Gem Aromatics Limited IPO

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.