Gem Aromatics
MAINBOARD
Listed
Price Band
₹309 - ₹325
Lot Size
46 Shares
Issue Size
₹175.00 Cr
Fresh Issue
₹122.50 Cr
OFS
₹52.50 Cr
Registrar
KFin Technologies Limited
AI Sentiment Score
Listing Price
₹333.00
vs Issue: ₹325 (+2.46%)
📅 IPO Timeline
✓
Open
Aug 19, 2025
✓
Close
Aug 21, 2025
✓
Allotment
Aug 22, 2025
✓
Refund
Aug 25, 2025
✓
Demat
Aug 25, 2025
✓
Listing
Aug 26, 2025
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Gem Aromatics displays an established operational footprint with expanding revenue streams (-4.9% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (-4.9% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 3.43%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 425.00 Cr | Rs 452.00 Cr | Rs 504.00 Cr | Rs 366.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 45.00 Cr | Rs 50.00 Cr | Rs 53.00 Cr | Rs 1.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 66.00 Cr | Rs 78.00 Cr | Rs 88.00 Cr | Rs 41.00 Cr |
| Borrowings (₹ Cr) | Rs 90.00 Cr | Rs 112.00 Cr | Rs 227.00 Cr | Rs 152.00 Cr |
| Total Assets (₹ Cr) | Rs 296.00 Cr | Rs 369.00 Cr | Rs 536.00 Cr | Rs 642.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 3.43% | 3.43% | 3.43% | 3.43% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Debt/Equity
0.34
📋 Live Subscription Status
QIB
55.28x
NII
47.53x
Retail
10.31x
Total
30.27x
🎯 Retail Allotment Probability
9.7% Odds
1 in 10.3 chance (~9.7% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:37 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹175.0 Cr
Issue Size
Fresh (70%)
OFS (30%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.