Gem Aromatics Limited - IPO

Incorporated in October 1997, Gem Aromatics Limited manufactures speciality ingredients, including essential oils, aroma chemicals, and Value-Added Derivatives in India, with over two decades of experience. The company offers various products, from Mother Ingredients to Value-Added Derivatives.

The company's products are used in oral care, cosmetics, nutraceuticals, pharmaceuticals, wellness, pain management, and personal care.

The company provides a total of seventy products, categorized into four distinct groups, which include:

1. Mint and its derivatives;;
2. Clove and its derivatives;
3. Phenol; and
4. Other synthetic and natural ingredients.

As of September 30, 2024, the company serves 170 domestic customers and 30 international customers across 13 countries, including the Americas, Asia, Africa, and Australia.

The company sells products directly to customers on a business-to-business basis, with export sales through methods including (i) direct sales, (ii) sales via its subsidiary, Gem Aromatics LLC, in the USA, and (iii) sales through third-party agencies.

As of September 30, 2024, the company had an in-house R&D team of 15 scientists who pivotally implemented state-of-the-art technology that advanced our formulations in Value-Added Derivatives.

Competitive Strength

• A reputable manufacturer of specialty ingredients in India, encompassing essential oils, aroma chemicals, and value-added derivatives.
• Wide product range with continuous product development and R&D capabilities.
• Long-standing relationship with well-established customers in India and globally
• Strategically located Manufacturing Facilities with a focus on sustainability
• Experienced Promoters and management team.