Gem Aromatics IPO Details
The Gem Aromatics IPO is a book build issue with a total issue size of ₹451.25 cr, comprising of fresh issue of 5384615 equity shares., and a offer for sale of 8500000 equity shares. Gem Aromatics IPO opened for subscription on Aug 19, 2025 and closed on Aug 21, 2025. Gem Aromatics IPO is set price band at ₹309 to ₹325 per share, with a lot size of 46 shares. Minimum investment for Retail investors was ₹14,950.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 22, 2025, and listed on both the NSE and BSE on Aug 26, 2025.
Kfin Technologies Limited has been appointed as the registrar. Motilal Oswal Investment Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Gem Aromatics IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 309 – 325
- Lot Size
- 46
- Issue Size
- ₹451.25 Cr
- Minimum Investment
- ₹14950 (46 Shares)
- Listing Date
- 26 August 2025
Current GMP
₹33 (+10.15%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Gem Aromatics Limited
Founded in October 1997, Gem Aromatics Limited is a prominent Indian manufacturer of specialty ingredients, including essential oils, aroma chemicals, and value-added derivatives. With over two decades of industry experience, the company offers a diverse product range that spans from core mother ingredients to advanced value-added formulations.
Gem Aromatics’ products serve a wide array of industries, including:
- Oral care
- Cosmetics
- Nutraceuticals
- Pharmaceuticals
- Personal care
- Pain management
- Wellness
Product Portfolio
The company offers 70 products, classified into four major categories:
- Mint and its derivatives
- Clove and its derivatives
- Phenols
- Other synthetic and natural ingredients
Market Presence and Customer Base
As of Fiscal Year 2025, Gem Aromatics serves:
- 225 customers overall
- 44 international clients across 18 countries, including regions in the Americas, Asia, Africa, and Australia
The company operates on a B2B model, with exports handled through:
- Direct sales
- Gem Aromatics LLC (subsidiary in the USA)
- Third-party agencies
Notable clients include Colgate-Palmolive, Dabur, and dōTERRA. In 2019, dōTERRA made a strategic investment in the company, and Gem now supplies 15 products under a global agreement.
Research & Development
Gem Aromatics maintains a robust in-house R&D team of 13 scientists based in Maharashtra. The team employs advanced technologies, including Grignard reactions and Friedel–Crafts chemistry, to drive innovation in its value-added derivatives and support continuous product development.
Market Leadership
The company holds strong market positions in several product categories. As of FY 2025:
- India’s largest processor (by volume) of DMO, Clove Oil, Eugenol, and Eucalyptus Oil
- 65% market share in Eugenol
- 12% market share in DMO
Gem Aromatics has also been recognized as a “Three Star Export House”, highlighting its significant contribution to India’s exports in this sector.
Competitive Strengths
- Established reputation in the specialty ingredients industry
- Comprehensive and evolving product portfolio
- Long-term relationships with leading domestic and international customers
- Strategically located, sustainable manufacturing facilities
- Experienced promoters and leadership team
With its blend of scientific innovation, strong customer relationships, and export capabilities, Gem Aromatics Limited continues to be a key player in India’s essential oil and value-added ingredients industry—especially in the mint, clove, and eucalyptus segments.
Gem Aromatics IPO Promoters
- Vipul Parekh
- Kaksha Vipul Parekh
- Yash Vipul Parekh
- Parekh Family Trust
Promoters Holding
Holding Pre Issue
75.00%
Holding Post Issue
55.06%
Gem Aromatics IPO Objective
The Company Gem Aromatics IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Subsidiary, Krystal Ingredients Private Limited; and
- General Corporate Purposes
Address / Contact Info
Gem Aromatics Limited
A/410, Kailas Complex,
Vikhroli Powai Link
Road, Park Site,
Vikhroli (W) Mumbai,
Maharashtra, 400079
Phone: +91 22 25185231
Email: secretarial@gemaromatics.in
Website: http://www.gemaromatics.com/
IPO Snapshot
Book Running Lead Managers
- Motilal Oswal Investment Advisors Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Gem Aromatics IPO is a Book-building IPO with a total issue size of ₹451.25 crore. The Gem Aromatics IPO price band is ₹309 to 325 per share. The Gem Aromatics IPO subscription opens on Tue, Aug 19, 2025, and closes on Thu, Aug 21, 2025. The Gem Aromatics IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the Gem Aromatics IPO.
The Gem Aromatics IPO opens on Tue, Aug 19, 2025 and closes on Thu, Aug 21, 2025
Gem Aromatics IPO Price Band is ₹309 to 325 per share.
Gem Aromatics IPO lot size is 46 shares, Retail investors need a minimum investment of ₹14950 based on the upper price band
The minimum investment for Gem Aromatics IPO is ₹14950, based on one lot of 46 shares at the upper price band of ₹325 per share.
Investors can apply for the Gem Aromatics IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 21, 2025. The application amount remains blocked until the Gem Aromatics IPO allotment is finalized.
Gem Aromatics IPO issue size is ₹451.25 crores.
Gem Aromatics IPO allotment date is Wed, Jul 1, 2026.
The registrar for Gem Aromatics IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Gem Aromatics IPO allotment status, refund processing, and other IPO-related information.
The Gem Aromatics IPO GMP (Grey Market Premium) is ₹33 as of Tue, Aug 26, 2025. Based on the upper price band of ₹325 per share, the estimated Gem Aromatics IPO listing price is ₹358, indicating a potential listing gain of approximately 0% over the issue price.