Gem Aromatics IPO lists on the exchange at 2.5 % premium
Mumbai, August 26, 2025: Shares of Gem Aromatics Limited listed on the exchange at a 2.5% premium.
The scrip listed at Rs 325 and Rs 333.10 per share on the BSE and NSE respectively. The company’s share price closed at Rs 319 per share on the BSE, and at Rs 322.9 per share on the NSE.
As per NSE, the total quantity traded stood at 91.53 lakh shares, on BSE the total Quantity stood at 10.59 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 343.30 crore.
The company had offered Rs 451.25 crore issue for subscription from August 19 to August 21. This garnered substantial interest, and the offer was subscribed 30.27 times. Qualified Institutional Investors Portion and Non-institutional investor portion were subscribed 55.28 times and 45.06 times respectively. Retail Investors Portion was subscribed 10.3 times.
Gem Aromatics Limited is an established manufacturer of specialty ingredients, including, essential oils, aroma chemicals and Value-Added Derivatives in India with a track record of over two decades. It offers a diversified portfolio of products, ranging from the Mother Ingredients to its various Value-Added Derivatives. Its products find application across a broad spectrum of industries, such as, oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness and pain management and personal care.
Its track record, diverse product portfolio and brand recall that has helped the company establish several leadership positions within its product portfolio, for instance, in India, it has a dominant presence in essential oil-based products and derivatives that are manufactured from mint, clove, eucalyptus oils and other essential oils.
During FY 2025 in India, it is one of the largest procurers of Piperita oil, and one of the largest processors of DMO, Clove oil, Eugenol and Eucalyptus Oil in terms of volume manufactured. (Source: F&S Report) As on FY 2025, its share of DMO and Eugenol in India was 12% and 65%, respectively, in terms of volume manufactured. (Source: F&S Report).
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