Indian Emulsifier Limited

Company Profile
Company Name Indian Emulsifier Limited
Open Date 13-05-2024
Close Date 16-05-2024
Exchange NSE SME
Lot Size 1000 Shares
Issue Price ₹125 to ₹132 per share
Issue Size 32,11,000 shares
Application Amount ₹1,32,000
Recommendation Avoid
Incorporated in 2020, Indian Emulsifier Limited has its registered office in Mumbai, Maharashtra. It is a manufacturer and supplier of Specialty Chemicals and has its manufacturing plant in Maharashtra having production capacity of 4800 metric tons/p.a. and primarily caters to B2B segment. The Company serves specialty chemicals to industries such as Mining, Textile, Cleaning Industry, PVC/Rubber, Personal Care, Food and Other Industries. The company’s main products are Esters, Amphoteric, Phosphate esters, Imidazolines, Wax emulsions, SMO & PIBSA emulsifiers. The Company has its own R&D facility. The company had 34 full time employees including Key Managerial Personal as on Dec 31, 2023, as well as contracts with third-party manpower and services firm for supply of contract labour for certain services.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 59.72 1,910.22 3,433.27 6,176.64
Net Assets 0.63 814.94 1,204.35 2,636.34
Total Borrowings 58.91 1,068.54 2,030.44 58.91
Total Revenue - 1,768.31 4,118.35 4,870.17
Profit After Tax (0.37) 4.31 389.44 675.03

Tentative Timeline

Opening Date 13-05-2024
Closing Date 16-05-2024
Basis of Allotment 17-05-2024
Initiation of Refunds 21-05-2024
Credit of Shares to Demat 21-05-2024
Listing Date 22-05-2024

Objects 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.

Contact Information

Registered Office 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

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96

IPO Reservation

QIB Shares Offered Not More than 50% of the Net Issue
Retail Shares Offered Not Less than 35% of the Net Issue
NII (HNI) Shares Offered Not Less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 65.25%
Share Holding Post Issue (Promoters) 48.11%

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