IPO Issue Details
Issue Price / Price Band₹325 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size46 Shares per Lot
Total Issue Size1,38,84,615 shares (aggregating up to ₹451.25 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 19 Aug 2025
Subscription CloseThu, 21 Aug 2025
Anchor AllotmentMon, 18 Aug 2025
Basis of AllotmentFri, 22 Aug 2025
Initiation of RefundsMon, 25 Aug 2025
Credit of Shares to DematMon, 25 Aug 2025
Listing DateTue, 26 Aug 2025
UPI Mandate Deadline2025-08-21
Application & Investment Details
Retail — Min (1 Lots)₹14,950 — 46 shares
Retail — Max (13 Lots)₹194,350 (13 Lots)
HNI — Min (14 Lots)₹2,09,300 — 644 shares
EPS (Pre-IPO)₹11.39
EPS (Post-IPO)₹10.22
P/E Ratio (Pre-IPO)28.52x
P/E Ratio (Post-IPO)31.8x
Pre-IPO Promoter Holding4,68,52,523 shares
Post-IPO Promoter Holding5,22,37,138 shares
Fresh Issue Shares53,84,615 shares (aggregating up to ₹175.00 Cr)
Offer for Sale Shares85,00,000 shares of ₹2 (aggregating up to ₹276.25 Cr)
About Gem Aromatics Ltd.
Incorporated in October 1997, Gem Aromatics Limited manufactures speciality ingredients, including essential oils, aroma chemicals, and Value-Added Derivatives in India, with over two decades of experience. The company offers various products, from Mother Ingredients to Value-Added Derivatives.The company's products are used in oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care.The company provides a total of seventy products, categorized into four distinct groups, which include:Mint and its derivatives;;Clove and its derivatives;Phenol; andOther synthetic and natural ingredients.In Fiscal 2025, the company serves 225 customers and 44 international customers across 18 countries, including the Americas, Asia, Africa, and Australia.The company sells products directly to customers on a business-to-business basis, with export sales through methods including (i) direct sales, (ii) sales via its subsidiary, Gem Aromatics LLC, in the USA, and (iii) sales through third-party agencies.As of Mar 31, 2025, the company had an in-house R&D team of 13 scientists who pivotally implemented state-of-the-art technology that advanced our formulations in Value-Added Derivatives.Competitive StrengthA reputable manufacturer of specialty ingredients in India, encompassing essential oils, aroma chemicals, and value-added derivatives.Wide product range with continuous product development and R&D capabilities.Long-standing relationship with well-established customers in India and globallyStrategically located Manufacturing Facilities with a focus on sustainabilityExperienced Promoters and management team.
Objects of the Issue
Gem Aromatics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary, Krystal Ingredients Private Limited; and
140.00
2
2 General Corporate Purposes
22.86
Shareholding & Lock-in
Pre-IPO Promoter Holding
4,68,52,523 shares
Post-IPO Promoter Holding
5,22,37,138 shares
Lock-in Period (30%)September 20, 2025
Lock-in Period (50%)November 19, 2025