Gem Aromatics Limited IPO

Gem Aromatics Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹309 - ₹325

Total Issue

₹451.25 Cr

Bid Dates

19 Aug - 21 Aug

Subscription

30.27x

Est. GMP

₹28 (8.62%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Gem Aromatics Limited is a leading Indian manufacturer of specialty ingredients, including essential oils, aroma chemicals, and value-added derivatives, with over two decades of experience. Its diversified portfolio spans from mother ingredients to advanced derivatives, serving industries such as oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care. Strong market presence, brand recognition, and product range have secured leadership in several categories.

Lot Info

Lot Information for Gem Aromatics IPO
Category 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 3,036 ₹9,86,700
B-HNI (Min) 67 3,082 ₹10,01,650

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00

Issue Size

Total ₹451.25 Cr
Fresh Issue
₹175.00 Cr (0.54 Cr Shares)
Offer For Sale
₹276.25 Cr (0.85 Cr Shares)

Objects of Issue

  1. Prepayment in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary
  2. General corporate purposes

Grey Market Premium

GMP ₹28
Est. Price ₹353
Est. Gain 8.62%

Gem Aromatics IPO Peer Comparison

(Rs. in crores)

Gem Aromatics IPO Peer Comparison Table
Particulars Gem Aromatics Clean Science Privi Speciality Camlin Fine Sciences Yasho Industries S H Kelkar Oriental Aromatics
Revenue from Ops (in Crs.) 503.95 966.64 2,101.19 1,666.53 668.50 2,123.40 928.26
PAT (In Crs.) 53.38 264.41 184.75 -158.12 6.11 73.01 34.33
EPS - Basic 11.39 24.88 47.87 -8.03 5.32 5.40 10.20
NAV per share 60.61 133.29 282.47 46.23 348.09 90.66 196.20
RONW 18.80% 18.67% 16.95% -16.01% 1.46% 5.83% 5.20%
EBITDA 17.55% 40.10% 21.58% 11.93% 16.38% 11.07% 10.06%
PAT Margin 10.56% 26.30% 8.71% -9.41% 0.90% 3.40% 3.69%
Price to earning (PE) 28.53 57.33 50.51 NA 374.92 42.33 36.97
Net Debt to Equity 0.78 -0.01 0.97 0.55 1.31 0.52 0.51
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 11, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Gem Aromatics IPO
Particulars Mar-25 Mar-24 Mar-23 Mar-22
Revenue from Operations 503.95 452.45 424.79 314.33
Profit after Tax 53.38 50.10 44.67 31.19
Net Worth 283.98 230.55 179.53 138.16
Total Borrowing 222.37 111.13 89.36 76.92
Total Assets 534.52 368.57 295.76 239.68
NAV per share (in ₹) 60.61 49.21 38.32 29.49
EPS - Basic (in ₹) 11.39 10.69 9.53 6.66

KPIs

EBITDA

17.55%

PAT

10.56%

ROE

18.80%

ROCE

16.02%

Net Debt to Equity

0.78

PE Ratio

28.53

PB Ratio

5.36

Mkt Cap (in Crs.)

1,697.71

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

75.00%

Public

25.00%

Vipul Parekh 26.58%
Parekh Family Trust 22.62%
Yash Vipul Parekh 13.07%
Kaksha Vipul Parekh 12.73%

Management

Vipul Parekh Chairman
Yash Vipul Parekh MD & CEO
Kaksha Vipul Parekh CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Lead Managers (1)

Motilal Oswal Investment Motilal Oswal Investment

Subscription Status

Updated as on 21-Aug-2025 19:00:00

Mainboard Subscription Status for Gem Aromatics IPO
Category Sub (x) Offered Bids
QIB 53.76 27,76,925 14,92,90,470
NII 45.96 20,82,692 9,57,30,186
bHNI 48.48 13,88,462 6,73,12,950
sHNI 40.93 6,94,231 2,84,17,236
Retail 10.51 48,59,615 5,10,94,546
Total 30.47 97,19,233 29,61,15,202

Frequently Asked Questions

What is Gem Aromatics IPO?
Gem Aromatics IPO is a Mainboard IPO having an issue size of ₹451.25 Crs. Gem Aromatics IPO is priced at ₹309 - ₹325 per share. The issue opens on 19 Aug 25 and closes on 21 Aug 25.
When will Gem Aromatics IPO open?
Gem Aromatics IPO opens on 19 Aug 25 and closes on 21 Aug 25.
What is the GMP of Gem Aromatics IPO?
The estimated Grey Market Premium of Gem Aromatics IPO is ₹28 per share (8.62%).
What is the lot size of Gem Aromatics IPO?
The minimum lot size of Gem Aromatics IPO is 46 shares & the minimum application amount is Rs. 14950.
When is the allotment of Gem Aromatics IPO?
The allotment date of Gem Aromatics IPO is 22 Aug 25.
What is the listing date of Gem Aromatics IPO?
The listing date of Gem Aromatics IPO is 26 Aug 25.
What is the subscription of Gem Aromatics IPO?
Gem Aromatics IPO is subscribed 30.27 times.
What is the price band of Gem Aromatics IPO?
Gem Aromatics IPO is priced at ₹309 - ₹325 per share.
How to check allotment status of Gem Aromatics IPO?
Click the allotment link on Gem Aromatics IPO page of IPO360.
How to apply Gem Aromatics IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Gem Aromatics IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Gem Aromatics IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Gem Aromatics IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date