Comparison between Gem Aromatics IPO and Jajoo Rashmi Refractories IPO.
Gem Aromatics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jajoo Rashmi Refractories IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gem Aromatics IPO is up to ₹451.25 Cr whereas the issue size of the Jajoo Rashmi Refractories IPO is up to ₹150.00 Cr. The final issue price of Gem Aromatics IPO is ₹325.00 per share and of Jajoo Rashmi Refractories IPO is .
| Gem Aromatics IPO | Jajoo Rashmi Refractories IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹309.00 per share | |
| Issue Price (Upper) | ₹325.00 per share | |
| Issue Price (Final) | ₹325.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 46 shares | |
| Fresh Issue Size | 53,84,615 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹150.00 Cr |
| OFS Issue Size | 85,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹276.25 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,38,84,615 shares | 0 shares |
| Issue Size Total (Amount) | up to ₹451.25 Cr | up to ₹150.00 Cr |
Gem Aromatics IPO opens on Aug 19, 2025, while Jajoo Rashmi Refractories IPO opens on . The closing date of Gem Aromatics IPO and Jajoo Rashmi Refractories IPO is Aug 21, 2025, and , respectively.
| Gem Aromatics IPO | Jajoo Rashmi Refractories IPO | |
|---|---|---|
| Anchor Bid Date | Aug 18, 2025 | |
| Issue Open | Aug 19, 2025 | |
| Issue Close | Aug 21, 2025 | |
| Basis Of Allotment (Tentative) | Aug 22, 2025 | |
| Initiation of Refunds (Tentative) | Aug 25, 2025 | |
| Credit of Share (Tentative) | Aug 25, 2025 | |
| Listing date (Tentative) | Aug 26, 2025 | |
| Anchor Lockin End date 1 | Sep 20, 2025 | |
| Anchor Lockin End date 2 | Nov 19, 2025 |
Gem Aromatics IPO P/E ratio is 28.52, as compared to Jajoo Rashmi Refractories IPO P/E ratio of .
| Gem Aromatics IPO | Jajoo Rashmi Refractories IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | 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.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 75 | 98.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1697.71 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.80% | 31.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.02% | 28.55% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.78 | 0.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.80% | 31.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gem Aromatics IPO Retail Individual Investors (RII) are offered 48,59,616 shares while in Jajoo Rashmi Refractories IPO retail investors are offered 48,59,616 shares. Qualified Institutional Buyers (QIB) are offered 27,76,923 shares in Gem Aromatics IPO and in Jajoo Rashmi Refractories IPO.
| Gem Aromatics IPO | Jajoo Rashmi Refractories IPO | |
|---|---|---|
| Anchor Investor Reservation | 41,65,383 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 27,76,923 shares | |
| NII | 20,82,693 shares | |
| RII | 48,59,616 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 1,38,84,615 shares |
Gem Aromatics IPO subscribed 30.45x in total, whereas Jajoo Rashmi Refractories IPO subscribed .
| Gem Aromatics IPO | Jajoo Rashmi Refractories IPO | |
|---|---|---|
| QIB (times) | 53.76x | |
| NII (times) | 45.96x | |
| Big NII (times) | 48.48x | |
| Small NII (times) | 40.91x | |
| RII (times) | 10.49x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 30.45x |
