Gem Aromatics Ltd. has announced public offering of 13884615 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 323.00 per share. The gross proceeds of the issue are expected to be Rs 45,291.61 lakhs.

The company's initial public offer (IPO) will open on 19 August 2025 and is expected to close on 21 August 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 309.00-325.00 per share.

The IPO includes a fresh Issue of 13884615 Equity Shares of the Company at an price of Rs 325.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 46 shares with bids in multiples of 46.

Gem Aromatics Ltd. anticipates using the proceeds of the issue for .

Motilal Oswal Investment Advisors Limited as lead manager & KFin Technologies Ltd. is the registrar, to the issue.