Gem Aromatics IPO, Aug. 18 -- Mumbai-based essential oil manufacturer Gem Aromatics completed its anchor investor round on Monday, 18 August. The company successfully raised Rs.135.37 crore from anchor investors ahead of its initial public offering (IPO).

Gem Aromatics allocated a total of 41,65,383 or more than 41 lakh equity shares with a face value of Rs.2 apiece to the anchor investors at an allocation price of Rs.325 per share, the company informed BSE through a filing.

Out of the total anchor allocation for the public issue, none of the equity shares were allocated to any mutual funds through any schemes.

Citigroup Global, Societe Generale, Goldman Sachs, Nippon India, SageOne, Nuvama, and Niveshaay Sambhav Fund were among the to...