IPO

Indian Emulsifiers Ltd. IPO

Indian Emulsifiers Ltd., established in 2020, operates in the Chemicals - Speciality sector. The company's IPO opened on May 13, 2024 and closed on May 16, 2024, with an issue price of ₹132. The ... Read more

Min Investment
₹ 1,32,000 / 1000 shares
Price Range
₹125 - ₹ 132
Bidding Dates
13 May '24 - 16 May '24
Total Issue Value
42.39 Cr
Lot Size
1,000
Total Issue Size
42.39 Cr
Listing At
NSE SME
Subscription
469.14 times
NSE Price
228.70 (73.26%)

IPO Timeline

  • 13 May 2024
    Bidding Starts
  • 16 May 2024
    Bidding Ends
  • 17 May 2024
    Allotment Finalization
  • 22 May 2024
    Listing

About Indian Emulsifiers Ltd.

The Company was incorporated with the objective of Manufacturing and Supplying of Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The Company has its manufacturing plant at Plot No. E-10 MIDC, Lote Parshuram, Tal. Khed, ... Read more

Parent organisation
Founded
Indian Emulsifiers Ltd.
2020

Indian Emulsifiers Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 9,15,000 (28.5%)
Market Makers 1,61,000 (5.01%)
Non Institutional Investors 4,57,500 (14.25%)
Qualified Institutional Buyers (QIBs) 6,10,000 (19%)
Retail Individual Investors (RIIs) 10,67,500 (33.25%)

Indian Emulsifiers Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 66.71 Cr 8.82 Cr 19.43 Cr
31 Mar 2023 41.18 Cr 3.89 Cr 3.93 Cr
31 Mar 2022 17.68 Cr 4.30 Lakh 3.93 Lakh

Indian Emulsifiers Ltd. Background

Our Company was originally incorporated as Private Limited, under the Companies Act, 2013 (“Companies Act”) in the name and style of “Indian Emulsifier Private Limited” on December 05, 2020 under the provisions of the Companies Act, 2013 vide Certificate of Incorporation ...

Read more

Major Events And Milestones
  • 2020
    Incorporation of our company viz. “M/s Indian Emulsifier Private Limited”.
  • 2021
    ISO 9001:2015 in accordance with Quality Research Organization.
  • 2024
    Conversion of our Company from Private Limited to Public Limited Company
Indian Emulsifiers Ltd. Object of Issues

1. Funding of Capital Expenditure requirements of our Company towards purchase of Plant & Machinery, Civil work and installation cost thereon.
2. Funding Working Capital Requirements of our Company
3. General Corporate Purposes

Indian Emulsifiers Ltd. IPO Listing Details
Listing Date
22 May 2024
NSE Symbol
IEML
ISIN
INE0RRU01016
Final Issue Price
₹ 132
Indian Emulsifiers Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 132.00
Open - ₹ 430.00
Low - ₹ 410.00
High - ₹ 451.50
Last Trade - ₹ 451.50
Indian Emulsifiers Ltd. Company Promoters

1. Yash Tikekar

Industry Overview

The anticipated global real GDP growth for 2023 has been revised slightly upward to 3.2% from our November projections, indicating a modest 0.1% increase. As we approach the finalization of 2023 data with the release of Q4 numbers in February, the current trajectory of growth has notably outpaced ... Read more

Indian Emulsifiers Ltd. Contact Details
Address: Shop 206, Foor-2, Sumer Kendra, Shivram Seth Amrutwar Road, Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai Maharashtra - 400018
Phone no:47838021
47838021
|
Indian Emulsifiers Ltd. IPO Registrar
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034
45121795, 45121796
Indian Emulsifiers Ltd. IPO Lead Manager(s)
Ekadrisht Capital Pvt. Ltd.
1102, Summitt Business Bay, Chakala, Andheri Kurla Road, Andheri (East), Mumbai Maharashtra - 400093
8928631037

FAQs

When does Indian Emulsifiers Ltd. IPO opens and closes?

Indian Emulsifiers Ltd. IPO opens from 13th May to 16th May 2024.

What is the size of Indian Emulsifiers Ltd. IPO?

The size of the Indian Emulsifiers Ltd. IPO is ₹42.39 Cr.

What is the price range of Indian Emulsifiers Ltd. IPO?

The price range of Indian Emulsifiers Ltd. IPO is at ₹125 to ₹132 per share.

What is the minimum investment and lot size required for the Indian Emulsifiers Ltd. IPO?

The minimum investment required is ₹1,32,000 and minimum lot size is 1000 shares.

When is Indian Emulsifiers Ltd. IPO listing date?

The Indian Emulsifiers Ltd. IPO will be listed on 22nd May 2024.

What is the objective of Indian Emulsifiers Ltd. IPO?

1. Funding of Capital Expenditure requirements of our Company towards purchase of Plant & Machinery, Civil work and installation cost thereon.
2. Funding Working Capital Requirements of our Company
3. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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