Gem Aromatics IPO subscribed 30 times on Day 3: Allotment, listing and other key details
Published on: Aug. 21, 2025, 7:59 p.m. | Source: Livemint
Gem Aromatics' IPO of ₹451 crore was oversubscribed 30.45 times, receiving bids for 29.59 crore shares. QIBs subscribed 53 times, while non-institutional investors' quota was booked 45 times. The company plans to use proceeds for outstanding borrowings and general corporate purposes.
