Gemini Edibles IPO rec’d Sebi nod

December 5, 2021 admin 1 Reply Post Comment

Gemini Edibles & Fats India IPO analysis @ Chanakyanipothi.com , India`s Oldest & most Trusted Investment Blog.Operational since 8th December 1999, We are the Only Investment Platform in India, which has successfully completed 21 Years

Gemini Edibles Grey Market News Today #
On
Grey Market Premium Rs. –
Application Rates :Rs. –
Subject to Rates : Rs. –

Gemini Edibles Company Details
India’s edible oil consumption is estimated to be approximately 21 million MT for the OY 2020 (i.e., from November 2019 to October 2020) and is forecasted to grow to 25 million MT by OY 2025. The growth in edible oil consumption in India will primarily be driven by increasing per capita consumption and a growing population. India’s per capita consumption of edible oil is estimated to be 16 kgs to 17 kgs per annum versus the world average of 24 kgs per annum, which suggests significant opportunity for growth. In recent years, there has been a shift in consumption in India towards branded edible oils due to increasing health and hygiene consciousness, government policies, convenience and increasing purchasing power.
Gemini Edibles is headquartered out of Hyderabad, India and it is one of the leading and the fastest growing edible oils and fats companies in India. The Company is engaged in the business of
manufacturing, distribution and branding of edible oils and specialty fats in India. It is the market leaders in the sunflower oil category with our ‘Freedom’ brand, in the states of Telangana, Andhra
Pradesh, and Odisha, and hold the third largest market share in the state of Karnataka.
Despite being a regional player, we are amongst the top two companies by market share in the branded sunflower oil category on a pan-India basis as of Fiscal 2021. Its range of edible oils and fats are sold to its customers under three verticals, i.e., branded retail consumer, industrial consumer and bulk merchandising.
For more information, click : www.gefindia.com

The Promoters of Gemini Edibles
Pradeep Kumar Chowdhary, Alka Chowdhary. Goldner Agri International Enterprises Pte ltd & Golden Agri International Pte ltd

Gemini Edibles IPO Main Objects
The Offer comprises only of an Offer for Sale.

Gemini Edibles IPO Details
IPO opens on ? Dec, 2021
IPO closes on ? Dec,2021
Issue Type: Book Built Issue IPO
Issue : up to ? Shares /Rs 2500 Crore
* Offer for Sale Up to ? Sh/ Rs. 2500 Cr

Face Value per share : Rs. 1

Gemini Edibles IPO Price Band Per Equity Share: Rs. (?)
Gemini Edibles IPO Retail Lot Size (?) Shares
Gemini Edibles Listing will at BSE,NSE

Shares offered to
QIB (?%) ?Shares = Rs (?) Cr
NII (?%) ?Shares = Rs (?) Crs
RII (?%) ? Shares = Rs (?) Crs
Lot size: (?) Shares = (?) Forms
Min Retail Application : (?) Sh , Rs. (?)
Max Retail Application : (?) Sh, Rs (?)

Gemini Edibles IPO Tentative timeTable
Gemini Edibles IPO Allotment on ? Dec 2021
Unblocking of ASBA ? Dec 2021
Credit to Demat Accounts ? Dec 2021
Data Patterns Listing on ? Dec 2021

Gemini Edibles IPO Financial Analytical Ratios
Earnings per Share 2019-20 Rs 18.07
Earnings per Share 2020-21,Rs 55.48
Earnings per Share 2021-22 6M Rs ?
Book Value of the Share as on 31.3.2021 Rs 157.92
Return on Net Worth: 19-20 17.60 %
Return on Net Worth: 20-21: 35.10 %
Return on Net Worth: 20-21 6M:( N.A.) %
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio:
Equity Shares prior to the IPO : 102,875,080 Shares

Gemini Edibles IPO Peer Comparison:
Marico @ PE Multiple of 58.12
Marico Limited @ PE Multiple of 75.79

Gemini Edibles IPO Lead Managers
Axis Capital , Credit Suisse Securities (India),Kotal Mahindra Capital,Nomura Financial Advisory
Registrar to Electronics Mart IPO
Kfin Technologies India pvt ltd

Registered Office of Gemini Edibles
“Freedom House”, 8-2-334/70 & 71, Opposite SBI Executive Enclave, Road No.5, Banjara Hills, Hyderabad 500 034
Company Secretary & Compliance Officer : Rajesh Kumar Aggarwal

#This is only coverage of News related to Grey Market . We donot deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.