Gem Aromatics Limited, a leading manufacturer of specialty ingredients such as essential oils, aroma chemicals, and value-added derivatives, concluded the subscription for its ₹451.25 crore IPO on August 21, 2025. The issue comprised a fresh issue of ₹175 crore and an offer-for-sale (OFS) of up to ₹276.25 crore. The price band was set at ₹309–₹325 per share. Following allotment, the shares are scheduled to be listed on BSE and NSE on August 26, 2025.
Gem Aromatics IPO – Day 3 Subscription Status
The final day of bidding saw strong investor participation across categories. Below is the detailed subscription status as of Day 3:
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 53.76 |
| Non-Institutional Investors (NII) | 45.96 |
| bNII (above ₹10 lakh) | 48.48 |
| sNII (less than ₹10 lakh) | 40.91 |
| Retail Individual Investors (RII) | 10.49 |
| Total | 30.45 |
Total Applications: 10,59,134
How to Check Gem Aromatics IPO Allotment Status
Gem Aromatics IPO allotment can be checked online using the Registrar’s website (Kfin Technologies Ltd.) or via the BSE website.
Method 1: Registrar’s Website (Kfin Technologies Ltd.)
Steps to check:
- Visit the Kfin Technologies Ltd. IPO allotment site.
- Select “Gem Aromatics Limited IPO” from the dropdown.
- Enter your PAN, Application Number, or Demat/DP Client ID.
- Complete any captcha if prompted and click Submit/Search.
- Allotment status will be displayed.
Method 2: BSE or NSE Website
Steps to check:
- Visit the BSE or NSE IPO/allotment webpage.
- Select the Equity segment, then choose “Gem Aromatics Limited IPO”.
- Input your PAN and Application Number (and captcha, if any).
- Click Search/Submit to view your allotment status.
Objective of the Gem Aromatics IPO
The company plans to utilize the net proceeds of the IPO towards strengthening its balance sheet by reducing debt and supporting future business needs. The funds will also be deployed for general corporate purposes, providing additional financial flexibility.
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| 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 | 140.00 |
| General Corporate Purposes | – |
Gem Aromatics IPO GMP – Day 3 Update
Gem Aromatics IPO last GMP is ₹28, last updated Aug 21st 2025 04:58 PM. With the upper limit of price band at ₹325, Gem Aromatics IPO’s estimated listing price is ₹353. The expected percentage gain/loss per share is 8.62%.
| Date | GMP (₹) | Est. Listing Price (₹) | Gain (%) |
|---|---|---|---|
| 21-08-2025 (DAY 3) | ₹28 | ₹353 | 8.62% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market
Gem Aromatics IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | August 19, 2025 |
| IPO Closing Date | August 21, 2025 |
| Price Band | ₹309–₹325 per share |
| Issue Size | ₹451.25 crore (Fresh: ₹175 Cr, OFS: ₹276.25 Cr) |
| Lot Size | 46 shares |
| Listing Platform | BSE & NSE |
| Registrar | Kfin Technologies Ltd. |
| Gem Aromatics IPO DRHP | Click Here |
Important Dates for Gem Aromatics IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | August 22, 2025 |
| Refunds Initiation | August 25, 2025 |
| Credit of Shares to Demat | August 25, 2025 |
| Listing Date | August 26, 2025 |
Gem Aromatics Overview
Gem Aromatics Limited, incorporated in October 1997, is a long-established manufacturer of specialty ingredients like essential oils, aroma chemicals, and value-added derivatives. It offers about 70 products across four categories: mint and mint derivatives, clove and its derivatives, phenol, and other synthetic/natural ingredients. The company serves domestic and global markets (18 countries), through its manufacturing facilities in Budaun (UP), Silvassa, and Dahej, and maintains strong R&D and innovation capabilities.
Frequently Asked Questions (FAQs)
Q1. What is the opening and closing date of the Gem Aromatics IPO?
The Gem Aromatics IPO opens on August 19, 2025, and closes on August 21, 2025.
What is the price band of the Gem Aromatics IPO?
The price band for the IPO is set between ₹309 and ₹325 per share.
What is the total issue size of the Gem Aromatics IPO?
The total issue size is ₹451.25 crore, comprising a fresh issue of ₹175 crore and an Offer for Sale (OFS) worth ₹276.25 crore.
What is the expected listing date of Gem Aromatics?
The shares are expected to be listed on BSE and NSE on August 26, 2025.
What are the objectives of the Gem Aromatics IPO?
The proceeds will be used for repayment or prepayment of certain outstanding borrowings of the company and its subsidiary, Krystal Ingredients Private Limited, as well as for general corporate purposes.
