Elin Electronics IPO

एलिन के आईपीओ में प्राइस बैंड (Elin Electronics Price band ) 234 से 247 रुपये तय किया गया है। प्राइस बैंड ...

Sharing information regarding Elin Electronics' history, he said that Elin stands for Electronic Industry, and his company has been into electronics ...

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Post the public subscription, the shares of Elin Electronics are expected to go live on stock exchanges on December 30, 2022.

New Delhi: The three-day initial public offering of Elin Electronics started for subscription on Tuesday. It offers various products and services to its original equipment manufacturers (OEMs) customers, including electronic manufacturing services, design and manufacturing of electric motors, lighting products, and automotive components. Post the public subscription, the shares of Elin Electronics are expected to go live on stock exchanges on December 30, 2022.

The Initial Public Offer (IPO) got bids for 52,35360 shares against 1,42,09386 shares on offer, as per NSE data.

Price range for the IPO is at Rs 234-247 a share. The Initial Public Offer (IPO) got bids for 52,35,360 shares against 1,42,09,386 shares on offer, as per NSE data. The initial share-sale of electronics manufacturing services company Elin Electronics received 37 per cent subscription on the first day of offer on Tuesday.

The offer received bids for 52.35 lakh shares as against 1.42 crore shares on offer.

The issue opened for bidding on Tuesday (20 December 2022) and it will close on Thursday (22 December 2022). Elin Electronics is a leading player in electronics manufacturing services offering end-to-end product solutions for major brands of lighting, fans, and small and kitchen appliances in India. The issue was subscribed 0.37 times.

The company received bids for 52,35360 shares against 1,42,09386 shares on offer, according to data from the BSE.

The retail investors' portion was subscribed 0.55 times. The non-institutional investors' portion was subscribed 0.43 times. The company received bids for 13,15,980 shares against 30,44,869 on offer for this segment. The qualified institutional buyers' portion was subscribed 0.01 times. The company received bids for 21,600 shares against 40,59,824 on offer for this segment. Elin Electronics Ltd's initial public offering (IPO) was subscribed 0.37 times or 37 percent on the first day, mainly driven by response from retail investors and non-institutional investors.

एलिन इलेक्ट्रॉनिक्स के आरंभिक सार्वजनिक निर्गम (आईपीओ) को पहले दिन यानी मंगलवार को ...

आज खुला एलिन इलेक्ट्रॉनिक्स का IPO. कैसा है बिजनेस मॉडल? क्षमता विस्तार को लेकर क्या है ...

The initial public offer (IPO) of electronics manufacturing services company Elin Electronics received 37% subscription on the first day of offer that ...

Post the public subscription, the shares are expected to go live on stock exchanges on December 30, 2022. As per reports, the Elin Electronics latest GMP ...

As per reports, the Elin Electronics latest GMP suggests a premium of Rs 48, suggesting that the scrip will have a decent debut on its stock market listing. It offers various products and services to its original equipment manufacturers (OEMs) customers, including electronic manufacturing services, design and manufacturing of electric motors, lighting products, and automotive components. Post the public subscription, the shares are expected to go live on stock exchanges on December 30, 2022.

The IPO for electronic manufacturing services provider, Elin Electronics is open for subscription till December 22. The company aims to raise ₹475 crore ...

At the upper end of price band, the company is valued at around 31.3 times its FY22 earnings and at an EV/EBITDA (FY22) of 16.7 times. However, on account of capex incurred and debt repayments, the company has seen reduction in cash levels from around ₹10 crore to ₹2 crore. The company grew at a CAGR of 18 per cent with revenue from operations of around ₹1,094 crore in FY22. In EMS segment, it commands a market share of 10.7 per cent and 7.2 per cent in lighting and small appliances, respectively. Out of the ₹175 crore proceeds, the company aims to utilise ₹88 crore for debt repayment, about ₹38 crore for capex and the rest for general corporate purposes, post which the debt can be reduced from the current ₹103 crore levels. The company aims to raise ₹475 crore through the public issue, out of which ₹300 crore is an offer for sale while the rest is a fresh issue.

कल खुला एलिन इलेक्ट्रॉनिक्स का IPO. कंपनी ने इसका प्राइस बैंड ₹234-247/शेयर तय किया है.

इलेक्ट्रॉनिक्स मैन्युफैक्चरिगं सर्विसेज देने वाली कंपनी एलिन इलेक्ट्रॉनिक्स (Elin ...

पहले दिन इसका 37 फीसदी हिस्सा भरा है. 475 करोड़ का इश्यू साइज है, जिसमें फ्रेश इश्यू 175 करोड़ ...

बीते पांच सालों में कंपनी की बिक्री सालाना 33 फीसदी की दर से बढ़ी है. बिजनेस और प्रोडक्ट को लेकर कंपनी के डायरेक्टर संजीव सेठिया ने कहा कि कंपनी लाइटिंग बिजनेस में है. लाइटिंग और अप्लायंस में कंपनी फिलिप्स को माल बेचती है. सेल्स की बात करें तो साल 2018 में कंपनी की बिक्री 650 करोड़ की थी. अपने सेगमेंट में कंपनी को बहुत ज्यादा कॉम्पिटिशन का सामना नहीं करना पड़ रहा है. 475 करोड़ का इश्यू साइज है, जिसमें फ्रेश इश्यू 175 करोड़ का है.

Elin Electronics IPO review: Singhvi said that the electronic company has experienced promoters and are in business for a long time.

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Retail investors led the demand for the initial public offering of Elin Electronics Ltd. on the second day of subscription. The IPO of the electronics ...

The contract manufacturer has cut the size of its issue from Rs. on the second day of subscription. 760 crore to Rs. The IPO of the electronics manufacturing services provider was The IPO was subscribed 0.55 times, or 55%, as of 12:00 p.m. The issue comprises 38.73% of the post-offer equity capital in the IPO.