Objective of the Issue
The Net Proceeds of the Fresh Issue are proposed to be utilised towards funding of the following objects:
- Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary, Krystal Ingredients Private Limited.
- General corporate purposes.
IPO Details, Price, Market Lot
| IPO Details | |
| IPO Open Date | 19 August 2025 |
| IPO Close Date | 21 August 2025 |
| IPO Issue Size | 1,38,84,615 shares (Aggregating up to ₹451.25 Cr) |
| Fresh Issue | 53,84,615 shares (Aggregating up to ₹175.00 Cr) |
| Offer for Sale | 85,00,000 shares (Aggregating up to ₹276.25 Cr) |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | NSE, BSE |
| IPO Price | |
| Face Value | ₹2 per share |
| IPO Price Band | ₹309 to ₹325 per share |
| IPO Issue Type | Book Built Issue |
| Time Table (Tentative) | |
| IPO Open Date | 19 August 2025 |
| IPO Close Date | 21 August 2025 |
| Basis of Allotment Date | 22 August 2025 |
| Initiation of Refunds | 25 August 2025 |
| Credit of Share to Demat Account | 25 August 2025 |
| IPO Listing Date | 26 August 2025 |
| Company Promotor & Promotor’s Holding | |
| Parekh Family Trust, Kaksha Vipul Parekh, Vipul Parekh and Yash Vipul Parekh are the company’s promoter. | |
| Pre Issue Promotor Holding | 75.00% |
| Post Issue Promotor Holding | 55.06% |
| Company’s Contact & Address | |
| Gem Aromatics Ltd A/410, Kailas Complex, Vikhroli Powai Link Road, Park Site, Vikhroli (W) Mumbai, Maharashtra, 400079 Phone: +91 22 25185231 Email: secretarial@gemaromatics.in Website: http://www.gemaromatics.com/ |
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| IPO Registrar, Lead Manager, Prospectus | |
| IPO Prospectus | |
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| IPO Registrar | |
| Kfin Technologies Ltd | |
| IPO Lead Manager | |
| Motilal Oswal Investment Advisors Ltd | |
Gem Aromatics IPO Lot Size
| Number of Shares Per Lot = 46 shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Minimum) | 1 | 46 | ₹14,950 |
| Retail (Maximum) | 13 | 598 | ₹1,94,350 |
| S-HNI (Minimum) | 14 | 644 | ₹2,09,300 |
| S-HNI (Maximum) | 66 | 3,036 | ₹9,86,700 |
| B-HNI (Minimum) | 67 | 3,082 | ₹10,01,650 |
| Number of Shares Per Lot = 46 shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Min) | 1 | ₹14,950 | |
| Retail (Max) | 13 | ₹1,94,350 | |
| S-HNI (Min) | 14 | ₹2,09,300 | |
| S-HNI (Max) | 66 | ₹9,86,700 | |
| B-HNI (Min) | 67 | ₹10,01,650 | |
Financial Report
| Period Ended | Assets (₹ in Crore) |
Revenue (₹ in Crore) |
P A T (₹ in Crore) |
Net Worth (₹ in Crore) |
Borrowings (₹ in Crore) |
| 31 March 2025 | 534.52 | 505.64 | 53.38 | 283.98 | 222.37 |
| 31 March 2024 | 368.57 | 454.23 | 50.10 | 230.55 | 111.13 |
| 31 March 2023 | 295.76 | 425.09 | 44.67 | 179.53 | 89.36 |
| Period Ended | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| Assets | 534.52 | 368.57 | 295.76 |
| Revenue | 505.64 | 454.23 | 425.09 |
| P A T | 53.38 | 50.10 | 44.67 |
| Net Worth | 283.98 | 230.55 | 179.53 |
| Borrowings | 222.37 | 111.13 | 89.36 |
| Amount in ₹ Crore | |||