Gem Aromatics IPO Day 2: Subscription, GMP & Key Highlights

Gem Aromatics Ltd’s IPO entered its second day with strong investor interest across categories. The company, engaged in specialty ingredients, essential oils, and aroma chemicals, launched its ₹451.25 crore IPO with a price band of ₹309–₹325 per share.

On Day 2, the subscription numbers reflected solid demand, especially from retail investors and institutional buyers. Analysts noted that the grey market premium (GMP) is signaling healthy listing gains, indicating positive sentiment around the issue.

The IPO has already raised ₹135.4 crore via anchor investors, including participation from 13 institutional entities, boosting confidence ahead of full subscription.

Market experts believe Gem Aromatics’ strong fundamentals, growing demand for aroma chemicals, and global presence make it a promising investment opportunity. However, they advise investors to evaluate risk factors, market conditions, and long-term growth outlook before making a decision.

The IPO will close on August 21, 2025, and the final allotment status will be available shortly after the subscription window ends.