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Read More 5 minute read Cosmetic Industry News Gem Aromatics IPO: Can the fragrance and specialty ingredients maker’s Rs 451cr issue deliver long-term growth beyond listing gains? Gem Aromatics IPO opens at ₹309–325 with ₹451 crore issue. Will debt repayment and export-led growth deliver beyond listing gains? Read full analysis. byPallavi MadhirajuAugust 18, 2025