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Gemini Edibles & Fats India Ltd IPO
Gemini Edibles & Fats India Private Limited
Gemini Edibles & Fats India Limited IPO Details
Gemini Edibles & Fats India Limited (GEF India) is a renowned edible oil and fats manufacturer and trader. It has three fully functional port-based plants in Andhra Pradesh, namely the Krishnapatnam plant, Kakinada, and Kakinada new plant. The company even expressed plans to set up new oil refineries in Telangana in 2022.
This is not the first time Gemini Edibles & Fats India Ltd, an indirect subsidiary of Golden Agri-Resources Ltd, is going public. The initial IPO was supposed to arrive in 2021 when the company filed for their IPO listing. The edible oil and fats manufacturer and trading company focus on providing healthy cooking oil alternatives as a premium brand. Some of its biggest competitors are Adani Wilmar Limited, Ruchi Soya Industries Limited, and Agro Tech Foods Limited.
In addition, the Gemini Edibles & Fats India Ltd IPO has a face value of Rs. 1 per equity share and an issue size of Rs. 2500 crore.
An IPO (Initial Public Offering) is an occasion for Indian investors to invest in a company that is going public for the first time. It is a unique opportunity to invest early in a brand you believe in and potentially gain from its future growth. Moreover, investing in an IPO can also offer portfolio diversification for investors.
A successful IPO is also a mark of the health of the Indian economy and its capital markets. It can attract foreign investment, demonstrate confidence in the Indian economy, and possibly result in increased job opportunities.
Gemini Edibles & Fats India Limited IPO
1. The company is a market leader in the production and distribution of sunflower oil or healthy oil
2. The biggest subsidiary and the flagship brand of Gemini Edibles & Fats India Ltd is “Freedom”
3. The edible oil market in India is a $28.23 billion industry, providing ample scope for growth for the brand
4. With three robust port-based plants, the company has an advanced infrastructure
5. Its Krishnapatnam plant near Nellore can refine 800 MTS daily
6. The company has invested Rs 135 crores in its Krishnapatnam plant
7. It acquired an additional refinery in Kakinada with a capacity to refine 200 MTS daily
8. The Kakinada plant helps the brand cater to regions like Chhattisgarh, North Coastal A.P., Orissa, and Telangana
9. The Krishnapatnam plan caters to regions like Karnataka, Kerala, Southern A.P., and Tamil Nadu
10. Gemini Edibles & Fats India Ltd (GEF India) primarily focuses on more robust research and development and quality control to provide the best quality and freshness
11. The company also prioritizes technological upgradation periodically, with its pilot plants being equipped with the best-in-class laboratory
Gemini Edibles & Fats India Limited IPO
1. The company requires a constant supply of raw materials, and with the palm oil ban in Indonesia, things do not look too bright
2. Its entire target market is concentrated in south India, which could potentially affect the profitability of the company and hinder its growth
3. The company’s cash flow could be impacted if its future business strategies do not work or if there is some inconsistency in the management
Gemini Edibles & Fats India Limited Revenue & Profit
+5.42 | 0.10 |
+6.50 | 0.18 |
+7.76 | 0.57 |
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4
2
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Gemini Edibles & Fats India Limited IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares | To be announced |
| Listing Date | To be announced |
Gemini Edibles & Fats India Limited IPO Lot Size
| Minimum Lot Size | To be announced |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Gemini Edibles & Fats India Ltd IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Gemini Edibles & Fats India Ltd IPO Subscription Breakup
| QIBs | To be announced |
| Non-Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Gemini Edibles & Fats India Ltd IPO?
Step 1
First, you need to visit the IPO section in our Choice FinX app.
Step 2
Then, click on the 'More' option to view the Invest in IPO section.
Step 3
Open the Gemini Edibles & Fats India Ltd IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on apply button.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Gemini Edibles & Fats India Ltd IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.