Gem Aromatics IPO

Gem Aromatics IPO is listed on BSE and NSE, priced at ₹309–₹325 per share. The stock debuted at ₹333.1, delivering a listing gain of 2.5%. The IPO had a lot size of ₹46 shares and a minimum investment of ₹14,950.

Gem Aromatics Limited IPO

Mainboard Listed
₹14,950 (46 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 19, 2025 – Aug 21, 2025
Price band
₹309-325 per equity share
Minimum Investment
₹14,950
Issue size
₹451.25 Cr
Lot size
46
Allotment Date
Aug 22, 2025
Listing
Aug 26, 2025
Listing At
BSE, NSE

IPO timeline

  1. Aug 19, 2025

    Open Date

    Completed

  2. Aug 21, 2025

    Close Date

    Completed

  3. Aug 22, 2025

    Allotment Date

    Completed

  4. Aug 26, 2025

    Listing Date

    Completed

Price Summary

Last closing
154.39 (-52.5%)
52 week high
349.60
52 week low
133.00
Last update

Gem Aromatics IPO Subscription Details

View Subscription Details
QIB 55.28x
Retail 10.31x
NIIs 45.06x
bHNI 47.53x
sHNI 40.13x
Retail 10.31x
Total 30.27x

Gem Aromatics IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Gem Aromatics IPO Essentials

Gem Aromatics IPO Details

Gem Aromatics IPO is priced at ₹309-325 per share with a total issue size of 451.25 crore. The IPO has a lot size of 46 shares and is listed on BSE and NSE.

Issue price
₹309-325 per equity share
Lot size
46 shares
Face value
₹2 Per Equity Share
Issue 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)
Total issue size
1,38,84,615 shares
(aggregating up to ₹451.25 crore)
Fresh issue
53,84,615 shares
(aggregating up to ₹175 crore)
Offer for sale (OFS)
85,00,000 shares
(aggregating up to ₹276.25 crore)
Listing at
BSE, NSE
List price
333.1(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Motilal Oswal Investment Advisors Limited

Market Lot Size

Investors can bid for a minimum of 46 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 46 ₹14,950
Retail(max) 13 598 ₹1,94,350
sHNI(min) 14 644 ₹2,09,300
sHNI(max) 66 3,036 ₹9,86,700
sHNI(min) 67 3,082 ₹10,01,650

Gem Aromatics IPO Documents

Gem Aromatics IPO Reservation

Gem Aromatics IPO reservation details show category-wise allocation of shares. Out of the total 1,38,84,615 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 41,65,383 (30%)
QIB Shares Offered 27,76,925 (20%)
NII (HNI) Shares Offered 20,82,692 (15%)
bHNI > ₹10L 13,88,462 (10%) 2,155
sHNI < ₹10L 6,94,231 (5%) 1,077
Retail Shares Offered 48,59,615 (35%) 1,05,643
Employee Shares Offered NA (NA%)
Total Shares Offered 1,38,84,615 (100%)

Gem Aromatics IPO Analytics

Gem Aromatics IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Gem Aromatics IPO Subscription Status

Gem Aromatics IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
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
0.88x
0.67x
1.29x
1.09 x 1.03 x
Day 2 20-08-25 05:00 PM
1.54 x
3.95x
2.90x
6.05x
3.19 x 2.90 x
Day 3 21-08-25 05:00 PM
55.28 x
45.05x
47.53x
40.09x
10.26 x 30.25 x
Total No. of Applications
bHNI sHNI Retail
10,58,256 (Approx) 9.5x 40x 9.5x

Gem Aromatics Valuations

Earnings

EPS Pre IPO
₹11.39/-
EPS Post IPO
₹10.22/-
P/E Pre IPO
28.52
P/E Post IPO
31.80

Returns

ROE
18.80%
ROCE
16.02%
RoNW
18.80%
PAT Margin
10.56%

Fundamentals

Debt / Equity
0.78
Price / Book
5.36

Data sourced from DRHP / RHP • For educational purposes only

Gem Aromatics Financials( In Crs.)

31-Mar-25 31-Mar-24 31-Mar-23
Assets 534.52 230.55 295.76
Revenue 505.64 454.23 425.09
Profit After Tax 53.38 50.1 44.67
Net Worth 283.98 230.55 179.53
Reserves & Surplus 278.26 224.88 182.36
Total Borrowing 222.37 111.13 89.36

Gem Aromatics Company & Offer Insights

About Gem Aromatics

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 Promoter(s)

Vipul Parekh, Kaksha Vipul Parekh, Yash Vipul Parekh, Parekh Family Trust are the company's promoters of Gem Aromatics.

Gem Aromatics IPO Issue Objectives

Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and its Subsidiary, Krystal Ingredients Private Limited
General corporate purposes.

Gem Aromatics IPO - Anchor Investors

Gem Aromatics raises Rs 135.4 crore through anchor book before IPO.

Citigroup Global, Societe Generale, Goldman Sachs, Nippon India, SageOne, Nuvama, and Niveshaay Sambhav Fund were part of 13 institutional investors who took part in the anchor book.

Gem Aromatics IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Gem Aromatic 5.36 31.8 18.8% 505
Clean Science 8.97 44.0 21.9% 925
Privi Speciality 8.58 44.9 18.1% 2196
Camlin Fine 4.25 101 -15.9% 1715
Yasho Industries 5.0 173 1.71% 696
S H Kelkar 2.43 23.8 7.68% 2234
Oriental Aromatics 1.66 46.3 5.31% 938

Contact Information

Contact Details

Gem Aromatics

+91 22 25185231

secretarial@gemaromatics.in

http://www.gemaromatics.com/

A/410, Kailas Complex, Vikhroli Powai Link Road, Park Site, Vikhroli (W), Mumbai, Maharashtra, 400079

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

gem.ipo@motilaloswal.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Gem Aromatics IPO is a book-built IPO worth ₹451.25 crore. The price band is ₹309–₹325 per share. The IPO opens on Aug 19, 2025 and closes on Aug 21, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of Gem Aromatics IPO is ₹309 to ₹325 per share.

The lot size of Gem Aromatics IPO is 46 shares.

The minimum investment for Gem Aromatics IPO is approximately ₹14,950 based on the upper price band .

Gem Aromatics IPO opens on Aug 19, 2025 and closes on Aug 21, 2025.

The allotment date of Gem Aromatics IPO is Aug 22, 2025.

Gem Aromatics IPO is expected to be listed on Aug 26, 2025, on BSE and NSE .

Gem Aromatics IPO listed on Aug 26, 2025. It was issued at ₹333.1(NSE) and is currently around ₹154.39 as on 14-May-2026 3:30 PM, which is approximately -52.5% versus issue price. The 52-week high is ₹349.60.

Based on listing and post-listing performance, Gem Aromatics IPO delivered around -52.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Gem Aromatics IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Gem Aromatics IPO valuation snapshot: P/E 31.80, EPS ₹10.22/-, P/B 5.36, RoNW 18.80%, and market cap N/A.

To apply for Gem Aromatics IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Gem Aromatics IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Gem Aromatics IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Gem Aromatics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Gem Aromatics IPO allotment status on IPO Ji for quick and easy access.