The Unilex Colours and Chemicals IPO is set to open on September 25, 2024, and will conclude on September 27, 2024. This IPO is structured as a Book Built Issue, allowing the company to raise approximately ₹31.32 crores. Moreover, This amount consists of a fresh issue of ₹31.32 crores, alongside an offer for sale of up to [.] equity shares, each with a face value of ₹10. Additionally, With this initiative, Unilex aims to bolster its financial foundation and expand its market presence.
Table of contents
- Unilex Colours and Chemicals IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Lakhs)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- Unilex Colours and Chemicals IPO GMP (Grey Market Premium)
- Unilex Colours and Chemicals IPO Application Form PDF
- Unilex Colours and Chemicals IPO Subscription Status
- Unilex Colours and Chemicals IPO Allotment Status
- IPO Review
- Unilex Colours and Chemicals IPO Registrar
- Unilex Colours and Chemicals IPO Lead Manager
- Unilex Colours and Chemicals Limited Contact
- FAQs
Unilex Colours and Chemicals IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Unilex Colours and Chemicals Limited |
| Industry | Chemicals |
| IPO Issue Type | Book Built Issue |
| Open Date | September 25, 2024 |
| Close Date | September 27, 2024 |
| Total Issue Size | ₹31.32 Crores(3,600,000 Equity Shares) |
| Fresh Issue | ₹31.32 Crores(3,600,000 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹82 to ₹87 per share |
| Listing on | NSE SME |
| Lot Size | 1600 Shares |
| Offer for Sale | NA |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
Unilex Colours and Chemicals Limited is strategically located at 106-107, Advent Atria, Chincholi Bunder Road, Malad (W), Mumbai-400064, Maharashtra. The company specializes in manufacturing pigments and trading chemicals and food colours. Notably, the pigments produced by Unilex have versatile applications across various industries, including plastics, rubber, textiles, paper, printing inks, paints, and coatings. Under the brand name “UNILEX,” the company caters to both national and international markets, offering an extensive range of pigment solutions tailored to diverse industrial needs.
The manufacturing facility is situated at MIDC – Tarapur, Palghar, Maharashtra, covering approximately 1,275 square meters. It is equipped with advanced machinery such as Ball Mill Machines, Root Blowers, Silos, Reaction Steel Vessels, Brick Lined Vessels, Rubber Lined Vessels, Drowning Vessels, Spin Flash Dryers, Ribbon Blenders, Air Classifier Mill Machines, Air Blenders, and Filter Press Machines. Furthermore, This array of equipment enables the company to stay at the forefront of technology and industry trends, thanks to the efforts of its passionate engineers.
Moreover, Unilex has established a robust export network, delivering products to countries including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Spain, Malaysia, Thailand, the United Arab Emirates, and Uzbekistan. By fostering long-term relationships with various corporations, the company has successfully expanded its product offerings, processes, and geographic reach. Its customer base spans multiple industries, including plastics, rubber, textiles, paper, printing inks, and paints & coatings.
Key Dates
| Events | Date |
|---|---|
| IPO Open Date | September 25, 2024 |
| IPO Close Date | September 27, 2024 |
| Basis of Allotment | September 30, 2024 |
| Refunds | October 1, 2024 |
| Credit to Demat Account | October 1, 2024 |
| IPO Listing Date | October 3, 2024 |
Financials (₹ in Lakhs)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹9,068.35 | ₹7,072.31 | ₹7,669.84 |
| Revenue | ₹14,932.88 | ₹14,441.84 | ₹15,156.73 |
| Profit After Tax | ₹616.67 | ₹497.07 | ₹471.17 |
| Net Worth | ₹3,686 | ₹3,202.89 | ₹2,805.98 |
| Reserves and Surplus | ₹2,684.3 | ₹2,868.99 | ₹2,472.08 |
| Total Borrowing | ₹2,161.4 | ₹1,166.83 | ₹1,135.09 |
IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹139,200 |
| Retail (Max) | 1 | 1600 | ₹139,200 |
| HNI (Min) | 2 | 3200 | ₹278,400 |
The objective of the Issue
- Additionally, The funds will be utilized to meet working capital needs.
- Repay a portion of the company’s existing borrowing.
- Support general corporate purposes.
Company Promoters
- Mr. Purushottam Brijlal Sharma
- Mr. Narendra Parameswarappa Kotehall
- Mr. Aditya Sharma
- Mr. Manojkumar Shyamsunder Sharma
- Mr. Rohit Krishnakumar Sharma
- Mr. Kabir Radheyshyam Sharma
Unilex Colours and Chemicals IPO GMP (Grey Market Premium)
Are you curious about the latest Grey Market Premium (GMP) for the Unilex Colours and Chemicals IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Unilex Colours and Chemicals Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Unilex Colours and Chemicals IPO Application Form PDF
To download the Unilex Colours and Chemicals IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Unilex Colours and Chemicals IPO Subscription Status
This IPO subscription kicks off on September 25, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Unilex Colours and Chemicals IPO Allotment Status
To check the Unilex Colours and Chemicals IPO allotment status go to the IPO registrar website Link Intime or go to IPO Allotment.
Furthermore, To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- We have established long-standing relationships with a diverse customer base across various regions.
- Moreover, Our product offerings encompass a broad range of options to meet diverse needs.
- We cater to a wide array of industries, ensuring versatility in our services.
- Additionally, Our experienced promoters and directors lead a strong management team with in-depth industry knowledge.
- Our robust research and development capabilities facilitate product innovation and customization to better serve our clients.
Risks:
- First and foremost, market volatility may affect the stock price post-issue.
- Additionally, fluctuations in raw material prices could negatively impact profitability.
- Furthermore, there is a risk associated with dependence on key customers and industries, making the company vulnerable to changes in demand.
- Moreover, regulatory changes in the chemicals sector may pose compliance challenges.
- Operational issues at manufacturing facilities could also disrupt production.
- Lastly, the company’s growth strategy may face execution risks, potentially affecting its ability to achieve projected targets.
Unilex Colours and Chemicals IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: unilex.smeipo@linkintime.co.in
Website: www.linkintime.co.in
Unilex Colours and Chemicals IPO Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra, India
Phone: +91- 22- 49060000
Email: ib@hemsecurities.com
Website: www.hemsecurities.com
Unilex Colours and Chemicals Limited Contact
UNILEX COLOURS AND CHEMICALS LIMITED
106-107, Advent Atria, Chincholi Bunder Road,
Malad (W) Mumbai-400064 Maharashtra
Phone: +91-22-28886235
E-mail: cs@unilexcolours.in
Website: www.unilexcolours.in
FAQs
The IPO will open for subscription on September 25, 2024, and will be available to QIB, NII, and retail investors. Moreover, It will close on September 27, 2024.
Additionally, The allocation for investors includes 50% for QIBs, 15% for NIIs, and 35% for retail investors.
The minimum bid is set at 1,600 shares, which amounts to ₹139,200.
The allotment date is scheduled for September 30, 2024.
The listing date on the BSE and NSE is October 3, 2024.
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