Bookbuilding IPO | ₹58 Cr | Listed at BSE SME | Tue, Sep 30, 2025 - Tue, Oct 14, 2025
Shlokka Dyes IPO is a book build issue of ₹57.79 crores. The issue is entirely a fresh issue of 0.64 crore shares of ₹57.79 crore.
Shlokka Dyes IPO bidding started from Sep 30, 2025 and ended on Oct 14, 2025. The allotment for Shlokka Dyes IPO was finalized on Oct 15, 2025. The shares got listed on BSE SME on Oct 17, 2025.
Shlokka Dyes IPO price band is set at ₹91 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,18,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,27,600.
Interactive Financial Services 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 Aftertrade Broking Pvt.Ltd..
Refer to Shlokka Dyes IPO RHP for detailed Information.
IPO Open
Tue, Sep 30, 2025
IPO Close
Tue, Oct 14, 2025
Issue Price
₹91 per share
Market Cap (Pre-IPO)
₹194.82 Cr
| IPO Date | 30 Sep to 14 Oct, 2025 |
| Listed on | Fri, Oct 17, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹88 to ₹91 |
| Issue Price | ₹91 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 63,50,400 shares (agg. up to ₹58 Cr) |
| Reserved for Market Maker | 3,24,000 shares Aftertrade Broking Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 60,26,400 shares (agg. up to ₹55 Cr) |
| Net Offered to Public | 60,26,400 shares (agg. up to ₹55 Cr) |
| Share Holding Pre Issue | 1,50,58,148 shares |
| Share Holding Post Issue | 2,14,08,548 shares |
| BSE Script Code | 544582 |
| ISIN | INE1EUB01016 |
Shlokka Dyes IPO comprises a total issue size of 63,50,400 shares. The net offer to the public is 60,26,400 shares, after excluding 3,24,000 shares allotted on a firm basis. Of the Net offer 6,03,600 (10.02%) are allocated to QIB, 16,26,000 (26.98%) allocated to NII 37,96,800 (63.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 6,03,600 | 10.02% | 9.50% |
| NII (HNI) Shares Offered | 16,26,000 | 26.98% | 25.60% |
| − bNII > ₹10L | 10,83,600 | 17.06% | |
| − sNII < ₹10L | 5,42,400 | 8.54% | |
| Retail Shares Offered | 37,96,800 | 63.00% | 59.79% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,24,000 | 5.10% | |
| Total Shares Offered | 63,50,400 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,18,400 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,18,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,27,600 |
| S-HNI (Max) | 9 | 10,800 | ₹9,82,800 |
| B-HNI (Min) | 10 | 12,000 | ₹10,92,000 |
Incorporated in 2021, Shlokka Dyes Limited is engaged in the manufacturing of reactive dyes and pigments, specializing in synthetic organic dyes used extensively in the textile industry, available in basic forms or concentrates.
The company offers a wide range of dyes, including reactive, direct, basic, and digital printing dyes, serving industries like textiles, leather, and paper with superior quality and versatile applications.
The company uses stringent quality control through an in-house lab, conducting tests like HPLC, shade matching, fastness, stability, and compatibility checks to ensure products meet customer requirements and quality standards.
The company's manufacturing facility in Gujarat, covering 5000 sq. meters with a 5731.81 sq. meter factory, holds ISO certifications and has an annual capacity of 9000 MT, ensuring high-quality production.
Product Portfolio:
Competitive Strengths:
Shlokka Dyes Ltd.'s revenue increased by 68% and profit after tax (PAT) rose by 104% 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 | 91.58 | 67.19 | 38.77 |
| Total Income | 103.45 | 61.69 | 8.80 |
| Profit After Tax | 10.01 | 4.92 | 0.60 |
| EBITDA | 18.68 | 12.81 | 1.61 |
| NET Worth | 27.19 | 17.57 | 8.59 |
| Reserves and Surplus | 12.20 | 17.63 | 8.69 |
| Total Borrowing | 27.92 | 28.79 | 19.79 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for plant and machineries | 6.13 |
| 2 | Repayment of Debt | 11.50 |
| 3 | Working Capital | 28.00 |
| 4 | General corporate purposes | 6.77 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 36.82% |
| ROCE | 36.14% |
| Debt/Equity | 1.02 |
| RoNW | 36.73% |
| PAT Margin | 9.68% |
| EBITDA Margin | 18.05% |
| Price to Book Value | 5.04 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.65 | 4.68 |
| P/E (x) | 13.69 | 19.46 |
| Promoter Holding | 100% | 71.33% |
| Market Cap | ₹194.82 Cr. |
The Shlokka Dyes IPO is subscribed 1.12 times on October 14, 2025 5:04:46 PM (Day 11). The public issue subscribed 0.65 times in the individual investors category, 1.02 times in the QIB category, and 2.24 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.02 | 6,03,600 | 6,14,400 | 0 |
| NII* | 2.24 | 16,26,000 | 36,42,000 | 0 |
| bNII (bids above ₹10L) | 3.09 | 10,83,600 | 33,48,000 | |
| sNII (bids below ₹10L) | 0.54 | 5,42,400 | 2,94,000 | |
| Individual Investor | 0.65 | 37,96,800 | 24,86,400 | 0 |
| Total | 1.12 | 60,26,400 | 67,42,800 | 1,159 |
Total Application : 1,159
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | 3.72 |
| 2 | Brokerage, selling commission and Marketing | 1.00 |
| 3 | Registrar to the Issue | 0.04 |
| 4 | Legal Advisors | 0.05 |
| 5 | Advertising and marketing expenses | 0.15 |
| 6 | Regulators including stock exchanges | 0.15 |
| 7 | Printing and distribution of issue stationary | 0.08 |
| 8 | Others (Market Making fees etc.) | 0.20 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹91.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹90.00 |
| Last Trade | ₹85.50 |
Lead Manager Reports
Shlokka Dyes IPO is a SME IPO of 63,50,400 equity shares of the face value of ₹10 aggregating up to ₹58 Crores. The issue is priced at ₹91 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Sep 30, 2025, and closes on Tue, Oct 14, 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 Shlokka Dyes IPO using UPI as a payment gateway. Zerodha customers can apply in Shlokka Dyes IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shlokka Dyes IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shlokka Dyes IPO opens on Tue, Sep 30, 2025 and closes on Tue, Oct 14, 2025.
Shlokka Dyes IPO lot size is 1200, and the minimum amount required for application is ₹2,18,400, with 2 lots being the minimum application size.
You can apply in Shlokka Dyes 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 Shlokka Dyes IPO will be done on Wednesday, October 15, 2025, and the allotted shares will be credited to your demat account by Thu, Oct 16, 2025. Check the Shlokka Dyes IPO allotment status.
The Shlokka Dyes IPO listing date is on Fri, Oct 17, 2025.
