| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹42.39 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹42.39 Cr |
| Fresh Issue | ₹40.26 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน125.00-132.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | IEML |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | Ekadrisht Capital Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in December 2020, Indian Emulsifier Limited is a manufacturer and supplier of Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers.
The product line of the company includes the following
The Company supplies specialty chemicals to a wide range of industries, including Mining, Textile, Cleaning, PVC/Rubber, Personal Care, Food, and others.
Indian Emulsifier Limited offers over 40 speciality chemicals and intermediates for various industries such as mining, textile, cleaning, PVC/rubber, personal care, and food.
The Company is as ISO 9001:2015 certified company.
The company operates a manufacturing plant located in Ratnagiri, Maharashtra. The facility has a production capacity of 4,800 metric tons per annum, which has been increased from 2,400 MT per annum by the installation of additional reactors. The plant is equipped with process control, an innovative R&D center, quality control, and application laboratories.
The company has two warehouses one situated in Raigad, Maharashtra and the second one in Ratnagiri Maharashtra.
As of December 31, 2023, the company has 34 full-time employees, including key managerial personnel.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards purchase of Plant & Machinery, Civil work and installation cost thereon | 20.92 |
| 2 | Funding Working Capital Requirements of the Company | 8.50 |
| 3 | General Corporate Purposes | 9.79 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 61.77 | 34.32 | 19.10 | 0.60 |
| Total Income | 48.70 | 41.18 | 17.68 | |
| Profit After Tax | 6.75 | 3.89 | 0.04 | -0.00 |
| NET Worth | 26.36 | 12.04 | 8.15 | 0.01 |
| Reserves and Surplus | 17.35 | 3.93 | 0.04 | -0.00 |
| Total Borrowing | 22.44 | 20.30 | 10.69 | 0.59 |
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 25.61% |
| ROCE | 38.03% |
| Debt / Equity | 0.51% |
| RoNW | 25.60% |
| PAT Margin | 13.87% |
| Price to Book Value | 4.51 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.32 | 7.36 |
| P/E (x) | 30.54 | 17.93 |
| Promoter Holding | 65.25% | 48.11% |
| Market Cap | โน161.33 Cr. | |