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Mehul Colours IPO is a book build issue of ₹21.66 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹21.66 crore.
Mehul Colours IPO bidding started from Jul 30, 2025 and ended on Aug 1, 2025. The allotment for Mehul Colours IPO was finalized on Aug 4, 2025. The shares got listed on BSE SME on Aug 6, 2025.
Mehul Colours IPO price band is set at ₹72.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,17,600.00 (3,200 shares). The minimum lot size investment for HNI is 3 lots (4,800 shares), amounting to ₹3,45,600.
Seren Capital Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Asnani Stock Broker Pvt.Ltd..
Refer to Mehul Colours IPO RHP for detailed Information.
| IPO Date | July 30, 2025 to August 1, 2025 |
| Listing Date | August 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹68 to ₹72 per share |
| Issue Price Final | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,08,000 shares (aggregating up to ₹21.66 Cr) |
| Reserved for Market Maker | 1,52,000 shares Asnani Stock Broker Pvt.Ltd. (aggregating up to ₹1.09 Cr) |
| Net Offered to Public | 28,56,000 shares (aggregating up to ₹20.56 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 75,41,040 shares |
| Share Holding Post Issue | 1,05,49,040 shares |
Mehul Colours IPO offers total 30,08,000 shares. Out of which 14,25,600 (47.39%) allocated to QIB, 5,71,200 (18.99%) allocated to QIB (Ex- Anchor), 4,28,800 (14.26%) allocated to NII, 10,01,600 (33.30%) allocated to RII and 8,54,400 (28.40%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,52,000 (5.05%) |
| QIB Shares Offered | 14,25,600 (47.39%) |
| − Anchor Investor Shares Offered | 8,54,400 (28.40%) |
| − QIB (Ex. Anchor) Shares Offered | 5,71,200 (18.99%) |
| NII (HNI) Shares Offered | 4,28,800 (14.26%) |
| − bNII > ₹10L | 2,86,400 (9.52%) |
| − sNII < ₹10L | 1,42,400 (4.73%) |
| Retail Shares Offered | 10,01,600 (33.30%) |
| Total Shares Offered | 30,08,000 (100.00%) |
Mehul Colours IPO raises ₹6.15 crore from anchor investors. Mehul Colours IPO Anchor bid date is July 29, 2025. Mehul Colours IPO Anchor Investors list
| Bid Date | July 29, 2025 |
| Shares Offered | 8,54,400 |
| Anchor Portion Size (In Cr.) | 6.15 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 2, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 1, 2025 |
Mehul Colours IPO opens on July 30, 2025, and closes on August 1, 2025.
| IPO Open Date | Wed, Jul 30, 2025 |
| IPO Close Date | Fri, Aug 1, 2025 |
| Tentative Allotment | Mon, Aug 4, 2025 |
| Initiation of Refunds | Tue, Aug 5, 2025 |
| Credit of Shares to Demat | Tue, Aug 5, 2025 |
| Tentative Listing Date | Wed, Aug 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Aug 1, 2025 |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,30,400 |
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,30,400 |
| S-HNI (Min) | 3 | 4,800 | ₹3,45,600 |
| S-HNI (Max) | 8 | 12,800 | ₹9,21,600 |
| B-HNI (Min) | 9 | 14,400 | ₹10,36,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
As of June 30, 2025, the company had a total of 32 permanent employees in the Company.
Competitive Strengths:
Mehul Colours Ltd.'s revenue increased by 5% and profit after tax (PAT) rose by 71% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 18.95 | 13.87 | 10.82 |
| Total Income | 23.71 | 22.66 | 21.37 |
| Profit After Tax | 5.50 | 3.22 | 2.94 |
| EBITDA | 6.88 | 4.18 | 3.97 |
| Net Worth | 17.06 | 11.56 | 8.36 |
| Reserves and Surplus | 9.52 | 11.27 | 8.07 |
| Total Borrowing | 0.36 | ||
| Amount in ₹ Crore | |||
The market capitalization of Mehul Colours IPO is ₹75.95 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 38.46% |
| ROCE | 43.53% |
| RoNW | 32.26% |
| PAT Margin | 24.11% |
| EBITDA Margin | 30.17% |
| Price to Book Value | 4.70 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.30 | 5.22 |
| P/E (x) | 9.87 | 13.8 |
The Company Mehul Colours IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding of capital expenditure towards setup of a new manufacturing facility | 14.63 |
| 2 | Funding of Working Capital Requirements | 4.00 |
| 3 | General Corporate Purpose | 0.21 |
[Dilip Davda] MCL is engaged in the manufacturing of masterbatches of various types as per need of customers. Its top line marked gradual rise, but bottom line surged and almost doubled in the last three fiscals. It is operating in a highly competitive and fragmented segment. Based on recent financial data, the issue appears fully priced. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | August 6, 2025 |
| BSE Script Code | 544472 |
| NSE Symbol | |
| ISIN | INE1KH601014 |
| Final Issue Price | ₹72 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹85.00 |
| Low | ₹85.00 |
| High | ₹89.25 |
| Last Trade | ₹86.03 |
Mehul Colours Ltd.
Unit No - A 305,306, Kemp Plaza, Link Road,
Chincholi Bunder Road, Mind Space,
Near Evershine Mall, Malad West
Mumbai, Maharashtra, 400064
Phone: +91-22-2872 3555
Email: info@mehulcolours.com
Website: https://www.mehulcolours.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Mehul Colours IPO is a SME IPO of 30,08,000 equity shares of the face value of ₹10 aggregating up to ₹21.66 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on July 30, 2025, and closes on August 1, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Mehul Colours IPO using UPI as a payment gateway. Zerodha customers can apply in Mehul Colours IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Mehul Colours IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Mehul Colours IPO opens on July 30, 2025 and closes on August 1, 2025.
Mehul Colours IPO lot size is 1600, and the minimum amount required for application is ₹2,30,400, with 2 lots being the minimum application size.
You can apply in Mehul Colours IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Mehul Colours IPO will be done on Monday, August 4, 2025, and the allotted shares will be credited to your demat account by Tuesday, August 5, 2025. Check the Mehul Colours IPO allotment status.
The Mehul Colours IPO listing date is on Wednesday, August 6, 2025.
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