
Chemicals · NSE
Founded in December 2020, Indian Emulsifier Limited is a leading manufacturer and supplier of specialty chemicals, including Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, and Emulsifiers like SMO & PIBSA. The company serves various industries such as mining, textiles, cleaning, PVC/rubber, personal care, and food, offering a diverse range of over 40 specialty chemicals. With an ISO 9001:2015-certified manufacturing facility in Ratnagiri, Maharashtra, the company has expanded its production capacity from 2,400 MT to 4,800 MT per year by integrating additional reactors. Their advanced process control, R&D center, quality control, and application laboratories ensure high-quality products and continuous innovation. To support efficient logistics and customer service, warehouses in Raigad and Ratnagiri help streamline supply chain operations. As of December 31, 2023, the company has 34 full-time employees, including key managerial personnel, making it a strong and growing player in the specialty chemicals industry.
Price Band
₹125 – ₹132
Issue Size
₹42.39 Cr
Lot Size
1000 shares
GMP
+181.8%
Est. Listing
₹372
at current GMP
Subscribed
460.08x
overall
Open
13 May 2024
Close
16 May 2024
Allotment
17 May 2024
Refund
18 May 2024
Demat Credit
19 May 2024
Listing
22 May 2024
Overall Subscription
460.08x
Total Demand
QIB Multiplier
175.95x
Institutions & Funds
NII / HNI
779.97x
High Net-Worth
Retail (RII)
484.54x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 610,000 | 107,329,000 | 175.95x |
| NIB | 460,000 | 358,784,000 | 779.97x |
| RETAIL | 1,070,000 | 518,458,000 | 484.54x |
| Total | 2,140,000 | 984,571,000 | 460.08x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,124 | 544,623 | 484.54x |
| HNIs (10L +) | 7 | 5,460 | 779.97x |
| HNIs (2-10L) | 34 | 26,519 | 779.97x |
| Total Applications | 1,165 | 576,602 | 494.94x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Indian Emulsifiers Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹42.39 Crores. The shares are offered at a price band of ₹125 to ₹132 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,32,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-05-19, while un-allotted funds or UPI block mandates will be released on 2024-05-18.
The latest Grey Market Premium (GMP) for Indian Emulsifiers Limited IPO is ₹240 per equity share. Based on the upper price band of ₹125 to ₹132 per equity share, the estimated listing price is ₹372 (+181.8% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹240, the expected profit per application lot is approx ₹2,40,000 (+181.8% gain). Minimum application cost is approx ₹1,32,000.
The Indian Emulsifiers Limited IPO aggregate issue size is ₹42.39 Crores with an equity price band set at ₹125 to ₹132 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,32,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 460.08x (Retail: 484.54x, QIB: 175.95x, NII: 779.97x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2024-05-17. Investors can verify status using PAN card or application number.
Indian Emulsifiers Limited shares are scheduled to list on NSE on 2024-05-22.