Elin Electronics IPO
Electronics/EMS - Listed on 30 December 2022
Elin Electronics IPO listing summary
Elin Electronics (Electronics/EMS) closed its IPO window in 2022 and listed on NSE and BSE on 30 December 2022 at an upper band issue price of Rs 247, opening at Rs 227.66 for a listing gain of -7.8% and closing day one at Rs 220 (-10.9% on closing basis). The IPO was subscribed 100.69x overall - QIB 133.21x, HNI/NII 72.00x, Retail 50.87x. The total issue size was Rs 1,300 Cr (Fresh Issue Rs 500 Cr, OFS Rs 800 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Elin Electronics IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 50 | +20.24% |
| Day 2 | Rs 50 | +20.24% |
| Day 3 | Rs 45 | +18.22% |
| Day 4 | Rs 45 | +18.22% |
| Day 5 | Rs 5 | +2.02% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Elin Electronics IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Elin Electronics IPO - FAQs
What was the listing gain of Elin Electronics IPO?
Elin Electronics IPO listed at -7.8% versus the upper issue price of Rs 247 on 30 December 2022.
How many times was Elin Electronics IPO subscribed?
Elin Electronics IPO was subscribed 100.69x overall. QIB portion was subscribed 133.21x, HNI / NII 72.00x and Retail 50.87x.
What was the IPO GMP for Elin Electronics?
IPO GMP started at Rs 50 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.