Unilex Colours and Chemicals IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 25 Sep 2024
Close Date
Fri, 27 Sep 2024
Price Band
₹ 82 – 87
Lot Size
1600
Issue Size
₹ 31.32 Cr
Minimum Investment
₹ 278,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Unilex Colours and Chemicals IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹31.32 Crore, comprising a fresh issue of 36.00 Lakh equity shares aggregating to ₹31.32 Crore.
The Unilex Colours and Chemicals IPO remained open for subscription from September 25, 2024, to September 27, 2024. The basis of allotment was finalized on September 30, 2024, and the company's shares were listed on NSE SME Platform on October 03, 2024.
The company had fixed the price band at ₹82 to ₹87 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹278,400 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Hem Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Unilex Colours and Chemicals Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Unilex Colours and Chemicals IPO Timeline (Tentative)
- IPO Open Date
- Wed, 25 Sep 24
- IPO Close Date
- Fri, 27 Sep 24
- Basis of Allotment
- Mon, 30 Sep 24
- Initiation of Refunds
- Tue, 01 Oct 24
- Credit of Shares to Demat
- Tue, 01 Oct 24
- Listing Date
- Thu, 03 Oct 24 — NSE & BSE
Open Date
25 September 2024
Close Date
27 September 2024
Basis Of Allotment
30 September 2024
Listing Date
03 October 2024
IPO Subscription
Check Live Subscription →The Unilex Colours and Chemicals IPO has received bids for 8,50,24,000 shares against 23,87,200 shares offered, resulting in an overall subscription of 35.62x. the NII category is subscribed 61.24x, Retail Investors 36.06x, and QIBs 15.58x.
QIB
15.58x
NII
61.24x
RII
36.06x
Total
35.62x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 11,93,600 shares, representing 33.16% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 6,81,600 shares (18.93%), while Non-Institutional Investors (NIIs) receive 5,12,000 shares (14.22%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 1,020,800 | 28.36% |
| Market Maker | 192,000 | 5.33% |
| Qualified Institutions | 681,600 | 18.93% |
| Non-Institutional | 512,000 | 14.22% |
| Retail Investors | 1,193,600 | 33.16% |
| Total | 3,600,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 9068.35 | 7072.31 | 7669.84 |
| Revenue | 14932.88 | 14441.84 | 15156.73 |
| Profit After Tax | 616.67 | 497.07 | 471.17 |
| Net Worth | 3686 | 3202.89 | 2805.98 |
| Reserve & Surplus | 2684.3 | 2868.99 | 2472.08 |
| Total Borrowings | 2161.4 | 1166.83 | 1135.09 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Unilex Colours and Chemicals Limited KPI Information
| Particular | KPI as of March 31, 2024 |
|---|---|
| ROE % | 17.93 |
| ROCE % | 6.32 |
| Debt / Equity | 0.59 |
| RoNW % | 16.73 |
| Pat Margin % | 4.29 |
Peers Comparison
No Peer Comparision Available
About Unilex Colours and Chemicals Limited
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.
Unilex Colours and Chemicals IPO Promoters
- Purushottam Brijlal Sharma
- Narendra Parameswarappa Kotehall
- Aditya Sharma
- Manojkumar Shyamsunder Sharma
- Rohit Krishnakumar Sharma
- Kabir Radheyshyam Sharma
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.56%
Unilex Colours and Chemicals IPO Objective
The company intend to utilize the proceeds of the Issue to meet the following objects:
- To Meet Working Capital Requirements;
- Repayment of a portion of certain borrowing availed by the company;
- General Corporate Purpose.
Unilex Colours and Chemicals Limited Address / Contact Details
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
Unilex Colours and Chemicals IPO Lot Size
The Unilex Colours and Chemicals IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹1,39,200 by applying for 1 lot (1,600 shares). The maximum application allowed for the retail category is 1 lots (1,600 shares), requiring an investment of ₹1,39,200.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 139,200.00 |
| Retail (Max) | 1 | 1,600 | 139,200.00 |
| S-HNI (Min) | 2 | 3,200 | 278,400.00 |
Issue Reservation
- Anchor Investors — 28.36%
- Market Maker — 5.33%
- QIB — 18.93%
- NII — 14.22%
- RII — 33.16%
Book Running Lead Managers
- Hem Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Unilex Colours and Chemicals IPO?
Unilex Colours and Chemicals IPO is a Book-building IPO with a total issue size of ₹31.32 crore. The Unilex Colours and Chemicals IPO price band is ₹82 to 87 per share. The Unilex Colours and Chemicals IPO subscription opens on Wed, Sep 25, 2024, and closes on Fri, Sep 27, 2024. The Unilex Colours and Chemicals IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Unilex Colours and Chemicals IPO.
When will the Unilex Colours and Chemicals IPO open for subscription?
The Unilex Colours and Chemicals IPO opens on Wed, Sep 25, 2024 and closes on Fri, Sep 27, 2024
What is Unilex Colours and Chemicals IPO Price Band?
Unilex Colours and Chemicals IPO Price Band is ₹82 to 87 per share.
What is Unilex Colours and Chemicals IPO Lot Size?
Unilex Colours and Chemicals IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹278400 based on the upper price band
What is the minimum investment for Unilex Colours and Chemicals IPO?
The minimum investment for Unilex Colours and Chemicals IPO is ₹278400, based on one lot of 1600 shares at the upper price band of ₹87 per share.
How to apply for Unilex Colours and Chemicals IPO?
Investors can apply for the Unilex Colours and Chemicals IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 27, 2024. The application amount remains blocked until the Unilex Colours and Chemicals IPO allotment is finalized.
What is Unilex Colours and Chemicals IPO Issue Size?
Unilex Colours and Chemicals IPO issue size is ₹31.32 crores.
What is the Unilex Colours and Chemicals IPO Allotment Date?
Unilex Colours and Chemicals IPO allotment date is Mon, Sep 30, 2024.
Who is the Unilex Colours and Chemicals IPO Registrar?
The registrar for Unilex Colours and Chemicals IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Unilex Colours and Chemicals IPO allotment status, refund processing, and other IPO-related information.
What is the Unilex Colours and Chemicals IPO GMP?
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 4.60% over the issue price.
Who is the Unilex Colours and Chemicals IPO Lead Manager?
The book-running lead managers (BRLMs) for the Unilex Colours and Chemicals IPO are Hem Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Unilex Colours and Chemicals IPO Red Herring Prospectus (RHP).