Company Overview
Gem Aromatics Ltd. is a leading manufacturer specializing in
essential oils, aroma chemicals, and value-added derivatives. Established over
two decades ago, the company serves global and domestic markets with a diverse
product portfolio of around 70 products, including mint and clove derivatives.
Its specialty chemicals cater to fragrances, cosmetics, pharmaceuticals, food,
and health industries.
IPO Details and Timeline
|
Item |
Details |
|
IPO Subscription Window |
August 19, 2025 – August 21, 2025 |
|
Allotment Date |
August 22, 2025 |
|
Refund Initiation Date |
August 25, 2025 |
|
Share Credit Date |
August 25, 2025 |
|
Listing Date |
August 26, 2025 (NSE & BSE) |
|
Issue Size |
₹451.25 crore |
|
Fresh Issue Size |
₹175 crore (≈53.85 lakh shares) |
|
Offer for Sale (OFS) |
₹276.25 crore (≈85 lakh shares) |
|
Price Band |
₹309 to ₹325 per share |
|
Face Value |
₹2 per share |
|
Lot Size |
46 shares (₹14,214 minimum retail investment) |
IPO Structure and Investment Details
The ₹451.25 crore IPO consists of a fresh issue of 53.85 lakh shares and an Offer for Sale of 85 lakh shares. The minimum application size for retail investors is 46 shares, requiring at least ₹14,214 at the lower price band. The IPO follows a book-building process under the Mainboard category and will trade on NSE and BSE.
Subscription Status and GMP
- By
August 21, 2025, Gem Aromatics IPO had garnered strong interest with
subscription crossing 5 times overall—5.20 times from retail and over 10
times from non-institutional investors.
- The GMP (Grey Market Premium) as of the last day was around ₹29, indicating about 8.9% premium over the IPO price band, signaling positive market sentiment and expected listing gains.
Business Strengths & Risks
Strengths:
- Established
player in specialty chemicals with robust product range
- Strong
demand from perfume, cosmetic, and pharma sectors
- Experienced
management and stable financials
Risks:
- Exposure
to raw material price fluctuations
- Competitive
industry environment impacting margins
- IPO
valuation at upper price band requires careful assessment
How to Apply
Investors can participate using ASBA through bank net
banking or UPI platforms linked to their demat accounts. Applying through a
registered broker or trading app is recommended. The IPO allotment date is
August 22 with credits expected by August 25.
Quick Summary
|
Parameter |
Value |
|
IPO Open Date |
August 19, 2025 |
|
IPO Close Date |
August 21, 2025 |
|
Listing Date |
August 26, 2025 |
|
Issue Size |
₹451.25 Cr |
|
Price Band |
₹309-₹325 per share |
|
Minimum Lot |
46 shares |
|
Fresh Issue |
₹175 Cr |
|
Offer for Sale (OFS) |
₹276.25 Cr |
|
Face Value |
₹2 per share |
|
Retail Allotment |
15% of total shares |
|
Subscription Status |
5.31x (as of Aug 21) |
|
GMP (Grey Market Premium) |
₹29 (approx) |
Disclaimer
This content is for informational use only and not
investment advice. Please consult a financial advisor before investing.
