Indian Emulsifier Limited IPO

NSE SME

Listed On: May 22, 2024 at ₹ 430.0

₹ 132000 /1000 Shares

Check Allotment

Indian Emulsifier Limited IPO Details

13 May, 2024

Open Date

16 May, 2024

Close Date

17 May, 2024

Allotment Date

22 May, 2024

Listing Date

Issue Price

₹125-132 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

List Price

430.0

Listing Date

2024-05-22

Market Lot

1000 Shares (₹132,000/-)

Lead Manager

Ekadrisht Capital Private Limited

Issue Size

3,211,000 shares(aggregating up to ₹42.39 Cr)

Retail Portion

35%

Subscription

460.14 times

IPO Docs

Indian Emulsifier Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	610,000 / 460,000	1,070,000	2,140,000
Day 1 - 13-05-24 06:00 PM	0.04 / 7.10 x	15.10 x	9.09 x
Day 2 - 14-05-24 06:00 PM	0.14 / 29.06 x	63.18 x	37.88 x
Day 3 - 15-05-24 06:00 PM	0.47 / 96.92 x	176.93 x	109.43 x
Day 4 - 16-05-24 06:00 PM	175.95 / 779.98 x	484.66 x	460.14 x

Total No. of Applications: 518,586 (Approx)

Indian Emulsifier Limited Valuations

EPS Pre IPO

₹4.32/-

EPS Post IPO

₹7.36/-

P/E Pre IPO

30.54

P/E Post IPO

17.93

RoNW

25.60%

Indian Emulsifier Limited Company Financials All values are in ₹ Lakh

	31-Dec-23	31-Mar-23	31-Mar-22
Assets	6,176.63	3,432.26	1,910.22
Revenue	4,870.16	4,118.35	1,768.31
Profit After Tax	675.01	389.44	4.31

About The Company

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.

Indian Emulsifier Limited - Promoter(s)

Pre Issue Share Holding: 65.25%

Post Issue Share Holding: 48.11%

Company Promoter(s)

Yash Tikekar

Indian Emulsifier Limited IPO - Issue Objectives

Funding of capital expenditure requirements of the Company towards Plant & Machinery, Civil work and installation cost thereon
Funding Working Capital Requirements of our Company
General corporate purposes

Other Details

Company Contact Details

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/

Registrar Contact Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

Indian Emulsifier Limited IPO - FAQs

Ans. Indian Emulsifier Limited IPO is a SME IPO. The issue is priced at ₹125-132 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 13, 2024, and closes on May 16, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Indian Emulsifier Limited IPO opens on May 13, 2024 and closes on May 16, 2024.

Ans. The size of Indian Emulsifier Limited IPO is 3,211,000 shares(aggregating up to ₹42.39 Cr).

Ans. The IPO price band is set between ₹125-132 per equity share.

Ans. To apply for Indian Emulsifier Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Indian Emulsifier Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Indian Emulsifier Limited IPO is May 17, 2024.

Ans. The Indian Emulsifier Limited IPO will be listed on May 22, 2024.

Ans. Follow the steps to check the allotment status for Indian Emulsifier Limited IPO here.