Gem Aromatics IPO August 21: GMP, Subscription & Listing Update
IPO Details:
Price Band: ₹309–₹325 per share
Lot Size: 46 shares
Minimum Investment: ₹14,214 for retail investors
Total Fundraising: ₹451.25 crore
Fresh issue: 53.84 lakh shares worth ₹175 crore
Offer-for-sale (OFS): 85 lakh shares worth ₹276.25 crore
Listing: BSE & NSE
Allotment Date: August 22, 2025
Listing Date: August 26, 2025
Subscription Status (as of August 20):
Total: 2.90 times
Retail Investors: 3.19 times
NIIs: 3.95 times
QIBs: 1.54 times
Grey Market Premium (GMP):
Today's GMP: ₹26 per share
Shares trade at ₹351 in the grey market, a 8% premium over the IPO price.
This shows strong investor interest in Gem Aromatics shares.
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