Indian Emulsifier IPO: All Important Details Discussed Here

Indian Emulsifier IPO is open for subscription starting Monday, May 13, 2024, and closing on Thursday, May 16, 2024. The price of this upcoming IPO is decided at Rs 125 to Rs 132 per share. The minimum lot size set for the retail category is 1000 shares. Meanwhile, the minimum lot size for the HNI category is two lots with 2000 shares. The minimum investment required for retail category investors is Rs 1,32,000 (132 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,64,000 (132 x 2000 shares). Indian Emulsifier IPO is a book-built issue of Rs 42.39 crores. This upcoming IPO is a fresh issue of 32.11 lakh equity shares. The offer-for-sale component is not available on this issue. The allotment for this new IPO is expected to be finalised on Friday, May 17, 2024. Indian Emulsifier IPO will be listed on NSE SME, and the listing date is fixed on Wednesday, May 22, 2024. The book-running lead manager of Indian Emulsifier IPO is Ekadrisht Capital Private Limited. The registrar for this IPO is Maashitla Securities Private Limited.

About Indian Emulsifier Limited Company Profile

Indian Emulsifier Limited was incorporated in December 2020 and is engaged in the manufacturing and supplying of specialty chemicals. The products of the company are Esters, Amphoteric, Phosphate Esters, Imidazolines, Wax emulsions, SMO and PIBSA Emulsifiers. The company supplies specialty chemicals to different types of Industries such as mining, textile, cleaning, PVC, personal care and food. Indian Emulsifiers operate a manufacturing plant located in Ratnagiri, Maharashtra. Their manufacturing facility has a production capacity of 4800 metric tons p.a which has increased from 2400 MT per annum by installing additional reactors. The plant is completely equipped with process control, research and development centre, quality control and application laboratories. The company has two warehouses one is in Raigad, Maharashtra and other one is in Ratnagiri Maharashtra. As per latest information available, the company had a team of 34 full-time employees serving the company.

Objectives of Indian Emulsifier IPO

The net funds received from this initial public offer will be used for funding the capital expenditure requirements of the company toward purchase of new plant and machinery, cost of civil work installation. Additionally to fund the day-to-day capital requirements of the company and for general corporate purposes.

Financials of Indian Emulsifier Limited (Amt in Rs Lakhs)

Indian Emulsifiers posted a revenue of Rs 4,870.16 lakhs and net profit of Rs 675.01 lakhs for the period ending on 31 Dec 2023. The company’s revenue increased by 132.9% and PAT increased by 8935.73% between the FY ending on March 31, 2023 and March 31, 2022. 

Other Important Details of Indian Emulsifier IPO

Time-Table of Indian Emulsifier IPO

Lot Size of Indian Emulsifier IPO

IPO Reservation of Indian Emulsifier Limited

Performance Indicator of Indian Emulsifier Limited IPO

EPS and P/E Ratio Post IPO

Promoters of Indian Emulsifier Limited and Their Holdings

The promoters of Indian Emulsifier company are Yash Tikekar.

Lead Manager(s) of Indian Emulsifier IPO

The lead manager for Indian Emulsifier IPO is Ekadrisht Capital Private Limited.

How do you apply for the Indian Emulsifier IPO?

Wait for the public issue to open for subscription, then click here to apply for the Indian Emulsifier Limited IPO with Bigul.

How do you check the allotment status of the Indian Emulsifier IPO?

The registrar for Indian Emulsifier IPO is Maashitla Securities Private Limited. To check your allotment status, please click here.

FAQs

1. What is the Indian Emulsifier IPO?

Indian Emulsifier IPO is a book-built issue of Rs 42.39 crores. This upcoming IPO is a fresh issue of 32.11 lakh equity shares. The offer-for-sale component is not available on this issue. The allotment for this new IPO is expected to be finalised on Friday, May 17, 2024.

2. Who are the lead managers for the Indian Emulsifier Limited IPO?

Ekadrisht Capital Private Limited is appointed as the lead manager for the IPO.

3. What is the role of Bigshare Services Private Limited in this IPO?

Maashitla Securities Private Limited is the registrar for Indian Emulsifier Limited, handling the IPO's administrative aspects.

4. How can I apply for the Indian Emulsifier IPO?

The public subscription of this new IPO will open on May 13, 2024. Click here to initiate the application process.

5. How will the net proceeds from the IPO be utilised?

The net funds received from this initial public offer will be used for funding the capital expenditure requirements of the company toward purchase of new plant and machinery, cost of civil work installation. Additionally to fund the day-to-day capital requirements of the company and for general corporate purposes.

6. How can I check the allotment status of the IPO?

Investors who applied can check the allotment status of the Indian Emulsifier Limited IPO by visiting here. For further updates follow Bigul.

7. What is the financial performance of Indian Emulsifier Limited?

Indian Emulsifiers posted a revenue of Rs 4,870.16 lakhs and net profit of Rs 675.01 lakhs for the period ending on 31 Dec 2023. The company’s revenue increased by 132.9% and PAT increased by 8935.73% between the FY ending on March 31, 2023 and March 31, 2022.