IPO Issue Details
Issue Price / Price Band₹72 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size30,08,000 shares (aggregating up to ₹21.66 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 30 Jul 2025
Subscription CloseFri, 01 Aug 2025
Anchor AllotmentTue, 29 Jul 2025
Basis of AllotmentMon, 04 Aug 2025
Initiation of RefundsTue, 05 Aug 2025
Credit of Shares to DematTue, 05 Aug 2025
Listing DateWed, 06 Aug 2025
UPI Mandate Deadline2025-08-01
Application & Investment Details
Retail — Min (2 Lots)₹2,30,400 — 3200 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (3 Lots)₹3,45,600 — 4800 shares
EPS (Pre-IPO)₹7.30
EPS (Post-IPO)₹5.22
P/E Ratio (Pre-IPO)9.87x
P/E Ratio (Post-IPO)13.8x
Net Offer to Public28,56,000 shares (aggregating up to ₹20.56 Cr)
Reserved for Market Maker1,52,000 shares (aggregating up to ₹1.09 Cr)
Pre-IPO Promoter Holding75,41,040 shares
Post-IPO Promoter Holding1,05,49,040 shares
About Mehul Colours Ltd.
Incorporated in 1995, Mehul Colours & Masterbatches Pvt. Ltd., is engaged in the manufacturing and exporting of masterbatches in India.The company offers a diverse range of products, including white, black, color, and additive masterbatches, catering to various applications in plastics, rubbers, and elastomers.The company's operates two facilities in Tungareshwar Industrial Estate, Vasai East, Mumbai, with capacities of 10,56,000 kg and 2,28,000 kg, each covering 3,200 sq. ft. of built-up area.Products Offering:Masterbatches: They produces masterbatches—pigment and additive mixtures in polymers—for uniform color and enhanced properties like UV resistance, flame retardancy, and anti-static behavior in plastic products.Pigments: They manufactures pigments—organic for bright, vivid colors and inorganic for durability and heat resistance—used in plastics for uniform coloration, stability, and resistance in various industries.As of June 30, 2025, the company had a total of 32 permanent employees in the Company.Competitive Strengths:In-house manufacturing facilities with integrated testing & R&D capabilitiesWell diversified customer base spread across various industries & geographyLong term relationship with the customersExperienced Promoters with Industry Expertise
Objects of the Issue
Mehul Colours Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding of capital expenditure towards setup of a new manufacturing facility
14.63
2
2 Funding of Working Capital Requirements
4.00
3
3 General Corporate Purpose
0.21
Shareholding & Lock-in
Pre-IPO Promoter Holding
75,41,040 shares
Post-IPO Promoter Holding
1,05,49,040 shares