Indian Emulsifiers Ltd
Price Range
₹125 - ₹132
Min. Quantity
1,000
Closes on
16 May 2024
Min. investment
₹1,32,000/1,000 Shares
Indian Emulsifiers Ltd IPO Timeline
Indian Emulsifiers Ltd was originally incorporated on December 05, 2020, as a Private Limited Company under the name 'Indian Emulsifiers Private Limited' with the Registrar of Companies, Mumbai. Thereafter, Company converted to Public Limited and the name was changed to 'Indian Emulsifiers Limited' vide fresh Certificate of Incorporation dated January 05, 2024 issued by the Registrar of Companies Mumbai, Maharashtra.
| Event | Date |
|---|---|
| Indian Emulsifiers Ltd IPO Opening Date | 13 May 2024 |
| Indian Emulsifiers Ltd IPO Closing Date | 16 May 2024 |
| Basis of Allotment | 17 May 2024 |
| Initiation of Refunds | 21 May 2024 |
| Credit of Shares to Demat | 21 May 2024 |
| Indian Emulsifiers Ltd IPO Listing Date | 22 May 2024 |
Indian Emulsifiers Ltd IPO Details
| Indian Emulsifiers Ltd IPO Date | 13 May 2024 to 16 May 2024 |
| Indian Emulsifiers Ltd IPO Face Value | ₹10 per share |
| Indian Emulsifiers Ltd IPO Price | ₹125 to ₹132 per share |
| Indian Emulsifiers Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹42.39 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹42.39 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Yash Tikekar |
Indian Emulsifiers Ltd IPO Lot Size
The Indian Emulsifiers Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,32,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,32,000 |
| Maximum | 1 | 1,000 | ₹1,32,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoter and Management Team.
- Scalable Business Model.
- Wide and diverse range of product offerings.
- In-house manufacturing facility with equipped machines and processes. Further having in-house Quality Control and Research & Development facility.
Company Financials
Indian Emulsifiers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 63.87 | 66.71 | 8.82 |
| 03-2023 | 34.32 | 41.18 | 3.89 |
| 03-2022 | 19.1 | 17.68 | 0.04 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure requirements of the company towards purchase of plant & machinery civil work and installation cost theron
- Funding working capital requirements of the company
- General corporate purposes
Indian Emulsifiers Ltd IPO Promoter Holding
| Pre Issue Share Holding | 65.25% |
| Post Issue Share Holding | 48.11% |
Indian Emulsifiers Ltd IPO Subscription Status (Bidding Detail)
The Indian Emulsifiers Ltd IPO is subscribed 306.6671 times on 16 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 306.6671 |
Indian Emulsifiers Ltd IPO Prospectus
Indian Emulsifiers Ltd IPO Listing Date
| Listing Date | 22 May 2024 |
| BSE Script | 92833 |
| NSE Symbol | IEML |
| Listing In | NSE - SME |
| ISIN | INE0RRU01016 |
| IPO Price | ₹132 |
| Face Value | ₹10 |
Company Contact Information
Shop # 206 2 Flr Sumer KendraShivram Seth Amrutwar Rd Worli,Mumbai-400018
Phone: 022 4783 8021
Email: info@indianemulsifiers.com
Website: www.indianemulsifiers.com
Indian Emulsifiers Ltd IPO Registrar
Indian Emulsifiers Ltd IPO Lead Manager(s)
- Ekadrisht Capital Pvt Ltd
FAQ
What is the issue size of Indian Emulsifiers Ltd IPO?
I have pre-applied for Indian Emulsifiers Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.