Elofic Industries Limited is a leading Indian manufacturer and supplier of automotive filters, lubricants, and other related products. The company was founded in 1951 and has its headquarters in Faridabad, India. With over seven decades of experience in the industry, Elofic Industries has established itself as a trusted and reliable brand in India and abroad.
Elofic Industries offers a wide range of products, including oil filters, fuel filters, air filters, cabin filters, lubricants, brake fluids, and coolants. The company's products are designed for various applications, including automotive, industrial, and agricultural use.
Elofic Industries has a robust distribution network in India and exports its products to over 70 countries worldwide. The company's commitment to quality has earned it several awards and recognitions over the years. Elofic Industries is ISO 9001:2015 certified, which reflects its adherence to international quality standards.
Apart from its core business of automotive filters and lubricants, Elofic Industries has diversified into other areas such as renewable energy, healthcare, and personal protective equipment (PPE). With its focus on innovation, quality, and customer satisfaction, Elofic Industries is poised to continue its growth trajectory in the years to come.
Elofic Outstanding Shares Including CCPS: |
2,508,370 |
Face Value of Elofic Unlisted Share: |
Rs. 10 Per Equity Share |
ISIN of Elofic Unlisted Share: |
INE02YY01015 |
Lot Size of Elofic Unlisted Share: |
100 Shares |
Elofic Current Share Price: |
Best in Industry |
PAN Number of Elofic: |
AAACE0425C |
GST Number of Elofic: |
06AAACE0425C1ZH |
CIN of Elofic |
U74999HR1973PLC070262 |
Registration Date of Elofic |
02-Jun-73 |
Category/Sub-category of Elofic |
Company Limited by Shares |
Elofic Registered office address and contact details |
14/4, Mathura Road, |
| Faridabad – 121003, | |
| Haryana | |
Elofic Registrar and Transfer Agent address |
Alankit Assignments Limited, |
| Alankit House, 3E/7, Jhandewalan Extn., | |
| New Delhi - 110055 |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Automobile Filters |
- |
97.44% |
Mr. Mohan Bir Sahni, Chairman cum Managing Director
Mr. Kanwal Deep Sahni, Vice Chairman cum Joint Managing Director
Mr. Prem Arora, Director
Mr. Mohanjit Singh, Director
Maj. Gen. Jatinder Singh Bedi (Retired), Director
Mr. Subodh Kumar Jain, Non-Executive Independent Director
|
Name of the Company |
% of shares held |
|
Elofic USA, LLC, USA |
100% |
India automotive filter market is projected to grow at a CAGR of more than 10% during 2017 to 2023. Growth in the market is expected to be fueled by growing automobile sales, expanding vehicle fleet size and increasing purchasing power of consumers in the country. Moreover, government support in the form of numerous initiatives such as National Automotive Testing and R&D Infrastructure Project (NATRiP), Focus Market Scheme (FMS), Automotive Mission Plan 2016-2026, National Electric Mobility Mission Plan (NEMMP) 2020 and ‘Make in India’ program are anticipated to have a positive impact on the country’s automotive filter market during forecast period.
FAQS ON ELOFIC INDUSTRIES LTD UNLISTED STOCK
Q: What is the face value of Elofic Industries Ltd shares?
Answer: The face value of Elofic Industries Ltd is ₹10 per equity share.
Q: What is the minimum lot size for buying Elofic Industries shares through WWIPL?
Answer: The minimum lot size for Elofic Industries shares is 100 equity shares.
Q: How can I buy Elofic Industries unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why should I buy Elofic Industries shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.
Q: Is investing in Elofic Industries Ltd a good idea?
Answer: Investors often evaluate Elofic Industries based on its leadership in the automotive filtration industry, strong OEM relationships, financial performance, and long-term growth potential in the auto components sector.
Q: Why do investors buy Elofic Industries shares before a potential IPO?
Answer: Investors seek early exposure to a well-established automotive component manufacturer with the expectation of long-term value creation and potential liquidity through future corporate developments.
Q: What business does Elofic Industries Ltd operate in?
Answer: Elofic Industries Ltd is engaged in the manufacture of automotive filtration products, including oil filters, air filters, fuel filters, hydraulic filters, coolant filters, cabin filters, and industrial filtration solutions for OEMs and the aftermarket.
Q: Who founded Elofic Industries Ltd?
Answer: Elofic Industries Ltd was established in 1951 and has grown into one of India's leading manufacturers of automotive and industrial filtration products.
Q: What makes Elofic Industries different from other unlisted auto component companies?
Answer: Elofic has a long operating history, strong relationships with leading automobile manufacturers, a diversified filtration product portfolio, and a significant presence in both OEM and aftermarket segments.
Q: What are the key growth drivers for Elofic Industries Ltd?
Answer: Growth is driven by rising automobile production, increasing vehicle parc, replacement demand in the aftermarket, expansion into industrial filtration, exports, and continued partnerships with OEMs.
Q: What factors affect the valuation of Elofic Industries shares?
Answer: Revenue growth, profitability, OEM customer relationships, production volumes, aftermarket demand, export performance, market demand for unlisted shares, and future corporate developments are key valuation drivers.
Q: Are Elofic Industries shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.
Q: Can I sell my Elofic Industries shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.
Q: What documents are required to buy Elofic Industries shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.
Q: What are the risks of investing in Elofic Industries shares?
Answer: Investors should consider cyclicality in the automotive industry, raw material price fluctuations, customer concentration, technological changes, competitive pressures, and liquidity constraints associated with unlisted shares.
Q: How does WWIPL help investors track Elofic Industries investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.
Q: How long does it take for Elofic Industries shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.
Q: What should investors evaluate before investing in Elofic Industries Ltd?
Answer: Investors should assess the company's financial performance, OEM customer base, product portfolio, profitability, manufacturing capabilities, valuation, and long-term growth prospects.
Q: Can Elofic Industries benefit from the growth of India's automobile industry?
Answer: Yes. Rising vehicle production, increasing replacement demand for filters, expansion of the automotive aftermarket, and growth in exports may create significant long-term growth opportunities for the company.
