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Gem Aromatics IPO

  • Status: Closed
  • RHP:
  • ₹ 14,214 / 46 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    26 Aug 2025

  • Listing Price

    ₹325.00

  • Listing Change

    0.00%

  • Last Traded Price

    ₹144.32

Gem Aromatics IPO Details

  • Open Date

    19 Aug 2025

  • Close Date

    21 Aug 2025

  • Listing Date

    26 Aug 2025

  • IPO Price Range

    ₹ 309 to ₹325

  • IPO Size

    ₹ 451.25 Cr

  • Listing Exchange

    BSE NSE

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Timeline Financials SWOT FAQ Contacts

Gem Aromatics IPO Timeline

Gem Aromatics IPO Subscription Status

Last Updated: 29 September 2025 2:58 PM by 5paisa

Gem Aromatics Limited, with over 20 years of expertise, is set to launch a ₹451.25 crore IPO. The company manufactures speciality ingredients such as essential oils, aroma chemicals, and value-added derivatives, offering 70 products across four categories. Serving 225 domestic and 44 international customers in 18 countries, it caters to industries including oral care, cosmetics, nutraceuticals, pharmaceuticals, and wellness through direct B2B sales and global distribution channels.
 
Established in: 1997
Managing Director: Mr. Yash Vipul Parekh
 

Gem Aromatics Objectives

1. The company will use part of the proceeds to prepay or repay certain outstanding borrowings of the company and its subsidiary, Krystal Ingredients Private Limited.
2. The remaining funds will be allocated towards general corporate purposes.
 

Gem Aromatics IPO Size

Types Size
Total IPO Size ₹451.25 Cr
Offer for Sale ₹276.25 Cr
Fresh Issue ₹175.00 Cr

Gem Aromatics IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 46 14,214
Retail (Max) 13 598 184,782
S-HNI (Min) 14 644 198,996
S-HNI (Max) 66 3036 938,124
B-HNI (Min) 67 3082 952,338

Gem Aromatics IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 53.76 27,76,925 14,92,90,470 4,851.94
NII (HNI) 45.96 20,82,692 9,57,15,834 3,110.76
Retail 10.49 48,59,615 5,09,90,448 1,657.19
Total** 30.45 97,19,232 29,59,96,752 9,619.89

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 425.09 454.23 505.64
EBITDA 66.19 78.35 88.45
PAT 44.67 50.10 53.38
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 295.76 368.57 534.52
Share Capital 1.79 9.37 9.37
Total Borrowings 89.36 111.13 222.37
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 15.31 40.13 -24.92
Net Cash Generated From / (used in) investing activities -14.36 -51.05 -92.54
Net Cash Generated From / (used in) financing activities 6.44 15.36 102.64
Net Increase (Decrease) In Cash And Cash Equivalents 7.39 4.44 -14.82


Strengths

1. Leading specialty ingredients manufacturer in India.
2. Diverse product portfolio with strong R&D focus.
3. Long-term relationships with domestic and global clients.
4. Strategically located, sustainability-focused manufacturing facilities.
 

Weaknesses

1. High dependence on a few key customers.
2. Ongoing litigation over Budaun factory land.
3. Reliance on third-party suppliers and logistics.
4. Limited in-house raw material sourcing capacity.
 

Opportunities

1. Expanding demand for essential oils and aroma chemicals globally.
2. Potential to widen customer base across industries.
3. Scope for product innovation through R&D.
4. Increasing focus on sustainable and eco-friendly products.
 

Threats

1. Adverse litigation outcomes affecting operations.
2. Supply chain disruptions and raw material price volatility.
3. Rising competition in specialty ingredients market.
4. Regulatory changes in domestic and export markets.
 

1. Leading specialty ingredients manufacturer with strong domestic and international client base.
2. Positioned to capture growth in global aromatics market, including bio-based products.
3. Consistent revenue, EBITDA, and PAT growth supported by diversified product portfolio.
4. IPO proceeds to strengthen balance sheet, repay debt, and support growth initiatives.
 

1. Expansion in paints, coatings, fragrances drives demand across emerging and sustainable sectors.
2. Global aromatics market projected to grow from USD 123B to USD 190B by 2033 (CAGR ~5.5%).
3. Shift towards sustainable, bio-based aromatics creating strong long-term growth opportunities.
4. Gem Aromatics commands ~20% global carvone market share via strong production, wide distribution.
 

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FAQs

Gem Aromatics IPO opens from August 19, 2025 to August 21, 2025.

The size of Gem Aromatics IPO is ₹451.25 Cr.

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

To apply for Gem Aromatics IPO, follow the steps given below:
 
●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Gem Aromatics  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Gem Aromatics IPO is of 1 lot consisting of 46 shares and the investment required is ₹14,214.
 

The share allotment date of Gem Aromatics IPO is August 22, 2025

The Gem Aromatics IPO will likely be listed on August 26, 2025.

Motilal Oswal Investment Advisors Ltd. is the book running lead manager for Gem Aromatics IPO.

Gem Aromatics plans to utilise the raised capital from the IPO for:

  • The company will use part of the proceeds to prepay or repay certain outstanding borrowings of the company and its subsidiary, Krystal Ingredients Private Limited.
  • The remaining funds will be allocated towards general corporate purposes.