Anthem Biosciences IPO vs Gem Aromatics IPO

Comparison between Anthem Biosciences IPO and Gem Aromatics IPO.

IPO Details

Anthem Biosciences IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gem Aromatics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Anthem Biosciences IPO is up to ₹3,395.00 Cr whereas the issue size of the Gem Aromatics IPO is up to ₹451.25 Cr. The final issue price of Anthem Biosciences IPO is ₹570.00 per share and of Gem Aromatics IPO is ₹325.00 per share.

 Anthem Biosciences IPOGem Aromatics IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹540.00 per share₹309.00 per share
Issue Price (Upper)₹570.00 per share₹325.00 per share
Issue Price (Final)₹570.00 per share₹325.00 per share
Discount (Retail)
Discount (Employee)₹50.00 per share
Market Lot Size26 shares46 shares
Fresh Issue Size0 shares53,84,615 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹175.00 Cr
OFS Issue Size5,95,75,319 shares85,00,000 shares
OFS Issue Size (Amount)up to ₹3,395.00 Crup to ₹276.25 Cr
Issue Size Total5,95,75,319 shares1,38,84,615 shares
Issue Size Total (Amount)up to ₹3,395.00 Crup to ₹451.25 Cr

IPO Timetable

Anthem Biosciences IPO opens on Jul 14, 2025, while Gem Aromatics IPO opens on Aug 19, 2025. The closing date of Anthem Biosciences IPO and Gem Aromatics IPO is Jul 16, 2025, and Aug 21, 2025, respectively.

 Anthem Biosciences IPOGem Aromatics IPO
Anchor Bid DateJul 11, 2025Aug 18, 2025
Issue OpenJul 14, 2025Aug 19, 2025
Issue CloseJul 16, 2025Aug 21, 2025
Basis Of Allotment (Tentative)Jul 17, 2025Aug 22, 2025
Initiation of Refunds (Tentative)Jul 18, 2025Aug 25, 2025
Credit of Share (Tentative)Jul 18, 2025Aug 25, 2025
Listing date (Tentative)Jul 21, 2025Aug 26, 2025
Anchor Lockin End date 1Aug 15, 2025Sep 20, 2025
Anchor Lockin End date 2Oct 14, 2025Nov 19, 2025

Financials & KPIs

Anthem Biosciences IPO P/E ratio is 70.62, as compared to Gem Aromatics IPO P/E ratio of 28.52.

 Anthem Biosciences IPOGem Aromatics IPO
Financials

Company Financials (Restated)

Anthem Biosciences Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets2,807.582,398.112,014.46
Total Income1,930.291,483.071,133.99
Profit After Tax451.26367.31385.19
EBITDA683.78519.96446.05
NET Worth2,409.861,924.661,740.67
Reserves and Surplus2,298.051,815.391,628.88
Total Borrowing108.95232.53125.06
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Gem Aromatics Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 7% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets534.52368.57295.76
Total Income505.64454.23425.09
Profit After Tax53.3850.1044.67
EBITDA88.4578.3566.19
NET Worth283.98230.55179.53
Reserves and Surplus278.26224.88182.36
Total Borrowing222.37111.1389.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.8775
Promoter Shareholding (Post-Issue)74.6855.06
P/E Ratio70.6228.52
Market Cap₹31867.39 Cr.₹1697.71 Cr.
ROE20.82%18.80%
ROCE26.88%16.02%
Debt/Equity0.050.78
EPS₹8.07₹11.39
RoNW20.82%18.80%

Shares Offered

In the Anthem Biosciences IPO Retail Individual Investors (RII) are offered 2,07,95,834 shares while in Gem Aromatics IPO retail investors are offered 2,07,95,834 shares. Qualified Institutional Buyers (QIB) are offered 1,18,83,333 shares in Anthem Biosciences IPO and 27,76,923 shares in Gem Aromatics IPO.

 Anthem Biosciences IPOGem Aromatics IPO
Anchor Investor Reservation1,78,24,999 shares41,65,383 shares
Market Maker Reservation0 shares0 shares
QIB1,18,83,333 shares27,76,923 shares
NII89,12,500 shares20,82,693 shares
RII2,07,95,834 shares48,59,616 shares
Employee1,58,653 shares0 shares
Others
Total5,95,75,319 shares1,38,84,615 shares

Bids Received (Subscription)

Anthem Biosciences IPO subscribed 67.42x in total, whereas Gem Aromatics IPO subscribed 30.45x.

 Anthem Biosciences IPOGem Aromatics IPO
QIB (times)192.80x53.76x
NII (times)44.70x45.96x
Big NII (times)51.66x48.48x
Small NII (times)30.80x40.91x
RII (times)5.98x10.49x
Employee (times)6.99x
Other (times)
Total (times)67.42x30.45x

Compare with others

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Anthem Biosciences IPO Vs Gem Aromatics IPO