
Gem Aromatics
Mainboard₹14,950 / 46 Shares
IPO Live Subscription Details (times)
Bids below ₹10L: 40.13x
NII Total: 45.06
IPO Details
Gem Aromatics IPO is priced between ₹309-325 per equity share, with a face value of ₹2 per share. The company's equity shares will be listed on the Mainboard, and Kfin Technologies Limited is managing the issue as the registrar.
The IPO bidding period opened on 19 Aug, 2025, and closed on 21 Aug, 2025. The allotment results will be announced on 22 Aug, 2025, with a tentative listing date set for 26 Aug, 2025.
The total issue comprises Total 451.25 Cr :#Fresh Issue : 53,84,615 shares, amounting to ₹175.00 Cr.
Gem Aromatics IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Aug 19, 2025 - Aug 21, 2025 | 26 Aug, 2025 | ₹2 Per Equity Share | ₹309-325 per equity share | 46 Shares | 53,84,615 Shares | 85,00,000 shares of ₹2 | BSE, NSE |
Gem Aromatics IPO Timeline
Issue Price
₹309-325 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedMarket Lot
Retail: 46 Shares (₹14,950/-)S-HNI: 644 Shares (₹2,09,300/-)
B-HNI: 3,082 Shares (₹10,01,650/-)
Lead Manager
Motilal Oswal Investment Advisors LimitedIssue Size
Total 451.25 Cr :#Fresh Issue : 53,84,615 shares(aggregating up to ₹175.00 Cr) +
#OFS : 85,00,000 shares of ₹2(aggregating up to ₹276.25 Cr)
Retail Portion
35% (Number of Retail Applications: 1,05,644 Approx),(Number of S-HNI Applications : 1,078 Approx),(Number of B-HNI Applications : 2,156 Approx)Subscription
30.25 timesGem Aromatics IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 25 | 534.52 | 505.64 | 53.38 | 283.98 | 278.26 | 222.37 |
31 Mar 24 | 230.55 | 454.23 | 50.1 | 230.55 | 224.88 | 111.13 |
31 Mar 23 | 295.76 | 425.09 | 44.67 | 179.53 | 182.36 | 89.36 |
All values are in ₹ Cr.
Gem Aromatics IPO Valuations
EPS PRE IPO ₹11.39/- | EPS POST IPO ₹10.22/- | PE PRE IPO 28.52 | PE POST IPO 31.80 | ROE 18.80% |
ROCE 16.02% | DEBT EQUITY 0.78 | RONW 18.80% | PAT MARGIN 10.56% | PRICE TO BOOK VALUE 5.36 |
About Company
Established in October 1997, Gem Aromatics Limited produces speciality ingredients such as essential oils, aroma chemicals, and Value-Added Derivatives in India and has more than two decades of experience. The company provides different products ranging from Mother Ingredients to Value-Added Derivatives.The products of the company are applied in oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care.
The company offers a total of seventy products, which are divided into four different categories and include:
Mint and its analogous substances;
Clove and its analogous substances;
Phenol; and
Other natural and synthetic substances.
The company as of September 30, 2024, has 170 domestic customers and 30 foreign customers spread over 13 countries in the Americas, Asia, Africa, and Australia.
The company markets its products directly to clients on a business-to-business basis, with export sales through channels such as (i) direct sales, (ii) sales through its subsidiary, Gem Aromatics LLC, in the USA, and (iii) sales through third-party intermediaries.
The company had an in-house R&D team of 15 scientists as of September 30, 2024, who played pivotal roles in utilizing state-of-the-art technology that upgraded our formulations in Value-Added Derivatives.
Gem Aromatics IPO Subscription Details
As on | QIB | NII bNII sNII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 27,76,925 | 20,82,692 13,88,462 6,94,231 | 48,59,615 | 97,19,232 |
Day 1 - 19-08-25 05:00 PM | 1.05 x | 0.88 0.67 x 1.29 x | 1.09 x | 1.03 x |
Day 2 - 20-08-25 05:00 PM | 1.54 x | 3.95 2.90 x 6.05 x | 3.19 x | 2.90 x |
Day 3 - 21-08-25 05:00 PM | 55.28 x | 45.05 47.53 x 40.09 x | 10.26 x | 30.25 x |
Retail:9.5x
BHNI:9.5x
SHNI:40.0x times
Gem Aromatics IPO - Issue Objectives
- Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and its Subsidiary, Krystal Ingredients Private Limited
- General corporate purposes.
Gem Aromatics
A/410, Kailas Complex, Vikhroli Powai Link Road, Park Site, Vikhroli (W), Mumbai, Maharashtra, 400079Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: gem.ipo@motilaloswal.com