On the last day, Gem Aromatics was subscribed 30.45 times overall, a retail quota was 10.49 times, QIB 53.76, and 45.96 for NII.
Details About Gem Aromatics’s IPO
Gem Aromatics received approval from SEBI for an IPO of ₹451.25 crore, comprising a fresh issue of ₹175 crores offer for sale up to 85,00,000 equity shares with a face value of ₹2 each.
Gem Aromatics has set up a ₹309 to ₹325 per share. In the Gem Aromatics IPO, 1 lot size for the minimum Retail category got 46 shares, and for the max retail category, 598 shares in 13 lot sizes, for the S-HNI Minimum category, 644 shares in 14, and the B-HNI Minimum category, 3,082 shares are available in 67 lot sizes.
To invest in the Gem Aromatics IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,950.
- Retail investors’ (Max) investment of ₹1,94,350.
- Small HNI (S-HNI): Minimum investment of ₹2,09,300.
- Big HNI(B-HNI): maximum investment of ₹10,01,650.
Gem Aromatics subscription duration
Gem Aromatics IPO started on August 19, 2025, and closed on August 21, 2025. The investor’s allotment date was August 22, 2025, and they received a refund on August 25, 2025. Gem Aromatics’ IPO listing date is August 26, 2025.
About Gem Aromatics Company
Incorporated in October 1997, Gem Aromatics is one of the growing companies engaged in the manufacturing of specialty ingredients such as essential oils, aroma chemicals, and Value-added Derivatives in India. With over 20 years of experience in the fragrance and flavour industry, the company’s portfolio consists of oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care.
Gem Aromatics offers a portfolio of 70 products spread across four categories—mint derivatives, clove derivatives, phenol, and a range of other synthetic and natural ingredients. A key driver of its strong growth has been its 13-member R&D team, which leverages advanced technology to develop and refine Value-Added Derivative formulations (as of March 31, 2025). The company caters to markets across America, Asia, Africa, and Australia, serving 225 customers, including 44 international clients spread over 18 countries in FY25.
Gem Aromatics Financial Background
The company reported revenue of ₹506 crores in 2025 against ₹454 crores in 2024. The company reported a profit of ₹53.38 crores in 2025 against a Profit of ₹50.10 crores in 2024.
