Issue Price
₹132
Per Share
GMP
NIL
Grey Market
Est. Listing
₹132
Expected Price
Min. Application
₹264,000
2 lots × 1000 shares
Incorporated in December 2020, 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 followingEstersAmphotericPhosphate estersImidazolinesWax emulsionsSMO & PIBSA EmulsifiersThe 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 Emulsifiers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 161,000 | — | ₹2.13 Cr | — |
| TOTAL | 3,211,000 | 100.00% | ₹42.39 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹132,000 |
| Retail (Max) | 13 | 13,000 | ₹1,716,000 |
| sNII (Min) | 14 | 14,000 | ₹1,848,000 |
| bNII (Min) | 68 | 68,000 | ₹8,976,000 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 4870.16 | 4118.35 | 1768.31 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 675.01 | 389.44 | 4.31 |
| Net Worth | 2636.35 | 1204.35 | 814.94 |
| Total Assets | 6176.63 | 3432.26 | 1910.22 |
| Reserves & Surplus | 1735.22 | 393.34 | 3.93 |
| Total Borrowings | 2244.45 | 2030.44 | 1068.54 |