May 22, 2024
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Indian Emulsifier IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Table of Contents
Indian Emulsifier IPO Post Listing Review:
Listed at Rs. 430, premium of 225.76% over the issue price of Rs. 132. The listing has been very much above the expectations of the grey market players.
What was the last GMP of Indian Emulsifier IPO?*
Premium: Rs. 240
Subject to Rs 182400
Check Subscription status of Indian Emulsifier IPO
On 16 May 2024 @ 5.00 (Day 4) (Closed)
Review:
QIB: 175.95 T
NII: 779.63 T
RII: 484.66 T
Total: 460.07 T
Application: 518586
Amount wise Subscription: Rs. 18522 Crore
What is the business of Indian Emulsifier?
Incorporated in the year 2020, the company is in the business of Manufacturing and Supplying of 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 on March 31, 2023 and 3,600 MT per annum for the period ended December 31, 2023, equipped with process control, innovative R&D centre, Quality Control and Application Laboratories. and its Registered office at Shop 206, Floor 2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai 400 018, Maharashtra, India.
The Company got ISO Certified in the year 2021 as ISO 9001:2015. We are manufacturing the Specialty chemicals industry, with a focus on Esters, Phosphate Esters, Imidazolines, Succinimides, Sulfosuccinates, Specialty Emulsifiers and formulated products. The Company serve specialty chemicals to wide range of industries such as Mining, Textile, Cleaning Industry, PVC (Poly Vinyl Chloride)/ Rubber, Personal Care, Food and Other Industries.
The manufacturing facility has a production capacity of 4,800 metric tons per annum the capacity has been increased from 2400 MT per annum to 4,800 MT per annum due to additional Reactors installed, equipped with process control, innovative R&D centre, Quality Control and Application Laboratories. Operations at the facility are managed by an able and motivated team of highly qualified technical personnel, having expertise in their individual fields. Multipurpose facility designed to have a high degree of flexibility to meet customer needs. Multiple high-pressure stainless-steel reactors equipped to deliver
yields from 100 Kg to 8,000 kg per batch providing high level of flexibility. The facility can carry out reactions at temperatures ranging from 10 C to 250 C and pressure 5 kg to 8kg/cm, the reactors are equipped with condenser, vacuum arrangement and receiver and high speed stirred reactor.
Get more information about the company @ https://indianemulsifiers.com/
| Indian Emulsifier IPO Details | |
| IPO opens on | 13 May 2024 |
| IPO closes on | 16 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 3111000 Shares / Rs 42.39 Crore |
| * Fresh Issue | 3111000 Shares / Rs 42.39 Crore |
| * Offer for Sale | – Sh /Rs – Cr |
| Market Maker Portion | 161000 Shares |
| Net offer to Public | 3050000 Shares/ Rs.40.26 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.125-132 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1000 Shares |
| Listing will at | NSE SME |
| Shares offered in Indian Emulsifier IPO | ||
| Shares | Rs. (Crore) | |
| QIB (50%) | 1525000 | 20.13 |
| NII (15%) | 457500 | 6.04 |
| RII (35%) | 1067500 | 14.09 |
| Total Shares | 3050000 | 40.26 |
| Retail portion will be oversubscribed by | 1068 | |
| Forms | ||
| How much Shares to Apply in Indian Emulsifier IPO? | ||
| Min Retail Application | 1000 Shares | Rs. 132000 |
| Min HNI Application | 2000 Shares | Rs.264000 |
Who are the Promoters of Indian Emulsifier IPO?
The promoter of the company is Yash Tikekar.
What are the Objects of Indian Emulsifier IPO?
The Offer comprises only of a Fresh Issue of Equity shares.
The objects of the present issue of Equity Shares are:
1.Funding of capital expenditure requirements of the Company towards Plant & Machinery, Civil work and installation cost thereon;
2.Funding Working Capital Requirements of our Company;
3.General corporate purposes
| Indian Emulsifier IPO Tentative timetable | |
| IPO opens on | 13 May 2024 |
| IPO Closes on | 16 May 2024 |
| IPO Allotment on | 17 May 2024 |
| Refund Initiation | 20 May 2024 |
| Credit of Shares | 20 May 2024 |
| Listing on | 22 May 2024 |
| Registered Office of the Company Indian Emulsifier Limited Shop 206, Foor-2, Sumer Kendra, Shivram Seth Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli Mumbai-400018 |
| Who is the Lead Manager of Indian Emulsifier IPO? Ekadrisht Capital Private Limited |
| Who is the Registrar to IPO? Maashitla Securities Private Limited |
| Indian Emulsifier IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Crore | Rs. | % | |
| 2020-21 | – | – | – | – |
| 2021-22 | 17.68 | 0.04 | 0.07 | 0.53 |
| 2022-23 | 41.18 | 3.89 | 6.48 | 32.34 |
| Book Value of the Share on | 31.03.2023 | Rs 14.85 | ||
| BV of the Share at cap price | after the IPO | Rs. | ||
| Offer Price/upper band | Rs. 132 | |||
| Indian Emulsifier IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 20.37 |
| Price/BV Ratio | 8.89 |
| Upper price/BV after IPO | – |
How Indian Emulsifier IPO compares with the Peers?
| As per DRHP | FV | Total Income | PE Ratio |
| Rs. | In Cr. | @ | |
| Indian Emulsifier | 10 | – 20.37 | |
| Fine Organics Ind. | 5 | – | 22.84 |
| Fineotex Chemicals | 2 | – | 79.57 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Indian Emulsifier IPO To the point Guidance
Incorporated in the year 2020, the company is in the business of Manufacturing and Supplying of 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 on March 31, 2023 and 3,600 MT per annum for the period ended December 31, 2023, equipped with process control, innovative R&D centre, Quality Control and Application Laboratories. and its Registered office at Shop 206, Floor 2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai 400 018, Maharashtra, India.
Size: The net offer is of Rs. 40.26 Crore/3050000 shares. Retail portion is Rs. 14.09 crore and it can get one time subscribed with 1067 applications. Though the size of the IPO is normal and over subscription may not be an issue.
Financial Snapshot: The company has strong and growing business. Sales and profits are impressive. The shares are offered at attractive valuation. Apply.
Quicklinks
Indian Emulsifier IPO GMP today details?
Indian Emulsifier IPO
Indian Emulsifier IPO FAQs
What is Indian Emulsifier IPO?
Indian Emulsifier is a SME IPO of 3211000 equity shares of the face value of Rs. 10 aggregating up to Rs.42.39 Crores. The issue is priced at Rs.125-132 per share. The minimum order quantity is 1000 Shares.
When will Indian Emulsifier IPO open?
Indian Emulsifier IPO opens on May 13, 2024, and closes on May 16, 2024.
What is the lot size of Indian Emulsifier IPO?
Indian Emulsifier IPO lot size is 1000 Shares, and the minimum amount required is Rs.132000.
How to apply for Indian Emulsifier IPO?
You can apply in Indian Emulsifier IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Indian Emulsifier IPO allotment?
The finalization of Basis of Allotment for Indian Emulsifier IPO will be done on May 17, 2024, and the allotted shares will be credited to your demat account by May 20, 2024.
When is Indian Emulsifier IPO listing date?
Indian Emulsifier IPO listing date is May 22, 2024.
