SME · BSE
Mehul Colours IPO

Mehul Colours IPO

Mehul Colours IPO

Overview

Mehul Colours IPO is a bookbuilding of ₹21.66 crores. The issue is entirely a fresh issue of 30.08 lakh shares. Mehul Colours IPO opens for subscription on July 30, 2025 and closes on August 1, 2025. The allotment for the Mehul Colours IPO is expected to be finalized on Monday, August 4, 2025. Mehul Colours IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, August 6, 2025. Mehul Colours IPO price band is set at ₹68 to ₹72 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,17,600 (3,200 shares). The minimum lot size investment for HNI is 3 lots (4,800 shares) amounting to ₹3,45,600. Seren Capital Private Limited is the book-running lead manager of the Mehul Colours IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Mehul Colours IPO is Asnani Stock Broker Private Limited.

Total Shares

30,08,000

Issue Size

₹21.66 Cr

Price Band

68 – ₹72

Lot Size

1600 shares

Min. Investment

2,30,400

Max. Investment

2,30,400

Open Date

30 Jul, 2025

Close Date

01 Aug, 2025

Allotment

04 Aug, 2025

Listing

06 Aug, 2025

Announced

30 Jul, 2025

Opening Date

30 Jul, 2025

Closing Date

01 Aug, 2025

Basis of Allotment

04 Aug, 2025

Initiation of Refunds

05 Aug, 2025

Credit of Shares

05 Aug, 2025

Listing Date

06 Aug, 2025

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About Mehul Colours IPO

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. f

Mehul Colours IPO Share Price

Issue Breakdown

Total Issue30,08,000 shares₹21.66 Cr
Fresh Issue0 shares
Offer for Sale0 shares

Shareholding

Pre-Issue75,41,040
Post-Issue1,05,49,040

Dilution: 39.9% increase in shares

Mehul Colours IPO Promoters Holding

Pre-Issue96.86%
Post-Issue

Mehul Colours IPO Financial Health

Mehul Colours Ltd.'s revenue increased by 5% and profit after tax (PAT) rose by 71% between the financial year ending with March 31, 2025 and March 31, 2024.

Mehul Colours IPO Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Individual investors (Retail) (Min)232002,30,400
Individual investors (Retail) (Max)232002,30,400
S-HNI (Min)348003,45,600
S-HNI (Max)8128009,21,600
B-HNI (Min)91440010,36,800

(All values in CR)

Mehul Colours IPO Valuations

The market capitalization of Mehul Colours IPO is ₹75.95 Cr. KPI as of Mon, Mar 31, 2025.

MetricValue
ROE38.46
ROCE43.53
RoNW32.26
PAT Margin24.11
EBITDA Margin30.17
Price to Book Value4.70

(All values in CR)

Mehul Colours IPO Strength & Risk

+Strengths

Mehul Colours IPO Strength:

  • Clear revenue & profitability: On an annualized basis per DRHP, revenue is ₹ 21.62 Cr and PAT ₹ 5.12 Cr, with strong EBITDA margin (29.1 %) and PAT margin (23.7 %).

  • In-house manufacturing & R&D: Operates its own integrated facility with testing and R&D capabilities for masterbatches, aiding quality control and product development.

  • Client diversification: Serves a broad base across industries and geographies, reducing customer-concentration risk.

  • Experienced promoters: Founders have long-standing industry presence, with a stable promoter holding (99.99 %) pre-IPO.

!Risks

Mehul Colours IPO Risk:

  • SME IPO listing concerns: Listing on BSE SME platform typically sees low liquidity, high volatility, and weak aftermarket interest.

  • Small scale business: FY figures (₹21.6 Cr turnover) reflect limited scale relative to broader plastics sector; financial adaptability may be constrained.

  • Valuation ambiguity: P/E data is not disclosed; potential for overvaluation vs sector average (19.7×) raises concern—limited transparency.

  • Concentrated promoter stake: With promoters holding nearly all the equity, public float post-IPO remains small, affecting tradability and liquidity.

  • SME segment risks: SME companies often face manipulation in grey markets, unpredictability in subscription, and poor listing returns.

Mehul Colours IPO GMP

Mehul Colours SME IPO last GMP is ₹0, last updated Jul 28th 2025 05:35 PM. With the price band of 72.00, Mehul Colours SME IPO's estimated listing price is ₹72 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.

00.0%

Last updated 28 Jul, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
28 Jul, 202572₹0-₹72 (0.00%)-28 Jul, 2025
27 Jul, 202572₹0-₹72 (0.00%)-27 Jul, 2025
26 Jul, 202572₹0-₹72 (0.00%)-26 Jul, 2025
25 Jul, 202572₹0-₹72 (0.00%)-25 Jul, 2025
24 Jul, 202572₹0-₹72 (0.00%)-24 Jul, 2025

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Mehul Colours IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Mehul Colours IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.