Mehul Colours Limited IPO
Mehul Colours Limited IPO
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹68 - ₹72

Total Issue

₹22 Cr

Bid Dates

30 Jul - 01 Aug

Subscription

8.00x

Listing Price

₹85 (18.06%)

Website RHP Check Allotment

Valuation

Market Cap

₹75.95 Cr

P/E Ratio

9.86x

P/B Ratio

3.18x

Mehul Colours IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Mehul Colours Limited specializes in manufacturing masterbatches—concentrated pigment and additive blends used in the plastics industry. These compounds are dispersed in polymer carriers to ensure uniform colour and performance enhancements in plastic products. Masterbatches improve visual appeal and impart specific properties such as UV resistance, flame retardancy, and anti-static behavior, enabling consistent quality in plastic processing.

Mehul Colours IPO Lot Size

Lot Information for Mehul Colours IPO
Category Lots Shares Amount
Ind (Min) 2 3,200 ₹2,30,400
Ind (Max) 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
Allocate Funds
Market Maker
1,52,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Mehul Colours IPO Size

Total ₹22 Cr
Fresh Issue
₹22 Cr (0.30 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding of capex towards setup of a new manufacturing facility
  2. Funding of Working Capital Requirements
  3. General Corporate Purpose

Mehul Colours IPO Live Subscription

Updated as on 01 Aug 2025 | 05:00:00 PM

Mehul Colours IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 13.54x 5,71,200 77,34,400
NII 10.91x 4,28,800 46,80,000
bHNI 13.74x 2,86,400 39,34,400
sHNI 5.24x 1,42,400 7,45,600
Individual 3.59x 10,01,600 35,93,600
Total 8.00x 20,01,600 1,60,08,000

Mehul Colours IPO Details Live GMP

GMP ₹11
Est. Price ₹83
Est. Gain 15.28%

Mehul Colours IPO Peer Comparison

(Rs. in crores)

Mehul Colours IPO Peer Comparison Table
Particulars Mehul Colours Polylink Polymers Deep Polymers
Revenue from Ops (in Crs.) 22.82 90.32 98.17
PAT (In Crs.) 5.50 2.13 5.20
EPS - Basic 7.30 0.96 2.13
RONW 32.26% 7.13% 5.75%
EBITDA 30.17% 3.81% 13.84%
PAT Margin 24.11% 2.36% 5.30%
Price to earning (PE) 9.86 28.00 25.68
  • All the information pertains to FY 2023-24

Mehul Colours IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Mehul Colours IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 22.82 21.94 21.18
Profit after Tax 5.50 3.22 2.94
Net Worth 0.00 0.00 0.00
Total Borrowing 0.00 0.36 0.00
Total Assets 18.95 13.87 10.82
NAV per share (in ₹) 22.62 15.33 11.08
EPS - Basic (in ₹) 7.30 4.27 3.90

Key Performance Indicators (KPIs)

EBITDA

30.17%

PAT

24.11%

ROE

38.46%

ROCE

43.53%

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band

Promoter Holding

Promoter

96.86%

Public

3.14%

Mehul Joshi 88.23%
Bhakti Joshi 8.62%
Other Promoter 0.01%

Management

Mehul Joshi
Chairman & MD
Rashmi Parab
CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Lead Managers (1)

Seren Capital

Company Details

Name: Mehul Colours Limited

Address: Unit No - A 305,306, Kemp Plaza, Link Road, Chincholi Bunder Road, Mind Space, Near Evershine Mall, Malad West, Mumbai, Maharashtra, India, 400064

Number: +91-22-28723555 / 2872 7874

Email: info@mehulcolours.com

Website: https://www.mehulcolours.com

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Frequently Asked Questions (FAQs)

What is Mehul Colours IPO?
Mehul Colours IPO is a SME IPO having an issue size of ₹22 Crs. Mehul Colours IPO is priced at ₹68 - ₹72 per share. The issue opens on 30 Jul 25 and closes on 01 Aug 25.
When will Mehul Colours IPO open?
Mehul Colours IPO opens on 30 Jul 25 and closes on 01 Aug 25.
What is the GMP of Mehul Colours IPO?
The estimated Grey Market Premium of Mehul Colours IPO is ₹11 per share (15.28%).
What is the lot size of Mehul Colours IPO?
The minimum lot size of Mehul Colours IPO is 1600 shares & the minimum application amount is Rs. 115200.
When is the allotment of Mehul Colours IPO?
The allotment date of Mehul Colours IPO is 04 Aug 25.
What is the listing date of Mehul Colours IPO?
The listing date of Mehul Colours IPO is 06 Aug 25.
What is the subscription of Mehul Colours IPO?
Mehul Colours IPO is subscribed 7.5 times.
What is the price band of Mehul Colours IPO?
Mehul Colours IPO is priced at ₹68 - ₹72 per share.
How to check allotment status of Mehul Colours IPO?
Click the allotment link on Mehul Colours IPO page of IPO360.
How to apply Mehul Colours IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Mehul Colours IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Mehul Colours IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Mehul Colours IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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