Indian Emulsifiers IPO GMP, Review, Price, Allotment

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Last updated on May 23, 2024

Indian Emulsifiers IPO GMP

Indian Emulsifiers IPO description – Indian Emulsifiers was established to manufacture and supply specialty chemicals, including esters, amphoterics, phosphate esters, imidazolines, wax emulsions, and SMO & PIBSA emulsifiers. The company provides specialty chemicals to a broad array of industries, such as mining, textiles, cleaning, PVC and rubber, personal care, food, and more.

Since its inception, the company has maintained its manufacturing plant in Ratnagiri, Maharashtra. As of 31 March 2023, the facility has a production capacity of 4,800 metric tons per annum, which was 3,600 metric tons per annum for the period ended 31 December 2023. The plant is equipped with process control, an advanced R&D center, quality control, and application laboratories.

Indian Emulsifiers operates two warehouses, one located in Raigad, Maharashtra, and the other in Ratnagiri, Maharashtra. As of 31 December 2023, the company employs 34 full-time staff members, including key managerial personnel.

Indian Emulsifiers

Promoters of Indian Emulsifiers – Yash Tikekar


Indian Emulsifiers IPO Details

Indian Emulsifiers IPO Dates13 – 16 May 2024
Indian Emulsifiers Issue PriceINR 125 – 132 per share
Fresh issue3,211,000 shares (INR 40.14 – 42.39 crore)
Offer For SaleNIL
Total IPO size3,211,000 shares (INR 40.14 – 42.39 crore)
Minimum bid (lot size)1,000 shares (INR 132,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE EMERGE

Indian Emulsifiers Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Revenue17.6841.1848.67
Expenses(0.004)17.5636.5540.56
Net income(0.004)0.043.896.75
Figures in INR Crores unless specified otherwise

Indian Emulsifiers Offer News


Indian Emulsifiers Valuations & Margins

FY 2021FY 2022FY 2023
EPS(0.00)0.054.80
PE ratio26.04 – 27.50
RONW (%)(58.65)0.5332.34
NAV6.3010.0514.85
ROCE (%)(58.65)7.1955.50
EBITDA (%)4.5019.09
Debt/Equity 0.940.97
*Compiled by IPO Central from Prospectus

Indian Emulsifiers IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
21 May 20242351,93,000
20 May 20242351,93,000
18 May 20242351,93,000
17 May 20242271,76,000
16 May 20242001,51,000
15 May 20241751,35,000
14 May 20241751,35,000
13 May 20241801,35,000
11 May 20242001,50,000
10 May 20241801,50,000
9 May 20241751,40,000
8 May 20241551,32,000
7 May 20241251,10,000

Indian Emulsifiers IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered6,10,0004,60,00010,70,00021,40,000
16 May 2024175.95779.97484.54460.08
15 May 20240.4796.81173.74107.81
14 May 20240.1429.2161.6037.12
13 May 20240.046.4111.547.16

The market maker reservation portion of 1,61,000 shares is not included in the above calculations.


Indian Emulsifiers IPO Allotment Status

Indian Emulsifiers IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.


Indian Emulsifiers IPO Dates & Listing Performance

IPO Opening Date13 May 2024
IPO Closing Date16 May 2024
Finalization of Basis of Allotment17 May 2024
Initiation of refunds21 May 2024
Transfer of shares to demat accounts21 May 2024
Indian Emulsifiers IPO Listing Date22 May 2024
Opening Price on NSE SMEINR 430 per share (up 225.76%)
Closing Price on NSE SMEINR 451.50 per share (up 242.05%)

Indian Emulsifiers Offer Lead Manager

EKADRISHT CAPITAL PRIVATE LIMITED
1102, Summitt Business Bay, Chakala, Andheri Kurla Road,
Andheri East Chakala MIDC, Mumbai, 400 093, Maharashtra
Phone: +91 89286 31037
Email[email protected]
Website: www.ekadrisht.com


Indian Emulsifiers Offer Registrar

MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: [email protected]
Website: www.maashitla.com


Indian IPO Contact Details

INDIAN EMULSIFIERS LIMITED
Shop 206, Foor-2, Sumer Kendra, Shivram Seth Amrutwar Road,
Near Doordarshan Kendra, Off Pandurang Budhwar Marg,
Worli 400 018, Mumbai, Maharashtra, India
Phone: 022-4783 8021
E-mail: [email protected]
Website: www.indianemulsifiers.com


IPO FAQs

What is the Indian Emulsifiers offer size?

Indian Emulsifiers’ offer size is INR 40.14 – 42.39 crores.

What is the Indian Emulsifiers offer price band?

Indian Emulsifiers’ public offer price is INR 125 – 132 per share.

What is the lot size of the Indian Emulsifiers IPO?

Indian Emulsifiers offer lot size is 1,000 shares.

What is Indian Emulsifiers IPO GMP today?

Indian Emulsifiers IPO GMP today is INR 235 per share.

What is the Indian Emulsifiers kostak rate today?

Indian Emulsifiers kostak rate today is INR NA per application.

What are Indian Emulsifiers Subject to the Sauda rate today?

Indian Emulsifiers are Subject to the Sauda rate today is INR 1,93,000 per application.

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