Latest news with #EllenbarrieIndustrialGases
Mint
6 days ago
- Business
- Mint
Mutual funds pour ₹5,294 crore into IPOs in June quarter; smallcaps take center stage: Ventura report
The mutual fund industry demonstrated strong participation in newly listed companies during the quarter ended June 2025, with total investments exceeding ₹ 5,294 crore across recent IPOs, according to a study by Ventura. The majority of these investments were in small-cap companies, with only one classified as a mid-cap, underscoring fund managers' strategic tilt towards scalable, high-growth businesses with the potential for superior returns over time. In July 2025, several newly listed companies through IPOs were added to mutual fund portfolios, with market values above ₹ 20 crore. The highest exposure was in Ather Energy, with market value held by MFs at ₹ 1,351 crore, followed closely by HDB Financial Services at ₹ 1,331 crore. Together, these two accounted for more than half of the total value. Other significant MF positions included Schloss Bangalore ( ₹ 679 crore), Aegis Vopak Terminals ( ₹ 495 crore), Belrise Industries ( ₹ 398 crore), and Oswal Pumps ( ₹ 387 crore). Smaller, but notable, mutual fund exposures were seen in Ellenbarrie Industrial Gases ( ₹ 357 crore), Kalpataru ( ₹ 241 crore), and Sambhv Steel Tubes ( ₹ 55 crore). HDB Financial Services, Ellenbarrie Industrial Gases, and Sambhv Steel Tubes were listed in the first week of July 2025. Except for HDB Financial Services, which falls under the Mid Cap category, all other companies are Small Caps. Ventura's analysis of 335 equity schemes across the top 20 asset management companies (by AUM) for the January–March 2025 quarter showed that 90 percent of schemes outperformed the Nifty 50 TRI. This reflects the index's relative underperformance during the period. However, only 41 percent of schemes managed to beat their respective category benchmarks, suggesting more competitive conditions and selective alpha generation. Invesco Mutual Fund emerged as the top performer on benchmark outperformance, with 13 out of 16 schemes (81 percent) exceeding their benchmarks — the highest success rate among peers. Other fund houses, including Mirae Asset Mutual Fund, Kotak Mutual Fund, Nippon Mutual Fund, Edelweiss Mutual Fund, Canara Robeco Mutual Fund, and Aditya Birla Sun Life Mutual Fund, saw all their equity schemes outperform the Nifty, reflecting consistent delivery across portfolios, noted Ventura. Moroever, Ventua pointed out that Smallcap funds registered a 20 percent rise in assets under management, the highest growth among all categories, marking a strong reversal from the previous quarter when they ranked at the bottom. This rebound signals renewed investor confidence in high-risk, high-reward segments. Meanwhile, it noted that Midcap and multicap funds followed closely, posting growth of 17 percent and 16.5 percent respectively, supported by a broader market rally and increased interest in diversification beyond largecaps. The AUM surge suggests investors are moving down the market-cap curve in search of better returns, encouraged by attractive valuations, improved earnings visibility, and steady domestic retail inflows. Furthermore, the large & midcap category also posted robust growth of 14.8 percent, benefiting from its balance of stability and growth. Sectoral and thematic funds saw an 11.9 percent increase, reflecting demand for targeted exposure to areas such as manufacturing, defence, and electric vehicles. Private Banks maintained the largest share of mutual fund AUM among the top 10 sectors at 30 percent ( ₹ 4.66 lakh crore). IT – Software and Pharmaceuticals followed with 15 percent and 13.5 percent shares, respectively. While the top five sectors remained unchanged, notable changes emerged in the lower half of the rankings. Telecom – Services climbed to sixth place with ₹ 88,368 crore (5.8 percent), reflecting rising investor interest in a digitally driven growth sector. Auto Ancillary entered the top 10 for the first time with ₹ 69,631 crore (4.5 percent), replacing Hospitals & Healthcare. Conversely, Power and Engineering & Construction slipped slightly in position despite maintaining substantial allocations. The changes suggest a selective portfolio realignment by fund managers, balancing sectoral rotation with long-term structural themes.
Mint
6 days ago
- Business
- Mint
Mutual funds pour ₹5,294 crore into IPOs in June quarter; smallcaps take center stage: Ventura report
The mutual fund industry demonstrated strong participation in newly listed companies during the quarter ended June 2025, with total investments exceeding ₹ 5,294 crore across recent IPOs, according to a study by Ventura. The majority of these investments were in small-cap companies, with only one classified as a mid-cap, underscoring fund managers' strategic tilt towards scalable, high-growth businesses with the potential for superior returns over time. In July 2025, several newly listed companies through IPOs were added to mutual fund portfolios, with market values above ₹ 20 crore. The highest exposure was in Ather Energy, with market value held by MFs at ₹ 1,351 crore, followed closely by HDB Financial Services at ₹ 1,331 crore. Together, these two accounted for more than half of the total value. Other significant MF positions included Schloss Bangalore ( ₹ 679 crore), Aegis Vopak Terminals ( ₹ 495 crore), Belrise Industries ( ₹ 398 crore), and Oswal Pumps ( ₹ 387 crore). Smaller, but notable, mutual fund exposures were seen in Ellenbarrie Industrial Gases ( ₹ 357 crore), Kalpataru ( ₹ 241 crore), and Sambhv Steel Tubes ( ₹ 55 crore). HDB Financial Services, Ellenbarrie Industrial Gases, and Sambhv Steel Tubes were listed in the first week of July 2025. Except for HDB Financial Services, which falls under the Mid Cap category, all other companies are Small Caps. Ventura's analysis of 335 equity schemes across the top 20 asset management companies (by AUM) for the January–March 2025 quarter showed that 90 percent of schemes outperformed the Nifty 50 TRI. This reflects the index's relative underperformance during the period. However, only 41 percent of schemes managed to beat their respective category benchmarks, suggesting more competitive conditions and selective alpha generation. Invesco Mutual Fund emerged as the top performer on benchmark outperformance, with 13 out of 16 schemes (81 percent) exceeding their benchmarks — the highest success rate among peers. Other fund houses, including Mirae Asset Mutual Fund, Kotak Mutual Fund, Nippon Mutual Fund, Edelweiss Mutual Fund, Canara Robeco Mutual Fund, and Aditya Birla Sun Life Mutual Fund, saw all their equity schemes outperform the Nifty, reflecting consistent delivery across portfolios, noted Ventura. Moroever, Ventua pointed out that Smallcap funds registered a 20 percent rise in assets under management, the highest growth among all categories, marking a strong reversal from the previous quarter when they ranked at the bottom. This rebound signals renewed investor confidence in high-risk, high-reward segments. Meanwhile, it noted that Midcap and multicap funds followed closely, posting growth of 17 percent and 16.5 percent respectively, supported by a broader market rally and increased interest in diversification beyond largecaps. The AUM surge suggests investors are moving down the market-cap curve in search of better returns, encouraged by attractive valuations, improved earnings visibility, and steady domestic retail inflows. Furthermore, the large & midcap category also posted robust growth of 14.8 percent, benefiting from its balance of stability and growth. Sectoral and thematic funds saw an 11.9 percent increase, reflecting demand for targeted exposure to areas such as manufacturing, defence, and electric vehicles. Private Banks maintained the largest share of mutual fund AUM among the top 10 sectors at 30 percent ( ₹ 4.66 lakh crore). IT – Software and Pharmaceuticals followed with 15 percent and 13.5 percent shares, respectively. While the top five sectors remained unchanged, notable changes emerged in the lower half of the rankings. Telecom – Services climbed to sixth place with ₹ 88,368 crore (5.8 percent), reflecting rising investor interest in a digitally driven growth sector. Auto Ancillary entered the top 10 for the first time with ₹ 69,631 crore (4.5 percent), replacing Hospitals & Healthcare. Conversely, Power and Engineering & Construction slipped slightly in position despite maintaining substantial allocations. The changes suggest a selective portfolio realignment by fund managers, balancing sectoral rotation with long-term structural themes. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
06-08-2025
- Business
- Business Standard
Ellenbarrie Industrial Gases standalone net profit rises 15.57% in the June 2025 quarter
Sales rise 24.28% to Rs 83.63 croreNet profit of Ellenbarrie Industrial Gases rose 15.57% to Rs 18.71 crore in the quarter ended June 2025 as against Rs 16.19 crore during the previous quarter ended June 2024. Sales rose 24.28% to Rs 83.63 crore in the quarter ended June 2025 as against Rs 67.29 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 24 OPM %36.7132.53 -PBDT32.9225.92 27 PBT27.8321.07 32 NP18.7116.19 16 Powered by Capital Market - Live News
Mint
28-07-2025
- Business
- Mint
Kalpataru, Ellenbarrie, Globe Civil Projects, Stallion India Fluorochemicals shares fall as IPO lock-in period ends
Shares of Kalpataru, Ellenbarrie Industrial Gases, Globe Civil Projects, and Stallion India Fluorochemicals traded lower on Monday as the mandatory lock-in period for pre-IPO investors expired today. Stallion India Fluorochemicals led the decline, with its stock falling as much as 8.21% to ₹ 112.56 apiece. Shares of Ellenbarrie Industrial Gases dropped 3% to ₹ 545.85, Globe Civil Projects declined 2.38% to ₹ 85.42, and Kalpataru slipped 1% to ₹ 402.05 on the BSE. The correction in these stocks comes after the expiry of the lock-in period for non-promoter, pre-IPO shareholders on July 28, 2025. Under SEBI regulations, anchor investors are subject to a lock-in period of 30 and 90 days for 50% of their allotted shares, respectively Following the expiry, approximately 5.6 crore equity shares of these companies became eligible for trading on the secondary market. It is important to note that the end of the lock-in period does not necessarily result in immediate selling by investors — it simply means the shares are now available for trade. Kalpataru: The one-month lock-in period ended today, releasing approximately 90 lakh shares, equivalent to 4% of the company's total outstanding equity. Ellenbarrie Industrial Gases: Around 30 lakh shares (about 2% of total equity) became available for trading as the 30-day lock-in expired. Globe Civil Projects: Roughly 30 lakh shares, accounting for 4% of total outstanding shares, are now tradable post lock-in expiry. Stallion India Fluorochemicals: The company's six-month IPO lock-in period ended today, unlocking nearly 4.1 crore shares, or 52% of the total outstanding equity. The unlocking of such a large volume of shares has led to increased supply pressure in the market, weighing on share prices. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
02-07-2025
- Business
- Business Standard
Ellenbarrie Industrial Gases shares fall 7% a day after making strong debut
Newly listed Ellenbarrie Industrial Gases shares plunged 7 per cent in trade on Wednesday, logging an intraday low at ₹503.1 per share on BSE. The stock saw some profit booking a day after listing on the bourses. At 10:06 AM, Ellenbarrie Industrial Gases share price was trading 6.64 per cent lower at ₹505.25 per share on the BSE. In comparison, the BSE Sensex was trading flat at 83,697.89. The company's market capitalisation stood at ₹7,200.4 crore. Its 52-week high was at ₹563 per share and 52-week low was at ₹485.65 per share. Ellenbarrie Industrial Gases shares made a Dalal Street debut on Tuesday, July 1, 2025. On BSE, the stock was listed at ₹492 per share, registering a premium of ₹92 or 23 per cent over the issue price of ₹400. On the National Stock Exchange (NSE), the stock opened at ₹486, reflecting a premium of ₹86 or 21.5 per cent to the initial public offer (IPO) price. The company proposed to utilise its IPO proceedings to strengthen Ellenbarrie Industrial's financial and operational capabilities. Of the total, ₹210 crore will go toward partial or full repayment of outstanding borrowings, reducing leverage and improving the balance sheet. Another ₹104.5 crore is allocated for setting up a new 220 TPD air separation unit at the Uluberia-II plant. The rest of the proceeds will be used for general corporate purposes. Ellenbarrie Industrial Gases block deals On the listing day, July 1, 2025, Mansi Share and Stock Broking sold 4,06,125 shares at ₹529.36 per share and bought 7,56,113 shares at ₹524.57 per share through block deals. Besides, Motilal Oswal Mutual Funds also bought 20,95,179 shares for ₹511.1 per share via a block deal, according to NSE block deals data, About Ellenbarrie Industrial Gases Founded in 1973, Ellenbarrie Industrial Gases Ltd (EIGL) is a prominent Indian producer and supplier of industrial, medical, and specialty gases. Its portfolio includes oxygen, nitrogen, carbon dioxide, helium, hydrogen, argon, acetylene, nitrous oxide, LPG, welding gases, synthetic air, and dry ice. The company serves bulk, packaged, and onsite customers across sectors like steel, pharma, healthcare, infrastructure, petrochemicals, railways, and defence. It also offers turnkey project services for air separation units and provides medical gas pipeline systems and equipment such as ventilators and anesthesia workstations. As of FY25, the company had 1,829 customers and operated eight manufacturing facilities across West Bengal, Andhra Pradesh, Telangana, and Chhattisgarh. Its workforce included 281 permanent and 85 contractual employees as of March 31, 2025.
