Ellenbarrie Industrial Gases Ltd. has announced public offering of 21313131 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 398.00 per share. The gross proceeds of the issue are expected to be Rs 85,252.52 lakhs.

The company's initial public offer (IPO) will open on 24 June 2025 and is expected to close on 26 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 380.00-400.00 per share.

The IPO includes a fresh Issue of 21313131 Equity Shares of the Company at an price of Rs 400.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 37 shares with bids in multiples of 37.

Ellenbarrie Industrial Gases Ltd. anticipates using the proceeds of the issue for .

Motilal Oswal Investment Advisors Limited,JM Financial Ltd.,IIFL Capital Services Limited as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.