Gem Aromatics IPO GMP, Open Date, Price Band, DRHP Filed

  • 08-Jan-2025
  • 2 mins read
Gem Aromatics IPO

Gem Aromatics IPO GMP, Open Date, Price Band, DRHP Filed

Gem Aromatics IPO GMP will be available once the IPO is open for subscription. Gem Aromatics files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in the last week of April 2025. This upcoming IPO is a book-built issue offering a combination of fresh issues and offers for sale. The company is offering worth up to Rs 175 crore fresh issue equity shares and up to 89.24 lakh equity shares as an offer for sale.

Also Read | Snapdeal IPO GMP, Open Date, Allotment Status, Listing Date, DRHP

Gem Aromatics IPO GMP

Gem Aromatics IPO GMP has not yet started. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Gem Aromatics IPO GMP might rise in the coming days.

Gem Aromatics IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases. 

However, if the Live IPO GMP quotes are 8% or below the premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Gem Aromatics IPO, GMP is expected to quote the initial ticks at a premium of 12% or above.

Gem Aromatics IPO Open Date, Close Date

Gem Aromatics IPO's open date and close date are expected to be in the last week of April 2025. However, as of now, the open and close date has not yet been finalised.

Gem Aromatics IPO Price Band

Gem Aromatics IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,950, and for small HNI, the minimum investment will be around Rs 2,09,300.

Gem Aromatics IPO Issue Size

Gem Aromatics IPO issue size is worth up to Rs 175 crore of equity shares as a fresh issue and up to 89.24 lakh of equity shares as an offer for sale. The total number of equity shares that will be issued in this IPO and the total aggregate size of this IPO in rupees has not yet been disclosed.

Gem Aromatics IPO Allotment Status

Gem Aromatics IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Gem Aromatics IPO Listing Date

Gem Aromatics IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Gem Aromatics IPO: Listing Date, Lot Size, Price Band

IPO Open Date

Last week of April 2025 (Expected)

Listing Date

Last week of April 2025 (Expected)

Face Value

Rs 2 per share

Price

Yet to be announced

Lot Size

Yet to be announced

Total Issue Size

Yet to be announced

Fresh Issue

[-] shares

(aggregating up to Rs 175 Cr)

Offer for Sale

8,924,274 shares

(aggregating up to Rs [-] Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Gem Aromatics Limited: About the Company

 

Gem Aromatics IPO

 

Gem Aromatics Limited, incorporated in 1997, is a major manufacturer, Mumbai, Maharashtra based. The company specializes in essential oils and aromatic chemicals.

The company is known for its quality and sustainability and offers wide range of products, such as mint oil, clove oil, and various isolates.

With a strong focus on customer satisfaction, Gem Aromatics has built enduring relationships with clients globally.Gem Aromatics has various necessary certificates include the ISO 9001-2000 certification. 

Gem Aromatics IPO Objectives

Gem Aromatics IPO's objective is to utilise the net proceeds for repayment and/or pre-payment of all or a portion of certain borrowings availed by the company and their subsidiary, Krystal Ingredients Pvt Limited amounting to Rs 140 crore and further into general corporate purposes. (All the data mentioned in the paragraph are as per DRHP filed with SEBI by the company).

Gem Aromatics IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Last week of April 2025 (Expected)

IPO Close Date

Last week of April 2025 (Expected)

Basis of Allotment

Yet to be announced

Initiation of Refunds

Yet to be announced

Credit of Shares to Demat

Yet to be announced

Listing Date

Last week of April 2025 (Expected)

Cut-off time for UPI mandate

Yet to be announced

Gem Aromatics Financials (Amt in Rs Cr)

Gem Aromatics Limited posted revenue of Rs 452.45 crore and Profit After Tax reported Rs 50.10 crore for the period ending on March 31, 2024. The company's revenue increased by 6.51% and PAT increased by 12.16% for the FY ending 2024 compared to FY ending 2023. 

Period Ended

30-Sep-24

31-Mar-24

31-Mar-23

Assets

416.99

368.57

295.76

Revenue

204.89

452.45

424.79

Profit After Tax

18.33

50.10

44.67

Total Borrowing

125.35

111.13

89.36

Gem Aromatics IPO Subscription Details, IPO Reservation

Gem Aromatics IPO subscription details will be available soon. Gem Aromatics IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Gem Aromatics IPO Lot Size Details

Gem Aromatics IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around Rs 14,950, and for small HNI, the minimum investment will be around Rs 2,09,300.

Gem Aromatics IPO Promoter Holdings

Gem Aromatics promoters are Vipul Parekh, Kaksha Vipul Parekh, Yash Vipul Parekh, And Parekh Family Trust. The promoters' shareholdings before the IPO were 75%; however, after the IPO, shareholdings will decline.

Gem Aromatics IPO Registrar

Gem Aromatics IPO registrar is Kfin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Gem Aromatics IPO Lead Managers

Gem Aromatics IPO lead manager is Motilal Oswal Investment Advisors Limited.

How to apply to Gem Aromatics IPO

Interested investors can apply to the Gem Aromatics IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Gem Aromatics IPO FAQ

1. What are the details of the Gem Aromatics IPO?

Gem Aromatics IPO is a book-built issue offering a combination of worth up to Rs 175 crore equity shares as a fresh issue and up to 89.24 lakh equity shares as an offer for sale.

2. When will the Gem Aromatics IPO open and close?

Gem Aromatics IPO's open date is expected to be in the last week of April 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Gem Aromatics IPO GMP?

Gem Aromatics IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Gem Aromatics IPO GMP will also rise.

4. Write the details of the IPO Allotment Status.

Gem Aromatics IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who is the registrar and the lead managers for Gem Aromatics IPO?

Gem Aromatics IPO registrar is Kfin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager of Gem Aromatics IPO is Motilal Oswal Investment Advisors Limited.

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