Gem Aromatics IPO Subscription
ListedUpdated 26 August 2025, 9:15 AM IST· Mainboard
Gem Aromatics IPO subscription closed on 21 August 2025 at 30.45x overall by shares. QIB demand came in at 53.76x, NII at 45.96x, and retail at 10.51x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 22 August 2025. Listing date on NSE and BSE is 26 August 2025.
Gem Aromatics IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 19 Aug 2025 | 1.03x | 0.89x | 1.10x | 1.04x |
| Day 2 - 20 Aug 2025 | 1.50x | 4.03x | 3.25x | 2.92x |
| Day 3 - 21 Aug 2025 | 53.76x | 45.96x | 10.49x | 30.45x |
Gem Aromatics IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Gem Aromatics IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 9.51x | 1 in 10 |
| SHNI (Rs 2L to Rs 10L) | 40.33x | 1 in 40 |
| BHNI (above Rs 10L) | 10.00x | 1 in 10 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Gem Aromatics IPO Allotment Status page from 22 August 2025 for your result.
Gem Aromatics IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 325.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 90.25 Cr | Rs 4,851.94 Cr | 53.76x |
| FII | - | Rs 1,089.44 Cr | - |
| DFI | - | Rs 2,271.79 Cr | - |
| Mutual Funds | - | Rs 50.44 Cr | - |
| Other | - | Rs 1,440.27 Cr | - |
| NII | Rs 67.69 Cr | Rs 3,111.23 Cr | 45.96x |
| bNII (above Rs 10L) | Rs 45.12 Cr | Rs 2,187.67 Cr | 48.48x |
| Corporate | - | Rs 42.51 Cr | - |
| Individual | - | Rs 2,049.14 Cr | - |
| Other | - | Rs 96.03 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 22.56 Cr | Rs 923.56 Cr | 40.93x |
| Corporate | - | Rs 4.33 Cr | - |
| Individual | - | Rs 876.28 Cr | - |
| Other | - | Rs 42.95 Cr | - |
| Retail | Rs 157.94 Cr | Rs 1,660.57 Cr | 10.51x |
| Cut-off price | - | Rs 1,330.46 Cr | - |
| Fixed price | - | Rs 330.11 Cr | - |
| Total | Rs 315.87 Cr | Rs 9,623.74 Cr | 30.47x |
Gem Aromatics IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 27,76,923 | 1,109 | 0.00x |
| FII | - | 27 | - |
| DFI | - | 18 | - |
| Mutual Funds | - | 572 | - |
| Other | - | 492 | - |
| NII | 3,234 | 65,037 | 20.11x |
| bNII (above Rs 10L) | 2,156 | 21,558 | 10.00x |
| Corporate | - | 422 | - |
| Individual | - | 20,181 | - |
| Other | - | 955 | - |
| sNII (Rs 2L to Rs 10L) | 1,078 | 43,479 | 40.33x |
| Corporate | - | 207 | - |
| Individual | - | 41,239 | - |
| Other | - | 2,033 | - |
| Retail | 1,05,644 | 10,04,626 | 9.51x |
| Cut-off price | - | 8,04,025 | - |
| Fixed price | - | 2,00,601 | - |
| Total | 28,85,801 | 10,70,772 | 0.37x |
What Do These Subscription Numbers Mean?
30.45x overall by shares means bids covered about 30 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 53.76x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (20.11x by applications). Split: SHNI 40.33x, BHNI 10.00x by applications. SHNI and BHNI allotment is by lottery.
At 9.51x subscription by applications, about 1 in 10 retail applicants may get allotment (~11% chance per application). Retail allotment is also by lottery.
Gem Aromatics IPO GMP After Subscription
GMP for Gem Aromatics IPO stands at Rs 33.00 today, giving an estimated listing price of Rs 358.00 per share.
A subscription of 30.45x combined with a GMP of 10.15% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Gem Aromatics IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Gem Aromatics IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 19 August 2025 |
| IPO Close Date | 21 August 2025 |
| Allotment Date | 22 August 2025 |
| Refund Initiation | 23 August 2025 |
| Share Credit to Demat | 23 August 2025 |
| Listing Date | 26 August 2025 |
| Minimum Investment | Rs 14,950.00 |
| Lot Size | 46 shares |
About Gem Aromatics IPO
Gem Aromatics Limited, established in 1997, is a leading manufacturer of specialty ingredients, including essential oils, aroma chemicals, and value-added derivatives. The company's products are used in a wide range of industries such as oral care, cosmetics, nutraceuticals, pharmaceuticals, personal care, and wellness. Gem Aromatics offers 70 products across four categories: mint and mint derivatives, clove and clove derivatives, phenol, and other synthetic and natural ingredients.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Gem Aromatics IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Gem Aromatics IPO Details
Issue size, price, financials, and company info
Gem Aromatics IPO GMP
Live grey market premium and listing estimate
Gem Aromatics IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Gem Aromatics IPO Allotment
Allotment date, chances, and check by PAN
Gem Aromatics IPO Review
SWOT, strengths, risks, and IPO review
Gem Aromatics IPO FAQ
Common questions on dates, GMP, and allotment
Gem Aromatics IPO Registrar
Registrar website and how to check allotment
Gem Aromatics IPO Timeline
Open, close, allotment, and listing dates
Gem Aromatics IPO News
Updates, blogs, and latest IPO news
Gem Aromatics IPO Subscription FAQs
What is Gem Aromatics IPO subscription status today?
Gem Aromatics IPO subscription closed on 21 August 2025 with overall subscription of 30.45x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 53.76x, NII 20.11x, Retail 9.51x.
What is the overall subscription of Gem Aromatics IPO?
Gem Aromatics IPO is subscribed 30.45x overall by shares at close on 21 August 2025. QIB 53.76x, NII 20.11x, and Retail 9.51x.
What is Gem Aromatics IPO QIB subscription?
Gem Aromatics IPO QIB (Qualified Institutional Buyers) subscription is 53.76x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Gem Aromatics IPO Retail subscription?
Gem Aromatics IPO Retail subscription is 9.51x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Gem Aromatics IPO NII, SHNI, and BHNI subscription?
Gem Aromatics IPO NII subscription is 20.11x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 40.33x and BHNI (above Rs 10L) at 10.00x.
What are Gem Aromatics IPO retail allotment chances?
At 9.51x subscription by applications, about 1 in 10 retail applicants may get allotment (~11% chance per application). Allotment is by lottery. Share subscription was 10.51x. Allotment chances use applications, not share volume.
What are Gem Aromatics IPO SHNI allotment chances?
At 40.33x subscription by applications, about 1 in 40 SHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 40.93x. Allotment chances use applications, not share volume.
What are Gem Aromatics IPO BHNI allotment chances?
At 10.00x subscription by applications, about 1 in 10 BHNI applicants may get allotment (~10% chance per application). Allotment is by lottery. Share subscription was 48.48x. Allotment chances use applications, not share volume.
When is Gem Aromatics IPO allotment date?
Gem Aromatics IPO allotment date is 22 August 2025. Check Gem Aromatics IPO Allotment Status on IPOwiz from that day using your PAN.
When does Gem Aromatics IPO subscription close?
Gem Aromatics IPO subscription closed on 21 August 2025. No new applications are accepted after the close.
What is Gem Aromatics IPO GMP today?
Gem Aromatics IPO GMP is ₹33 today (+10.15% over issue price ₹325). See live GMP on the Gem Aromatics IPO GMP Today page.
What is Gem Aromatics IPO issue price and lot size?
Gem Aromatics IPO issue price is ₹325 per share. Lot size is 46 shares. Minimum investment is ₹14,950 per lot. Issue size: ₹451.25 Cr.
When is Gem Aromatics IPO listing date?
Gem Aromatics IPO listing date is 26 August 2025 on NSE and BSE. Allotment is on 22 August 2025.
How does subscription affect Gem Aromatics IPO allotment?
In Gem Aromatics IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 30.45x overall, competition is high.
For allotment results from 22 August 2025, visit the Gem Aromatics IPO Allotment Status page. For listing day updates on 26 August 2025, download the IPOwiz App.
Sources
We match Gem Aromatics IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.