7.30xsubscribed
Mehul Colours IPO
7.30xsubscribed
Plastic Products
listed
7.30xsubscribed
₹2.18LMin. investment
Mehul Colours Limited IPO Details
Sector
Plastic Products
Issue size
₹21Cr
IPO type
SME
Market cap
₹75.95CrLower than sector avg
Price range
₹68.00 – ₹72.00
Listing exchange
BSE
RevenueApr 2024 - Mar 2025
₹22.82CrLower than sector avg
Listing date
6 Aug 2025
Lot size
1600 shares
Red Herring Prospectus
Read
Growth rate3Y CAGR
2.50%
SectorPlastic Products
Price range₹68.00 – ₹72.00
IPO type
SME
Lot size1600 shares
Issue size₹21Cr
Red Herring Prospectus
Read
Market cap
₹75.95CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹22.82CrLower than sector avg
Growth rate3Y CAGR
2.50%
Mehul Colours IPO Subscription Status
As on 30-Jul-25, 5:30 PM
Mehul Colours IPO Timeline
- Pre-apply29 Jul 2025
- Bid start30 Jul 2025
- Bid end1 Aug 2025
- Allotment4 Aug 2025
- Release of funds5 Aug 2025
- Demat transfer5 Aug 2025
- Listing6 Aug 2025
About Mehul Colours Limited
Mehul Colours Limited, established in 1995, specialises in manufacturing masterbatches and pigments that enhance the colour, durability, and performance of plastics. The company operates two production facilities in Palghar with a combined capacity of 12,84,000 kg and plan to establish a new manufacturing facility Vasai to increase capacity and enter the polymer compounds market. The company supplies its products to over 500+ customers spanning a broad array of industries, including stationery, plastic household products, plastic toys, agricultural tools and others across 16 states in India. In FY25, masterbatches accounted for 84.17% of overall revenue, while rest of the revenue came from pigments sales. The company also exports its products to countries like Canada, Jordan, Qatar and Thailand, contributing 6.83% of FY25 revenue.
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Objectives of Mehul Colours Limited IPO
Capital expenditure
67.54%
Working capital
18.47%
General corporate purposes
14.00%
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Mehul Colours IPO Contact Details
Company NameMehul Colours Limited
How to apply for Mehul Colours IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.