Gem Aromatics

Gem Aromatics

Mainboard

₹14,950 / 46 Shares

Offer Date:Aug 19, 2025 - Aug 21, 2025

IPO Live Subscription Details (times)

Date:21 Aug 2025,06:42:00 PM
QIBs:55.28
NII:Bids above ₹10L: 47.53x
Bids below ₹10L: 40.13x
NII Total: 45.06
Retail:10.31x
Total:30.27 times

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 DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Aug 19, 2025 - Aug 21, 202526 Aug, 2025₹2 Per Equity Share₹309-325 per equity share46 Shares53,84,615 Shares 85,00,000 shares of ₹2BSE, NSE

Gem Aromatics IPO Timeline

IPO Open Date
19 Aug, 2025
IPO Close Date
21 Aug, 2025
Basis of Allotment
22 Aug, 2025
Listing Date
26 Aug, 2025

Issue Price

₹309-325 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Market 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 Limited

Issue 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 times

Gem Aromatics IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 25534.52505.6453.38283.98278.26222.37
31 Mar 24230.55454.2350.1230.55224.88111.13
31 Mar 23295.76425.0944.67179.53182.3689.36

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.

Read More

Gem Aromatics IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved27,76,925
20,82,692

13,88,462    6,94,231
48,59,61597,19,232
Day 1 - 19-08-25 05:00 PM1.05 x
0.88

0.67 x   1.29 x
1.09 x1.03 x
Day 2 - 20-08-25 05:00 PM1.54 x
3.95

2.90 x   6.05 x
3.19 x2.90 x
Day 3 - 21-08-25 05:00 PM55.28 x
45.05

47.53 x   40.09 x
10.26 x30.25 x
Total No. of Applications:10,58,256 (Approx)
Retail Subscription:

Retail:9.5x

BHNI:9.5x

SHNI:40.0x times

Gem Aromatics IPO - Issue Objectives

  1. 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
  2. General corporate purposes.
Company Contact Details

Gem Aromatics

A/410, Kailas Complex, Vikhroli Powai Link Road, Park Site, Vikhroli (W), Mumbai, Maharashtra, 400079

Phone: +91 22 25185231

Email: secretarial@gemaromatics.in

Website: http://www.gemaromatics.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: gem.ipo@motilaloswal.com

Website: https://kosmic.kfintech.com/ipostatus/