Indian Emulsifiers Ltd IPO

Indian Emulsifiers Ltd IPO

The Company was incorporated with the objective of Manufacturing and Supplying of Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The Company has its manufacturing plant at Plot No. E-10 MIDC, Lote Parshuram, Tal. Khed, Ratnagiri 415 722, Maharashtra, India since inception. The facility has a production capacity of 4,800 metric tons per annum as on March 31, 2023 and 3,600 MT per annum for the period ended December 31, 2023, equipped with process control, innovative R&D centre, Quality Control and Application Laboratories. and its Registered office at Shop 206, Floor 2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai 400 018, Maharashtra, India. The Company was formed with a vision to become a pioneer specialty chemicals manufacturer. The Company got ISO Certified in the year 2021 as ISO 9001:2015. We are manufacturing the Specialty chemicals industry, with a focus on Esters, Phosphate Esters, Imidazolines, Succinimides, Sulfosuccinates, Specialty Emulsifiers and formulated products. Our Company serve specialty chemicals to wide range of industries such as Mining, Textile, Cleaning Industry, PVC (Poly Vinyl Chloride)/ Rubber, Personal Care, Food and Other Industries.

Indian Emulsifiers Ltd IPO Details

Total Shares Offered

₹ 32,11,000

Offer to Public

TBA

Retail Max (Shares)

₹ 10,70,000

Pre Issue Promoters Holding

₹ 58,80,050

Exchange

NSE

Issue size

₹ 42.39 Cr

IPO Open Date

May 13, 2024

Close Date

May 16, 2024

Lot Size

1000

Min Investment

₹ 1,25,000

Issue Type

Book Building - SME

Listing Date

May 22, 2024

Indian Emulsifiers Ltd IPO Dates

check-icon
May 13, 2024
Opening date
check-icon
May 16, 2024
Closing date
check-icon
May 17, 2024
Basis of Allotment
check-icon
May 21, 2024
Initiation of Refunds
check-icon
May 21, 2024
Credit of Shares
check-icon
May 22, 2024
Listing date

Details

SectorType
SectorChemicals
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Indian Emulsifiers Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations101.2366.685.82
EBITDA20.8714.207.00
PAT13.308.823.89
Total Assets76.1243.0621.52
Share Capital12.229.018.11
Total Borrowings32.8720.4720.21
Operating Activities (Net Cash)15.5310.515.07
Investing Activities (Net Cash)-21.38-2.760.05
Financing Activities (Net Cash)32.8720.4720.21
Net Cashflow0.070.090.03

About Indian Emulsifiers Ltd

Indian Emulsifiers Limited was originally incorporated on December 05, 2020, as a Private Limited Company under the name and style of Indian Emulsifiers Private Limited under the provisions of Companies Act, 2013 with the Registrar of Companies, Mumbai, Maharashtra bearing Registration No.351364. Thereafter, the Company was converted from Private Limited to Public Limited and the name of the Company was changed from Indian Emulsifiers Private Limited to Indian Emulsifiers Limited vide fresh Certificate of Incorporation dated January 05, 2024 issued by the Registrar of Companies Mumbai, Maharashtra. The Corporate Identification Number of the Company is U46691MH2020PLC351364.

The anticipated global real GDP growth for 2023 has been revised slightly upward to 3.2% from our November projections, indicating a modest 0.1% increase. As we approach the finalization of 2023 data with the release of Q4 numbers in February, the current trajectory of growth has notably outpaced earlier estimations. Comparing the current outlook to projections made a year ago, there has been a substantial rise of one full percentage point in our global growth forecast. This surprising uplift primarily stems from the exceptional performance of the United States, which has exceeded expectations. Additionally, several emerging market economies, notably India, have displayed remarkable momentum, contributing to this unexpected positive trend. Our projection for global real GDP growth in 2024 has seen a marginal increase of 0.1%, now standing at 2.6%. The Global Purchasing Managers Indices have indicated a concerning trend, showcasing a mild contraction in global industrial activity over the past eighteen months. Furthermore, the more erratic global services activity stalled notably in October and November.

The Company was incorporated with the objective of Manufacturing and Supplying of Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The Company has its manufacturing plant at Plot No. E-10 MIDC, Lote Parshuram, Tal. Khed, Ratnagiri 415 722, Maharashtra, India since inception. The facility has a production capacity of 4,800 metric tons per annum as on March 31, 2023 and 3,600 MT per annum for the period ended December 31, 2023, equipped with process control, innovative R&D centre, Quality Control and Application Laboratories. and its Registered office at Shop 206, Floor 2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai 400 018, Maharashtra, India. The Company was formed with a vision to become a pioneer specialty chemicals manufacturer. The Company got ISO Certified in the year 2021 as ISO 9001:2015. We are manufacturing the Specialty chemicals industry, with a focus on Esters, Phosphate Esters, Imidazolines, Succinimides, Sulfosuccinates, Specialty Emulsifiers and formulated products. Our Company serve specialty chemicals to wide range of industries such as Mining, Textile, Cleaning Industry, PVC (Poly Vinyl Chloride)/ Rubber, Personal Care, Food and Other Industries.

Peer Comparison:

  • Fine Organic Industries Ltd
  • Fineotex Chemical Ltd

Indian Emulsifiers Ltd Key Points

Strengths

Experienced Promoter and Management Team.

Scalable Business Model.

Wide and diverse range of product offerings.

In-house manufacturing facility with equipped machines and processes. Further having in-house Quality Control and Research & Development facility.

Risk

The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

Its reliance on certain industries for a significant portion of the company sales could have an adverse effect on its business.

The property used by the Company for the purpose of its operations and storage is not owned by it. Any termination of the relevant lease agreement or rent agreement in connection with such property or its failure to renew the same could adversely affect the company's operations.

Strategy

Expand its existing product portfolio.

Expand its existing manufacturing capacities to capitalise on industry opportunities.

Increasing Operational efficiency.

Continue to focus on contract manufacturing / exclusive manufacturing by developing innovative processes and value engineering.

Continue to focus on innovation and grow its business across customer segments.

How To Apply for Indian Emulsifiers 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 Indian Emulsifiers Ltd IPO?

close
Indian Emulsifiers Ltd's IPO offers shares for up to 42.39 It begins on May 13, 2024 and ends on May 16, 2024.

What is the price of the Indian Emulsifiers Ltd IPO?

close
The price of Indian Emulsifiers Ltd IPO ranges between ₹125 to ₹132 per share.

What are the open and close dates for the Indian Emulsifiers Ltd IPO?

close
The Indian Emulsifiers Ltd IPO opens on May 13, 2024 and closes on May 16, 2024.

When will the Indian Emulsifiers Ltd IPO be allotted?

close
The allotment for the Indian Emulsifiers Ltd IPO will be finalised on May 17, 2024. The shares will be listed on BSE and NSE on May 22, 2024.

What is the minimum lot size required for Indian Emulsifiers Ltd IPO?

close
The minimum lot size for Indian Emulsifiers Ltd IPO is 1000 shares, priced between ₹125 to ₹132 per share.

What is the GMP of Indian Emulsifiers Ltd IPO?

close
The GMP (Grey Market Premium) of Indian Emulsifiers Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Indian Emulsifiers Ltd IPO?

close
To check the allotment status of Indian Emulsifiers 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 Indian Emulsifiers Ltd IPO getting listed?

close
The Indian Emulsifiers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 13, 2024, and closes on May 16, 2024. The allotment is finalised on May 17, 2024.

How do you apply for the Indian Emulsifiers Ltd IPO?

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

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions