Indian Emulsifier IPO Date, Detilas, Allotment, Review

Indian Emulsifier IPO, valued at Rs 42.39 crores, consists entirely of a fresh issue of 32.11 lakh shares. Subscriptions for the IPO open on May 13, 2024, and close on May 16, 2024. The allotment process contemplates the possibility of concluding by Friday, May 17, 2024. The IPO is slated to be listed on NSE SME, with a tentative listing date set for Wednesday, May 22, 2024.

Indian Emulsifier IPO Date, Detilas, Allotment, Review

The price band for Indian Emulsifier’s IPO is fixed at ₹125 to ₹132 per share. Each application must include a minimum of 1000 shares, requiring a minimum investment of ₹132,000 for retail investors. For HNI investors, the minimum investment is set at 2 lots (2000 shares), amounting to ₹264,000.

Indian Emulsifier IPO Detilas

Open DateMay 13, 2024
Close DateMay 16, 2024
Listing DateMay 22, 2024
IPO Size32.11 lakh equity shares aggregating up to ₹42.39 Cr.
Face Value₹10 per share
IPO Price Band₹125 to ₹132 per share
IPO Listing onBSE SME
Lot Size1000 Shares
Share Offered to Retail35% of the total issue share
Share Offered to QBI50% of the total issue share
Share Offered to HNI15% of the total issue share

Indian Emulsifier IPO Date

Premier Roadlines IPO opens for subscription on May 13, 2024, and closes on May 16, 2024. Allotment for the IPO is anticipated to be finalized on Wednesday, May 17, 2024.

IPO Open DateMay 13, 2024
IPO Close DateMay 16, 2024
Basis of AllotmentMay 17, 2024
Initiation of RefundsMay 20, 2024
The credit of SharesMay 20, 2024
Listing DateMay 22, 2024

Indian Emulsifier IPO GMP Today

The Grey Market Premium (GMP) for Premier Roadlines IPO SME IPO has commenced from the first session. However, it’s still too early to ascertain its trajectory. We’ll be providing daily updates on the GMP and additional details.
Stay tuned to stay informed about the daily performance of the Indian Emulsifier IPO’s GMP and the expected listing price. See IPO GMP Live >>

Indian Emulsifier IPO Subscription Status

To see Indian Emulsifier IPO live subscription status please visit our IPO Subscription Status Live section on the menu or click on the link. The Premier Roadlines Limited IPO subscription window opens on May 13, 2024.

Indian Emulsifier IPO Allotment Status

You can check the allotment status for the Indian Emulsifier IPO by following these steps. First, click the link MAASHITLA SECURITIES PRIVATE LIMITED Then, select the IPO Name from the options provided. After that, enter either your Application Number or PAN Number or Demat.

After entering the required information, click on submit and then you can view the allotment status of the IPO. This process should be done around the expected date of May 17, 2024.

Know About Indian Emulsifier Limited

  • Indian Emulsifier Limited was established in December 2020.
  • It specializes in manufacturing and supplying speciality chemicals such as Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers.
  • The company’s product line includes Esters, Amphoteric, Phosphate esters, Imidazolines, Wax emulsions, SMO & PIBSA Emulsifiers.
  • Indian Emulsifier Limited speciality chemicals cater to various industries including Mining, Textile, Cleaning, PVC/Rubber, Personal Care, Food, and others.
  • Indian Emulsifier Limited offers over 40 speciality chemicals and intermediates tailored for different industries.
  • Indian Emulsifier Limited is an ISO 9001:2015 certified company.
  • The company’s manufacturing plant is located in Ratnagiri, Maharashtra, with a production capacity of 4,800 metric tons per annum. This capacity was increased from 2,400 MT per annum through the installation of additional reactors. The plant is equipped with process control, an innovative R&D centre, quality control, and application laboratories.
  • It has two warehouses, one in Raigad, Maharashtra, and another in Ratnagiri, Maharashtra.
  • As of December 31, 2023, the company has 34 full-time employees, including key managerial personnel.

Indian Emulsifier Limited Promoters Holding

  • The promoter of Indian Emulsifier Limited is Yash Tikekar.
  • Before the issue, the promoter holds a 65.25% shareholding in the company.

Objects of the Issue IPO

  • Funding of capital expenditure requirements: ₹2,091.54 Lakh (Percentage of Gross Proceeds and Net Proceeds to be determined)
  • Funding Working Capital Requirements: ₹850.00 Lakh (Percentage of Gross Proceeds and Net Proceeds to be determined)
  • General Corporate Purposes

Indian Emulsifier Limited Financial Report (Restated)

ParticularsFor the Period / Year ended on (₹ in Lakh)
31st December, 202331st March, 202331st March, 202231st March, 2021
PAT (Profit After Tax)675.01389.444.31-0.37
Net Worth2,636.351,204.35814.940.63

Key Performance Indicator (KPI) of Indian Emulsifier Limited

As of September 30, 2023, Indian Emulsifier Limited’s reported revenue of 4,870.16 lakhs, PAT of ₹675.01 lakhs, and a Net Worth of ₹2,636.35 lakhs. Key performance indicators include EBITDA of ₹1,119.22 lakhs, RoCE of 38.03%, RoE of 25.61%, and RoNW of 25.60%.

ParticularsAs of 31 December 2023
EBITDA1,119.22 Lakh, 22.99%
PAT Margin (in %)13.87%
RoCE (%)38.03%
RoE (%)25.61%
RoNW (%)25.60%
EPS4.8 in pre-issue
PE Ratio27.5 Pre-issue

Peer Group Comparison with Indian Emulsifier Limited

CompanyCMPFace Value (₹)Basic EPS (₹)PE Ratio (times)RoNW (%)NAV per Share (₹)
Indian Emulsifier Limited₹10.004.827.525.60%
Peer Group
Fine Organic Industries Limited₹4,400.15₹5.00₹192.6322.8438.80%₹99.29
Fineotex Chemical Limited₹374.00₹2.00₹4.7079.5719.30%₹24.34

Indian Emulsifier Limited IPO Registrar

Address: 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura,
New Delhi, 110034, India.
Tel No: +91-11-45121795
Investor Grievance ID:
Contact Person: Mukul Agrawal

Indian Emulsifier Limited IPO Book Running Lead Manager

1102, Summitt Business Bay, Chakala,
Andheri Kurla Road,
Andheri East Chakala MIDC,
Mumbai, 400 093,
Maharashtra, India.
Tel. No.: +91 89286 31037 | Email Id:;
Investor Grievance Email:;

Indian Emulsifier Limited Contact

Indian Emulsifier Limited
Shop 206, Foor-2, Sumer Kendra, Shivram Seth
Amrutwar Road Near Doordarshan Kendra,
Off Pandurang Budhwar Marg, Worli Mumbai-400018,
Phone: 022-4783 8021

Indian Emulsifier IPO Application Form PDF

To download the Indian Emulsifier Limited application form click on Application Form Download ASBA IPO Forms PDF.


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