Gem Aromatics IPO Description – Gem Aromatics is a leading Indian manufacturer of specialty ingredients, including essential oils, aroma chemicals, and value-added derivatives, with a legacy spanning over two decades. As of FY 2025, the company holds dominant positions in several key product categories—ranking as India’s largest processor of DMO, Clove Oil, Eugenol, and Eucalyptus Oil by volume. Gem Aromatics commands a 65% market share in Eugenol and 12% in DMO, reinforcing its leadership in value-added derivatives.
Operating a portfolio of 70 products across four categories—mint derivatives, clove derivatives, phenols, and other synthetic and natural ingredients—the company services over 200 customers in 13 countries, including major players like Colgate-Palmolive, Dabur, and dōTERRA. In 2019, dōTERRA invested in the company, which now supplies 15 products under a global agreement.
Gem Aromatics leverages advanced R&D, including a 13-scientist team in Maharashtra, employing cutting-edge technologies like Grignard and Friedel-Crafts chemistry. With a robust export framework and recognition such as “Three Star Export House” status, Gem Aromatics remains at the forefront of India’s essential oil and derivative industry, particularly in mint, clove, and eucalyptus-based products.
Promoters of Gem Aromatics – Vipul Parekh, Kaksha Vipul Parekh, Yash Vipul Parekh, and Parekh Family Trust
Table of Contents
Gem Aromatics IPO Details
| Gem Aromatics IPO Dates | 19 – 21 August 2025 |
| Gem Aromatics IPO Price | INR 309 – 325 per share |
| Fresh issue | INR 175 crore |
| Offer For Sale | 85,00,000 shares (INR 262.65 – 276.25 crore) |
| Total IPO size | INR 437.65 – 451.25 crore |
| Minimum bid (lot size) | 46 shares (INR 14,950) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Gem Aromatics Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 424.79 | 452.45 | 503.95 |
| Expenses | 369.00 | 386.63 | 430.93 |
| Net income | 44.67 | 50.10 | 53.38 |
| Margin (%) | 10.52 | 11.07 | 10.59 |
Gem Aromatics Offer News
- Gem Aromatics RHP
- Gem Aromatics DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Gem Aromatics Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue)* | |
| EPS | 9.53 | 10.69 | 11.39 | 9.64 |
| PE Ratio | – | – | 27.13 – 28.53 | 32.05 – 33.71 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 24.88 | 21.73 | 18.80 |
| NAV | 38.32 | 49.21 | 60.61 |
| ROCE (%) | 22.85 | 21.10 | 16.02 |
| EBITDA (%) | 15.58 | 17.32 | 17.55 |
| Debt/Equity | 0.44 | 0.36 | 0.78 |
Gem Aromatics IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 25 August 2025 | 25 | – | 1,000 |
| 23 August 2025 | 25 | – | 1,000 |
| 22 August 2025 | 29 | – | 1,000 |
| 21 August 2025 | 29 | – | 1,000 |
| 20 August 2025 | 29 | – | 1,100 |
| 19 August 2025 | 29 | – | 1,100 |
| 18 August 2025 | 35 | – | 1,200 |
| 15 August 2025 | 20 | – | 750 |
Gem Aromatics IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company and its Subsidiary, Krystal Ingredients – INR 140 crore
- General corporate purposes
Gem Aromatics IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 27,00,647 | 21,24,515 | 49,57,201 | 97,82,363 |
| 21 Aug 2025 | 55.28 | 45.06 | 10.31 | 30.27 |
| 20 Aug 2025 | 1.54 | 3.95 | 3.19 | 2.90 |
| 19 Aug 2025 | 1.05 | 0.88 | 1.08 | 1.03 |
41,65,383 shares allotted to anchor investors are not included in these calculations.
Gem Aromatics – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Gem Aromatics | 33.71 | 10.69 | 21.73 | 49.21 | 452.45 |
| Clean Science and Technology | 63.15 | 22.96 | 20.28 | 113.24 | 791.49 |
| Privi Speciality Chemicals | 71.54 | 24.43 | 10.27 | 236.64 | 1,752.24 |
Gem Aromatics IPO Allotment Status
Gem Aromatics IPO allotment status is now available on the KFin Tech website. Click on this link to get the allotment status.
Gem Aromatics IPO Dates & Listing Performance
| IPO Opening Date | 19 August 2025 |
| IPO Closing Date | 21 August 2025 |
| Finalization of Basis of Allotment | 22 August 2025 |
| Initiation of refunds | 25 August 2025 |
| Transfer of shares to demat accounts | 25 August 2025 |
| Gem Aromatics IPO Listing Date | 26 August 2025 |
| Opening Price on NSE | INR 333.10 per share (up 2.49%) |
| Closing Price on NSE | INR 319.05 per share (down 1.83%) |
Gem Aromatics IPO Reviews – Subscribe or Avoid?
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Gem Aromatics Offer Lead Manager
MOTILAL OSWAL INVESTMENT ADVISORS LIMITED
Motilal Oswal Tower, Rahimtullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi Mumbai – 400 025
Telephone: +91 22 7193 4380
Email: [email protected]
Website: www.motilaloswalgroup.com
Gem Aromatics Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222/ 1800 309 4001
E-mail: [email protected]
Website: www.kfintech.com
Gem Aromatics Contact Details
GEM AROMATICS LIMITED
A/503, Kailas Complex, Vikhroli Powai Link Road,
Park Site, Vikhroli (West), Mumbai – 400 079
Phone: +91 22 2518 5231
Email: [email protected]
Website: www.gemaromatics.com
Gem Aromatics IPO FAQs
How many shares in Gem Aromatics IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for the Gem Aromatics Public Offer?
The best way to apply for the Gem Aromatics public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Gem Aromatics IPO GMP today?
Gem Aromatics IPO GMP today is INR 25 per share.
What is the Gem Aromatics kostak rate today?
Gem Aromatics kostak rate today is INR NA per application.
What is Gem Aromatics Subject to Sauda rate today?
Gem Aromatics Subject to Sauda rate today is INR 1,000 per application.