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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Gem Aromatics Ltd
Registered Office:
A/410 Kailas Complex Vikhroli,Link Road Park Site Vikhroli W,
Mumbai - 400079,
Maharashtra, India.
Initial public offer of 13,884,615 equity shares of face value of (Rs) 2/- each ("Equity Shares") of Gem Aromatics Limited ("Company") for cash at a price of (Rs) 325.00 per equity share (Including a share premium of (Rs) 323.00 per equity share) ("Offer Price") Aggregating to (Rs) 451.25 crores ("Offer") comprising a fresh issue of 5,384,615 equity shares aggregating to (Rs) 175.00 crores by the company ("Fresh Issue") and an offer for sale of 8,500,000 equity shares aggregating to (Rs) 276.25 crores by the selling shareholders ("Offer for Sale") comprising 3,234,727 equity shares aggregating to (Rs) 105.13 crores by Vipul Parekh, 1,548,873 equity shares aggregating to (Rs) 50.34 crores by Kaksha Vipul Parekh, 1,591,400 equity shares aggregating to (Rs) 51.72 crores by Yash Vipul Parekh (Each, the "Promoter Selling Shareholder"), and 2,125,000 equity shares aggregating to (Rs) 69.06 crores by Doterra Enterprises, SARL ("Investor Selling Shareholder", and together with the promoter selling shareholders, the "Selling Shareholders", and such equity shares, the "Offered Shares").
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-Aug-25
21-Aug-25
325.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 46     Further Multiples of : 46
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
162.86
Motilal Oswal Investment Advisors Ltd
Project Financed
451.25
 
Post Issue
10.45
 
Issue Price
325.00
 
Projects
Prepayment and or repayment in full or in part of all or a portion of certain outstanding borrowings availed by the company and its subsidiary Krystal Ingredients Pvt Ltd
General corporate purposes
Promoted By
Vipul Parekh
Kaksha Vipul Parekh
Yash Vipul Parekh
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
.
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Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

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