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Home
InvestmentsIPOGem Aromatics IPO

Gem Aromatics IPO

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Open Date

19 Aug 2025

Close Date

21 Aug 2025

Min Investment

₹ 14,214

Max Investment

₹ 5,00,000

Lot Size

46

Issue Size

₹ 451.25 Cr

Price Range

₹ 309 - ₹ 325
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
19 Aug 2025
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IPO Offer Ends
21 Aug 2025
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Allotment Finalisation
22 Aug 2025
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Refund Initialisation
25 Aug 2025
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Non-Institutional Buyers (sHNI)
25 Aug 2025
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Listing of Shares
26 Aug 2025
IPO Subscription Details as on 13 Dec 2025, 09:53 AM
Qualified Instituational Buyers (QiB)
55.28 x
Retail
10.05 x
Non-Institutional Buyer (bHNI)
47.53 x
Non-Institutional Buyer (sHNI)
39.97 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company is an established manufacturer of specialty ingredients, including essential oils and aroma chemicals. It has a wide product range with continuous product development and R&D capabilities. The company has long-standing relationships with well-established customers in India and globally. It operates strategically located Manufacturing Facilities with a focus on sustainability. The company aims to expand its manufacturing capacities for existing and new products, widen its product offerings by expanding chemistry capabilities, and expand its geographical reach through growing exports.
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Founded In

1997

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CEO

-

Financials of Gem Aromatics IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue42,479.3045,245.2050,395.30
Other Income30.00177.30168.70
Total Income
42,509.3045,422.5050,564.00
Total Expenses
36,900.4038,663.1043,092.50
Profit Before Tax5,608.906,759.407,471.50
Total Profit
4,467.205,010.405,338.40

All figures are in lakhs (₹)

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Utilisation of Proceeds

All figures are in lakhs (₹)

PurposeAmount
To prepay and/or repay, in full or in part, all or a portion of certain outstanding borrowings availed by the Company and its Subsidiary, Krystal Ingredients Private Limited. This is expected to reduce outstanding indebtedness, debt servicing costs, improve debt to equity ratio, and enable utilization of internal accruals for further business growth and expansion.14,000
To fund general corporate purposes, which may include strategic initiatives, funding growth opportunities, strengthening marketing capabilities, meeting ongoing general corporate contingencies, meeting expenses incurred in the ordinary course of business, and any other purpose as approved by the Board, subject to compliance with applicable law.-
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  • Established manufacturer of specialty ingredients in India: The company is an established manufacturer of specialty ingredients, including essential oils, aroma chemicals and Value-Added Derivatives in India with a track record of over two decades. It has a dominant presence in essential oil-based products and derivatives manufactured from mint, clove, eucalyptus oils and other essential oils in India.
  • Wide product range with R&D capabilities: The company offers a wide and differentiated product category of 70 products across four product categories. It has in-house R&D capabilities that contribute to product innovation, launches and quality. The R&D team focuses on developing new formulations and product/process improvements.
  • Long-standing relationships with established customers: The company has established long-standing relationships with several well-known Indian and global customers in the FMCG and flavors & fragrances industries. It has served 451 customers in the last three fiscal years, including marquee domestic and global customers.
  • Strategically located manufacturing facilities: The company operates three strategically located manufacturing facilities in Uttar Pradesh, Dadra and Nagar Haveli and Daman and Diu, and Gujarat. The facilities are located near raw material sources or ports to optimize logistics. The facilities have a total installed capacity of 5,346 MTPA as of March 31, 2025.
  • Experienced management team: The company is led by experienced Promoters and Directors with over two decades of experience in the specialty ingredients industry. It also has a qualified senior management team with extensive industry experience, positioning the company well to capitalize on future growth opportunities.

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