Gem Aromatics IPO Subscription Status Day 3 – Subscribed 30.45 Times

Gem Aromatics Limited's initial public offering (IPO) has demonstrated strong investor interest through its third and final day of subscription, with Gem Aromatics' stock price set at ₹309-325 per share reflecting solid market reception. The ₹451.25 crore IPO reached 30.45 times by 5:04:40 PM on day three, indicating strong investor interest in this specialty ingredients manufacturing company incorporated in 1997.

Gem Aromatics IPO qualified institutional buyers (ex-anchor) segment leads with outstanding 53.76 times subscription, whilst non-institutional investors demonstrate outstanding participation at 45.96 times and retail investors show solid interest at 10.49 times, whilst anchor investors show complete participation at 1.00 times, reflecting strong investor confidence in this company.

Gem Aromatics IPO subscription reached strong 30.45 times on day three, led by Qualified Institutional Buyers Ex-Anchor (53.76x), Non-Institutional Investors (45.96x), and Retail Investors (10.49x). Total applications reached 10,59,134.

Subscription Status of Gem Aromatics IPO:

Here are the subscription details for Gem Aromatics IPO as of Day 3 (August 21, 2025, 5:04:40 PM):

Gem Aromatics IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached strong 30.45 times, a spectacular improvement from day two's 2.92 times.
• Qualified institutional buyers (ex-anchor) showing outstanding performance at 53.76 times, building dramatically from day two's 1.50 times.
• bNII category demonstrating outstanding participation at 48.48 times, building substantially from day two's 2.96 times.
• Non-institutional investors category displaying outstanding interest at 45.96 times, building substantially from day two's 4.03 times.
• sNII segment showing outstanding performance at 40.91 times, building substantially from day two's 6.17 times.
• Retail investors showing solid confidence at 10.49 times, building substantially from day two's 3.25 times.
• Total applications reached 10,59,134, indicating strong investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹9,619.89 crores against the issue size of ₹451.25 crores.

Gem Aromatics IPO - Day 2 Subscription at 2.92 Times

Key Highlights - Day 2:

• Overall subscription reached moderate 2.92 times, showing improvement from day one's 1.04 times.
• sNII segment showing good performance at 6.16 times, building substantially from day one's 1.32 times.
• Non-institutional investors category displaying good interest at 4.03 times, building notably from day one's 0.89 times.
• Retail investors showing moderate growth at 3.25 times, building substantially from day one's 1.10 times.
• bNII category demonstrating moderate participation at 2.96 times, building substantially from day one's 0.68 times.
• Qualified institutional buyers (ex-anchor) showing modest improvement at 1.50 times, building moderately from day one's 1.03 times.
• Total applications reached 3,07,268, indicating moderate investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹920.90 crores against the issue size of ₹451.25 crores.

Gem Aromatics IPO - Day 1 Subscription at 1.04 Times

Key Highlights - Day 1:

• Overall subscription reached modest 1.04 times, showing limited initial investor interest.
• sNII segment showing moderate performance at 1.32 times, indicating measured smaller HNI interest.
• Retail investors displaying modest confidence at 1.10 times, showing cautious retail sentiment.
• Qualified institutional buyers (ex-anchor) showing modest performance at 1.03 times, indicating measured institutional appetite.
• Non-institutional investors category showing limited interest at 0.89 times, demonstrating restrained HNI appetite.
• bNII category demonstrating limited performance at 0.68 times, showing cautious larger HNI interest.

About Gem Aromatics Limited

Incorporated in 1997, Gem Aromatics Limited is an Indian specialty ingredients manufacturing company engaged in producing essential oils, aroma chemicals and value-added derivatives, specializing in mint, clove, phenol and other synthetic and natural ingredients for oral care, cosmetics, nutraceuticals, pharmaceuticals and personal care industries with operations serving 225 domestic and 44 international customers across 18 countries.

The moderate Day 2 performance indicates gradual investor interest building in the company's specialty chemicals business, with the IPO requiring additional momentum on its final day of subscription on August 21, 2025, to achieve stronger subscription levels across all investor categories.