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SME IPO Status: Closed [13th May 2024 to 16th May 2024]
Indian Emulsifier IPO, a SME IPO of ₹42.39 Cr opens for subscription from 13-05-2024 to 16-05-2024. The IPO consists of ₹42.39 Cr fresh issue.
The face value is Rs 10 and the price band is fixed at 125.00-132.00 per share. You can apply to the Indian Emulsifier SME IPO for a minimum lot of 1000 shares amounting of Rs 132000.
The tentative listing date on the exchange (NSE SME) is 22-05-2024.Stay tuned with us to get more details about Indian Emulsifier SME IPO including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
| SME IPO Issue Opening Date: | 13th May 2024 |
| SME IPO Issue Closing Date: | 16th May 2024 |
| SME IPO Issue Price: | ₹125.00-132.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not Less than 35% of the Net Issue |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹42.39 Cr |
| Fresh Issue: | ₹42.39 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 65.25% |
| Promoter Holding Post IPO: | 48.11% |
| Allotment Status: | Allotment Status |
Get important updates regarding Indian Emulsifier SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 17th May 2024 |
| Refunds Initiation* | 21st May 2024 |
| Credit of Shares to Demat* | 21st May 2024 |
| SME IPO Listing Date* | 22nd May 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹125.00-132.00 |
| Market Lot: | 1000 Shares |
| 1 Lot Amount: | ₹132000 |
| Min HNI Lots: | 2000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 19-05-2024 | 132.00 | 240 | 182400 | ₹372 (181.82%) | 19-May-2024 17:59 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Indian Emulsifiers Limited was incorporated in December 2020 and this company has its manufacturing facility at Plot No. E-10 MIDC, Lote Parshuram, Tal. Khed, Ratnagiri 415 722, Maharashtra, India since inception. The plant has a production capacity of 4,800 MT per annum as on March 31, 2023 and 3,600 MT per annum for the period up to December 31, 2023*, equipped with process control, innovative R&D centre, quality control and application laboratories. and its registered office at Shop 206, Floor 2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai 400 018, Maharashtra, India.
It manufactures specialty chemicals with focus on esters, phosphate esters, imidazolines, succinimides, sulphosuccinates, specialty emulsifiers and formulated products. The company supplies specialty chemicals to a variety of industries, including mining, textile, cleaning, PVC (polyvinyl chloride)/rubber, personal care, food and other industries.
| Incorporation | Sector | IPO Issue Size | Website |
| 2020 | Specialty Chemicals | ₹42.39 Cr | https://indianemulsifiers.com/ |
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 610,000 (28.5%) | 460,000 (21.5%) | 1,070,000 (50%) | 2,140,000 | |
| 1 | 13th May 2024 19:31 | 0.04x | 7.10x | 15.10x | 9.09x |
| 2 | 14th May 2024 19:31 | 0.14x | 29.06x | 63.18x | 37.88x |
| 3 | 15th May 2024 19:31 | 0.47x | 96.92x | 176.93x | 109.43x |
| 4 | 16th May 2024 18:21 | 175.95x | 779.63x | 484.66x | 460.07x |
Indian Emulsifier Limited's revenue increased by 132.9% and profit after tax (PAT) rose by 8935.73% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 6,176.63 | 3,432.26 | 1,910.22 | 59.72 |
| Revenue | 4,870.16 | 4,118.35 | 1,768.31 | |
| Profit After Tax | 675.01 | 389.44 | 4.31 | -0.37 |
| Net Worth | 2,636.35 | 1,204.35 | 814.94 | 0.63 |
| Reserves and Surplus | 1,735.22 | 393.34 | 3.93 | -0.37 |
| Total Borrowing | 2,244.45 | 2,030.44 | 1,068.54 | 58.91 |
| Amount in ₹ Lakhs | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Indian Emulsifier Limited | 6.48 | 14.85 | 32.34 | Standalone | ||
| Fine Organic Industries Ltd | 192.63 | 99.29 | 22.84 | 38.8 | Standalone | |
| Fineotex Chemical Ltd. | 4.7 | 24.34 | 79.57 | 19.3 | Standalone |
Last Updated on 19-May-2024 17:32:56
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Indian Emulsifier SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Indian Emulsifier SME IPO with Zerodha.
Alternate approch to apply in Indian Emulsifier SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Indian Emulsifier SME IPO Review and Important Updates
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To subscribe or apply in Indian Emulsifier SME IPO, you can use the following methods:
| Indian Emulsifier SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Indian Emulsifier SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Indian Emulsifier SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Indian Emulsifier SME IPO. Most of the Syndicate Banks provide access to apply in Indian Emulsifier IPO via ASBA process. You must have your net banking access, DP ID information to apply in Indian Emulsifier SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Indian Emulsifier SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Indian Emulsifier SME IPO Review and Important Updates
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Indian Emulsifier SME IPO is going to be list on 22-05-2024.
Other relevant questions:
When Indian Emulsifier SME IPO will be listing? Indian Emulsifier SME IPO listing date?Indian Emulsifier SME IPO date of listing
Indian Emulsifier SME IPO Allotment Date is 17-05-2024.
Other relevant questions:
Indian Emulsifier SME IPO share allotment date?Indian Emulsifier SME IPO allotment date?
