How to Check Elfin Agro India IPO Allotment Status

Elfin Agro India Limited is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialised flour), Sooji (Semolina flour), Maida (Refined Flour), and yellow mustard oil.

The company sells processed wheat flour under its brands "Shiv Nandi" and "ELFIN'S Shri Shyam BHOG" to wholesalers and retailers across Rajasthan, Uttar Pradesh, Gujarat, and other states. The company is also engaged in the extraction, filtering, and manufacturing of edible mustard oil from raw mustard seeds, sold under the "Shiv Nandi" brand.

The company also engages in the trading of certain agro-products, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil, and others based on prevailing market conditions.

Elfin Agro India IPO is a fixed price issue of ₹25.03 crore, entirely comprising a fresh issue of 0.53 crore shares aggregating to ₹25.03 crore. The IPO opened on March 5, 2026, and closed on March 9, 2026. The allotment is expected on Tuesday, March 10, 2026. The issue price is fixed at ₹47 per share.

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Steps to Check Elfin Agro India IPO Allotment Status on Registrar Site

• Visit the Cameo Corporate Services Ltd.
• Select "Elfin Agro India" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Elfin Agro India IPO Allotment Status on BSE/NSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Elfin Agro India" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Elfin Agro India IPO Subscription Status

Elfin Agro India IPO subscribed 1.35 times overall. Here is the category-wise breakdown as of 4:54:35 PM on March 9, 2026:

• Non-Institutional Investors (NII): 2.12 times
• Individual Investors: 0.59 times

Elfin Agro India IPO Share Price and Investment Details

The minimum investment required was ₹2,82,000 for 2 lots (6,000 shares) for individual investors. The issue includes a reservation of up to 2,67,000 shares for the market maker, Shilpa Stock Broker Pvt. Ltd. Given the overall subscription of 1.35 times with strong NII participation at 2.12 times and modest individual investor subscription at 0.59 times, the share price listing expectations remain cautious.

Utilisation of IPO Proceeds

The proceeds will be utilised for working capital requirements (₹19.33 crore) and general corporate expenses (₹3.50 crore).

Business Overview

Elfin Agro India Limited is primarily engaged in the business of manufacturing varieties of Atta, trading of certain agro products, and edible oils. 

The company demonstrated financial performance with total income of ₹146.44 crore for FY2025 and a net worth of ₹17.76 crore as of December 31, 2025. The company benefits from strategically located processing units with robust infrastructure, installed capacity with cost-effective production and timely fulfilment of orders, a widespread distribution network and presence across various retail channels, existing client relationships, and customisation and flexibility. However, investors should note the post-issue P/E ratio of 17.2 and Price to Book Value of 3.73.