Gem Aromatics IPO vs Sri Lotus Developers IPO

Comparison between Gem Aromatics IPO and Sri Lotus Developers IPO.

IPO Details

Gem Aromatics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sri Lotus Developers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Gem Aromatics IPO is up to ₹451.25 Cr whereas the issue size of the Sri Lotus Developers IPO is up to ₹792.00 Cr. The final issue price of Gem Aromatics IPO is ₹325.00 per share and of Sri Lotus Developers IPO is ₹150.00 per share.

 Gem Aromatics IPOSri Lotus Developers IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹309.00 per share₹140.00 per share
Issue Price (Upper)₹325.00 per share₹150.00 per share
Issue Price (Final)₹325.00 per share₹150.00 per share
Discount (Retail)
Discount (Employee)₹14.00 per share
Market Lot Size46 shares100 shares
Fresh Issue Size53,84,615 shares5,28,13,724 shares
Fresh Issue Size (Amount)up to ₹175.00 Crup to ₹792.00 Cr
OFS Issue Size85,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹276.25 Crup to ₹0.00 Cr
Issue Size Total1,38,84,615 shares5,28,13,724 shares
Issue Size Total (Amount)up to ₹451.25 Crup to ₹792.00 Cr

IPO Timetable

Gem Aromatics IPO opens on Aug 19, 2025, while Sri Lotus Developers IPO opens on Jul 30, 2025. The closing date of Gem Aromatics IPO and Sri Lotus Developers IPO is Aug 21, 2025, and Aug 01, 2025, respectively.

 Gem Aromatics IPOSri Lotus Developers IPO
Anchor Bid DateAug 18, 2025Jul 29, 2025
Issue OpenAug 19, 2025Jul 30, 2025
Issue CloseAug 21, 2025Aug 01, 2025
Basis Of Allotment (Tentative)Aug 22, 2025Aug 04, 2025
Initiation of Refunds (Tentative)Aug 25, 2025Aug 05, 2025
Credit of Share (Tentative)Aug 25, 2025Aug 05, 2025
Listing date (Tentative)Aug 26, 2025Aug 06, 2025
Anchor Lockin End date 1Sep 20, 2025Sep 02, 2025
Anchor Lockin End date 2Nov 19, 2025Nov 01, 2025

Financials & KPIs

Gem Aromatics IPO P/E ratio is 28.52, as compared to Sri Lotus Developers IPO P/E ratio of 28.69.

 Gem Aromatics IPOSri Lotus Developers IPO
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.

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

Company Financials (Restated Consolidated)

Sri Lotus Developers & Realty Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 91% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,218.60736.81486.23
Total Income569.28466.19169.95
Profit After Tax227.89119.1416.80
EBITDA288.97158.5520.84
NET Worth932.44169.5648.36
Reserves and Surplus888.93149.6028.32
Total Borrowing122.13428.24328.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)7591.78
Promoter Shareholding (Post-Issue)55.0681.86
P/E Ratio28.5228.69
Market Cap₹1697.71 Cr.₹7330.65 Cr.
ROE18.80%24.39%
ROCE16.02%27.22%
Debt/Equity0.780.13
EPS₹11.39₹5.23
RoNW18.80%24.39%

Shares Offered

In the Gem Aromatics IPO Retail Individual Investors (RII) are offered 48,59,616 shares while in Sri Lotus Developers IPO retail investors are offered 48,59,616 shares. Qualified Institutional Buyers (QIB) are offered 27,76,923 shares in Gem Aromatics IPO and 1,05,33,333 shares in Sri Lotus Developers IPO.

 Gem Aromatics IPOSri Lotus Developers IPO
Anchor Investor Reservation41,65,383 shares1,57,99,999 shares
Market Maker Reservation0 shares0 shares
QIB27,76,923 shares1,05,33,333 shares
NII20,82,693 shares79,00,000 shares
RII48,59,616 shares1,84,33,334 shares
Employee0 shares1,47,058 shares
Others
Total1,38,84,615 shares5,28,13,724 shares

Bids Received (Subscription)

Gem Aromatics IPO subscribed 30.45x in total, whereas Sri Lotus Developers IPO subscribed 74.10x.

 Gem Aromatics IPOSri Lotus Developers IPO
QIB (times)53.76x175.61x
NII (times)45.96x61.82x
Big NII (times)48.48x59.13x
Small NII (times)40.91x67.22x
RII (times)10.49x21.77x
Employee (times)21.37x
Other (times)
Total (times)30.45x74.10x

Compare with others

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Gem Aromatics IPO Vs Sri Lotus Developers IPO