Gem Aromatics Ltd IPO

Gem Aromatics Ltd IPO

We are an established manufacturer of specialty ingredients, including, essential oils, aroma chemicals and Value-Added Derivatives in India with a track record of over two decades. We offer a diversified portfolio of products, ranging from the Mother Ingredients to its various Value-Added Derivatives. Our products find application across a broad spectrum of industries, such as, oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness and pain management and personal care. Our track record, diverse product portfolio and brand recall has helped us establish several leadership positions within our product portfolio.

Gem Aromatics Ltd IPO Details

Total Shares Offered

₹ 1,38,84,615

Offer to Public

85,00,000

Retail Max (Shares)

₹ 48,59,615

Pre Issue Promoters Holding

₹ 3,51,39,379

Exchange

BSE

Issue size

₹ 451.25 Cr

IPO Open Date

Aug 19, 2025

Close Date

Aug 21, 2025

Lot Size

46

Min Investment

₹ 14,214

Issue Type

Book Building

Listing Date

Aug 26, 2025

Gem Aromatics Ltd IPO Dates

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Aug 19, 2025
Opening date
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Aug 21, 2025
Closing date
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Aug 22, 2025
Basis of Allotment
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Aug 25, 2025
Initiation of Refunds
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Aug 25, 2025
Credit of Shares
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Aug 26, 2025
Listing date

Details

SectorType
SectorChemicals
Sub SectorNA
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Gem Aromatics Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations503.95452.45TBA
EBITDA90.5878.90TBA
PAT56.8549.46TBA
Total Assets316.14271.79TBA
Share Capital9.379.37TBA
Total Borrowings164.48127.94TBA
Operating Activities (Net Cash)63.5055.59TBA
Investing Activities (Net Cash)-4.37-0.63TBA
Financing Activities (Net Cash)164.48127.94TBA
Net Cashflow0.6016.18TBA

About Gem Aromatics Ltd

Our Company was originally incorporated as `Gem Aromatics Private Limited' as a private limited company under the Companies Act, 1956, pursuant to certificate of incorporation dated October 3, 1997, issued by the Registrar of Companies, Mumbai at Maharashtra (RoC). Upon the conversion of our Company into a public limited company pursuant to a Board resolution dated July 13, 2023 and a Shareholders' resolution dated July 14, 2023, the name of our Company was changed to, `Gem Aromatics Limited', and a fresh certificate of incorporation dated August 17, 2023, was issued by the RoC.

India's chemical industry is one of the most diversified globally, and the specialty chemicals segment represents a significant growth area. With the global shift towards sustainability, technological advancements, and changing market dynamics, India is uniquely positioned to capitalize on these opportunities. Indian chemicals sector is set for rapid growth, with specialty chemicals expected to be the most lucrative segment. India attracts investment as companies diversify away from China. Chemical industry revenue has been growing at an average rate of 15% in the last 5 years. The Indian chemicals sector stands out as one of the most rapidly advancing industries globally.

We are an established manufacturer of specialty ingredients, including, essential oils, aroma chemicals and Value-Added Derivatives in India with a track record of over two decades. We offer a diversified portfolio of products, ranging from the Mother Ingredients to its various Value-Added Derivatives. Our products find application across a broad spectrum of industries, such as, oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness and pain management and personal care. Our track record, diverse product portfolio and brand recall has helped us establish several leadership positions within our product portfolio.

Peer Comparison:

  • Gem Aromatics Limited
  • Clean Science and Technology Limited
  • Privi Speciality Chemicals Limited
  • Camlin Fine Sciences Limited
  • Yasho Industries Limited
  • S H Kelkar and Company Limited
  • Oriental Aromatics Limited

Gem Aromatics Ltd Key Points

Strengths

Established manufacturer of specialty ingredients, including, essential oils, aroma chemicals and Value-Added Derivatives in India.

Wide product range with continuous product development and R&D capabilities.

Long standing relationship with well-established customers in India and globally.

Strategically located Manufacturing Facilities with focus on sustainability.

Experienced Promoters and management team.

Risk

We derive a significant portion of our revenue from our top 10 customers. In Fiscal 2025, we derived 56.06% of our total revenue from operations from our top 10 customers. The loss of any of these customers may adversely affect our revenues and profitability.

The company derives a significant portion of its revenue from its top customer doTERRA Global Limited (formerly known as doTERRA GH Ireland Limited) (doTERRA) with whom the company has entered into a supply agreement, the term of which is ending on December 31, 2028. If doTERRA chooses not to source their requirements from it, there may be a material adverse effect on it business, financial condition, cash flows and results of operations.

We derive a substantial portion of our revenue from the mint and mint derivatives product category. In Fiscal 2025, 2024 and 2023, we derived 69.12%, 72.89% and 69.98% of our revenue from operations from the mint and mint derivatives product category. Any reduction in demand for products under the mint and mint derivatives product category may adversely affect our revenues and profitability.

Strategy

Expansion of manufacturing capacities for existing and new products.

Widen our product offerings by expanding our chemistry capabilities in order to expand our addressable market size and capture higher client wallet share.

Continuing focus on sustainability and reducing operating costs and improving operational and business efficiency.

Expanding our geographical reach through growing exports.

How To Apply for Gem Aromatics Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Gem Aromatics Ltd IPO?

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Gem Aromatics Ltd's IPO offers shares for up to 175 It begins on Aug 19, 2025 and ends on Aug 21, 2025.

What is the price of the Gem Aromatics Ltd IPO?

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The price of Gem Aromatics Ltd IPO ranges between ₹309 to ₹325 per share.

What are the open and close dates for the Gem Aromatics Ltd IPO?

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The Gem Aromatics Ltd IPO opens on Aug 19, 2025 and closes on Aug 21, 2025.

When will the Gem Aromatics Ltd IPO be allotted?

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The allotment for the Gem Aromatics Ltd IPO will be finalised on Aug 22, 2025. The shares will be listed on BSE and NSE on Aug 26, 2025.

What is the minimum lot size required for Gem Aromatics Ltd IPO?

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The minimum lot size for Gem Aromatics Ltd IPO is 46 shares, priced between ₹309 to ₹325 per share.

What is the GMP of Gem Aromatics Ltd IPO?

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The GMP (Grey Market Premium) of Gem Aromatics Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Gem Aromatics Ltd IPO?

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To check the allotment status of Gem Aromatics Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Gem Aromatics Ltd IPO getting listed?

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The Gem Aromatics Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 19, 2025, and closes on Aug 21, 2025. The allotment is finalised on Aug 22, 2025.

How do you apply for the Gem Aromatics Ltd IPO?

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To apply for the Gem Aromatics Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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