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Gem Aromatics IPO: Company sets price band at Rs 309-325 per share. Check issue timeline, GMP, other details
Gem Aromatics IPO: Company sets price band at Rs 309-325 per share. Check issue timeline, GMP, other details

Economic Times

time6 days ago

  • Business
  • Economic Times

Gem Aromatics IPO: Company sets price band at Rs 309-325 per share. Check issue timeline, GMP, other details

Gem Aromatics Limited, whose initial public offering (IPO) will open for subscription on Tuesday, August 19, has fixed the price band at Rs 309-325 per equity share. The Rs 451 crore IPO is a mix of fresh issue of shares up to Rs 175 crore and an offer for sale (OFS) up to 85 lakh equity shares where promoters and investors are selling shareholders. ADVERTISEMENT The three-day IPO will end on August 21 and investors can bid for a minimum of 46 equity shares and in multiples of 46 equity shares thereafter. The offer is being made through the book-building process, where up to 50% of the net offer will be available for allocation to the qualified institutional buyers (QIBs), up to 15% for non-institutional investors (NIIs) and up to 35% for retail individual bidders. Gem Aromatics is a manufacturer of specialty ingredients, including essential oils, aroma chemicals and value-added derivatives in India with a track record of over two decades. It offers a diversified portfolio of products, ranging from the mother ingredients to its various Value-Added Derivatives. Its products find application across a broad spectrum of industries, such as, oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness and pain management and personal care. Citing F&S report, the company's Red Herring Prospectus (RHP) claimed that in FY25, it is one of the largest procurers of piperita oil and one of the largest processors of DMO, Clove oil, Eugenol and Eucalyptus Oil in terms of volume manufactured. Its has business relationships with several domestic and global corporate customers such as, Colgate-Palmolive (India) Limited, Dabur India Limited, Patanjali Ayurved Limited, SH Kelkar and Company Limited and Rossari Biotech. ADVERTISEMENT Gem Aromatics operates three manufacturing facilities located in Budaun in Uttar Pradesh , Silvassa, Dadra and Nagar Haveli and Daman and Diu and Dahej, Gujarat. Unlock 500+ Stock Recos on App Gem Aromatics' revenue from operations increased by 11.38% to Rs 503.95 crore in fiscal 2025 from Rs 452.45 crore in fiscal 2024, primarily due to an increase in sale of products, other operating revenues. Profit for the year increased by 6.55% to Rs 53.38 crore for fiscal 2025 from Rs 50.10 crore for fiscal 2024. ADVERTISEMENT Motilal Oswal Investment Advisors Limited is the sole book-running lead manager, and KFin Technologies Limited is the registrar to the allotment of shares is expected on August 22, Friday while initiation of funds and credit of shares in the demat accounts on August 25. The listing is likely to happen on Tuesday, August 26. ADVERTISEMENT The GMP or grey market premium for Gem Aromatics IPO has not started yet. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

Here's what will happen if you drink clove water every night for 2 weeks straight
Here's what will happen if you drink clove water every night for 2 weeks straight

Indian Express

time01-07-2025

  • Health
  • Indian Express

Here's what will happen if you drink clove water every night for 2 weeks straight

Clove water has been gaining popularity as a natural remedy to address a range of issues, from indigestion to poor immunity. This simple infusion, made by soaking cloves in water, is often praised for its potential benefits due to the active compounds in cloves, such as eugenol. But what really happens if you drink clove water every night for two weeks? In an Instagram video, content creator Dr Eric Berg highlights, 'Clove is loaded with something called Eugenol, which can act as a natural sedative to help you drift off into a wonderful sleep.' A post shared by Dr. Berg (@drericberg) Kanikka Malhotra, consultant dietician and certified diabetes educator, tells 'Drinking clove water nightly for two weeks can provide several health benefits. It supports digestive health by stimulating digestive enzymes, reducing bloating, and promoting a healthy gut. Rich in antioxidants, clove water enhances immunity, helping the body fight infections and seasonal illnesses.' It may also aid in weight management by boosting metabolism and regulating blood sugar levels, which helps control cravings. Additionally, clove water offers respiratory benefits as it acts as a natural expectorant, clearing mucus and soothing coughs. Overall, incorporating clove water into your nightly routine can promote improved digestion, immunity, and overall well-being, states Malhotra. While clove water offers health benefits, there are potential side effects to consider with regular consumption over two weeks. 'Some individuals may experience allergic reactions, such as itching or difficulty breathing. Clove can lower blood sugar levels, which may pose a risk for those on diabetes medications, potentially leading to hypoglycemia.' Additionally, the eugenol in cloves may increase bleeding risk, especially for individuals taking blood thinners. Excessive intake could also strain liver health over time. It's important to consume clove water in moderation and consult a qualified clinical dietician if you have underlying health conditions or are on medications,' Malhotra stresses. Clove water can interact with various dietary habits and health conditions, necessitating caution for some individuals. 'Those with diabetes should monitor their blood sugar closely, as cloves may lower levels and potentially lead to hypoglycemia, especially when combined with diabetes medications. Individuals on anticoagulant medications, like warfarin, should avoid clove water due to its blood-thinning properties, which can increase the risk of bleeding,' says Malhotra. DISCLAIMER: This article is based on information from the public domain and/or the experts we spoke to. Always consult your health practitioner before starting any routine.

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