Indian Emulsifiers Limited IPO
Indian Emulsifiers Limited was a SME IPO in the Specialty Chemicals sector, offered at ₹125–₹132 per share to raise ₹42 crore. It listed on 22 May 2024 at ₹430 and closed its first day at ₹452, a listing gain of +242.1% versus the ₹132 issue price. It now trades around ₹36 (-73.1% versus the issue price).
Frequently asked questions
- What were the Indian Emulsifiers Limited IPO listing gains?
- Indian Emulsifiers Limited listed on 22 May 2024 at ₹430, closing its first day at ₹452 — a listing gain of +242.1% versus the ₹132 issue price.
- What was the price band and lot size of the Indian Emulsifiers Limited IPO?
- The price band was ₹125–₹132 per share, with a minimum lot of 1,000 shares (₹1,32,000 at the upper band).
- Who were the registrar and lead manager for the Indian Emulsifiers Limited IPO?
- Maashitla Securities Private Limited was the registrar, and Ekadrisht Capital was the book-running lead manager.