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Indian Emulsifiers: IPO, Share Price and Results Since Listing

Indian Emulsifiers listed on NSE Emerge on 22 May 2024 after an IPO at INR 132 a share. On 11 November 2026 the shares closed at INR 35.20, 73.33% below the issue price. For H2 FY2026 it reported revenue of INR 82.84 crore (+66.58% on a year earlier) and a profit after tax of INR 5.99 crore.

Key Facts

IPO dates
13 May 2024 to 16 May 2024
Issue price
INR 132
Issue size
INR 42.39 crore
Subscription
460.08 times
Lead manager
Ekadrisht Capital Private Limited
Listing day
opened at INR 430 (+225.76%), closed at INR 451.50 (+242.05%)
Listed on NSE Emerge
22 May 2024
Symbol
IEML
Latest close
INR 35.20 on 11 November 2026
Against issue price
-73.33%
Lot size now
500 shares (INR 17,600 at the latest close)

Results Filed With NSE

Consolidated figures, INR crore. Change compares with the same period a year earlier.

PeriodRevenueChangeProfit after taxEPS (INR)Filed
H2 FY202682.84+66.58%5.993.99after listing23 May 2026
FY2026159.82+57.89%16.2611.24after listing23 May 2026
H1 FY202676.98โ€“10.278.40after listing8 November 2025
H2 FY202549.73โ€“6.325.43after listing16 May 2025
FY2025101.23โ€“13.3011.40after listing16 May 2025

Promoter Holding

Promoter holding has moved from 48.11% on 17 May 2024 to 32.64% on 30 September 2026 (-15.47 percentage points).

As ofPromotersPublic
30 September 202632.64%67.36%
31 March 202632.64%67.36%
24 November 202532.57%67.43%
30 September 202548.11%51.89%
31 March 202548.11%51.89%
30 September 202448.11%51.89%
17 May 202448.11%51.89%

Anchor Lock-ins

Lock-inEnds
30 days16 June 2024
90 days15 August 2024

Next Board Meeting

13 November 2026: Financial results

Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.