Indian Emulsifiers Limited
Book Built Issue IPO · NSE
- Price band
- ₹125 - ₹132
- Lot size
- 1,000 shares
- Issue amount
- ₹42.39 cr
- Total subscription
- 460.08×
- Opens
- 13 May 2024
- Closes
- 16 May 2024
- Allotment
- 17 May 2024
- Listing
- 22 May 2024
Offer at a glance
Issue overview
- Issue size
- 32,11,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,25,000
- Fresh issue
- ₹42.39 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 90,11,222
- Shares after issue
- 1,22,22,222
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,32,000 |
| HNI | 2 | 2,000 | ₹2,64,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.05 | 1,416.74 |
| RETAIL | 14.12 | 6,843.65 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 8.66 | 4.8 | 0.05 |
| ROE | 25.61 | 32.33 | 0.53 |
| ROCE | 38.03 | 55.5 | 7.19 |
| RONW | 25.6 | 32.34 | 0.53 |
| PRE IPO(PE) | 30.54 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in December 2020, Indian Emulsifier Limited is a leading manufacturer and supplier of specialty chemicals, including Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, and Emulsifiers like SMO & PIBSA. The company serves various industries such as mining, textiles, cleaning, PVC/rubber, personal care, and food, offering a diverse range of over 40 specialty chemicals. With an ISO 9001:2015-certified manufacturing facility in Ratnagiri, Maharashtra, the company has expanded its production capacity from 2,400 MT to 4,800 MT per year by integrating additional reactors. Their advanced process control, R&D center, quality control, and application laboratories ensure high-quality products and continuous innovation. To support efficient logistics and customer service, warehouses in Raigad and Ratnagiri help streamline supply chain operations. As of December 31, 2023, the company has 34 full-time employees, including key managerial personnel, making it a strong and growing player in the specialty chemicals industry.
Strengths
- Experienced Leadership: The company benefits from a skilled promoter and management team, ensuring strong decision-making and quick adaptation to market changes.
- Growth-Oriented Business Model: A scalable business model helps the company efficiently use resources, expand operations, and adapt to shifting market demands.
- Wide Product Range: Serving industries like mining, textiles, cleaning, PVC/rubber, personal care, and food, the company’s diverse product portfolio reduces risk and creates multiple revenue opportunities.
Risk factors
- Industry Dependence: Relying heavily on specific industries can be risky, as downturns or disruptions in these sectors may impact revenue and profitability.
- Newer Company: Founded in December 2020, the company has a limited track record, making it harder for investors to evaluate past performance or predict future growth.
- Competitive Market: The industry is highly competitive, and failing to keep up with rivals could lead to a loss of market share or reduced profits, affecting long-term growth.
Promoters
Yash Tikekar
Registrar & documents
Lead manager
Ekadrisht Capital Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Shop 206, Foor-2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli Mumbai-400018
022-4783 8021
[email protected]Company website ↗Understanding IEML IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.