Indian Emulsifiers Ltd

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.

Open Demat Account

50years

Indian Emulsifiers Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
32.11 LTBA10.7 L58.8 LNSE₹ 42.39 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
13 May, 2416 May, 241000 ₹ 1,25,000 Book Building - SME22 May, 24

Indian Emulsifiers Ltd IPO Details

Indian Emulsifiers Ltd IPO Dates

  • 13 May 2024

    Opening date

  • 16 May 2024

    Closing date

  • 17 May 2024

    Basis of
    Allotment

  • 21 May 2024

    Initiation of
    Refunds

  • 21 May 2024

    Credit of
    Shares

  • 22 May 2024

    Listing date

Details

SectorType
SectorChemicals
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription Times
QIB0x
NII0x
Retail0x
Employee0x
Total0x

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Indian Emulsifiers Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations5.820.330.00
EBITDA7.000.540.00
PAT3.890.040.00
Total Assets21.529.270.60
Share Capital8.118.110.01
Total Borrowings20.2114.870.56
Operating Activities (Net Cash)5.070.250.00
Investing Activities (Net Cash)0.050.050.00
Financing Activities (Net Cash)20.2114.870.56
Net Cashflow0.030.030.04

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

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.

Peer Comparison:

  • Indian Emulsifiers Ltd
  • Fine Organic Industries Ltd
  • Fineotex Chemical Ltd

Indian Emulsifiers Ltd IPO 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.

Indian Emulsifiers Ltd IPO Key Points

  • 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.
  • 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.
  • 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 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.

Get your FAQs right

Indian Emulsifiers Ltd's IPO offers shares for up to ₹ 0 L It begins on May 13, 2024 and ends on May 16, 2024.

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

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

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.

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

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

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.'

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.

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.