Indian Emulsifier Limited IPO

Price
₹125 - ₹132
Lot
1000
Subs.
N/A
Expected Listing Earning

Exp. Premium(GMP):
200.01(151.52%)
IPO Details

Open Date: 13-May-2024
Close Date: 16-May-2024
Allotment Date: 17-May-2024
Listing Date: 22-May-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹125-132 Per Equity Share
Issue Size: Total Issue Size 3,211,000 shares (aggregating up to ₹42.39 Cr) : Fresh Issue 3,211,000 shares (aggregating up to ₹42.39 Cr)
Market Lot (Min Amount): Retail - ₹132,000 : HNI - ₹264,000
Valuations

Earning Per Share(EPS)4.32/-
P/E Ratio30.54
RoNW25.60%
Net Asset Value (NAV) - Post Issue:14.85/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Dec,20236,176.634,870.16675.01
31 Mar,20233,432.264,118.35389.44
31 Mar,20221,910.221,768.314.31
31 Mar,202159.72 -0.37
Promoter(s)

Pre Issue Share Holding65.25%
Post Issue Share Holding48.11%
Company Promoter(s)
1. Yash Tikekar
Issue Objective(s)

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

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

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 following

  1. Esters
  2. Amphoteric
  3. Phosphate esters
  4. Imidazolines
  5. Wax emulsions
  6. 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.

Disclaimer

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