Categories: Business

Gem Aromatics IPO Day 3: 30.27x Subscription, Was This Fragrant Bet Worth Your Investment?

Gem Aromatics Limited IPO Day 2 was open for public subscription on August 19, 2025. The IPO will close for the subscription on August, 21 2025, with allotments expecting on August 22, 2025. Gem Aromatics Limited is a Mumbai based company incorporated on October 1997. The company is into the business of manufacturing in the specialty ingredients sector.

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Published by Ankur Mishra
Published: August 21, 2025 22:20:08 IST

Gem Aromatics Limited IPO Day 3 was subscribed 30.27 times till August 21, 2025. The IPO will opened for subscription on August 19, 2025, with allotments expecting on August 22, 2025. 

Gem Aromatics Limited: IPO Details at a Glance

•    IPO Opening Date: August 19, 2025
•    IPO Closing Date: August 21, 2025
•    Issue Type: 100% Book Building
•    Total Issue Size: ₹451 crore 
o    Fresh Issue: ₹175 crore
o    Offer for Sale (OFS): Up to 8,500,000 
•    Price Band Range: ₹309 – ₹325 
•    •    Lot Size: 46 shares 
•    Retail Investors (Minimum): ₹14,950
•    Retail Investors (Maximum): ₹1,94,350 
•    Listing At: BSE and NSE 
•    Registrar: KFin Technologies Limited 
•    Book Running Lead Manager: Motilal Oswal Investment Advisors Limited 
•    Sponsor Banks: Axis Bank Limited and ICICI Bank Limited 

Gem Aromatics Limited: Bidding, Allotment, and Refund

•    Anchor Investor Bidding: August 18, 2025 
•    Finalisation of Basis of Allotment: August 22, 2025 
•    Refund Initiation & Credit to Demat: August 25, 2025 
•    Listing Date: August 26, 2025 on BSE & NSE 

Gem Aromatics Limited: Consolidated Subscription Details

•    Total Consolidated Bids: 30.27 times
•    Retail Individual Investors (RII): 10.31 times
•    Qualified Institutional Buyers (QIB): 55.28 times
•    Non-institutional Investors (NII): 45.06 times
(Data: August 21, 2025 | 22:12)

Gem Aromatics Limited: Company Overview

Gem Aromatics Limited is a Mumbai based company incorporated on October 1997. The company is into the business of manufacturing in the specialty ingredients sector.

The company produces essential oils, aroma chemicals, and value-added derivatives. Company’s clients are from oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, and personal care industries. The product portfolio of Gem Aromatics Limited consists of 70 items across mint derivatives, clove derivatives, phenol, and other synthetics and natural ingredients. 

The company functions three manufacturing locations in Uttar Pradesh, Dadra & Nagar Haveli, and Gujarat. The company also runs a Research & Development facility in Maharashtra. Notably, it holds the status of a “Three Star Export House” under the Government of India.

(Disclaimer: The above article is only for the purpose of information. It does not constitute financial guidance in any form(s). Investors here are suggested to carefully review the prospectus and refer to a registered financial advisor or certified investment professional before they finalise any investment. Similarly, past performances are not an indication of future outcomes. Investments are subject to market risks.)

Also Read: Patel Retail IPO Closes With 95.7x Subscription: Did You Miss The Big Run?

Published by Ankur Mishra
Published: August 21, 2025 22:20:08 IST
Tags: ipo

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