Contents
- 1 Indian Emulsifier IPO Detilas
- 2 Indian Emulsifier IPO Date
- 3 Indian Emulsifier IPO GMP Today
- 4 Indian Emulsifier IPO Subscription Status
- 5 Indian Emulsifier IPO Allotment Status
- 6 Know About Indian Emulsifier Limited
- 7 Indian Emulsifier Limited Promoters Holding
- 8 Objects of the Issue IPO
- 9 Indian Emulsifier Limited Financial Report (Restated)
- 10 Key Performance Indicator (KPI) of Indian Emulsifier Limited
- 11 Peer Group Comparison with Indian Emulsifier Limited
- 12 Review
- 13 FAQs
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.
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 Date | May 13, 2024 |
| Close Date | May 16, 2024 |
| Listing Date | May 22, 2024 |
| IPO Size | 32.11 lakh equity shares aggregating up to ₹42.39 Cr. |
| Face Value | ₹10 per share |
| IPO Price Band | ₹125 to ₹132 per share |
| IPO Listing on | BSE SME |
| Lot Size | 1000 Shares |
| OFS | NA |
| Share Offered to Retail | 35% of the total issue share |
| Share Offered to QBI | 50% of the total issue share |
| Share Offered to HNI | 15% 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 Date | May 13, 2024 |
| IPO Close Date | May 16, 2024 |
| Basis of Allotment | May 17, 2024 |
| Initiation of Refunds | May 20, 2024 |
| The credit of Shares | May 20, 2024 |
| Listing Date | May 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)
| Particulars | For the Period / Year ended on (₹ in Lakh) | |||
| 31st December, 2023 | 31st March, 2023 | 31st March, 2022 | 31st March, 2021 | |
| Liabilities | 6,176.63 | 3,432.26 | 1,910.22 | 59.72 |
| Assets | 6,176.63 | 3,432.26 | 1,910.22 | 59.72 |
| Revenue | 4,870.16 | 4,118.35 | 1,768.31 | – |
| PAT (Profit After Tax) | 675.01 | 389.44 | 4.31 | -0.37 |
| Net Worth | 2,636.35 | 1,204.35 | 814.94 | 0.63 |
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%.
| Particulars | As of 31 December 2023 |
| EBITDA | 1,119.22 Lakh, 22.99% |
| PAT Margin (in %) | 13.87% |
| RoCE (%) | 38.03% |
| RoE (%) | 25.61% |
| RoNW (%) | 25.60% |
| EPS | 4.8 in pre-issue |
| PE Ratio | 27.5 Pre-issue |
Peer Group Comparison with Indian Emulsifier Limited
| Company | CMP | Face Value (₹) | Basic EPS (₹) | PE Ratio (times) | RoNW (%) | NAV per Share (₹) |
|---|---|---|---|---|---|---|
| Indian Emulsifier Limited | ₹10.00 | 4.8 | 27.5 | 25.60% | – | |
| Peer Group | ||||||
| Fine Organic Industries Limited | ₹4,400.15 | ₹5.00 | ₹192.63 | 22.84 | 38.80% | ₹99.29 |
| Fineotex Chemical Limited | ₹374.00 | ₹2.00 | ₹4.70 | 79.57 | 19.30% | ₹24.34 |
Indian Emulsifier Limited IPO Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
Address: 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura,
New Delhi, 110034, India.
Tel No: +91-11-45121795
Email: ipo@maashitla.com
Investor Grievance ID: compliance@maashitla.com
Contact Person: Mukul Agrawal
Website: www.maashitla.com
Indian Emulsifier Limited IPO Book Running Lead Manager
EKADRISHT CAPITAL PRIVATE LIMITED
1102, Summitt Business Bay, Chakala,
Andheri Kurla Road,
Andheri East Chakala MIDC,
Mumbai, 400 093,
Maharashtra, India.
Tel. No.: +91 89286 31037 | Email Id: krunal@ekadrisht.com;
Investor Grievance Email: grievances@ekadrisht.com;
Website: www.ekadrisht.com
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
Email: info@indianemulsifiers.com
Website: https://indianemulsifiers.com/
Indian Emulsifier IPO Application Form PDF
To download the Indian Emulsifier Limited application form click on Application Form Download ASBA IPO Forms PDF.
Review
Update Soon.
