
✓
Open
19 Aug 2025
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Close
21 Aug 2025
3
Allotment
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Listing
Tue, Aug 26, 2025
Price Band
₹309 to ₹325
Issue Size
1,38,84,615 shares (agg. up to ₹451 Cr)
Lot Size
46 Shares
Listing Date
Tue, Aug 26, 2025
Latest GMP
₹33
Est. Gain
10.15%
✦ AI Insight
GMP Trend
26-08-2025₹33Est. ₹358+10.15%
25-08-2025₹33Est. ₹358+10.15%
24-08-2025₹28Est. ₹353+8.62%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 21.55x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 534.52 | 368.57 | 295.76 |
| Total Income | 505.64 | 454.23 | 425.09 |
| Profit After Tax | 53.38 | 50.10 | 44.67 |
| EBITDA | 88.45 | 78.35 | 66.19 |
| NET Worth | 283.98 | 230.55 | 179.53 |
| Reserves and Surplus | 278.26 | 224.88 | 182.36 |
| Total Borrowing | 222.37 | 111.13 | 89.36 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹81.20 (-4.97%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
| Patel Chem Specialities Ltd. | SME | ₹58.80 Cr | ₹84 | 14.21 | ₹104.50 | +24.40% | ₹93.90 (-0.27%) |
| Sacheerome Ltd. | SME | ₹61.62 Cr | ₹102 | 10.42 | ₹160.55 | +57.40% | ₹435.90 (-0.91%) |
| Technichem Organics Ltd. | SME | ₹25.25 Cr | ₹55 | 14.81 | ₹60.11 | +9.29% | ₹47.00 (+0.97%) |
| Indian Phosphate Ltd. | SME | ₹67.36 Cr | ₹99 | 14.88 | ₹178.70 | +80.51% | ₹54.10 (-3.39%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company and Subsidiary, Krystal Ingredients Pvt.Ltd. | 140.00 |
| 2 | General Corporate Purposes | 22.86 |
| 3 | Issue Expenses | 31.27 |
| Total | 194.14 |
About Gem Aromatics IPO
Incorporated in October 1997, Gem Aromatics Limited manufactures speciality ingredients, including essential oils, aroma chemicals, and Value-Added Derivatives in India, with over two decades of experience. The company offers various products, from Mother Ingredients to Value-Added Derivatives. The company's products are used in oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care. The company provides a total of seventy products, categorized into four distinct groups, which include: Mint and its derivatives;; Clove and its derivatives; Phenol; and Other synthetic and natural ingredients. In Fiscal 2025, the company serves 225 customers and 44 international customers across 18 countries, including the Americas, Asia, Africa, and Australia. The company sells products directly to customers on a business-to-business basis, with export sales through methods including (i) direct sales, (ii) sales via its subsidiary, Gem Aromatics LLC, in the USA, and (iii) sales through third-party agencies. As of Mar 31, 2025, the company had an in-house R&D team of 13 scientists who pivotally implemented state-of-the-art technology that advanced our formu
Contact Details
Gem Aromatics Ltd. AddressA/410, Kailas Complex, Vikhroli Powai LinkRoad, Park SiteVikhroli (W)Mumbai, Maharashtra, 400079+91 22 25185231secretarial@gemaromatics.inVisit Website