Indian Emulsifiers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,070,000 (33%) | — | ₹1,412 Cr |
| NII (HNI) | — | 1,070,000 (33%) | — | ₹1,412 Cr |
| Retail | — | 1,070,000 (33%) | — | ₹1,412 Cr |
| Market Maker | — | 1,070,000 (33%) | — | ₹1,412 Cr |
| Σ Total | — | 3,211,000 (100%) | — | ₹42,385 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹132,000 |
| Retail (Max) | 13 | 13,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,844,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 4,870 | 4,118 | 1,768 |
| Profit After Tax | 675 | 389 | 4 |
| Net Worth | 2,636 | 1,204 | 815 |
| Total Assets | 6,177 | 3,432 | 1,910 |
| Reserves & Surplus | 1,735 | 393 | 4 |
| Total Borrowing | 2,244 | 2,030 | 1,069 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of capital expenditure requirements of the Company towards Plant & Machinery, Civil work and installation cost thereon; –
- Funding Working Capital Requirements of our Company; –
- General corporate purposes –
Company Overview
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
- Esters
- Amphoteric
- Phosphate esters
- Imidazolines
- Wax emulsions
- SMO & PIBSA Emulsifiers
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.