Indian Emulsifier Limited IPO

NSE SME

Listed On: May 22, 2024 at ₹ 430.0

₹ 132000 /1000 Shares

Check Allotment

Indian Emulsifier Limited IPO Details

13 May, 2024

Open Date

16 May, 2024

Close Date

17 May, 2024

Allotment Date

22 May, 2024

Listing Date

Issue Price

₹125-132 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

List Price

430.0

Listing Date

2024-05-22

Market Lot

1000 Shares (₹132,000/-)

Lead Manager

Ekadrisht Capital Private Limited

Issue Size

3,211,000 shares(aggregating up to ₹42.39 Cr)

Retail Portion

35%

Subscription

460.14 times

IPO Docs

DRHP RHP

The IPO of Indian Emulsifier Limited is priced at ₹125-132 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Maashitla Securities Private Limited is the registrar of the issue.

Indian Emulsifier Limited IPO bid opening date is from May 13, 2024 and the bid closing date was May 16, 2024.
Indian Emulsifier Limited IPO allotment result will be available on May 17, 2024. The tentative listing date for Indian Emulsifier Limited is May 22, 2024.

The total issue size is 3,211,000 shares(aggregating up to ₹42.39 Cr).

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

Total No. of Applications: 518,586 (Approx)

Indian Emulsifier Limited Valuations

EPS Pre IPO

₹4.32/-

EPS Post IPO

₹7.36/-

P/E Pre IPO

30.54

P/E Post IPO

17.93

ROE

25.61%

ROCE

38.03%

Debt/Equity

0.51

RoNW

25.60%

PAT Margin

13.87

Price to Book Value

4.51

Indian Emulsifier Limited Company Financials All values are in ₹ Lakh

	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

About The Company

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)

Pre Issue Share Holding: 65.25%

Post Issue Share Holding: 48.11%

Company Promoter(s)

Yash Tikekar

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

Other Details

Company Contact Details

Indian Emulsifier Limited

Shop 206, Foor-2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli Mumbai-400018

Phone: 022-4783 8021

Email: info@indianemulsifiers.com

Website: https://indianemulsifiers.com/

Registrar Contact Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

Indian Emulsifier Limited IPO - FAQs

Ans. Indian Emulsifier Limited IPO is a SME IPO. The issue is priced at ₹125-132 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 13, 2024, and closes on May 16, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Indian Emulsifier Limited IPO opens on May 13, 2024 and closes on May 16, 2024.

Ans. The size of Indian Emulsifier Limited IPO is 3,211,000 shares(aggregating up to ₹42.39 Cr).

Ans. The IPO price band is set between ₹125-132 per equity share.

Ans. To apply for Indian Emulsifier Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Indian Emulsifier Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Indian Emulsifier Limited IPO is May 17, 2024.

Ans. The Indian Emulsifier Limited IPO will be listed on May 22, 2024.

Ans. Follow the steps to check the allotment status for Indian Emulsifier Limited IPO here.