Gem Aromatics IPO subscribed 1.04x on Day 1

Gem Aromatics IPO subscribed over 1.04x on its first day of subscription, wherein QIB subscribed 1.03x, NII subscribed 0.89x, and RII subscribed 1.10x.

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Gem Aromatics IPO subscription started on Tuesday, August 19, and the IPO will close on August 21, 2025, as per the schedule. The price band is set at ₹309 to ₹325 per share with a face value of ₹2. 

Gem Aromatics IPO Subscription Status 

Gem Aromatics IPO subscribed over 1.04x on its first day till 5.00 PM on 19th August 2025. 

  • Gem Aromatics IPO subscription QIB investors’ portion was 1.03 times, while NII was subscribed 0.89 times, and RII investors subscribed 1.10 times. 
  • The company has received bids for 1,00,77,956 shares against 97,19,232 shares on offer for the first-day subscription. 
  • Gem Aromatics IPO subscribed over 1.04x on its day 1.  

About Gem Aromatics Company 

Gem Aromatics Limited, founded in October 1997, is one of the leading companies that is involved in the manufacturing of specialty ingredients, including essential oils, aroma chemicals, and Value-Added Derivatives in India. The company holds over 2 decades of experience in the fragrance and flavour industry. The company’s portfolio comprises oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care. 

Gem Aromatics offers 70 products across four categories: mint derivatives, clove derivatives, phenol, and other synthetic & natural ingredients. The company sells its products via a B2B basis, exporting via direct sales, its US subsidiary Gem Aromatics LLC, and third-party agencies. The reason behind its massive growth is its 13-member R&D team using advanced technology to enhance Value-Added Derivative formulations as of March 31, 2025. America, Asia, Africa, and Australia are some major countries where the company serves its products. As of FY25, the company includes 225 customers and 44 international customers across 18 countries.

Gem Aromatics Financial Report 

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. 

Gem Aromatics IPO GMP:  

Gem Aromatics IPO GMP was ₹24 as of Tuesday, 19th August 2025. That indicates the IPO is trading at ₹349 with a ₹24 premium in the grey market against the issue price of ₹325.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.