214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Gem Aromatics Limited IPO Peer Comparison

Gem Aromatics IPO is a MainBoard IPO coming on BSE,NSE with an IPO size of 451.25 Cr. .
This IPO falls under the Chemical sector, which has seen 41 IPOs to date. Key sector metrics such as average PE ratio, IPO size, EBITDA margin, and PAT margin are compared below with the figures from the Gem Aromatics IPO.

Gem Aromatics
IPO Details


IPO Industry -
Chemical

IPOs So Far: 41

Issue Size (IPO)

₹ 451.25 Cr.

Total Fund Raised

₹ 23,863.95 Cr.

Average Issue Size

₹ 582.05 Cr.

PE Ratio (IPO)

31.80 x

Average PE Ratio

23.41 x

EBITDA Margin (IPO)

17.88 %

Average EBITDA Margin

19.93 %

PAT Margin (IPO)

10.59 %

Average PAT Margin

12.59 %

Gem Aromatics
IPO Details

IPO Industry

Chemical

IPOs So Far 41


IPO Fund Raised

₹ 451.25 Cr.

Total Fund Raised

₹ 23,863.95 Cr.

Average Fund Raised

₹ 582.05 Cr.

IPO PE Ratio

31.80 x

IPO EBITDA

17.88 %

IPO PAT

10.59 %

Average PE Ratio

23.41 x

Average EBIDTA

19.93 %

Average PAT

12.59 %

Peer Companies of Gem Aromatics IPO as Per DRHP

Gem Aromatics IPO Peer Comparison with key metrics mentioned in the DRHP.

Company Name
FV
CMP
Revenue
Basic EPS
Diluted EPS
RoNW %
NAV
PE
2
503.95
11.39
11.39
18.80
60.61
1
1426.25
966.64
24.888
24.88
18.67
133.29
57.33
Privi Speciality Chemicals Limited
10
2417.75
2101.19
47.87
47.87
16.95
282.47
50.51
Camlin Fine Sciences Limited
1
294.65
1666.52
-8.03
-8.03
-16.01
46.23348.09
10
1994.55
668.50
5.32
5.32
1.46
348.09
374.92
10
228.60
2123.40
5.40
5.40
5.83
90.66
42.33
Oriental Aromatics Limited
5
377.05
928.25
10.20
10.20
5.20
196.20
36.97
Company Name FV CMP Revenue Basic EPS Diluted EPS RoNW % NAV PE
Gem Aromatics Limited 2 503.95 11.39 11.39 18.80 60.61
Clean Science and Technology Limited 1 1426.25 966.64 24.888 24.88 18.67 133.29 57.33
Privi Speciality Chemicals Limited 10 2417.75 2101.19 47.87 47.87 16.95 282.47 50.51
Camlin Fine Sciences Limited 1 294.65 1666.52 -8.03 -8.03 -16.01 46.23348.09
Yasho Industries Limited 10 1994.55 668.50 5.32 5.32 1.46 348.09 374.92
S H Kelkar & Company Limited 10 228.60 2123.40 5.40 5.40 5.83 90.66 42.33
Oriental Aromatics Limited 5 377.05 928.25 10.20 10.20 5.20 196.20 36.97
Notes

*Financial information for Gem Aromatics Limited is derived from the Restated Consolidated Financial Information for the year ended March 31, 2025. $To be included post finalization of the Offer Price. #Not meaningful. EPS is negative.

All the financial information for listed industry peers mentioned above is on consolidated basis and is sourced from the annual reports as available on BSE Limited for the Financial Year ending March 31, 2025.

P/E ratio is calculated based on market price of equity shares on closing of July 11, 2025 on BSE Limited divided by diluted EPS for year ended March 31, 2025.

Basic and Diluted EPS as reported in the annual report of the listed peer company as available on BSE Limited for the financial year ended March 31, 2025.

Return on Net Worth (%) = Net Profit after tax attributable to owners of the Company divided by net worth at the year ended March 31, 2025 attributable to the owners of the Company.

Net asset value per equity share is computed as net worth attributable to owners of the Company divided by weighted average number of shares outstanding during the year.

Net worth has been defined as the aggregate value of the paid-up equity share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation as on March 31, 2025 in accordance with Regulation 2(1)(hh) of the SEBI ICDR Regulations, as amended.

Peer Comparison of Gem Aromatics IPO in This Sector

You can do performance analysis for Gem Aromatics IPO with Listed IPOs in the Chemical sector and review their IPO performance based on Merchant banker, Listing price, IPO Valuation and other metrics.

Select Listed IPO for Comparison:
Basis
Gem Aromatics IPO
vs
vs
vs

IPO Date
26th Aug 2025


IPO Size
₹ 451.25 Cr.

Total Assets
₹ 534.51 Cr.

Revenue
₹ 503.95 Cr.

PAT
₹ 53.38 Cr.

PAT Margin
10.59 %

Leverage Ratio
0.78 x

PE Multiple
31.80 x

EV/EBITDA
21.29 x

Notes:
1) All the above data is at the time of IPO
2) Revenue and Pat is taken on annualised basis

IPO Performance Report of Chemical Sector

This IPO report captures the post-listing performance of IPOs in the Chemical sector, featuring key metrics like offer price, listing gain, and CMP to help investors assess return potential and sector sentiment.

NAME OFFER PRICE LISTING PRICE LISTING GAIN CMP CMP %
Advance Agrolife IPO
Financial Report >>
₹ 100.00 ₹ 114.00 14.00% ₹ 108 8%
Gem Aromatics IPO
Financial Report >>
₹ 325.00 ₹ 333.10 2.49% ₹ 239 -26%
Stallion India IPO
Financial Report >>
₹ 90.00 ₹ 120.00 33.33% ₹ 309 244%
Sai Life IPO
Financial Report >>
₹ 549.00 ₹ 764.65 39.28% ₹ 856 56%
Godavari Biorefineries IPO
Financial Report >>
₹ 352.00 ₹ 342.85 -2.60% ₹ 250 -29%
Kronox Lab IPO
Financial Report >>
₹ 136.00 ₹ 151.40 151.40% ₹ 153 13%
JG Chemicals IPO
Financial Report >>
₹ 221.00 ₹ 184.65 -16.45% ₹ 421 90%
Platinum Industries IPO
Financial Report >>
₹ 171.00 ₹ 220.90 29.18% ₹ 295 72%
Gandhar Oil IPO
Financial Report >>
₹ 169.00 ₹ 301.50 78.40% ₹ 140 -17%
Archean Chemical IPO
Financial Report >>
₹ 407.00 ₹ 457.95 457.95% ₹ 660 62%
Aether Industries IPO
Financial Report >>
₹ 642.00 ₹ 776.75 20.99% ₹ 755 18%
Paradeep Phosphates IPO
Financial Report >>
₹ 42.00 ₹ 43.95 4.64% ₹ 190 352%
HP Adhesives IPO
Financial Report >>
₹ 274.00 ₹ 334.95 22.24% ₹ 48 -13%
Sigachi Industries IPO
Financial Report >>
₹ 163.00 ₹ 603.75 603.75% ₹ 39 139%
Ami Organics IPO
Financial Report >>
₹ 610.00 ₹ 934.55 934.55% ₹ 1,176 93%
Chemplast Sanmar IPO
Financial Report >>
₹ 541.00 ₹ 534.90 534.90% ₹ 365 -32%
Tatva Chintan IPO
Financial Report >>
₹ 1,083.00 ₹ 2,310.25 2310.25% ₹ 1,058 -2%
Clean Science IPO
Financial Report >>
₹ 900.00 ₹ 1,585.20 1585.20% ₹ 1,051 17%
India Pesticides IPO
Financial Report >>
₹ 296.00 ₹ 343.15 343.15% ₹ 206 -30%
Laxmi Organic IPO
Financial Report >>
₹ 130.00 ₹ 164.60 164.60% ₹ 206 58%
Anupam Rasayan IPO
Financial Report >>
₹ 555.00 ₹ 525.90 525.90% ₹ 1,107 99%
Heranba Industries IPO
Financial Report >>
₹ 627.00 ₹ 812.25 812.25% ₹ 297 -53%
Indigo Paints IPO
Financial Report >>
₹ 1,490.00 ₹ 3,118.65 3118.65% ₹ 1,043 -30%
Chemcon Speciality IPO
Financial Report >>
₹ 340.00 ₹ 584.80 584.80% ₹ 276 -19%
Rossari Biotech IPO
Financial Report >>
₹ 425.00 ₹ 742.35 742.35% ₹ 667 57%
Neogen Chemicals IPO
Financial Report >>
₹ 215.00 ₹ 263.55 263.55% ₹ 1,497 596%
Fine Organic IPO
Financial Report >>
₹ 783.00 ₹ 822.80 822.80% ₹ 4,597 487%
RITES Limited IPO
Financial Report >>
₹ 185.00 ₹ 212.70 212.70% ₹ 254 37%
Galaxy Surfactants IPO
Financial Report >>
₹ 1,480.00 ₹ 1,698.10 1698.10% ₹ 2,252 52%
Shree Pushkar IPO
Financial Report >>
₹ 65.00 ₹ 63.00 63.00% ₹ 418 543%
Sharda Cropchem IPO
Financial Report >>
₹ 156.00 ₹ 231.45 231.45% ₹ 820 426%
Fineotex Chemical IPO
Financial Report >>
₹ 70.00 ₹ 140.90 140.90% ₹ 244 1641%
Omkar Speciality IPO
Financial Report >>
₹ 98.00 ₹ 46.20 46.20% ₹ 6 -94%
Astec LifeSciences IPO
Financial Report >>
₹ 82.00 ₹ 83.90 83.90% ₹ 783 855%
Alkali Metals IPO
Financial Report >>
₹ 103.00 ₹ 173.15 68.11% ₹ 89 -13%
Kiri Dyes IPO
Financial Report >>
₹ 150.00 ₹ 158.55 5.70% ₹ 592 295%
Aries Agro IPO
Financial Report >>
₹ 130.00 ₹ 251.60 251.60% ₹ 381 193%
Asahi Songwon IPO
Financial Report >>
₹ 90.00 ₹ 89.95 89.95% ₹ 286 218%
Insecticides India IPO
Financial Report >>
₹ 115.00 ₹ 109.50 -4.78% ₹ 725 530%
Gulshan Sugars IPO
Financial Report >>
₹ 40.00 ₹ 37.00 37.00% [●] 0.00%
Gwalior Chemical IPO
Financial Report >>
₹ 81.00 ₹ 93.80 93.80% ₹ 338 317%

Sector wise IPO Performance Report Available >>

Gem Aromatics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

Listed Peers IPO Details

Gem Aromatics Limited
26th August 2025
IPO Size : 451.25 Cr.
Clean Science and Technology Limited
19th July 2021
IPO Size : 1546.62 Cr.
Privi Speciality Chemicals Limited
[●]
IPO Size : [●]
Camlin Fine Sciences Limited
[●]
IPO Size : [●]
Yasho Industries Limited
2nd April 2018
IPO Size : 28.99 Cr.
S H Kelkar & Company Limited
16th November 2015
IPO Size : 508.17 Cr.
Oriental Aromatics Limited
[●]
IPO Size : [●]
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Explore Other DRHPs

Advance Agrolife Limited

  Chemical - Pesticides

  Jaipur


Gem Aromatics Limited

  Chemical

  Mumbai



Sai Life Sciences Limited

  Chemical

  Hyderabad


Godavari Biorefineries Limited

  Chemical

  Mumbai


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FAQs of Gem Aromatics IPO

Who are the peers of Gem Aromatics IPO

The peers of Gem Aromatics , include other listed companies operating in the (Chemical) segment. These peer companies typically offer similar services Some of the notable peers as per the DRHP of this company are Gem Aromatics Limited , Clean Science and Technology Limited , Privi Speciality Chemicals Limited Camlin Fine Sciences Limited Yasho Industries Limited , S H Kelkar & Company Limited , Oriental Aromatics Limited
See the complete list of current IPO

What is Peer Comparison in IPO Analysis?

Peer Comparison is the method of evaluating an entity by comparing its performance, size of business form other entities operating in same industry or sector. It involves financial analysis by comparing key financial metrics like Profitability, Net worth, Market Capitalization and Leverage IPO Performance tracker

Why Peer Comparison is important for IPO Review?

Peer comparison helps to identify companies in the same sector with a similar business. It helps to compare the financial performance and valuation against its listed peers. An investor or an analyst can decide whether the IPO price is justified when compared to its peers. An investor can make informed decision whether to apply to IPO or not on basis of peer comparison. Know the process of DRHP and Peer companies Information required to be disclosed in DRHP.

As of now 41 IPOs are listed in this sector indicating strong growth in this sector. Choosing the best IPO depends on factors like, financial performance, valuation, market trends and future growth plans. IPO Review and performance.

What is a good PE ratio for an Chemical company?

A good PE Ratio for Chemical sector depends on various factors like, performance of the company, market conditions, company valuation and IPO Size. PE Ratio varies from sector to sector and company to company. Know the average PE Multiple in each sector.

How many companies are listed in the Chemical sector?

Currently 41 companies are listed under Chemical sector. Based on the latest data from the Stock Exchanges. Choose the Best Merchant Banker from the Merchant Banker List

Is Gem Aromatics IPO good in comparison with its competitors?

Performance of companies depends on various factors like, profits, future plans, Market share, PE Ratio etc. By assessing these factors investor can make better investment decisions.Gem Aromatics Peer comparison provides IPO analysis of companies listed in this sector, on the basis of different Key performance indicators (KPI)like, Listing Gain of peers, current market price, PE Ratio and IPO Size.

Which are the Upcoming IPO in the Chemical sector?

Upcoming IPO refers to companies which have filed their DRHP with the Stock exchange and are awaiting approval from NSE or BSE 7 companies have filed their DRHP for IPO under Chemical sector. .New IPO 2025-2026 and Upcoming IPO

How to calculate the PE multiple based on your sector?

PE Multiple is a metrics that is widely used for IPO Valuation. Merchant bankers in coordination with the company decides the PE Multiple.The PE Multiple depends on various factors and it should be analyzed in coordination with other financial metrics. Know the PE ratio of your company with PE Calculator provided by IPOplatform

Explore Other DRHPs

Advance Agrolife Limited

  Chemical - Pesticides

  Jaipur


Gem Aromatics Limited

  Chemical

  Mumbai



Sai Life Sciences Limited

  Chemical

  Hyderabad


Godavari Biorefineries Limited

  Chemical

  Mumbai


Read more details of this IPO

Peer Companies Of This Sector

FAQs

Gem Aromatics operates in Chemical and Manufacturer Of Specialty Ingredients, Including, Essential Oils, Aroma Chemicals And Value-Added Derivatives. The Issue is listed on BSE,NSE in Aug, 2025. Gem Aromatics IPO size was 451.25 with Issue price of 325.00 .

Merchant Banker(s) of Gem Aromatics IPO: Motilal Oswal Investment Advisors Limited

Gem Aromatics IPO subscription was 30.45 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Gem Aromatics IPO listed at a listing price of 333.10 against the offer price of 325.00.

The current market price of Gem Aromatics is 239.27.

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