Latest news with #GemAromatics
Mint
3 days ago
- Business
- Mint
Gem Aromatics IPO: Business overview, financials, key risks— 10 key things to know from RHP
Gem Aromatics IPO: The initial public offering (IPO) of Gem Aromatics, a manufacturer of speciality ingredients such as essential oils, aroma chemicals, and value-added derivatives, will open for public subscription on Tuesday, August 19, and will remain open until Thursday, August 21. The mainboard IPO is a combination of a fresh issue of 54 lakh shares and an offer for sale (OFS) of 85 lakh shares. The price band of the IPO has been fixed at ₹ 309 to ₹ 325 per share. From the fresh issue of shares, the company aims to raise ₹ 175 crore, which it will use to prepay or repay certain outstanding borrowings and for general corporate purposes. The company will not receive any proceeds from the OFS portion. Motilal Oswal Investment Advisors is the book-running lead manager, while KFin Technologies is the registrar for Gem Aromatics IPO. After the subscription window closes, the company is likely to finalise share allotment on Friday, August 22. Successful bidders may have the shares credited to their demat accounts on the next working day, i.e., Monday, August 25, while those who do not receive an allotment will get a refund on the same day. Let's take a look at 10 key things to know from the Red Herring Prospectus (RHP) of the Gem Aromatics IPO: Among the promoter selling shareholders, Vipul Parekh is selling 32,34,727 shares of the company at the face value of ₹ 2 each, while Kaksha Vipul Parekh is offloading 15,48,873 shares. Yash Vipul Parekh is selling 15,91,400 shares. dōTERRA Enterprises, Sàrl is the investor selling shareholder, selling 21,25,000 shares in the OFS. The company has four promoters: Vipul Parekh, Kaksha Vipul Parekh, Yash Vipul Parekh, and Parekh Family Trust. They aggregately hold 35,139,364 shares, equivalent to 75 per cent of the pre-offer issued, subscribed, and paid-up share capital of the company. As per the RHP, the company's board comprises eight directors, of whom five are independent directors, including two women independent directors. Vipul Parekh, 64, is the chairman and whole-time director of the company. Kaksha Vipul Parekh, 59, is the whole-time director and chief financial officer. Yash Vipul Parekh, 38, is the managing director (MD) and chief executive officer (CEO) of Gem Aromatics. As per the RH, Gem Aromatics is an Indian manufacturer of specialty ingredients, including essential oils, aroma chemicals, and value-added derivatives, with over 20 years of experience. Its wide range of products — from base ingredients to advanced derivatives — is used in industries such as oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care. The company's revenue from operations and profit have seen gradual improvement over the last few financial years. According to the RHP, in FY23, the company earned a revenue of ₹ 424.8 crore, which rose to 452.45 crore in FY24 and ₹ 504 crore in FY25. Profit in FY23 was ₹ 44.67 crore, which increased to ₹ 50.10 crore in FY24 and to ₹ 53.38 crore in FY25. Krystal Ingredients Private Limited is a subsidiary of Gem Aromatics. On the other hand, dōTERRA Global Limited and dōTERRA International LLC are the group companies. Clean Science and Technology, Privi Speciality Chemicals, Camlin Fine Sciences, Yasho Industries, S H Kelkar and Company, and Oriental Aromatics are some of the major peers of the company. Gem Aromatics highlighted in its RHP that the global chemicals market is valued at around $5,800 billion in 2025, which is expected to grow at a 4.4 per cent CAGR, reaching $7,200 billion by 2030. India accounts for nearly 4.5 per cent market share in the global chemicals market. The company said the APAC is anticipated to grow at the fastest rate during the forecast period (2024 - 29F). The chemical markets in Europe & North America are relatively mature and hence would record comparatively slower growth. The company derives a significant portion of its revenue from its top 10 customers. "In fiscal 2025, we derived 56.06 per cent 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," said the company. The company said in the RHP that the impact of the India-Pakistan conflict, Russia-Ukraine war, the Israel-Hamas war, and the Iran-Israel conflict on the global economy, energy supplies and raw materials is uncertain, but may prove to negatively impact its business and operations. Read all IPO-related news here Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
India Today
4 days ago
- Business
- India Today
5 IPOs to open for bidding next week: Which is best based on GMP?
Next week will see five companies opening their initial public offerings (IPOs) for include Patel Retail, Vikram Solar, Gem Aromatics, Shreeji Shipping Global and Mangal Electrical. Together, they are looking to raise Rs 3,584.09 crore from the market. Most of these IPOs will open between August 19 and August 21, RETAIL IPOPatel Retail's IPO is worth Rs 242.76 crore. It includes a fresh issue of 0.85 crore shares worth Rs 217.21 crore and an offer for sale of 10 lakh shares worth Rs 25.55 crore. The price band is set at Rs 237 to Rs 255 per share. The IPO will open on August 19 and close on August 21, with allotment expected on August 22. Listing is planned for August 26 on both BSE and minimum lot size for retail investors is 58 shares, costing Rs 13,746. For small non-institutional investors (sNII), the minimum is 14 lots (812 shares) at Rs 2,07,060, and for big non-institutional investors (bNII), 68 lots (3,944 shares) at Rs 10,05, last reported grey market premium (GMP) was Rs 34, giving an estimated listing price of Rs 289 and an expected gain of 13.33% from the upper price SOLAR IPOVikram Solar is launching an IPO worth Rs 2,079.37 crore, including a fresh issue of 4.52 crore shares worth Rs 1,500 crore and an offer for sale of 1.75 crore shares worth Rs 579.37 price band is Rs 315 to Rs 332 per share. The subscription window is from August 19 to August 21, with allotment on August 22 and listing on August investors can apply for a minimum lot of 45 shares costing Rs 14,175. sNII need at least 14 lots (630 shares) worth Rs 2,09,160, while bNII need 67 lots (3,015 shares) worth Rs 10,00, latest GMP stood at Rs 66, suggesting an estimated listing price of Rs 398 and a possible gain of 19.88%.GEM AROMATICS IPOGem Aromatics' IPO totals Rs 451.25 crore, with a fresh issue of 54 lakh shares worth Rs 175 crore and an offer for sale of 85 lakh shares worth Rs 276.25 crore. The price band is Rs 309 to Rs 325 per share. The issue will open on August 19 and close on August 21, with allotment on August 22 and listing on August investors can apply for 46 shares costing Rs 14,214. sNII can apply for 14 lots (644 shares) at Rs 2,09,300, and bNII for 67 lots (3,082 shares) at Rs 10,01, GMP for Gem Aromatics has not yet SHIPPING GLOBAL IPOShreeji Shipping Global will raise Rs 410.71 crore through a fresh issue of 1.63 crore shares. The price band is Rs 240 to Rs 252 per share. The subscription period is from August 19 to August 21, allotment is on August 22, and listing is planned for August investors can apply for 58 shares costing Rs 13,920. sNII need 14 lots (812 shares) worth Rs 2,04,624, while bNII require 69 lots (4,002 shares) worth Rs 10,08, last GMP was Rs 29, giving an estimated listing price of Rs 281 and a likely gain of 11.51%.MANGAL ELECTRICAL IPOMangal Electrical aims to raise Rs 400 crore through a fresh issue of 71 lakh shares. The price band is Rs 533 to Rs 561 per share. The IPO will open on August 20 and close on August 22, with allotment on August 25 and listing on August minimum lot for retail investors is 26 shares costing Rs 13,858. sNII need 14 lots (364 shares) worth Rs 2,04,204, while bNII need 69 lots (1,794 shares) worth Rs 10,06, GMP for this IPO has not yet IPO LOOKS BEST BASED ON GMP?Among the five, Vikram Solar shows the highest estimated gain based on current GMP, at 19.88%, followed by Patel Retail at 13.33% and Shreeji Shipping Global at 11.51%. Gem Aromatics and Mangal Electrical have no GMP data market experts caution that GMP is only an informal indicator and actual listing prices can differ. Investors should review company fundamentals, financial health and business outlook before making a The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- Ends
&w=3840&q=100)
Business Standard
4 days ago
- Business
- Business Standard
IPO Calendar: 5 mainline, 2 SME issues to keep investors busy next week
IPO Calendar: Primary market investors will remain in action next week as well, with the launch of seven initial public offerings (IPOs) and the listing of seven companies on the stock exchanges. In the mainboard segment, Vikram Solar, Shreeji Shipping, Gem Aromatics, Patel Retail and Mangal Electrical Industries will open for public subscription during the week. The SME segment will also witness the launch of two new public issues. In addition, Bluestone Jewellery and Regaal Resources, along with five SME companies, are scheduled to make their D-Street debut next week. Here's a detailed look at IPO activity for next week: Vikram Solar IPO The maiden public issue of Vikram Solar will be the biggest IPO that will open for subscription next week. Vikram Solar aims to raise ₹2,09.37 crore through a combination of fresh issue of 45.2 million equity shares aggregating to ₹1,500 crore and offer for sale (OFS) of 17.5 million shares aggregating to ₹579.37 crore. Vikram Solar IPO will open for public subscription on Tuesday, August 19, 2025, and close on Thursday, August 21, 2025. The basis of allotment of shares is likely to be finalised on August 22, 2025. Vikram Solar shares will be listed on the exchanges tentatively on August 26, 2025. The company has set the price band in the range of ₹315-332. The minimum lot size for the application is 45 shares. MUFG Intime India is the registrar of the issue. JM Financial, Nuvama Wealth Management, UBS Securities, Equirus Capital, and PhillipCapital (India) are the book-running lead managers. Shreeji Shipping Global IPO The initial public offering (IPO) of Shreeji Shipping Global will open for bidding on August 19 and close on August 21. The company plans to raise ₹410.71 crore through a fresh issue of 16.3 million shares. There is no offer for sale (OFS) component. The price band is set in the range of ₹240 to ₹252 per share, and the lot size for an application is 58 shares. The basis of allotment of shares is expected to be finalised on August 22. The company will be listed on the exchanges, NSE and BSE, on August 26. Bigshare Services is the registrar for the issue. Beeline Capital Advisors and Elara Capital (India) are the book-running lead managers. Gem Aromatics IPO The public offering of Gem Aromatics is set to open for subscription on Tuesday, August 19, 2025, and close on Thursday, August 21, 2025. Gem Aromatics IPO is a book-built issue of ₹451 crore, comprising a fresh issue of 5.4 million equity shares and an offer for sale (OFS) of 8.5 million shares. The price band is set at ₹309-325 per share, and the lot size is 46 shares. A retail investor can bid for a minimum of 46 shares, requiring a minimum investment of ₹14,950. The basis of allotment is expected to be finalised on Friday, August 22, 2025, and the shares are scheduled to be listed on bourses, tentatively on Tuesday, August 26, 2025. Patel Retail IPO Patel Retail IPO is a combination of fresh issue of 8.5 million equity shares and an offer for sale of 1 million equity shares. The mainline offering will open for public subscription on August 19 and close on August 21. The allotment of shares is expected to be finalised on August 22. The company will make its debut on the bourses tentatively on August 26. The company has set the price band in the range of ₹237 to ₹255. Bigshare Services is the issue registrar. Fedex Securities is the sole book-running lead manager. Mangal Electrical Industries IPO Mangal Electrical IPO is scheduled to open for subscription on Wednesday, August 20, 2025, and close on Friday, August 22, 2025. The ₹400 crore offering comprises a fresh issue of 7.1 million equity shares. Mangal Electrical IPO will be available for subscription at a price band of ₹533 to ₹561 per share, and a lot size of 26 shares. Accordingly, a retail investor would require a minimum investment amount of ₹14,586. Bigshare Services is the registrar of the issue. Systematix Corporate Services is the sole book-running lead manager. In the SME segment, Studio LSD and LGT Business Connextions will open for subscription during the week. IPO listings next week In the mainboard segment, Bluestone Jewellery will make its debut on the exchanges on August 19, followed by Regaal Resources on August 20. In the SME segment, Spunweb Nonwoven will be listed on the NSE SME platform on July 22. On the BSE SME platform, Monica Alcobev will make its debut on July 23. In the SME segment, Medistep Healthcare and ANB Medical Cast will make their debut on the NSE SME platform on Monday, August 18. On the BSE SME platform, Star Imaging & Path Lab and Icodex Publishing Solutions will also list on August 18 and August 19, respectively. Mahendra Realtors & Infrastructure will list on the NSE SME platform on Wednesday, August 20.
Economic Times
5 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)
Time of India
5 days ago
- Business
- Time of India
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. About Gem Aromatics IPO 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. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Great Freedom Offer | The Epitome of Luxury Living in Mohali | JLPL Falcon View JLPL Falcon View Mohali Book Now Undo 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. About Gem Aromatics 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. Live Events 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 . Gem Aromatics operates three manufacturing facilities located in Budaun in Uttar Pradesh , Silvassa, Dadra and Nagar Haveli and Daman and Diu and Dahej, Gujarat. Gem Aromatics financials 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. Motilal Oswal Investment Advisors Limited is the sole book-running lead manager, and KFin Technologies Limited is the registrar to the Offer. Gem Aromatics IPO timeline 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. Gem Aromatics IPO GMP The GMP or grey market premium for Gem Aromatics IPO has not started yet.
