Indian Emulsifier Limited IPO
- IPO Date13 May, 2024 to 16 May, 2024
- Listing Date22 May, 2024
- Face Value₹10 per share
- Issue Price₹125 to ₹132 per share
- Lot Size1000 Shares
- Minimum Investment₹1,32,000
- Listing AtNSE SME
- Total Issue Size32,11,000 Shares
(aggregating up to ₹42.39 Cr) - Fresh Issue32,11,000 Shares
(aggregating up to ₹42.39 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue90,11,222
- Shareholding post issue1,22,22,222
IPO Dates
Closing Date
16 May, 2024
Initiation of Refunds
21 May, 2024
Listing Date
22 May, 2024
13 May, 2024
Opening Date
17 May, 2024
Basis of Allotment
21 May, 2024
Credit of Shares
Indian Emulsifier Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 2000 | ₹2,64,000 |
| Retail (Min) | 1 | 1000 | ₹1,32,000 |
| Retail (Max) | 1 | 1000 | ₹1,32,000 |
Indian Emulsifier Limited Promoter Holding
The promoter of the company is Yash Tikekar.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 65.25% | 48.11% |
Indian Emulsifier Limited COMPANY INFORMATION
Indian Emulsifier IPO is a book built issue of Rs 42.39 crores. The issue is entirely a fresh issue of 32.11 lakh shares. Indian Emulsifier IPO opens for subscription on May 13, 2024 and closes on May 16, 2024. The allotment for the Indian Emulsifier IPO is expected to be finalized on Friday, May 17, 2024. Indian Emulsifier IPO will list on NSE SME with tentative listing date fixed as Wednesday, May 22, 2024. Indian Emulsifier IPO price band is set at ₹125 to ₹132 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹264,000. Ekadrisht Capital Private Limited is the book running lead manager of the Indian Emulsifier IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Indian Emulsifier IPO is Ss Corporate Securities. Refer to Indian Emulsifier IPO RHP for detailed information.
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.
FAQs About Indian Emulsifier Limited Ipo
Indian Emulsifier Limited IPO will open on 13 May, 2024 and close on 16 May, 2024. Investors must apply within this period to participate.
The Indian Emulsifier Limited IPO price band is set between ₹125.00 and ₹132.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹132000.00.
The Indian Emulsifier Limited IPO shares are expected to be listed on 22 May, 2024, subject to regulatory approvals and final allotment.
You can track your Indian Emulsifier Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Indian Emulsifier Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.