Gemini Edibles & Fats India, a trusted manufacturer of edible oils and specialty fats, filed its DRHP with market regulator SEBI to float its Initial Public Offering (IPO) in the market.
According to the draft papers filed on August 21, the issue will include a complete offer-for-sale of up to 4.11 crore equity shares by existing promoters and investors. The IPO will not include a fresh issue, meaning the company will not benefit from the funds, and it will directly go to the existing shareholders.
In the OFS component, promoters Alka Chowdhry and Golden Agri International Enterprises Pte. Ltd, along with investors Black River Food 2 Pte. Ltd. and Investment and Commercial Enterprise Pte. Ltd., will offload a portion of their shareholding.
The book-running lead managers to the issue are Motilal Oswal Investment Advisors Limited and IIFL Capital Services Limited. The registrar to the IPO is KFin Technologies Limited.
Gemini Edibles & Fats India has been involved in the trading, processing, manufacturing, and marketing of edible oils and specialty fats. They are the largest sunflower oil-selling company with a market share of 22%. The company started as an edible oils manufacturer and has since expanded its portfolio with Specialty fats, Spices, and Convenience foods.Ā
The firm sells its edible oils and fats under 3 verticals: branded retail consumer, industrial consumer, and bulk merchandising. As of 2026, the company has a strong distribution network with 1,600 distributors and 3 lakh retail outlets across 1,000+ cities and towns.
Financially, revenue grew from ā¹9,053.84 crore in FY24 to ā¹12,650.02 crore in FY26 at a CAGR of 18.20%, while EBITDA increased from ā¹462.83 crore to ā¹793.93 crore at a CAGR of 30.97%, reflecting strong financial growth.
The equity shares of the IPO are proposed to list at NSE and BSE. Ā
Gemini Edibles & Fats IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Gemini Edibles & Fats Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2024 (Standalone) | ā¹9,567.06 | ā¹9,079.33 | ā¹361.64 |
| 2025 (Consolidated) | ā¹11,253.45 | ā¹10,155.30 | ā¹817.95 |
| 2026 (Consolidated) | ā¹13,114.18 | ā¹12,311.22 | ā¹597.04 |
Gemini Edibles & Fats IPO Valuation – FY2026
Gemini Edibles & Fats 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): | ā¹29.17 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.83% |
| Net Asset Value (NAV): | ā¹172.46 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| AWL Agri Business Limited | 8.05 | 23.87 | 11.00 | 80.18 | 74,730.67 Cr. |
| Patanjali Foods Limited | 16.68 | 21.12 | N.A. | N.A. | 40,169.58 Cr. |
| Marico Limited | 13.62 | 63.66 | 43.00 | 34.62 | 13,611.00 Cr. |
