Comparison between Elfin Agro India IPO and INDO SMC IPO.
IPO Details
Elfin Agro India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while INDO SMC IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Elfin Agro India IPO is up to ₹23.77 Cr whereas the issue size of the INDO SMC IPO is up to ₹87.34 Cr. The final issue price of Elfin Agro India IPO is ₹47.00 per share and of INDO SMC IPO is ₹149.00 per share.
IPO Timetable
Elfin Agro India IPO opens on Mar 05, 2026, while INDO SMC IPO opens on Jan 13, 2026. The closing date of Elfin Agro India IPO and INDO SMC IPO is Mar 09, 2026, and Jan 16, 2026, respectively.
| | Elfin Agro India IPO | INDO SMC IPO |
|---|
| Anchor Bid Date | | Jan 12, 2026 |
| Issue Open | Mar 05, 2026 | Jan 13, 2026 |
| Issue Close | Mar 09, 2026 | Jan 16, 2026 |
| Basis Of Allotment (Tentative) | Mar 10, 2026 | Jan 19, 2026 |
| Initiation of Refunds (Tentative) | Mar 11, 2026 | Jan 20, 2026 |
| Credit of Share (Tentative) | Mar 11, 2026 | Jan 20, 2026 |
| Listing date (Tentative) | Mar 12, 2026 | Jan 21, 2026 |
| Anchor Lockin End date 1 | | Feb 15, 2026 |
| Anchor Lockin End date 2 | | Apr 16, 2026 |
Financials & KPIs
Elfin Agro India IPO P/E ratio is 13.05, as compared to INDO SMC IPO P/E ratio of 16.1.
Shares Offered
In the Elfin Agro India IPO Retail Individual Investors (RII) are offered 25,38,000 shares while in INDO SMC IPO retail investors are offered 25,38,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Elfin Agro India IPO and 11,72,000 shares in INDO SMC IPO.
| | Elfin Agro India IPO | INDO SMC IPO |
|---|
| Anchor Investor Reservation | 0 shares | 17,56,000 shares |
| Market Maker Reservation | 2,67,000 shares | 3,09,000 shares |
| QIB | 0 shares | 11,72,000 shares |
| NII | 25,20,000 shares | 8,82,000 shares |
| RII | 25,38,000 shares | 20,52,000 shares |
| Employee | 0 shares | 0 shares |
| Others | | |
| Total | 50,58,000 shares | 58,62,000 shares |
Bids Received (Subscription)
Elfin Agro India IPO subscribed 1.35x in total, whereas INDO SMC IPO subscribed 77.39x.
