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Unilex Colours and Chemicals IPO

Open Sme
NSE 25 September - 27 September 2024
Unilex Colours and Chemicals Limited IPO is a book build issue of 31.32 Cr. The issue is entirely a fresh issue of 3600000 shares aggregating to 31.32 Cr. Unilex Colours and Chemicals Limited IPO opened for subscription on Sep 25, 2024 and closed on Sep 27, 2024. The allotment for the this IPO was finalized on Sep 30, 2024. IPO was listed on NSE and BSE on Oct 03, 2024. Unilex Colours and Chemicals Limited IPO is set issue price band at ₹82 to ₹87 per share.

Current GMP

₹4 (+4.60%)

Price Band

₹ 82 – 87

Lot Size

1600

Issue Size

₹31.32 Cr

Minimum Investment

₹278400 (3200 Shares)

Listing Date

03 October 2024

Subscription

35.62x

About the Company

Unilex Colours and Chemicals specializes in manufacturing pigments and trading chemicals and food colors. Its pigments are utilized across various industries, including plastics, rubber, textiles, paper, printing inks, paints, and coatings. The company focuses on producing Pigment Blue 15:3 and 15:4, with an annual production capacity of 1,878 metric tons. All products are marketed under the registered brand name "Unilex." Unilex serves both domestic and international markets, providing a diverse range of pigment solutions from its manufacturing facility in Palghar, Maharashtra.

In addition to its signature pigments, Unilex offers a variety of other pigments, including Pigment Green-7, Pigment Middle Chrome, Pigment Violet 23 & 27, and Ultramarine Blue, sourced from third-party manufacturers. The company exports to countries such as Vietnam, Brazil, Mexico, Nigeria, and Russia, among others. It also provides flexible packaging options, including multi-layer paper bags, corrugated boxes, HDPE bags, wooden pallets, and jumbo bags.

Promoters

  1. Purushottam Brijlal Sharma
  2. Narendra Parameswarappa Kotehall
  3. Aditya Sharma
  4.  Manojkumar Shyamsunder Sharma
  5. Rohit Krishnakumar Sharma
  6. Kabir Radheyshyam Sharma
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

73.56%

Objects of the Issue

The company intend to utilize the proceeds of the Issue to meet the following objects:

  1. To Meet Working Capital Requirements;
  2. Repayment of a portion of certain borrowing availed by the company;
  3. General Corporate Purpose.

Address / Contact Info

Unilex Colours and Chemicals Limited
106-107, Advent Atria,
Chincholi Bunder Road
Malad (W) Mumbai-400064
Phone: +91-22-28886235
Email: cs@unilexcolours.in
Website: https://unilexcolours.in

IPO Snapshot

Face Value₹10 per share
Price Band₹ 82 – 87
Lot Size1600
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 31.32 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 31.32 Cr
Listing AtNSE
Industry
Sector
QIB Quota18.93%
Retail Quota33.16%

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.

Unilex Colours and Chemicals IPO is a Book-building IPO worth ₹31.32 crores. The price band is ₹82 to 87 per share. The IPO opens on Wed, Sep 25, 2024 and closes on Fri, Sep 27, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Unilex Colours and Chemicals IPO opens on Wed, Sep 25, 2024 and closes on Fri, Sep 27, 2024

Unilex Colours and Chemicals IPO Price Band is ₹82 to 87.

Unilex Colours and Chemicals IPO lot size is 1600, and the minimum amount required for application is ₹278400.

The minimum investment for Unilex Colours and Chemicals IPO is approximately ₹278400 based on the upper price band.

To apply for the Unilex Colours and Chemicals 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, Sep 27, 2024. After submission, funds are blocked until the basis of allotment of Unilex Colours and Chemicals IPO is finalised.

Unilex Colours and Chemicals IPO issue size is ₹31.32 crores.

Unilex Colours and Chemicals IPO allotment date is Sat, Jun 27, 2026.

The registrar for Unilex Colours and Chemicals IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Unilex Colours and Chemicals IPO through their official website or helpline.

The Unilex Colours and Chemicals IPO GMP (Grey Market Premium) is ₹4 as of Thu, Oct 3, 2024. Based on the upper price band of ₹87 per share, the estimated Unilex Colours and Chemicals IPO listing price is ₹91, indicating a potential listing gain of approximately 31% over the issue price.