Gem Aromatics Ltd IPO
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Gem Aromatics Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 138.85 L | ₹ 85 L | TBA | ₹ 351.39 L | BSE | ₹ 451.25 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 19 Aug, 25 | 21 Aug, 25 | 46 | ₹ 14,214 | Book Building | 26 Aug, 25 |
Gem Aromatics Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Chemicals |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 13884615 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Gem Aromatics Ltd Financial Status
Income Statement
Balance Sheet
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 IPO 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.
- 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.
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.
