Mehul Colours IPO
Open SmeCurrent GMP
₹11 (+15.28%)
Price Band
₹ 68 – 72
Lot Size
1600
Issue Size
₹21.66 Cr
Minimum Investment
₹230400 (3200 Shares)
Listing Date
06 August 2025
Subscription
7.5x
About the Company
Incorporated in 1995, Mehul Colours & Masterbatches Pvt. Ltd., is engaged in the manufacturing and exporting of masterbatches in India.
Product Portfolio:
- Masterbatches:
- Types: White, black, color, additive, special effect, and filler masterbatches
- Applications: Used to provide uniform coloration and enhance properties like UV resistance, flame retardancy, anti-static behavior, and more in plastic products
- Additives include: UV Stabilizers, Slip/Anti-block agents, Flame Retardants, Impact Modifiers, and others
- Pigments:
- Types: Organic (bright, vivid colors) and inorganic (durability, heat resistance)
- Used in custom pigment solutions for various customer needs
Facilities:
- Location: Tungareshwar Industrial Estate, Vasai East, Mumbai, Maharashtra
- Units:
- Unit 1: Annual capacity of 10,56,000 kg, built-up area 3,200 sq. ft.
- Unit 2: Annual capacity of 2,28,000 kg, built-up area 3,200 sq. ft.
Operations & Customers:
- Employee Strength (as of June 30, 2025): 32 permanent employees
- Customer Base: 500+ customers across diverse industries such as:
- Stationery, toys, household products, agricultural tools, pipes, fittings, packaging, wires, cables, electrical accessories, sheets, etc.
Competitive Strengths:
- In-house manufacturing with R&D and testing capabilities
- Diversified customer base across multiple industries and regions
- Long-term client relationships
- Experienced promoters with deep industry knowledge
Promoters
- Mehul Pravinchandra Joshi
- Bhakti Mehul Joshi
Promoters Holding
Holding Pre Issue
96.86%
Holding Post Issue
0.00%
Objects of the Issue
Our Company intends to utilize the Proceeds of the Issue to meet the following objects.
- Funding of capital expenditure towards setup of new manufacturing facility
- Funding of Working Capital Requirements
- General Corporate Purpose
Address / Contact Info
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 30 July 2025
IPO Close Date
Friday, 01 August 2025
Basis of Allotment
Monday, 04 August 2025
Initiation of Refunds
Tuesday, 05 August 2025
Credit of Shares to Demat
Tuesday, 05 August 2025
Listing Date
Wednesday, 06 August 2025 — NSE & BSE
Important Dates
Open Date
30 July 2025
Close Date
01 August 2025
Basis Of Allotment
04 August 2025
Listing Date
06 August 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 18.95 | 13.87 | 10.82 |
| Revenue | 23.71 | 22.66 | 21.37 |
| Profit After Tax | 5.5 | 3.22 | 2.94 |
| Net Worth | 17.06 | 11.56 | 8.36 |
| Reserve & Surplus | 9.52 | 11.27 | 8.07 |
| Total Borrowings | 0 | 0.36 | 0 |
EPS Pre
7.30%
EPS Post
5.22%
P/E Pre
9.87
P/E (Post Issue)
13.80x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 38.46 | 32.32 | 42.68 |
| ROCE % | 43.53 | 36.67 | 49.41 |
| Debt / Equity | 0 | 0.03 | 0 |
| RoNW % | 32.26 | 27.85 | 35.17 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 24.11 | 14.67 | 13.88 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 571200 | 26.52 | 0 |
| Non-Institutional | 580800 | 26.97 | 0 |
| Retail Investors | 1001600 | 46.51 | 0 |
| Total | 2153600 | 100 | 0 |
Subscription Status ( Fri, 01 Aug 25 01:55 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 571200 | 7734400 | 13.54x |
| Non-Institutional | 580800 | 4832000 | 8.32x |
| Retail Investors | 1001600 | 3593600 | 3.59x |
| Total | 2153600 | 16160000 | 7.5x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Mehul Colours Ltd | 10 | 0.00 | 7.30 | 7.30 | 32.26 | 22.62 |
| Polylink Polymers (India) Ltd | 5 | 28.00 | 0.96 | 0.96 | 7.13 | 13.52 |
| Deep Polymers Limited | 10 | 25.68 | 2.13 | 2.13 | 5.75 | 38.47 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 230,400.00 |
| Retail (Max) | 2 | 3,200 | 230,400.00 |
| S-HNI (Min) | 3 | 4,800 | 345,600.00 |
| S-HNI (Max) | 8 | 12,800 | 921,600.00 |
| B-HNI (Min) | 9 | 14,400 | 1,036,800.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Seren Capital Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Mehul Colours IPO is a Book-building IPO worth ₹21.66 crores. The price band is ₹68 to 72 per share. The IPO opens on Wed, Jul 30, 2025 and closes on Fri, Aug 1, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Mehul Colours IPO opens on Wed, Jul 30, 2025 and closes on Fri, Aug 1, 2025
Mehul Colours IPO Price Band is ₹68 to 72.
Mehul Colours IPO lot size is 1600, and the minimum amount required for application is ₹230400.
The minimum investment for Mehul Colours IPO is approximately ₹230400 based on the upper price band.
To apply for the Mehul Colours IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Aug 1, 2025. After submission, funds are blocked until the basis of allotment of Mehul Colours IPO is finalised.
Mehul Colours IPO issue size is ₹21.66 crores.
Mehul Colours IPO allotment date is Sat, Jun 27, 2026.
The registrar for Mehul Colours IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Mehul Colours IPO through their official website or helpline.
The Mehul Colours IPO GMP (Grey Market Premium) is ₹11 as of Wed, Aug 6, 2025. Based on the upper price band of ₹72 per share, the estimated Mehul Colours IPO listing price is ₹83, indicating a potential listing gain of approximately 31% over the issue price.