Indian Emulsifier was incorporated with the objective of Manufacturing and Supplying Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The Company has its manufacturing plant at Plot No. E-10 MIDC, Lote Parshuram, Tal. Khed, Ratnagiri 415 722, Maharashtra, India since inception. The facility has a production capacity of 4,800 metric tons per annum as of March 31, 2023, and 3,600 MT per annum for the period ending December 31, 2023,*, equipped with process control, innovative R&D center, Quality Control, and Application Laboratories. and its Registered office at Shop 206, Floor 2, Sumer Kendra, Shivram Seth, Amritsar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai 400 018, Maharashtra, India. The Company was formed with a vision to become a pioneer specialty chemicals manufacturer.
The Company got ISO Certified in the year 2021 as ISO 9001:2015. They are manufacturing in the Specialty chemicals industry, with a focus on Esters, Phosphate Esters, Imidazolines, Succinimides, Sulfosuccinates, Specialty Emulsifiers, and formulated products. The Company serves specialty chemicals to a wide range of industries such as Mining, Textile, Cleaning Industry, PVC (Poly Vinyl Chloride)/ Rubber, Personal Care, Food, and Other Industries.
Objects of the Issue:
- 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
- May Apply
Indian Emulsifier IPO Date & Price Band Details
| IPO Open: | May 13, 2024 |
| IPO Close: | May 16, 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 Market Lot
The Indian Emulsifier IPO minimum market lot is 1000 shares with a ₹132,000 application amount.
| 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 Dates
The Indian Emulsifier IPO date is May 13 and the IPO close date is May 16. The IPO allotment date is May 17 and the IPO might list on May 21.
| IPO Open Date: | May 13, 2024 |
| IPO Close Date: | May 16, 2024 |
| Basis of Allotment: | May 17, 2024 |
| Refunds: | May 20, 2024 |
| Credit to Demat Account: | May 20, 2024 |
| IPO Listing Date: | May 21, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Indian Emulsifier IPO Form
How to apply Indian Emulsifier IPO? You can apply Indian Emulsifier IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Indian Emulsifier IPO in the Invest section. The other option you can apply Indian Emulsifier IPO via IPO forms download via the NSE website. Check out the Indian Emulsifier forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
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: [email protected]
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: [email protected]
Website: https://indianemulsifiers.com/
