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Shlokka Dyes Ltd. 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 ₹91.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,18,400.00 (2,400 shares) (based on upper price). The minimum lot size investment for 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 Date | September 30, 2025 to October 14, 2025 |
| Listing Date | October 17, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹88 to ₹91 per share |
| Issue Price Final | ₹91 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 63,50,400 shares (aggregating up to ₹57.79 Cr) |
| Reserved for Market Maker | 3,24,000 shares Aftertrade Broking Pvt.Ltd. (aggregating up to ₹2.95 Cr) |
| Net Offered to Public | 60,26,400 shares (aggregating up to ₹54.84 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,50,58,148 shares |
| Share Holding Post Issue | 2,14,08,548 shares |
Shlokka Dyes IPO offers total 63,50,400 shares. Out of which 6,03,600 (9.50%) allocated to QIB, 16,26,000 (25.60%) allocated to NII 37,96,800 (59.79%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,24,000 (5.10%) |
| QIB Shares Offered | 6,03,600 (9.50%) |
| NII (HNI) Shares Offered | 16,26,000 (25.60%) |
| − bNII > ₹10L | 10,83,600 (17.06%) |
| − sNII < ₹10L | 5,42,400 (8.54%) |
| Retail Shares Offered | 37,96,800 (59.79%) |
| Total Shares Offered | 63,50,400 (100.00%) |
Shlokka Dyes IPO opens on September 30, 2025, and closes on October 14, 2025.
| IPO Open Date | Tue, Sep 30, 2025 |
| IPO Close Date | Tue, Oct 14, 2025 |
| Tentative Allotment | Wed, Oct 15, 2025 |
| Initiation of Refunds | Thu, Oct 16, 2025 |
| Credit of Shares to Demat | Thu, Oct 16, 2025 |
| Tentative Listing Date | Fri, Oct 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 14, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 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 | 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 |
| Market Capitalization | 194.82 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.65 | 4.68 |
| P/E (x) | 13.69 | 19.46 |
The Company Shlokka Dyes 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 | 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 |
[Dilip Davda] SDL is in the business of manufacturing reactive dyes which is extensively used in textile industry. While it marked growth for FY23 to FY25, its top line declined sharply for FY24. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Well-informed/cash surplus investors may park moderate funds for long term. Due to poor response, while it has extended the date to October 2025, and also reduced the price band to Rs. 90 - Rs. 95 per share, my conclusion remains same. Read detail review...
| Listing Date | October 17, 2025 |
| BSE Script Code | 544582 |
| NSE Symbol | |
| ISIN | INE1EUB01016 |
| Final Issue Price | ₹91 per share |
| BSE Listing Group | MT (Trade to Trade) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹91.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹90.00 |
| Last Trade | ₹85.50 |
Shlokka Dyes Ltd.
Plot No-C/54,
GIDC, Saykha, Saran, ,
Vagra
Bharuch, Gujarat, 392140
Phone: +91 90334 41760
Email: cs@shlokkadyes.com
Website: http://www.shlokkadyes.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Shlokka Dyes IPO is a SME IPO of 63,50,400 equity shares of the face value of ₹10 aggregating up to ₹57.79 Crores. The issue is priced at ₹91 per share. The minimum order quantity is 1200.
The IPO opens on September 30, 2025, and closes on October 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 September 30, 2025 and closes on October 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 Thursday, October 16, 2025. Check the Shlokka Dyes IPO allotment status.
The Shlokka Dyes IPO listing date is on Friday, October 17, 2025.
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