Comparison between Gem Aromatics IPO and Laxmi India Finance IPO.
Gem Aromatics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Laxmi India Finance 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 Laxmi India Finance IPO is up to ₹254.26 Cr. The final issue price of Gem Aromatics IPO is ₹325.00 per share and of Laxmi India Finance IPO is ₹158.00 per share.
| Gem Aromatics IPO | Laxmi India Finance IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹309.00 per share | ₹150.00 per share |
| Issue Price (Upper) | ₹325.00 per share | ₹158.00 per share |
| Issue Price (Final) | ₹325.00 per share | ₹158.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 46 shares | 94 shares |
| Fresh Issue Size | 53,84,615 shares | 1,04,53,575 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹165.17 Cr |
| OFS Issue Size | 85,00,000 shares | 56,38,620 shares |
| OFS Issue Size (Amount) | up to ₹276.25 Cr | up to ₹89.09 Cr |
| Issue Size Total | 1,38,84,615 shares | 1,60,92,195 shares |
| Issue Size Total (Amount) | up to ₹451.25 Cr | up to ₹254.26 Cr |
Gem Aromatics IPO opens on Aug 19, 2025, while Laxmi India Finance IPO opens on Jul 29, 2025. The closing date of Gem Aromatics IPO and Laxmi India Finance IPO is Aug 21, 2025, and Jul 31, 2025, respectively.
| Gem Aromatics IPO | Laxmi India Finance IPO | |
|---|---|---|
| Anchor Bid Date | Aug 18, 2025 | Jul 28, 2025 |
| Issue Open | Aug 19, 2025 | Jul 29, 2025 |
| Issue Close | Aug 21, 2025 | Jul 31, 2025 |
| Basis Of Allotment (Tentative) | Aug 22, 2025 | Aug 01, 2025 |
| Initiation of Refunds (Tentative) | Aug 25, 2025 | Aug 04, 2025 |
| Credit of Share (Tentative) | Aug 25, 2025 | Aug 04, 2025 |
| Listing date (Tentative) | Aug 26, 2025 | Aug 05, 2025 |
| Anchor Lockin End date 1 | Sep 20, 2025 | Aug 30, 2025 |
| Anchor Lockin End date 2 | Nov 19, 2025 | Oct 29, 2025 |
Gem Aromatics IPO P/E ratio is 28.52, as compared to Laxmi India Finance IPO P/E ratio of 18.35.
| Gem Aromatics IPO | Laxmi India Finance 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)Laxmi India Finance Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 60% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 75 | 89.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.06 | 60.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.52 | 18.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1697.71 Cr. | ₹825.83 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.80% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.02% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.78 | 4.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.39 | ₹8.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.80% | 13.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gem Aromatics IPO Retail Individual Investors (RII) are offered 48,59,616 shares while in Laxmi India Finance IPO retail investors are offered 48,59,616 shares. Qualified Institutional Buyers (QIB) are offered 27,76,923 shares in Gem Aromatics IPO and 31,86,253 shares in Laxmi India Finance IPO.
| Gem Aromatics IPO | Laxmi India Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 41,65,383 shares | 47,79,379 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 27,76,923 shares | 31,86,253 shares |
| NII | 20,82,693 shares | 23,89,691 shares |
| RII | 48,59,616 shares | 55,75,944 shares |
| Employee | 0 shares | 1,60,928 shares |
| Others | ||
| Total | 1,38,84,615 shares | 1,60,92,195 shares |
Gem Aromatics IPO subscribed 30.45x in total, whereas Laxmi India Finance IPO subscribed 1.86x.
| Gem Aromatics IPO | Laxmi India Finance IPO | |
|---|---|---|
| QIB (times) | 53.76x | 1.30x |
| NII (times) | 45.96x | 1.83x |
| Big NII (times) | 48.48x | 1.82x |
| Small NII (times) | 40.91x | 1.87x |
| RII (times) | 10.49x | 2.20x |
| Employee (times) | 1.54x | |
| Other (times) | ||
| Total (times) | 30.45x | 1.86x |
