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Indian Emulsifier Limited

Indian Emulsifier Limited

smelisted
Registrar: MAASHITLA SECURITIES PRIVATE LIMITED · Listing 2024-05-22
IPO Timeline
Today · 20 Oct 2026
Opens
13 May 2024
Closes
16 May 2024
Allotment
15 May 2024
Refund
21 May 2024
Demat
17 May 2024
Listing
22 May 2024
Price Band
₹125–132
GMP
₹0
0%
Lot Size
1000 Shares
Min ₹132,000
Subscription
0x
Issue Size
₹42.39 Cr
Open
2024-05-13
Close
2024-05-16
Listing
2024-05-22

About the company

## **About Indian Emulsifier Limited** Founded in 2020, Indian Emulsifier Limited quickly established itself as a cornerstone of the specialty chemicals sector, specializing in the production and supply of a diverse range of chemical products including Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, and SMO & PIBSA Emulsifiers. The company plant is located at Ratnagiri, Maharashtra and their state of the art manufacturing facility is at the heart of its operations. Expanding Capacities and Capabilities: In response to growing market demand and its commitment to excellence, Indian Emulsifier Limited has recently doubled its production capacity from 2,400 metric tons to 4,800 metric tons annually. This expansion was facilitated by the installation of additional high-tech reactors, enhancing both the scale and efficiency of production. The facility is equipped with a suite of high-pressure stainless steel reactors that allow for a wide range of batch sizes, from 100 kg to 8,000 kg, and are capable of handling reactions at temperatures ranging from 10°C to 250°C under pressures from 5 kg to 8kg/cm². These features underscore the facility’s adaptability to various manufacturing requirements, backed by a high-speed stirred reactor setup complete with condensers, vacuum arrangements, and receivers. R&D and Quality Assurance: At the core of Indian Emulsifier Limited's operational philosophy is a robust commitment to research and development, driven by an innovative R&D center alongside advanced Quality Control and Application Laboratories. The company is home to a dynamic team of highly skilled technical personnel, each bringing deep expertise from their respective fields. This multidisciplinary team is not just executing current projects but is also pivotal in pioneering research that keeps the company at the cutting edge of the chemical manufacturing industry. The product range at Indian Emulsifier Limited is comprehensive and versatile: * Esters * Amphoterics * Phosphate esters * Imidazolines * Wax emulsions * SMO & PIBSA Emulsifiers Future Outlook and Industry Leadership: Indian Emulsifier Limited is positioned at the forefront of the Indian specialty chemicals industry, which is currently experiencing significant transformation fueled by innovation, investment, and a shift towards sustainable practices. With a keen eye on global trends and customer needs, the company is dedicated to continuous improvement and innovation. Leadership at Indian Emulsifier Limited believes strongly in teamwork and collaborative efforts to foster new ideas and business practices that enhance their competitive edge in the market. As the industry continues to grow, Indian Emulsifier Limited is well-prepared to meet the evolving demands of its diverse client base, contributing significantly to the global specialty chemicals industry. Indian Emulsifier Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Funding of capital expenditure requirements of our Company towards purchase of Plant & Machinery, Civil work and installation cost thereon. 1. Funding Working Capital Requirements of our Company.  1. General Corporate Purposes

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 22 May 2024
      Listed 881 days ago
      1. IPO Opens

        Completed
        13 May 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        16 May 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        15 May 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        21 May 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        17 May 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        22 May 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1000 shares
      Price / Share (upper)
      ₹132
      Min Investment (1 lot)
      ₹132,000
      Price Band
      ₹125–132
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1000
      Min amount
      ₹132,000
      Max amount
      ₹132,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2000
      Min amount
      ₹264,000
      Max amount
      ₹264,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹21.2 Cr
      Shares offered
      1,649,417
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.36 Cr
      Shares offered
      494,825
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹14.84 Cr
      Shares offered
      1,154,592
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).