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Ellenbarrie Industrial Gases Limited

Established in 1973, EIGL is a well-known Indian company specializing in the production and supply of a wide range of industrial, medical, and specialty gases such as oxygen, nitrogen, carbon dioxide, acetylene, argon, helium, hydrogen, and nitrous oxide. It also provides products like dry ice, synthetic air, LPG, welding gas mixtures, and gases used in medical applications. The company offers turnkey solutions for setting up air separation units, installs and maintains medical gas pipelines, and supplies essential medical equipment including ventilators, anesthesia machines, and patient monitors. EIGL serves different types of customers through bulk deliveries using cryogenic tankers, packaged gas cylinders, and onsite gas supply systems with operation and maintenance support. Its services are widely used across various industries such as steel, pharmaceuticals, chemicals, healthcare, engineering, railways, aviation, petrochemicals, and defense. Notable clients include Dr. Reddy’s, AIIMS, Laurus Labs, and Rashtriya Ispat Nigam. As of FY24, the company served 1,836 customers, including 295 bulk clients with average contract durations of five years. EIGL operates eight production plants located in West Bengal, Andhra Pradesh, Telangana, and Chhattisgarh, and has a workforce of 250 permanent and 67 contractual employees.

₹380 - ₹40022.47x sub
Listed Price486.00
Listing Gain+21.50%
Subscription22.47x total demandUpdated 20 May 2026, 09:54 AM
QIB63.13x
🔥 Blockbuster Sizzling Demand!Offered: 42,62,627 sh
Nib15.58x
Hot Bidding (High Profits)Offered: 31,96,970 sh
Hnis(10l +)17.42x
Hot Bidding (High Profits)Offered: 21,31,313 sh
Hnis (2-10l)11.91x
Hot Bidding (High Profits)Offered: 10,65,657 sh
Retail2.20x
Fully Subscribed (Safe)Offered: 74,59,596 sh
CategoryOfferedAppliedTimes
QIB42,62,62726,90,79,28163.13x
Nib31,96,9704,98,12,43415.58x
Hnis(10l +)21,31,3133,71,18,40017.42x
Hnis (2-10l)10,65,6571,26,94,03411.91x
Retail74,59,5961,63,92,1102.2x
Segment Subscription Demand
Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB10,763.17170.5163.12x
Retail655.68298.382.20x
Hnis 2+507.7642.6311.91x
Hnis 10+1,484.7485.2517.42x
Application-wise Breakup
CategoryReservedAppliedTimes Sub.
Retail2,01,6113,47,4831.72x
Hnis(10l +)4,11514,1363.44x
Hnis (2-10l)2,05724,07711.70x