Ellenbarrie Industrial Gases made a strong debut on the Bombay Stock Exchange (BSE) today, listing at RS 492.00 — a premium of 23% over its issue price of RS 400.00 per share.
As of now, the stock is trading at RS 529.90, marking a gain of RS 129.90 or 32.48% from its issue price. During the session, it has touched an intraday high of RS 541.20 and a low of RS 485.65. Trading activity has been robust, with around 29.45 lakh shares changing hands so far.
The initial public offering (IPO), which was open for subscription from June 24 to June 26, 2025, witnessed strong investor interest and was subscribed over 22 times. The issue price was set at RS 400.00 per share, the upper end of the price band of RS 380–400.
Ellenbarrie Industrial Gases is one of India's oldest industrial gas companies. It manufactures and supplies a wide range of gases including oxygen, nitrogen, carbon dioxide, helium, hydrogen, nitrous oxide, synthetic air, fire-fighting gases, medical oxygen, liquid petroleum gas, and specialty gases. The company caters to a diverse set of end-use industries across the country.