The Initial Public Offering of Gem Aromatics was subscribed 30.27 times on the final day of bidding.

The issue received bids of 29,61,15,156 against the offered 97,82,363 equity shares at a price band of Rs 309-325, according to data available on the stock exchanges.

Retail Portion and Non-institutional portion were subscribed 10.31 times and 45.06 times respectively. Qualified Institutional Investors was subscribed 55.28 times. 

Motilal Oswal Investment Advisors Limited is the sole book-running lead manager, and KFin Technologies Limited is the registrar to the Offer.