What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Gem Aromatics Limited IPO?

Gem Aromatics Limited IPO has received a total subscription of 50.41 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Gem Aromatics Limited

ListedMainboard

Chemicals / Fragrances · NSE / BSE

Founded in October 1997, Gem Aromatics Limited is an Indian manufacturer of specialty ingredients like essential oils, aroma chemicals, and value-added derivatives, with over 20 years of experience. Its 70 products, grouped into mint derivatives, clove derivatives, phenol, and other natural or synthetic ingredients, are used in oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care. Serving 225 customers, including 44 international clients across 18 countries, the company operates on a B2B model, selling directly, through its US subsidiary, or via third-party agents. As of March 31, 2025, it employs 13 in-house R&D scientists using advanced technology to enhance its formulations.

Price Band

₹309 – ₹325

Issue Size

₹451 Cr

Lot Size

46 shares

GMP

₹33

+10.2%

Est. Listing

₹358

at current GMP

Subscribed

50.41x

overall

Open

19 Aug 2025

21 Aug 2025

Allotment

22 Aug 2025

Refund

23 Aug 2025

Demat Credit

24 Aug 2025

Listing

26 Aug 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

50.41x

Total Demand

QIB Multiplier

53.76x

Institutions & Funds

NII / HNI

109.27x

High Net-Worth

Retail (RII)

23.09x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 50.41x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	2,776,925	149,290,470	53.76x
NIB	2,082,692	227,570,650	109.27x
HNIs(10L +)	1,388,462	163,184,806	117.53x
HNIs (2-10L)	694,231	64,385,844	92.74x
RETAIL	4,859,615	112,203,269	23.09x
Total	11,801,925	716,635,039	50.41x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 9.16x

Category	Applications Reserved	Applications Received	Times Subscribed
HNIs (10L+)	2,156	21,559	10.00x
HNIs (2-10L)	1,078	42,997	39.89x
RETAIL	105,644	932,565	8.83x
Total Applications	108,878	997,121	9.16x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Gem Aromatics Limited Public Issue & Market Profile

Gem Aromatics Limited is bringing an initial public offering (IPO) in the Chemicals / Fragrances sector with an aggregate issue size of ₹451.25 Crores. The shares are offered at a price band of ₹309 to ₹325 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2025-08-21, the basis of allotment is scheduled to be finalized on 2025-08-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Gem Aromatics Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Gem Aromatics Limited IPO is ₹33 per equity share. Based on the upper price band of ₹309 to ₹325 per equity share, the estimated listing price is ₹358 (+10.2% expected listing gain).

What is the expected profit per lot for Gem Aromatics Limited IPO?

With a lot size of 46 shares and current GMP of ₹33, the expected profit per application lot is approx ₹1,518 (+10.2% gain). Minimum application cost is approx ₹14,950.

What is the issue size and price band for Gem Aromatics Limited IPO?

The Gem Aromatics Limited IPO aggregate issue size is ₹451.25 Crores with an equity price band set at ₹309 to ₹325 per equity share. The retail lot size is 46 shares requiring a minimum capital outlay of approx. ₹14,950.

How can I check Gem Aromatics Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 50.41x (Retail: 23.09x, QIB: 53.76x, NII: 109.27x). You can track live multiples directly on our dedicated subscription page.

Where and when will Gem Aromatics Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-08-22. Investors can verify status using PAN card or application number.

When is the listing date for Gem Aromatics Limited IPO?

Gem Aromatics Limited shares are scheduled to list on NSE and BSE on 2025-08-26.