Initial public offer of up to [*] equity shares of face value of
Rs. 2 each ("Equity Shares") of Gem Aromatics Limited ("Company") for cash at a price of [*] per equity share (including a share premium of [*] per equity share) ("Offer Price") aggregating up to [*] crores ("Offer") comprising a fresh issue of up to [*] equity shares aggregating up to
Rs. 175.00 crores by the company ("Fresh Issue") and an offer for sale of up to 8,500,000 equity shares aggregating up to
Rs. [*] crores by the selling shareholders ("Offer for Sale") comprising up to 3,234,727 equity shares aggregating up to [*] crores by Vipul Parekh, up to 1,548,873 equity shares aggregating up to [*] crores by Kaksha Vipul Parekh, up to 1,591,400 equity shares aggregating up to [*] crores by Yash Vipul Parekh (each, the "Promoter Selling Shareholder"), and up to 2,125,000 equity shares aggregating up to [*] crores by Doterra Enterprises, Sàrl ("Investor Selling Shareholder", and together with the promoter selling shareholders, the "Selling Shareholders", and such equity shares, the "Offered Shares").
Price Band:Rs. 309 to Rs. 325 per equity share of the face value of Rs.2 each.
The floor price is 154.5 times of the face value the cap price is 162.5 times of the face value.
Bids can be made for a minimum of 46 equity shares and in multiples of 46 equity shares thereafter. |