The Gem Aromatics IPO is set to open on August 19, 2025, and will conclude on August 21, 2025. This IPO is categorized as a Book Built Issue. The company aims to raise approximately ₹451.25 crores through the IPO, which includes a fresh issue of ₹175 crores and an offer for sale of up to 8,500,000 equity shares, each with a face value of ₹2.
The price band for the Gem Aromatics IPO is established between ₹309 and ₹325 per share. The allocation for retail investors is 35%, for Qualified Institutional Buyers (QIB) is 50%, and for High Net-worth Individuals (HNI) is 15%. The listing of the Gem Aromatics IPO on the BSE and NSE is scheduled for August 26, 2025. The date for the allotment of the Gem Aromatics IPO is August 22, 2025.
In terms of financial performance, the company reported a revenue of ₹506 crores in 2025, compared to ₹454 crores in 2024. Additionally, the profit for 2025 was ₹53.38 crores, an increase from ₹50.10 crores in 2024. Based on these financial results, it is advisable for IPO investors to consider applying for the IPO with a long-term perspective.
Gem Aromatics IPO Details
| IPO Open Date: | August 19, 2025 |
| IPO Close Date: | August 21, 2025 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹309 to ₹325 Per Share |
| Issue Size: | Approx ₹451.25 Crores |
| Fresh Issue: | Approx ₹175 Crores |
| Offer for Sale: | Approx 85,00,000 Equity Shares |
| Lot Size: | 46 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Gem Aromatics IPO Market Lot
The Gem Aromatics IPO minimum market lot is 46 shares with ₹14,950 application amount. The retail investors can apply up-to 13 lots with 598 shares of ₹1,94,350 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 46 | ₹14,950 |
| Retail Maximum | 13 | 598 | ₹1,94,350 |
| S-HNI Minimum | 14 | 644 | ₹2,09,300 |
| B-HNI Minimum | 67 | 3,082 | ₹10,01,650 |
Gem Aromatics IPO Dates
The Gem Aromatics IPO date is August 19 and the close date is August 21. The Gem Aromatics IPO allotment will be finalized on August 22 and the IPO listing on August 26.
| IPO Open Date: | August 19, 2025 |
| IPO Close Date: | August 21, 2025 |
| Basis of Allotment: | August 22, 2025 |
| Refunds: | August 25, 2025 |
| Credit to Demat Account: | August 25, 2025 |
| IPO Listing Date: | August 26, 2025 |
Promoters of Gem Aromatics IPO
The individuals behind the company include Vipul Parekh, Kaksha Vipul Parekh, Yash Vipul Parekh, and the Parekh Family Trust.
About Gem Aromatics IPO
Established in October 1997, Gem Aromatics Limited is recognized as a leading manufacturer of specialty ingredients in India, which encompasses essential oils, aroma chemicals, and Value-Added Derivatives. With over 20 years of experience in the fragrance and flavor sector, the company boasts a diverse portfolio that includes oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care products.
Gem Aromatics provides a range of 70 products categorized into four segments: mint derivatives, clove derivatives, phenol, and various synthetic and natural ingredients. The company operates on a B2B model, distributing its products through direct sales, its US subsidiary Gem Aromatics LLC, and third-party agencies. The significant growth of the company can be attributed to its 13-member R&D team, which employs advanced technology to improve Value-Added Derivative formulations as of March 31, 2025. The company serves major markets in America, Asia, Africa, and Australia. As of FY25, Gem Aromatics has established relationships with 225 customers, including 44 international clients across 18 countries.
Gem Aromatics Financial Report
The company reported revenue of ₹506 crores in 2025 against ₹454 crore in 2024. The company reported profit of ₹53.38 crores in 2025 against Profit of ₹50.10 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹425 | ₹369 | ₹44.67 | ₹296 |
| 2024 | ₹454 | ₹387 | ₹50.10 | ₹369 |
| 2025 | ₹506 | ₹431 | ₹53.38 | ₹535 |
Gem Aromatics IPO Valuation – FY2025
Check Gem Aromatics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 18.80% |
| ROCE: | 16.02% |
| EBITDA Margin: | 17.55% |
| PAT Margin: | 10.56% |
| Debt to equity ratio: | 0.78 |
| Earning Per Share (EPS): | ₹11.39 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 18.80% |
| Net Asset Value (NAV): | ₹60.61 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Clean Science and Technology | 24.88 | 57.33 | 18.67 | 133.29 | 967 Cr. |
| Privi Speciality Chemicals | 47.87 | 50.51 | 16.95 | 282.47 | 2101 Cr. |
| Camlin Fine Sciences | (8.03) | – | (16.01) | 46.23 | 29 Cr. |
| Yasho Industries | 5.32 | 374.92 | 1.46 | 348.09 | 199 Cr. |
| S H Kelkar and Company | 5.40 | 42.33 | 5.83 | 90.66 | 23 Cr. |
| Oriental Aromatics | 10.20 | 36.97 | 5.20% | 196.20 | 38 Cr. |