Indian Emulsifier IPO Details: Indian Emulsifier is gearing up for its IPO, scheduled to run from May 13 to May 16 on the NSE SME platform, aiming to raise ₹42.39 crores. With a price band of ₹125 to ₹132 per share and a market lot of 1000 shares, investors have an opportunity to participate in this venture.
Established with a focus on manufacturing and supplying specialty chemicals like Esters, Phosphate Esters, Imidazolines, and more, Indian Emulsifier operates from its state-of-the-art manufacturing plant in Maharashtra. Boasting a production capacity of 4,800 metric tons per annum as of March 31, 2023, and equipped with advanced facilities including an innovative R&D center and Quality Control labs, the company strives for excellence.
Having obtained ISO 9001:2015 certification in 2021, Indian Emulsifier is committed to becoming a leading player in the specialty chemicals sector. Serving diverse industries such as Mining, Textile, and Food, they aim to deliver high-quality solutions tailored to meet specific client needs.
Indian Emulsifier IPO Objectives:
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding of capital expenditure requirements of the Company towards Plant & Machinery, Civil work and installation cost thereon;
- Funding Working Capital Requirements of our Company;
- General corporate purposes
Indian Emulsifier IPO Review (Apply or Not)
- Apply
Indian Emulsifier IPO Date & Price Band Details:
| IPO Open: | 13-May-2024 |
| IPO Close: | 16-May-2024 |
| IPO Size: | Approx ₹42.39 Crores, 3,211,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹125 to ₹132 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Indian Emulsifier IPO Lot Size:
To participate in the Indian Emulsifier IPO, investors need to purchase a minimum market lot of 1000 shares, requiring an application amount of ₹132,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹132,000 |
| Retail Maximum | 1 | 1000 | ₹132,000 |
| S-HNI Minimum | 2 | 2000 | ₹264,000 |
Indian Emulsifier IPO Timeline:
Indian Emulsifier’s IPO is set to kick off on May 13th and will run until May 16th. Following this, the IPO allotment process is scheduled for May 17th, with the potential listing date being May 21st.
| IPO Open Date: | 13-May-2024 |
| IPO Close Date: | 16-May-2024 |
| Basis of Allotment: | 17-May-2024 |
| Refunds: | 20-May-2024 |
| Credit to Demat Account: | 20-May-2024 |
| IPO Listing Date: | 21-May-2024 |
Indian Emulsifier IPO GMP Today:
The Indian Emulsifier IPO, valued at Rs 42.39 crores, comprises a book built issue of 32.11 lakh fresh shares. Subscriptions open on May 13, 2024, and close on May 16, 2024. Allotment is expected by Friday, May 17, 2024. Anticipated listing on NSE SME is slated for Wednesday, May 22, 2024.
Indian Emulsifier Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹17.68 | ₹17.56 | ₹0.04 |
| 2023 | ₹41.18 | ₹36.55 | ₹3.89 |
| Dec 2023 | ₹48.70 | ₹40.56 | ₹6.75 |
Indian Emulsifier IPO Valuation – FY2023
Check Indian Emulsifier IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.48 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 32.34% |
| Net Asset Value (NAV): | ₹14.85 per Equity Share |
Peer Group
- Fine Organic Industries Limited
- Fineotex Chemical Limited
Company Promoters
- Yash Tikekar
Indian Emulsifier IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/
Indian Emulsifier IPO Allotment Status
Check Indian Emulsifier IPO allotment status on Maashitla Securities website URL. Click Here
Indian Emulsifier IPO Lead Managers aka Merchant Bankers
- Ekadrisht Capital Private Limited
Company Address
Indian Emulsifier Limited
Shop 206, Foor-2, Sumer Kendra, Shivram Seth
Amrutwar Road Near Doordarshan Kendra,
Off Pandurang Budhwar Marg, Worli Mumbai-400018,
Phone: 022-4783 8021
Email: info@indianemulsifiers.com
Website: https://indianemulsifiers.com/
