Gem Aromatics IPO listing date today. GMP, experts give a modest share debut in Dalal Street today

Gem Aromatics is planning to make its debut in the Indian stock market today, after his exchange trading received an excellent response from investors during the bid period held between August 19 and August 21. The £ 451 Crore -Fixed Public Offer received a bid for 29.59 crore shares against the total offer of 97.19 Lakh shares, which led to an overall subscription of 30.45 times by the end of day 3, against exchange. The category of qualified institutional buyers (QIB) had strong interest, with its portion signed up 53 times, while the non-institutional investor quota was subscribed 45 times. The portion of the retail investors is subscribed to 10.49 times. The company proposes to use the returns from the issue for the prepayment and/or repayment, fully or in part, from certain outstanding loans used by the company and its subsidiary, Krystal Ingredients Private Limited, as well as for general corporate purposes. Analysts expect a modest listing Mr. Harshal Dasani, business chief at Invasset PMS, said the £ 451.25 Crore Stock Exchange of Gem Aromatics, consisting of a fresh equity issue of £ 175 and an offer-for-sales of £ 276.25 crore, closed with a strong investment quote, signed. He noted that qualified institutional buyers led the demand with a subscription of 53.8 ×, followed by NIIs at 46 ×, while retail participation remained in more than 10 × healthy. According to Dasani, this level of oversover indicates broad-based investor condemnation in the fundamentals of the company, although the Gray Market premium was measured at about 7-9 percent, indicating that their profits are in the same range. “He emphasized that the company, a long -established player in Aroma Chemicals and Essential Oils, reported a steady achievement in FY25, with a 11 percent turnover growth and a 7 percent increase in the net profit.” The diversified product portfolio and focus on R&D, “Dasani said,” niche, but growing global specialty chemical segment. “” The gray market’s tempered premium, “he added,” indicates that investors are in line with fundamentals rather than speculation. ” Although the IPO may seem attractive to short-term participants who view the listing profits, Dasani concluded that investors should detect the ability of the business in the longer term to broaden its customer base and to maintain the margin discipline before performing greater assignments. Aroma chemicals and derivative derivatives in India, with a record of more than two decades. RHP (Red Herring Prospectus), it has a strong market position in the essential oil segment, which produces a wide range of derivatives from mint, navel, eucalyptus and other essential oils. Top buyers of Piperita Oil and a leading processor were according to the volume of various essential oil-based compounds such as DMO, navel oil, Eugenol and Eucalyptus oil. purposes.