
Gem Aromatics
Mainboard₹14,950 / 46 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 21 Aug 2025,06:42:00 PM |
| QIBs | 55.28 |
| NII | Bids above ₹10L: 47.53 times Bids below ₹10L: 40.13 times NII Total: 45.06 |
| Retail | 10.31 times |
| Total | 30.27 times |
Gem Aromatics IPO Details
The Gem Aromatics IPO price band is set between ₹309-325 per equity share, with a face value of ₹2 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 19 Aug, 2025 and closes on 21 Aug, 2025. Investors can check the allotment status on 22 Aug, 2025, while the listing date is tentatively scheduled for 26 Aug, 2025.
The total issue size is Total 451.25 Cr :#Fresh Issue : 53,84,615 shares, aggregating up to ₹175.00 Cr. Stay tuned for the latest Gem Aromatics IPO review and GMP updates.
Gem Aromatics IPO Review, Rating & Analysis
Gem Aromatics IPO Review
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Gem Aromatics IPO Highlights
IPO Date
Aug 19, 2025 - Aug 21, 2025
Listing Date
26 Aug, 2025
Face Value
₹2 Per Equity Share
Price Band
₹309-325 per equity share
Lot Size
46 Shares
Fresh Issue
53,84,615 Shares
Offer for Sale
85,00,000 shares of ₹2
Listing At
BSE, NSE
Gem Aromatics IPO Lot Size
The minimum market lot for Gem Aromatics IPO is 46 shares with an application amount of ₹14,950. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,950 |
| Retail (Max) | 13 | 598 | ₹1,94,350 |
| S-HNI (Min) | 14 | 644 | ₹2,09,300 |
| S-HNI (Max) | 66 | 3036 | ₹9,86,700 |
| B-HNI (Min) | 67 | 3082 | ₹10,01,650 |
Gem Aromatics IPO Timeline
Issue Price
₹309-325 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Motilal Oswal Investment Advisors LimitedIssue 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)
Gem Aromatics IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 534.52 | 505.64 | 53.38 | 283.98 | 278.26 | 222.37 |
| 31 Mar 24 | 230.55 | 454.23 | 50.1 | 230.55 | 224.88 | 111.13 |
| 31 Mar 23 | 295.76 | 425.09 | 44.67 | 179.53 | 182.36 | 89.36 |
All values are in ₹ Cr.
Gem Aromatics IPO Valuations
EPS Pre IPO
₹11.39/-EPS Post IPO
₹10.22/-PE Pre IPO
28.52PE Post IPO
31.80ROE
18.80%ROCE
16.02%Debt Equity
0.78RoNW
18.80%PAT Margin
10.56%Price to Book Value
5.36Promoters & Share Holding
Promoter(s) Name
- Vipul Parekh
- Kaksha Vipul Parekh
- Yash Vipul Parekh
- Parekh Family Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 75.0% | 55.06% |
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.
Gem Aromatics IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 27,76,925 | 20,82,692 13,88,462 6,94,231 | 48,59,615 | 97,19,232 |
Day 1 -19-08-25 05:00 PM | 1.05 x | 0.88 0.67 x 1.29 x | 1.09 x | 1.03 x |
Day 2 -20-08-25 05:00 PM | 1.54 x | 3.95 2.90 x 6.05 x | 3.19 x | 2.90 x |
Day 3 -21-08-25 05:00 PM | 55.28 x | 45.05 47.53 x 40.09 x | 10.26 x | 30.25 x |
Retail:9.5x
BHNI:9.5x
SHNI:40.0x times
Company Contact Details
Gem Aromatics
A/410, Kailas Complex, Vikhroli Powai Link Road, Park Site, Vikhroli (W), Mumbai, Maharashtra, 400079Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: gem.ipo@motilaloswal.com
Frequently Asked Questions about Gem Aromatics IPO
When will Gem Aromatics IPO open for subscription?
The Gem Aromatics IPO opens on 19 Aug, 2025 and closes on 21 Aug, 2025.
What is the investors portion for Gem Aromatics IPO?
The investors' portion for QIB is 55.28 x, NII is 47.53 x, and Retail is 10.26 x.
How to apply for Gem Aromatics IPO?
You can apply for Gem Aromatics IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Gem Aromatics IPO?
The issue size of Gem Aromatics IPO is approx ₹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) crores.
What is the price band of Gem Aromatics IPO?
The price band for Gem Aromatics IPO is ₹309 to ₹325 per equity share.
What is the lot size of Gem Aromatics IPO?
The minimum bid (lot size) for Gem Aromatics IPO is N/A shares with an investment of approx ₹14,950 .
What is the allotment date of Gem Aromatics IPO?
The allotment date for Gem Aromatics IPO is 22 Aug, 2025.
What is the listing date of Gem Aromatics IPO?
The listing date for Gem Aromatics IPO is expected to be 26 Aug, 2025.
What is the GMP of Gem Aromatics IPO?
The latest Grey Market Premium (GMP) for Gem Aromatics IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
