Indian Emulsifier Limited IPO
Indian Emulsifier Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹125–₹132 per share. The stock debuted at ₹430, delivering a listing gain of 225.8%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,32,000.
Indian Emulsifier Limited IPO
- IPO Dates
- May 13, 2024 – May 16, 2024
- Price band
- ₹125-132 per equity share
- Minimum Investment
- ₹1,32,000
- Issue size
- ₹42.39 Cr
- Lot size
- 1000
- Allotment Date
- May 17, 2024
- Listing
- May 22, 2024
- Listing At
- NSE SME
IPO timeline
-
May 13, 2024
Open Date
Completed
-
May 16, 2024
Close Date
Completed
-
May 17, 2024
Allotment Date
Completed
-
May 22, 2024
Listing Date
Completed
Indian Emulsifier Limited IPO Essentials
Indian Emulsifier Limited IPO Details
Indian Emulsifier Limited IPO is priced at ₹125-132 per share with a total issue size of 42.39 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹125-132 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,211,000 shares(aggregating up to ₹42.39 Cr)
- Total issue size
- 32,11,000 shares
(aggregating up to ₹42.39 crore) - Fresh issue
- 32,11,000 shares
(aggregating up to ₹42.39 crore) - Listing at
- NSE SME
- List price
- 430.0
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Ekadrisht Capital Private Limited
Market Lot Size
Investors can bid for a minimum of 1000 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 | 1000 | ₹1,32,000 |
| Retail(max) | 1 | 1000 | ₹1,32,000 |
| NII (min) | 2 | 2,000 | ₹2,64,000 |
Indian Emulsifier Limited IPO Reservation
Indian Emulsifier Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,211,000 shares, approximately 19% are reserved for QIB, 14.33% for NII, 33.32% for retail investors, 5.01% for market maker, and 28.34% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 910,000 (28.34%) | |
| Market Maker Shares Offered | 161,000 (5.01%) | |
| QIB Shares Offered | 610,000 (19%) | |
| NII (HNI) Shares Offered | 460,000 (14.33%) | |
| Retail Shares Offered | 1,070,000 (33.32%) | |
| Total Shares Offered | 3,211,000 (100%) |
Indian Emulsifier Limited IPO Analytics
Indian Emulsifier Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Indian Emulsifier Limited IPO Subscription Status
Indian Emulsifier Limited 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 | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 610,000 / 460,000 | 1,070,000 | 2,140,000 |
|
Day 1
13-05-24 06:00 PM
|
(0.04 / 7.10) x | 15.10 x | 9.09 x |
|
Day 2
14-05-24 06:00 PM
|
(0.14 / 29.06) x | 63.18 x | 37.88 x |
|
Day 3
15-05-24 06:00 PM
|
(0.47 / 96.92) x | 176.93 x | 109.43 x |
|
Day 4
16-05-24 06:00 PM
|
(175.95 / 779.98) x | 484.66 x | 460.14 x |
Indian Emulsifier Limited Valuations
Earnings
- EPS Pre IPO
- ₹4.32/-
- EPS Post IPO
- ₹7.36/-
- P/E Pre IPO
- 30.54
- P/E Post IPO
- 17.93
Returns
- ROE
- 25.61%
- ROCE
- 38.03%
- RoNW
- 25.60%
- PAT Margin
- 13.87
Fundamentals
- Debt / Equity
- 0.51
- Price / Book
- 4.51
Indian Emulsifier Limited Financials( In Lakhs)
| 31-Dec-23 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 6,176.63 | 3,432.26 | 1,910.22 |
| Revenue | 4,870.16 | 4,118.35 | 1,768.31 |
| Profit After Tax | 675.01 | 389.44 | 4.31 |
| Net Worth | 2,636.35 | 1,204.35 | 814.94 |
| Reserves & Surplus | 1,735.22 | 393.34 | 3.93 |
| Total Borrowing | 2,244.45 | 2,030.44 | 1,068.54 |
Indian Emulsifier Limited Company & Offer Insights
About Indian Emulsifier Limited
Incorporated in December 2020, Indian Emulsifier Limited is a manufacturer and supplier of Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers.
The product line of the company includes the following:
Esters
Amphoteric
Phosphate esters
Imidazolines
Wax emulsions
SMO & PIBSA Emulsifiers
The Company supplies specialty chemicals to a wide range of industries, including Mining, Textile, Cleaning, PVC/Rubber, Personal Care, Food, and others.Indian Emulsifier Limited offers over 40 speciality chemicals and intermediates for various industries like mining, textile, cleaning, PVC/rubber, personal care, and food.
The Company is an ISO 9001:2015 certified company.The company runs a manufacturing plant in Ratnagiri, Maharashtra. The plant has the capacity to produce 4,800 metric tons per annum, and this has been enhanced from 2,400 MT per annum with the addition of more reactors. The company has process control, an innovative R&D center, quality control, and application laboratories in the plant.
The company has two warehouses one is located in Raigad, Maharashtra, and the other is in Ratnagiri Maharashtra.
As of December 31, 2023, the company had a full-time staff of 34 key managerial personnel.
Indian Emulsifier Limited Promoter(s)
Yash Tikekar are the company's promoters of Indian Emulsifier Limited.
Indian Emulsifier Limited IPO Issue Objectives
- •
- Funding of capital expenditure requirements of the Company towards Plant & Machinery, Civil work and installation cost thereon
- •
- Funding Working Capital Requirements of our Company
- •
- General corporate purposes
Indian Emulsifier Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Indian Emulsifier Limited | 6.48 | N/A | 14.85 | N/A | 32.34 | 8.89 | Standalone |
| Fine Organic Industries Ltd | 192.63 | N/A | 99.29 | 22.84 | 38.8 | 44.32 | Standalone |
| Fineotex Chemical Ltd. | 4.7 | N/A | 24.34 | 79.57 | 19.3 | 15.37 | Standalone |
Notes:
- CMP is the closing prices or the last traded price of respective scripts as on February 09, 2024.
- P/E Ratio has been computed based on their respective closing market price on February 09, 2024 as divided by the Basic EPS as on March 31, 2023.
- Return on Net Worth (%) = Profit for the period/year / Net Worth at the end of the period/year.
- The Issue Price determined by our Company in consultation with the Book Running Lead Manager is justified by our Company in consultation with the Lead Manager based on the above parameters.
Contact Information
Contact Details
Indian Emulsifier Limited
022-4783 8021
https://indianemulsifiers.com/
Shop 206, Foor-2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli Mumbai-400018
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Indian Emulsifier Limited IPO is a book-built IPO worth ₹42.39 crore. The price band is ₹125–₹132 per share. The IPO opens on May 13, 2024 and closes on May 16, 2024. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The price band of Indian Emulsifier Limited IPO is ₹125 to ₹132 per share.
The lot size of Indian Emulsifier Limited IPO is 1000 shares.
The minimum investment for Indian Emulsifier Limited IPO is approximately ₹1,32,000 based on the upper price band .
Indian Emulsifier Limited IPO opens on May 13, 2024 and closes on May 16, 2024.
The allotment date of Indian Emulsifier Limited IPO is May 17, 2024.
Indian Emulsifier Limited IPO is expected to be listed on May 22, 2024, on NSE SME Platform.
Indian Emulsifier Limited IPO valuation snapshot: P/E 17.93, EPS ₹7.36/-, P/B 4.51, RoNW 25.60%, and market cap N/A.
To apply for Indian Emulsifier Limited 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 Indian Emulsifier Limited 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 Indian Emulsifier Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Indian Emulsifier Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Indian Emulsifier Limited IPO allotment status on IPO Ji for quick and easy access.