IPO Listed — 12 Mar 2026
Listing Price: ₹47.30
Elfin Agro India SME IPO GMP History | Listing Price ₹47.30 & Kostak Rate
Elfin Agro India SME IPO has been listed on March 12, 2026 at a listing price of ₹47.30, against the issue price of ₹47 — a gain of ₹0.3 (+0.64%). The GMP peaked at ₹0 on 11 March 2026 and reached a low of ₹0 on 11 March 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Elfin Agro India SME IPO raised ₹25.03 Cr. through its IPO at a price band of ₹47 per share, with a lot size of 3000 shares. The IPO was open for subscription from 05 Mar 2026 to 09 Mar 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 11 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 10 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 09 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 07 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 06 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 05 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 04 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 02 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
Elfin Agro India SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 05 Mar, 2026 |
| Close Date | 09 Mar, 2026 |
| Allotment Date | 10 Mar, 2026 |
| Refund Date | 11 Mar, 2026 |
| Credit to Demat | 11 Mar, 2026 |
| Listing Date | 12 Mar, 2026 |
Elfin Agro India SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹47 |
| Actual Listing Price | ₹47.30 (+0.64%) |
| Listing Gain / Loss | +₹0.3 per share |
| Listing Date | 12 Mar, 2026 |
Is Elfin Agro India SME IPO GMP Reliable?
Grey market premium for Elfin Agro India SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Elfin Agro India SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Elfin Agro India SME IPO IPO Kostak Rate Explained
The Kostak rate for Elfin Agro India SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Elfin Agro India SME IPO
The company is primarily engaged in offering a range of agricultural inputs such as seeds, fertilizers, and crop protection products. Its business model revolves around sourcing quality products and distributing them through a wide network to reach farmers efficiently. By maintaining a balance between product quality and affordability, the company aims to build long-term trust, while also expanding its footprint across key agricultural regions in India.
Frequently Asked Questions about Elfin Agro India SME IPO
What is the GMP of Elfin Agro India SME IPO?
The current Grey Market Premium (GMP) of Elfin Agro India SME IPO is not yet started or active in the market.
What is the Kostak Price of Elfin Agro India SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Elfin Agro India SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Elfin Agro India SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Elfin Agro India SME IPO?
Elfin Agro India SME IPO listed on March 12, 2026 at ₹47.30, against the issue price of ₹47 — a gain of +0.64%.
How did the GMP of Elfin Agro India SME IPO trend before listing?
The GMP of Elfin Agro India SME IPO was stable in its final days before listing. The GMP peaked at ₹0 on 11 March 2026. View the day-wise table above for the complete GMP history.
Explore Elfin Agro India SME IPO Further
For a complete picture before making your investment decision, explore these resources:
Discussion 1
This IPO is looking very nice, all three things Review, GMP and Subscription helped me to make my decision of Applying this IPO.