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Indian Emulsifiers Ltd

Registered Office : Shop # 206 2 Flr Sumer Kendra,Shivram Seth Amrutwar Rd Worli,Mumbai Maharashtra 400018 Phone : 022 4783 8021
Fax :

Email : info@indianemulsifiers.com

Website : www.indianemulsifiers.com

Initial public offer of 32,11,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Indian Emulsifiers Limited ("The Company" or "IEML" or "The Issuer") at an issue price of Rs. 132/- per equity share for cash, aggregating up to Rs. 42.39 crores ("Public Issue") out of which 1,61,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 132/- per equity share for cash, aggregating Rs. 2.13 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 30,50,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 132/- per equity share for cash, aggregating upto Rs. 40.26 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.27% and 24.95% respectively of the post-issue paid-up equity share capital of the company.

Issue

Opens On

Closes On

13-May-2024

16-May-2024

Money Payable On

Application

Allotment

132.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

39.21

42.39

12.22

132.00

Ekadrisht Capital Pvt Ltd

Projects

Funding of capital expenditure requirements of the company towards purchase of plant & machinery civil work and installation cost theron

Funding working capital requirements of the company

General corporate purposes

Promoted By

Yash Tikekar

Listing At

NSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd