Gem Aromatics Sets IPO Price Band at ₹309–₹325; Issue Opens August 19

• Gem Aromatics Launches ₹175 Cr Fresh Issue, 8.5 Mn OFS Shares
• Essential Oils Leader Gem Aromatics Announces Maiden IPO This Month
• Gem Aromatics Eyes Growth, Sets IPO Price Band at ₹309–₹325
• From Clove Oil to Global Markets: Gem Aromatics IPO Opens August 19

• 🌿 Gem Aromatics IPO opens Aug 19 — Price band ₹309–₹325
• 💡 Natural ingredients major Gem Aromatics hits market with IPO
• 🚀 Gem Aromatics IPO: ₹175 Cr fresh issue + 8.5M OFS shares
• 🌍 Essential oils leader Gem Aromatics IPO launches Aug 19
• 📈 Gem Aromatics IPO — tapping global demand for natural wellness

 

BILKULONLINE | Ahmedabad | 15 August 2025

Specialty ingredients manufacturer Gem Aromatics Limited has announced that it will open its Initial Public Offering (IPO) on Tuesday, August 19, 2025, with a price band of ₹309 to ₹325 per equity share of face value ₹2 each. The offer will close on Thursday, August 21, 2025.

Investors can bid for a minimum of 46 equity shares and in multiples thereafter. The IPO comprises a fresh issue of shares aggregating up to ₹1,750 million and an Offer for Sale (OFS) of up to 8.5 million equity shares by promoters and investor selling shareholders.

Speaking at a media briefing in Ahmedabad, Vipul Parekh, Chairman of Gem Aromatics, said, “The IPO marks an important milestone in our growth journey. Over the last two decades, Gem Aromatics has built strong leadership in essential oils and aroma derivatives. With this issue, we aim to strengthen our balance sheet and fuel expansion to meet growing domestic and global demand.”

Yash Parekh, Managing Director & CEO, highlighted the company’s diverse product portfolio:

“We are proud to be one of India’s leading processors of Piperita oil, Clove oil, Eugenol, and Eucalyptus oil. Our products are widely used in oral care, cosmetics, nutraceuticals, pharmaceuticals, and wellness solutions. The IPO will enable us to broaden our R&D and manufacturing capabilities while deepening customer relationships worldwide.”

The company reported a 11.38% rise in revenues to ₹503.95 crore in FY25, compared to ₹452.45 crore in FY24. Net profit grew 6.55% to ₹53.38 crore during the same period.

Suraj Shah, Deputy CFO, underlined the financial momentum:

“Our steady growth in both revenues and profitability reflects operational efficiencies, scale, and long-standing customer partnerships. This offering positions us well to capitalize on export opportunities, especially given our status as a Three Star Export House.”

Gem Aromatics counts global and domestic giants such as Colgate-Palmolive, Dabur, Patanjali Ayurved, SH Kelkar, Rossari Biotech, Symrise, and dōTERRA among its customers. In FY25, it supplied products to 225 domestic clients and 44 international customers across 18 countries.

The company operates three manufacturing facilities in Budaun (Uttar Pradesh), Silvassa (Dadra & Nagar Haveli and Daman & Diu), and Dahej (Gujarat).

Dinesh TV, COO, emphasized the scale-up potential:

“Our manufacturing network across key regions ensures cost efficiency, reliability, and proximity to raw material sources. With increasing demand for natural and sustainable ingredients globally, we see significant room for expansion.”

The IPO will be managed by Motilal Oswal Investment Advisors Limited as the sole book-running lead manager, while KFin Technologies Limited will act as registrar.The Offer will be made through the book-building process:

• Not more than 50% for Qualified Institutional Buyers (QIBs)
• At least 15% for Non-Institutional Investors (NIIs)
• At least 35% for Retail Investors

Disclaimer: This report is for informational purposes only and should not be considered investment advice.

• Kindly Like the shared links and Subscribe BILKULONLINE channel.
• https://youtube.com/shorts/bu5CQOPkBkM?feature=share
• https://youtube.com/shorts/xk7xZ8GC48c?feature=share
• https://youtu.be/gCwLGSOhIeU