Speciality substances maker Gem Aromatics is ready to launch its preliminary public providing (IPO) on August 19, 2025, aiming to lift Rs 451.25 crore by a mixture of recent fairness issuance and a suggestion on the market (OFS). It consists of a recent problem of 53.84 lakh shares aggregating to Rs 175 crore, alongside a suggestion on the market of 85 lakh shares value Rs 276.25 crore. The subscription window will stay open till August 21, 2025.
The corporate has mounted the worth band for the problem at Rs 309–325 per share, with a face worth of Rs 2 per share.
The minimal software measurement for retail traders has been set at 46 shares per lot, requiring an funding of Rs 14,214 on the higher finish of the worth band.
BRLM, registrar particulars
Motilal Oswal Funding Advisors is performing because the book-running lead supervisor, whereas Kfin Applied sciences is the registrar for the problem.
Itemizing, allotment dates
The IPO tentative finalised on August 22, 2025. Shares of Gem Fragrant are anticipated to be listed on each the BSE and NSE on August 26, 2025.
What does GAL do?
Based in 1997, Gem Aromatics manufactures speciality substances, together with important oils, aroma chemical compounds, and value-added derivatives. Its portfolio of round 70 merchandise is segmented into 4 teams:
- Mint and its derivatives
- Clove and its derivatives
- Phenol
- Worth-added derivatives
The corporate’s substances are broadly used throughout oral care, cosmetics, nutraceuticals, prescribed drugs, wellness, ache administration, and private care industries.
