Indian Emulsifier IPO: Date, Price, Allotment Details & Review
Get ready for Indian Emulsifier IPO! This NSE SME offering opens for subscription on May 13, 2024, and runs until May 16. Aiming to raise ₹42.39 crores, the IPO features a fixed price of ₹125 – ₹132 per share, with a minimum investment of 1000 shares.
Table of Contents
Information About Indian Emulsifier IPO
Indian Emulsifiers: Established in 2020, Indian Emulsifiers is a rapidly growing company dedicated to manufacturing and supplying high-quality specialty chemicals. Their core products include esters, amphoterics, phosphate esters, imidazolines, wax emulsions, and SMO & PIBSA emulsifiers.
The company operates a state-of-the-art manufacturing plant located in Ratnagiri, Maharashtra, India. As of March 31, 2023, the facility boasted a production capacity of 4,800 metric tons per annum, demonstrating their commitment to scaling their operations. Notably, the plant boasts advanced features like process control systems, an innovative R&D center, quality control labs, and application laboratories, ensuring consistent production of top-tier products. Their registered office is situated in Worli, Mumbai, Maharashtra.
Driven by a vision to become a pioneer in the specialty chemicals industry, Indian Emulsifiers prioritizes innovation and quality. They achieved ISO 9001:2015 certification in 2021, signifying their commitment to maintaining rigorous quality standards. Their product portfolio caters to diverse industries, including mining, textiles, cleaning, PVC/rubber, personal care, food, and more.
How Indian Emulsifier Plans to Use the IPO
The funds raised through the Indian Emulsifier IPO will be strategically allocated to fuel the company’s growth:
- Expanding Production Capacity: A significant portion will be directed towards acquiring new plant and machinery, along with associated civil work and installation costs. This investment aims to increase production capacity and meet growing demand.
- Enhancing Working Capital: The IPO will also help strengthen the company’s working capital. This ensures they have sufficient resources to manage day-to-day operations, purchase raw materials, and maintain smooth business functions.
- General Corporate Purposes: A portion of the funds will be used for broader corporate objectives that may include strategic investments, research and development initiatives, or potential acquisitions to further their position in the specialty chemicals market.
Indian Emulsifier IPO: A Deep Dive (Invest or Wait?)
- To be updated soon
Indian Emulsifier IPO Wave: Dates, Price Band & More
IPO Category | Date & Price Details |
---|---|
IPO Open: | May 13, 2024 |
IPO Close: | May 16, 2024 |
IPO Size: | Approx ₹42.39 Crores, 3,211,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹125 to ₹132 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the net offer |
QIB Quota: | 50% of the net offer |
NII Quota: | 15% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Indian Emulsifier IPO Market Lot
To participate in the Indian Emulsifier IPO, investors need to commit to a minimum investment of ₹132,000, which corresponds to purchasing 1000 shares. This sets the entry barrier for potential investors.
Application | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | 1000 | ₹132,000 |
Retail Maximum | 1 | 1000 | ₹132,000 |
S-HNI Minimum | 2 | 2000 | ₹264,000 |
Indian Emulsifier IPO Allotment & Listing Dates
Indian Emulsifier IPO opens for subscription on May 13 and closes on May 16, 2024. Brace yourself for the potential listing on May 21, following the allotment on May 17.
IPO Category | Date |
---|---|
IPO Open Date: | May 13, 2024 |
IPO Close Date: | May 16, 2024 |
Basis of Allotment: | May 17, 2024 |
Refunds: | May 20, 2024 |
Credit to Demat Account: | May 20, 2024 |
IPO Listing Date: | May 21, 2024 |
Track your IPO journey: Check subscription status to see investor interest, then follow up with allotment status to see if you received shares.
Apply for the Indian Emulsifier IPO: ASBA vs. Offline Form
There are two convenient ways to apply for the Indian Emulsifier IPO:
1. Apply Online via ASBA (Recommended):
This method is secure and eliminates the need for physical forms. Here’s how:
- Login to your net banking portal.
- Navigate to the “Investments” or “IPO” section (may vary depending on your bank).
- Find the Indian Emulsifier IPO and select “Apply.”
- Utilize the ASBA facility to ensure funds are debited only if shares are allotted.
- Follow the on-screen instructions to complete your application.
2. Apply Offline Using NSE Form (Optional):
While ASBA is preferred, you can also apply using a physical form:
- Download the Indian Emulsifier IPO application form.
- Fill out the form carefully and completely.
- Submit the form to your bank or broker according to their instructions.
Important Note:
- The IPO application window for Indian Emulsifier is open from May 13th, 2024, to May 16th, 2024. Don’t miss out!
Indian Emulsifier Company Financial Report
₹ in Crores | |||
---|---|---|---|
Year | Revenue | Expense | PAT |
2022 | ₹17.68 | ₹17.56 | ₹0.04 |
2023 | ₹41.18 | ₹36.55 | ₹3.89 |
Dec 2023 | ₹48.70 | ₹40.56 | ₹6.75 |
Indian Emulsifier IPO Valuation – FY2023
Let’s delve into the valuation metrics for Indian Emulsifier recent IPO. Key aspects to consider include its Earning Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
IPO Valuation | Details |
---|---|
Earning Per Share (EPS): | ₹6.48 per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 32.34% |
Net Asset Value (NAV): | ₹14.85 per Equity Share |
Peer Group
- Fine Organic Industries Limited
- Fineotex Chemical Limited
Company Promoters
- Yash Tikekar
Indian Emulsifier IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/
Indian Emulsifier IPO Allotment
Ready to see if you scored shares in Indian Emulsifier IPO? Head over to Maashitla Securities website and check your allotment status using the dedicated IPO portal. Click Here
Indian Emulsifier IPO Lead Managers aka Merchant Bankers
- Ekadrisht Capital Private Limited
Company Address
Indian Emulsifier Limited
Shop 206, Foor-2, Sumer Kendra, Shivram Seth
Amrutwar Road Near Doordarshan Kendra,
Off Pandurang Budhwar Marg, Worli Mumbai-400018,
Phone: 022-4783 8021
Email: info@indianemulsifiers.com
Website: https://indianemulsifiers.com/
FAQs – Indian Emulsifier IPO
What is Indian Emulsifier IPO?
Indian Emulsifier is gearing up for a major main-board IPO, aiming to raise a substantial ₹42.39 crores. The offer is priced competitively between ₹125 and ₹132 per share, making it an attractive proposition for investors. Upon successful completion, Indian Emulsifier will debut on the NSE, granting wider access to trade its shares.
When is the opening date for the Indian Emulsifier IPO?
Mark your calendars! Indian Emulsifier IPO kicks off on May 13, 2024, offering participation to QIBs, NIIs, and retail investors.
What is the Investors Portion of Indian Emulsifier IPO?
QIBs at 50% share, take the lead in investor allocation, followed by NIIs at 15% and retail investors at 35%.
What is Indian Emulsifier IPO Size?
The IPO size of Indian Emulsifier amounts to ₹42.39 crores.
What is the Price Range for Indian Emulsifier IPO?
Indian Emulsifier IPO offered shares at a price ranging from ₹125 to ₹132.
What is the Allotment Date for the Indian Emulsifier IPO?
The allotment date for the Indian Emulsifier IPO is scheduled for May 17, 2024.
When is the listing date for the Indian Emulsifier IPO?
Indian Emulsifier IPO is set to debut on NSE SME on May 21, 2024.
Note: The price range and date of the Indian Emulsifier IPO have been formally announced. The Indian Emulsifier IPO Premium will be added to the IPO grey market page as soon as it launches.