Indian Emulsifiers IPO

Indian Emulsifiers Ltd

₹1,25,000 /1000 sharesMinimum Investment

Indian Emulsifiers IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹132.00₹430.00₹298.00 (225.76%)

Indian Emulsifiers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
13 May ‘24 - 16 May ‘24₹1,25,0001,000₹125 - ₹132
Issue SizeIPO Doc
42.39Cr
RHP PDF

About the company

Indian Emulsifier Ltd is a manufacturer and supplier of specialty chemicals, including Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. It manufactures colourants, which are used in Mining, Personal Care, PVC / Rubber, Textile, Cleaning and other industries. Its manufacturing plant is located at Ratnagiri, Maharashtra. The company also has two warehouses located in Maharashtra. The company’s client base is spread across sectors like Mining, Textile, Cleaning, PVC/Rubber, Personal Care, Food, etc. As of March 31, 2023, it has a production capacity of 4,800 metric tonnes per annum.;
Founded in
2020
Managing director
Mr. Yash Tikekar
Parent organisation
Indian Emulsifiers Ltd

Strength and risks

Strengths
Risks
The company has an in-house manufacturing facility along with in-house Quality Control and Research & Development (R&D) facility.
The company received the ISO 9001:2015 certification in 2021.
The company manufactures more than 40 Specialty Chemicals & Intermediates for the Mining, Textile, Cleaning Industry, PVC (Poly Vinyl Chloride)/ Rubber, Personal Care, Food and other industries. It also manufactures products based on the needs and requirements of its clients and market.
The company recorded a consistent rise in Revenue from Operations from inception to the nine months ending December 2023. From NIL revenue in FY21, it increased to Rs. 17.68 crore in FY22, to Rs. 41.18 crore in FY23, and Rs. 48.67 crore in the nine months to December 2023. Profit after tax (PAT) too moved likewise from a loss of Rs 0.004 crore in FY21, to a profit of Rs. 0.04 crore in FY22, to Rs. 3.89 crore in FY23, to Rs. 6.75 crore in the nine months ending December 2023.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular125 - 132₹2 Lakh
High Networth Individual125 - 132₹2 - 5 Lakh
For Indian Emulsifiers IPO, eligible investors can apply as Regular.
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