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Elin Electronics Ltd.
Issue Open Date 20-Dec-22  
Issue Closing Date 22-Dec-22  
Application Money 100  
Allotment Money  
Price Band () 234 - 247  
Minimum Bid Quantity. 60  
Issue Size (Shares) 19230746  
Market Lot 1  
Objective

1. Repayment/ prepayment, in full or part, of certain borrowings availed by our Company.2. Funding capital expenditure towards upgrading and expanding our existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa.3. General corporate purposes

Business Description

We are a leading electronics manufacturing services (“EMS”) manufacturer of end-to end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and are one of the largest fractional horsepower motors manufacturers in India. Based on our overall market, we are projected to be the largest players in this category, with a market share of 12 % in Fiscal 2021. (S...

Promoter's Holding
Total Share Capital   22983150  
Offered to Public   19230746  
Promoter's Holding (Pre-Issue)   53.98  
Promoter's Holding (Post-Issue)   32.93  
Address
Address :4771
Bharat Ram Road
23 Darya Ganj
City :New Delhi, State :New Delhi Pincode :110002 Phone : Email : rkc@elinindia.com Website : www.elinindia.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
JM Financial Ltd.
Promoters
Gaurav Sethia
Kamal Sethia
Kishore Sethia
Mangi Lall Sethia
Sanjeev Sethia
Suman Sethia
Sumit Sethia
Vasudha Sethia
Vinay Kumar Sethia
BNK Securities Pvt. Ltd

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