Updated 21 August 2025 at 10:24 IST
Gem Aromatics IPO - Know Price Band, GMP, Issue Size and Other Details
Gem Aromatics’ Rs 451.25 crore IPO closes today, with strong investor interest across categories. The Grey Market Premium (GMP) hints at an 8% premium over the issue price band of Rs 309–325. Backed by Motilal Oswal, the fragrance ingredients maker is set to list on BSE and NSE on August 26
Gem Aromatics Limited’s initial public offering (IPO) is a book-built issue worth Rs 451.25 crore.
The issue comprises a fresh issue of 0.54 crore shares aggregating to Rs 175 crore and an offer for sale (OFS) of 0.85 crore shares worth Rs 276.25 crore. The IPO, which opened on August 19, 2025, will close for subscription on August 21, 2025.
Gem Aromatics IPO Price Band
The company has set the price band between Rs 309 and Rs 325 per share. Motilal Oswal Investment Advisors Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is acting as the registrar of the issue.
Gem Aromatics IPO GMP Today
According to market tracker websites, the Gem Aromatics IPO Grey Market Premium (GMP) stood at Rs 26 per share as of August 21, 2025, 8:58 AM. Based on the upper price band of Rs 325, the estimated listing price is around Rs 351 per share, implying an 8% potential gain for investors. The company’s shares are expected to be listed on both the BSE and NSE on August 26, 2025, with the allotment date fixed as August 22, 2025.
Gem Aromatics IPO Subscription Status So Far
Live data from the BSE and NSE shows healthy investor participation:
Qualified Institutional Buyers (QIBs): 27,76,925 shares (28.57%)
Non-Institutional Investors (NIIs): 20,82,692 shares (21.43%)
Small NIIs (below ₹10 lakh): 6,94,231 shares (7.14%)
Big NIIs (above ₹10 lakh): 13,88,462 shares (14.29%)
Retail Investors: 48,59,615 shares (50.00%)
About Gem Aromatics Limited
Incorporated in October 1997, Gem Aromatics Ltd. is a manufacturer of speciality ingredients, including essential oils, aroma chemicals, and value-added derivatives. With over two decades of experience, the company serves multiple industries, including oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care.
The company positions itself as a trusted supplier of “Mother Ingredients to Value-Added Derivatives”, tapping into India’s growing demand for fragrance and flavor ingredients.
Published By : Gunjan Rajput
Published On: 21 August 2025 at 10:24 IST