Indian Emulsifiers IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Indian Emulsifiers IPO. Explore Indian Emulsifiers IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Indian Emulsifiers Limited, is a specialty chemicals manufacturer focused on providing tailor-made solutions to meet diverse customer requirements. Founded in 2020 by Promoter Yash Tikekar, the company has quickly established itself as a pioneer in the industry, driven by its commitment to excellence and innovation. With a manufacturing plant located in Maharashtra, India, Indian Emulsifiers Limited produces a wide range of specialty chemicals catering to various industries, including mining, textiles, personal care, PVC/rubber, and more.
Key Points:
- Establishment and Growth: Incorporated in December 2020 as Indian Emulsifier Private Limited, the company later converted into a public limited company and rebranded as Indian Emulsifiers Limited. Since its inception, the company has focused on manufacturing and supplying specialty chemicals such as esters, amphoterics, phosphate esters, imidazolines, and wax emulsions. The manufacturing plant, situated in Maharashtra, commenced production in April 2021 and has since expanded its capacity to meet growing demand.
- Product Portfolio: The company offers a diverse range of specialty chemicals catering to industries such as mining, textiles, personal care, PVC/rubber, cleaning, and more. These chemicals play crucial roles in enhancing product performance and functionality across different applications, reflecting Indian Emulsifiers Limited's versatility and adaptability to customer needs.
- Manufacturing Facility: Equipped with advanced process control systems, an innovative R&D center, quality control laboratories, and application laboratories, Indian Emulsifiers Limited's manufacturing facility boasts a production capacity of 4,800 metric tons per annum. The facility's multipurpose design and flexible operations enable the company to meet varying customer requirements efficiently.
Objects of the Issue
- Funding of Capital Expenditure requirements of the Company towards purchase of Plant & Machinery, Civil work and installation cost thereon.
- Funding Working Capital Requirements of the Company.
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 13 May - 16 May 2024 |
| IPO Price Band | ₹ 125 - 132 per share |
| Fresh Issue | Upto 32,11,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 42.39 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 13 May 2024 |
| IPO Closing Date | 16 May 2024 |
| Basis Of Allotment | 17 May 2024 |
| Refunds | 21 May 2024 |
| Demat Transfer | 21 May 2024 |
| IPO Listing Date | 22 May 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | NA | 17.68 | 41.18 | 48.70 |
| Total Expenses | NA | 17.56 | 36.55 | 40.56 |
| Net Profit/Loss | NA | 0.04 | 3.89 | 6.75 |
| NPM (*) | NA | 0.24 | 9.46 | 13.87 |
| Total Assets | 0.60 | 19.10 | 34.32 | 61.77 |
| Total Liabilities | 0.59 | 10.95 | 22.28 | 35.40 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 0.00 | 0.05 | 4.80 | 8.66 |
| ROE (%) | NA | 0.53 | 32.33 | 25.61 |
| ROCE (%) | NA | 7.19 | 55.50 | 38.03 |
| D/E Ratio | NA | 0.94 | 0.97 | 0.51 |
| Current Ratio | 1.01 | 2.92 | 2.19 | 2.11 |
| EBITDA MARGIN (%) | NA | 4.50 | 19.09 | 22.99 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Indian Emulsifier Limited | 41.18 | 27.5 | 4.80 | 32.34 | 14.85 |
| Fine Organic Industries Limited | 3,029.15 | 22.84 | 192.63 | 38.80 | 99.29 |
| Fineotex Chemical Limited | 295.55 | 79.57 | 4.70 | 19.30 | 24.34 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 175.95 |
| Non-Institutional Investor (NII/HNI) | 779.63 |
| Retail Individual Investor (RII) | 484.66 |
| Total | 460.07 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Company Promoters
- YASH TIKEKAR
Lead Managers
- EKADRISHT CAPITAL PRIVATE LIMITED
Company Address
Indian Emulsifiers Limited
Shop 206, Foor-2, Sumer Kendra, Shivram Seth Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli 400 018, Mumbai, Maharashtra, India.
Phone: 022-4783 8021
Email: info@indianemulsifiers.com
Website: www.indianemulsifiers.com
FAQs
- What is the issue size of the Indian Emulsifiers SME IPO?The Indian Emulsifiers SME IPO has an issue size of Approx ₹ 42.39 crore. This includes a fresh issue of Upto 32,11,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Indian Emulsifiers IPO?The price band for the Indian Emulsifiers IPO is ₹ 125 - 132 per share.
- What are the bidding dates for the Indian Emulsifiers IPO?The Indian Emulsifiers IPO will open for bidding on 13 May 2024 and close on 16 May 2024.
- What is the allotment date for the Indian Emulsifiers IPO?The allotment date for the Indian Emulsifiers IPO is 17 May 2024.
- What is the listing date for the Indian Emulsifiers IPO?The listing date for the Indian Emulsifiers IPO is 22 May 2024.
- What is the Indian Emulsifiers IPO grey market premium?The grey market premium (GMP) for the Indian Emulsifiers IPO is currently at ₹240, with an expected listing gain of approximately 181.82%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.