Indian Emulsifier Limited is a manufacturer and supplier of Specialty Chemicals i.e., Esters, Amphoteric, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers.
The product line of the company includes the following:
- Esters
- Amphoteric
- Phosphate esters
- Imidazolines
- Wax emulsions
- 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 specialty 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 has two warehouses one situated in Raigad, Maharashtra and the second one 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.
As of December 31, 2023, the company has 34 full-time employees, including key managerial personnel.
Indian Emulsifier IPO – Details
| IPO Opening Date | 13 May 2024 |
| IPO Closing Date | 16 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 32,11,000 Shares Worth ₹42.39 Crore Fresh Issue: 32,11,000 Shares Worth ₹42.39 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹125 – ₹132 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Indian Emulsifier IPO – Date Schedule
| IPO Open Date | 13 May 2024 |
| IPO Close Date | 16 May 2024 |
| Basis of Allotment | 17 May 2024 |
| Initiation of Refund | 21 May 2024 |
| Credit of Shares to Demat Account | 21 May 2024 |
| IPO Listing Date | 22 May 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 16, 2024 |
Indian Emulsifier IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | ₹1,32,000 |
| Retail (Maximum) | 1 | 1000 | ₹1,32,000 |
| HNI (Minimum) | 2 | 2000 | ₹2,64,000 |
Competitive Strengths
- Experienced Promoter and Management Team.
- Scalable Business Model.
- Wide and diverse range of product offerings.
- In-house manufacturing facility with equipped machines and processes. Further having in-house Quality Control and Research & Development facility.
Company Promoters
- Yash Tikekar
Object Of The Issue
- Funding of capital expenditure requirements of the Company towards Plant & Machinery, Civil work and installation cost thereon;
- Funding Working Capital Requirements of our Company;
- General corporate purposes
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | – | – | – | 0.58 |
| 31 March 2022 | 17.68 | 17.56 | 0.04 | 10.68 |
| 31 March 2023 | 41.18 | 36.54 | 3.89 | 20.30 |
| 31 December 2023 | 48.70 | 40.56 | 6.75 | 22.44 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 25.61% |
| ROCE | 38.03% |
| Debt/Equity | 0.51 |
| RoNW | 25.60% |
| P/BV | 4.51 |
| PAT Margin (%) | 13.87 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.32 | 7.36 |
| P/E (x) | 30.54 | 17.93 |
Indian Emulsifier IPO Promoter Holding
| Pre Issue Share Holding | 65.25% |
| Post Issue Share Holding | 48.11% |
Indian Emulsifier IPO Prospectus
Company Contact Information
| Indian Emulsifier Limited Shop 206, Foor-2, Sumer Kendra, Shivram Seth Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli Mumbai-400018, Phone: 022-4783 8021 Email: info@indianemulsifiers.com Website: https://indianemulsifiers.com/ |
Indian Emulsifier IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Indian Emulsifier IPO Lead Manager(s)
| 1. Ekadrisht Capital Private Limited |
Indian Emulsifier IPO FAQs
| What is Indian Emulsifier IPO? Indian Emulsifier IPO is a SME IPO. The issue is priced at ₹125 – ₹132 per equity share. The IPO is to be listed on NSE SME. |
| When Indian Emulsifier IPO will open? The IPO is to open on 13 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Indian Emulsifier IPO? You can apply for Indian Emulsifier IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Indian Emulsifier IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Indian Emulsifier”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Indian Emulsifier IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Indian Emulsifier”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Indian Emulsifier IPO Size? Indian Emulsifier IPO size is ₹42.39 crores. |
| What is Indian Emulsifier IPO Price Band? Indian Emulsifier IPO Price Band is ₹125 – ₹132. |
| What is Indian Emulsifier IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,32,000 amount while the maximum bid is 1000 shares with ₹1,32,000. |
| What is the Indian Emulsifier IPO Allotment Date? Indian Emulsifier IPO allotment date is 17 May 2024. |
| What is the Indian Emulsifier IPO Listing Date? Indian Emulsifier IPO listing date is 22 May 2024. The IPO is to list on NSE SME. |
