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Shlokka Dyes IPO
1.17xsubscribed

Shlokka Dyes IPO

Chemicals
listed
₹2.11LMin. investment

Shlokka Dyes Limited IPO Details

SectorChemicals
Price range₹88.00 – ₹91.00
IPO type
SME
Lot size1200 shares
Issue size₹63Cr
Draft Red Herring Prospectus
Read
Market cap
₹214.09CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹103.21CrLower than sector avg
Growth rate3Y CAGR
243%

Shlokka Dyes IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Sep-25
0.0 times (X)
0.0 times (X)
0.0 times (X)
0.0 times (X)
01-Oct-25
0.0X
0.01X
0.01X
0.01X
02-Oct-25
0.0X
0.01X
0.01X
0.01X
03-Oct-25
0.0X
0.01X
0.03X
0.02X
06-Oct-25
0.54X
0.02X
0.09X
0.22X
07-Oct-25
0.54X
0.04X
0.14X
0.26X
08-Oct-25
0.54X
0.05X
0.22X
0.31X
09-Oct-25
0.54X
0.94X
0.35X
0.63X
10-Oct-25
0.54X
0.95X
0.38X
0.65X
13-Oct-25
1.54X
1.09X
0.48X
0.85X
14-Oct-25
1.54X
1.86X
0.65X
1.17X

As on 30-Sep-25, 5:30 PM

Shlokka Dyes IPO Timeline

  1. Pre-apply
    29 Sep 2025
  2. Bid start
    30 Sep 2025
  3. Bid end
    14 Oct 2025
  4. Allotment
    15 Oct 2025
  5. Release of funds
    16 Oct 2025
  6. Demat transfer
    16 Oct 2025
  7. Listing
    17 Oct 2025

About Shlokka Dyes Limited

Incorporated in July 2021, Shlokka Dyes in the business of manufacturing synthetic organic dyes, primarily reactive dyes for the textile industry. The company offers diverse portfolio of dyes, including direct dyes, basic, vat, acid, digital printing, and paper dyes, catering to wide range of industries such as textiles, leather, paper, and paints etc. The company has ISO-certified manufacturing facility with 9,000 metric ton (MT) per annum capacity, with FY25 capacity utilisation at 4,505.91 MT (50%). In FY25, reactive black (56.06%) and reactive red (12.86%) contributed majorly to the revenue. Domestic sales accounted for 90.99% of revenue, while rest came from the international markets. Gujarat (78.35%) and Punjab (11.78%) were among key states in terms of revenue contribution, while Uzbekistan (9.01%) accounted for major part of export revenue.

Checklist

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Objectives of Shlokka Dyes Limited IPO

Working capital
44.09%
The company will utilise ₹28 crore for funding working capital requirement
General corporate purposes
28.10%
Part of the IPO proceeds will be used for general corporate purposes
Repayment of loan
18.11%
The company will utilise ₹11.50 crore to repay the term loan
Capital expenditure
9.65%
The company will utilise ₹6.13 crore for plant and machinery

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹103.21Cr243%₹10.01Cr₹214.09Cr15.041.02
This sector (avg.)₹778.53Cr0%₹63.39Cr₹4,831.31Cr115.610.47
₹13,140.31Cr---₹2,096.17Cr₹1,45,645.1Cr65.540.05
₹7,540.26Cr---₹1,287.93Cr₹1,21,980.6Cr92.360.22
₹14,693.07Cr---₹1,250.78Cr₹83,482.13Cr46.920.37

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Shlokka Dyes IPO Contact Details

Company NameShlokka Dyes Limited

How to apply for Shlokka Dyes IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Shlokka Dyes Limited IPO FAQs