Description

BSE circular announcing the listing of equity shares of Elfin Agro India Limited pursuant to its Initial Public Offer, with total post-IPO share count of 19,425,000 shares in demat form.

Summary

BSE has announced the listing of fully paid-up equity shares of Elfin Agro India Limited pursuant to its Initial Public Offer (IPO). The total number of shares post-IPO stands at 19,425,000, all held in demat form. Shares are subject to varying lock-in periods depending on the tranche.

Key Points

  • Total post-IPO shares: 19,425,000 (all in demat form)
  • All shares are fully paid up
  • Distinctive numbers are indicative only, as shares are in demat form
  • Four tranches of shares with different lock-in periods
  • IPO listing date: 06 March 2026

Regulatory Changes

No new regulatory changes introduced. This circular follows standard BSE IPO listing procedures.

Compliance Requirements

  • Lock-in restrictions must be observed by relevant shareholders as per the specified periods
  • Shares in lock-in tranches cannot be traded until the respective lock-in expiry dates

Important Dates

  • Listing / Lock-in Start Date: 06 March 2026
  • Tranche 1 Lock-in Expiry (5,107,497 shares): 18 March 2027
  • Tranche 2 Lock-in Expiry (5,107,503 shares): 18 March 2028
  • Tranche 3 Lock-in Expiry (3,885,000 shares): 18 March 2029
  • Tranche 4 (5,325,000 shares): Free of IPO lock-in

Impact Assessment

The listing of Elfin Agro India Limited introduces approximately 19.4 million shares to the BSE market. Of these, ~14.1 million shares (roughly 72.6%) are subject to lock-in periods ranging from one to three years, limiting near-term liquidity. Only 5,325,000 shares (~27.4%) are free of IPO lock-in and available for unrestricted trading from listing. Impact is limited to direct investors and traders in this scrip.

Impact Justification

Routine IPO listing circular for a small-cap company with standard lock-in disclosures; relevant primarily to direct investors and market participants in this specific scrip.