Indian Emulsifiers Limited IPO
Indian Emulsifiers Limited IPO
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Indian Emulsifiers Limited's successfully completed its Initial Public Offering and commenced trading on 22-05-2024 at the NSE exchange. The company raised 32,11,000 Shares through this public offering, comprising 32,11,000 Shares in fresh capital.
The IPO was priced within the band of ₹125 to ₹132, with minimum application lots of 1000 shares. The offering attracted significant investor interest during its subscription period from 13-05-2024 to 16-05-2024.
Share allotment was finalized on 17-05-2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Indian Emulsifiers IPO About Company
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Indian Emulsifiers IPO Strength Factors
- Experienced Leadership: The company benefits from a skilled promoter and management team, ensuring strong decision-making and quick adaptation to market changes.
- Growth-Oriented Business Model: A scalable business model helps the company efficiently use resources, expand operations, and adapt to shifting market demands.
- Wide Product Range: Serving industries like mining, textiles, cleaning, PVC/rubber, personal care, and food, the company’s diverse product portfolio reduces risk and creates multiple revenue opportunities.
Indian Emulsifiers IPO Risk Factors
- Industry Dependence: Relying heavily on specific industries can be risky, as downturns or disruptions in these sectors may impact revenue and profitability.
- Newer Company: Founded in December 2020, the company has a limited track record, making it harder for investors to evaluate past performance or predict future growth.
- Competitive Market: The industry is highly competitive, and failing to keep up with rivals could lead to a loss of market share or reduced profits, affecting long-term growth.
Indian Emulsifiers IPO Promoter(s)
- Yash Tikekar
Indian Emulsifiers IPO FAQs
Indian Emulsifiers Limited IPO subscribed 460.08 times. The public issue subscribed 484.54 times in the retail category,175.95times in QIB, and -- times in the HNI (10+) category byNovember 26, 2025 10:20:42 AM (Day 26).
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Indian Emulsifiers IPO IPO Investor Categories
The offer proceeds will be utilised towards the following investor categories in compliance with SEBI regulations:
Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes, and pension schemes.
Non-Institutional Investors (NII / HNI)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than ₹2 lakhs are known as Non-Institutional Bidders. Unlike QIBs, they do not need SEBI registration.
Subcategories of NII:
- sNII (Small NII – bids below ₹10 Lakhs)
For bids between ₹2–10 lakhs. One-third of NII shares are reserved for this category, also known as Small HNI (sHNI).
- bNII (Big NII – bids above ₹10 Lakhs)
For bids above ₹10 lakhs. Two-thirds of NII shares are reserved for this category, also called Big HNI (bHNI).
- sNII (Small NII – bids below ₹10 Lakhs)
Retail Individual Investors (RII)
Individual investors or NRIs who apply up to ₹2 lakhs in an IPO are considered under the RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
This includes eligible shareholders or other investors with reserved quotas in the IPO.
Indian Emulsifiers IPO FAQs
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