Mehul Colours Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,425,600 (47%) | — | ₹1,026 Cr |
| NII (HNI) | — | 428,800 (14%) | — | ₹309 Cr |
| Retail | — | 1,001,600 (33%) | — | ₹721 Cr |
| Market Maker | — | 152,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 3,008,000 (100%) | — | ₹21,658 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 24 | 23 | 21 |
| EBITDA | 7 | 4 | 4 |
| Profit After Tax | 6 | 3 | 3 |
| Net Worth | 17 | 12 | 8 |
| Total Assets | 19 | 14 | 11 |
| Reserves & Surplus | 10 | 11 | 8 |
| Total Borrowing | — | 0 | — |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding of capital expenditure towards setup of a new manufacturing facility – 14.63
- 2 Funding of Working Capital Requirements – 4.00
- 3 General Corporate Purpose – 0.21
Company Overview
Incorporated in 1995, Mehul Colours & Masterbatches Pvt. Ltd., is engaged in the manufacturing and exporting of masterbatches in India.
The company offers a diverse range of products, including white, black, color, and additive masterbatches, catering to various applications in plastics, rubbers, and elastomers.
The company's operates two facilities in Tungareshwar Industrial Estate, Vasai East, Mumbai, with capacities of 10,56,000 kg and 2,28,000 kg, each covering 3,200 sq. ft. of built-up area.
Products Offering:
- Masterbatches: They produces masterbatches—pigment and additive mixtures in polymers—for uniform color and enhanced properties like UV resistance, flame retardancy, and anti-static behavior in plastic products.
- Pigments: They manufactures pigments—organic for bright, vivid colors and inorganic for durability and heat resistance—used in plastics for uniform coloration, stability, and resistance in various industries.
As of June 30, 2025, the company had a total of 32 permanent employees in the Company.
Competitive Strengths:
- In-house manufacturing facilities with integrated testing & R&D capabilities
- Well diversified customer base spread across various industries & geography
- Long term relationship with the customers
- Experienced Promoters with Industry Expertise