The Indian Emulsifier date has been confirmed from May 13, 2024 and closes on May 16, 2024. Read the post to learn about Indian Emulsifier IPO GMP.
Indian Emulsifier IPO is a fixed price issue of Rs 42.39 crores. The price band is set at ₹125 to ₹132 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹264,000.
Start your investing journey today. Find the latest information on SME IPOs.
Key Details Of Indian Emulsifier IPO
Bidding Dates
May 13-16
Price Range
₹125 to ₹132 per share
Face Value
₹10 per share
GMP
₹240
Indian Emulsifier IPO GMP
The Indian Emulsifier IPO GMP is ₹240.
IPO Overview
Indian Emulsifier IPO is a book-built issuance worth Rs 42.39 crores. The offering is wholly new, totaling 32.11 lakh shares. The Indian Emulsifier IPO will be open for subscription on May 13, 2024 and end on May 16, 2024. The allotment for the Indian Emulsifier IPO is expected to be completed on Friday, May 17, 2024. The Indian Emulsifier IPO will list on NSE SME, with a tentative listing date of Wednesday, May 22, 2024.
The Company IPO pricing range is established at ₹125 to ₹132 per share. The minimum lot size for an application is 1000 shares. The minimum investment for retail investors is ₹132,000. The minimum investment for HNI is 2 lots (2,000 shares) worth ₹264,000.
Indian Emulsifier IPO Details
| IPO Date | May 13, 2024 to May 16, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹125 to ₹132 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 3,211,000 shares (aggregating up to ₹42.39 Cr) |
| Fresh Issue | 3,211,000 shares (aggregating up to ₹42.39 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 161,000 shares |
Indian Emulsifier Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 6,176.63 | 3,432.26 | 1,910.22 | 59.72 |
| Revenue | 4,870.16 | 4,118.35 | 1,768.31 | |
| Profit After Tax | 675.01 | 389.44 | 4.31 | -0.37 |
| Net Worth | 2,636.35 | 1,204.35 | 814.94 | 0.63 |
| Reserves and Surplus | 1,735.22 | 393.34 | 3.93 | -0.37 |
| Total Borrowing | 2,244.45 | 2,030.44 | 1,068.54 | 58.91 |
| Amount in ₹ Lakhs | ||||
Indian Emulsifier IPO Timeline
| IPO Open Date | Monday, May 13, 2024 |
| IPO Close Date | Thursday, May 16, 2024 |
| Basis of Allotment | Friday, May 17, 2024 |
| Initiation of Refunds | Monday, May 20, 2024 |
| Credit of Shares to Demat | Monday, May 20, 2024 |
| Listing Date | Wednesday, May 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 16, 2024 |
Company Profile
The company provides specialty chemicals to a variety of industries, including mining, textiles, cleaning, PVC/rubber, personal care, food, and more. Indian Emulsifier Limited provides approximately 40 specialty chemicals and intermediates for a variety of sectors, including mining, textiles, cleaning, PVC/rubber, personal care and food. The company is an ISO 9001:2015 certified company. The company has a manufacturing factory in Ratnagiri, Maharashtra. The facility’s annual output capacity is 4,800 metric tonnes, up from 2,400 MT before due to
the installation of additional reactors. The facility is outfitted with process control, an innovative R&D centre, quality control, and application laboratories. The company has two warehouses: one in Raigad, Maharashtra, and another in Ratnagiri, Maharashtra.
As of December 31, 2023, the company employed 34 full-time workers, including senior management people. Indian Emulsifier Limited, founded in December 2020, is a manufacturer and seller of specialty chemicals such as esters, amphoterics, phosphate esters, imidazolines, wax emulsions, SMO, and PIBSA emulsifiers.
The product line of the company includes the following
- Esters
- Amphoteric
- Phosphate esters
- Imidazolines
- Wax emulsions
- SMO & PIBSA Emulsifiers
Registrar Info
| Name | Maashitla Securities Private Limited |
| Phone number | +91-11-45121795-96 |
| Email ID | [email protected] |
| Website | maashitla.com |
Contact Details
| Name | Indian Emulsifier Limited |
| Phone number | 022-4783 8021 |
| Email ID | [email protected] |
| Website | indianemulsifiers.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Indian Emulsifier IPO FAQs
When Indian Emulsifier IPO will open?
The Indian Emulsifier IPO opens on May 13, 2024 and closes on May 16, 2024.
What is the lot size of Indian Emulsifier IPO?
Indian Emulsifier IPO lot size is 1000 Shares, and the minimum amount required is ₹132,000.
When is Indian Emulsifier IPO allotment?
The finalization of Basis of Allotment for Indian Emulsifier IPO will be done on Friday, May 17, 2024, and the allotted shares will be credited to your demat account by Monday, May 20, 2024.
When is Indian Emulsifier IPO listing date?
The Indian Emulsifier IPO listing date is not yet announced. The tentative date of Indian Emulsifier IPO listing is Wednesday, May 22, 2024.
