Mehul Colours IPO Details: The Mehul Colours IPO is scheduled to open on July 30, 2025, and will close on August 1, 2025. This is a book-built issue, through which the company aims to raise approximately ₹21.66 crores. The entire issue comprises a fresh issue worth ₹21.66 crores, while the number of shares under the offer for sale (OFS) is yet to be disclosed.
The price band for the IPO is set at ₹68 to ₹72 per equity share, with a face value of ₹10 each. The issue allocation is divided as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 35% for retail investors.
The basis of allotment is expected to be finalized on August 4, 2025, and the shares are proposed to be listed on the BSE on August 6, 2025.
Financial Performance
In FY 2025, Mehul Colours reported a revenue of ₹23.71 crores, an increase from ₹22.66 crores in FY 2024. The net profit also grew to ₹5.50 crores in 2025, up from ₹3.22 crores in 2024.
Given the company’s consistent growth in both revenue and profitability, the IPO appears to offer potential for long-term investment.
Mehul Colours IPO Objectives:
- Funding of capital expenditure towards setup of a new manufacturing facility
- Funding of Working Capital Requirements
- General Corporate Purpose
Mehul Colours IPO Review (Apply or Not)
- Update soon
Mehul Colours IPO Date & Price Band Details:
| IPO Open Date: | July 30, 2025 |
| IPO Close Date: | August 1, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹68 to ₹72 Per Share |
| Issue Size: | Approx ₹21.66 Crores |
| Fresh Issue: | Approx ₹21.66 Crores |
| Lot Size: | 1,600 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Mehul Colours IPO Lot Size:
The minimum lot size for the Mehul Colours IPO is 3,200 equity shares, requiring a total investment of ₹2,30,400 per application in the retail category.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,30,400 |
| Retail Maximum | 2 | 3,200 | ₹2,30,400 |
| S-HNI Minimum | 3 | 4,800 | ₹3,45,600 |
| S-HNI Maximum | 8 | 12,800 | ₹9,21,600 |
| B-HNI Minimum | 9 | 14,400 | ₹10,36,800 |
Mehul Colours IPO Allotment & Listing Date (Details)
The Mehul Colours IPO will open for subscription on July 30, 2025, and close on August 1, 2025. The allotment of shares is expected to be finalized on August 4, 2025, with the IPO likely to be listed on the BSE on August 6, 2025.
| IPO Open Date: | July 30, 2025 |
| IPO Close Date: | August 1, 2025 |
| Basis of Allotment: | August 4, 2025 |
| Refunds: | August 5, 2025 |
| Credit to Demat Account: | August 5, 2025 |
| IPO Listing Date: | August 6, 2025 |
Mehul Colours IPO GMP Today:
The latest Grey Market Premium (GMP) for the Mehul Colours SME IPO is ₹0. Based on the upper price band of ₹72, the estimated listing price is expected to be ₹72 per share. This indicates a potential listing gain or loss of 0.00%, reflecting neutral market sentiment at present.
Promoters of Mehul Colours IPO
The promoters of the company are Mehul Pravinchandra Joshi and Bhakti Mehul Joshi.
About Mehul Colours IPO
Incorporated in 1995, Mehul Colours & Masterbatches Pvt. Ltd. is a leading manufacturer and exporter of masterbatches in India. The company specializes in delivering a wide range of high-quality solutions for plastics, rubbers, and elastomers.
Product Portfolio
Mehul Colours offers a broad spectrum of masterbatches tailored to various industrial applications:
- White, Black & Color Masterbatches – Designed for consistent pigmentation and aesthetic appeal.
- Additive Masterbatches – Enhance material properties such as UV resistance, flame retardancy, and anti-static behavior.
- Pigments – Both organic pigments (for vibrant, bright colors) and inorganic pigments (known for durability and heat resistance) are produced to meet the demands of multiple sectors.
Manufacturing Facilities
The company operates two in-house production units located at Tungareshwar Industrial Estate, Vasai East, Mumbai. These facilities have a combined production capacity of 12,84,000 kg per annum and each occupies approximately 3,200 sq. ft. of built-up area.
Workforce
As of June 30, 2025, Mehul Colours employed 32 permanent staff, supporting operations across production, quality control, R&D, and administration.
Competitive Strengths
- Experienced Promoters with Deep Industry Knowledge
- In-house Manufacturing with Integrated R&D and Testing Capabilities
- Diverse Customer Base Across Industries and Regions
- Established Long-Term Client Relationships
Mehul Colours IPO Company Financial Report
The company reported revenue of ₹23.71 crores in 2025 against ₹22.66 crores in 2024. The company reported profit of ₹5.50 crores in 2025 against profit of ₹3.22 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹21.37 | ₹17.27 | ₹2.94 | ₹10.82 |
| 2024 | ₹22.66 | ₹18.31 | ₹3.22 | ₹13.87 |
| 2025 | ₹23.71 | ₹16.31 | ₹5.50 | ₹18.95 |
Mehul Colours IPO Valuation – FY2025
Check Mehul Colours IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 38.46% |
| ROCE: | 43.53% |
| EBITDA Margin: | 30.17% |
| PAT Margin: | 24.11% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹7.30 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 32.26% |
| Net Asset Value (NAV): | ₹22.62 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Polylink Polymers (India) Limited | 0.96 | 28.00 | 7.13% | 13.52 | 91.23 Cr. |
| Deep Polymers Limited | 2.13 | 25.68 | 5.75% | 38.47 | 100.91 Cr. |
Mehul Colours IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Seren Capital Private Limited
Company Address
Mehul Colours Ltd.
Unit No – A 305,306, Kemp Plaza, Link Road,
Chincholi Bunder Road, Mind Space,
Near Evershine Mall, Malad West
Mumbai, Maharashtra, 400064
Phone: +91-22-2872 3555
Email: info@mehulcolours.com
Website: https://www.mehulcolours.com/
Mehul Colours IPO – Frequently Asked Questions (FAQs)
1. What is Mehul Colours IPO?
Mehul Colours IPO is a SME (Small and Medium Enterprises) public offering. The company aims to raise ₹21.66 crores through the IPO. The issue is priced between ₹68 to ₹72 per equity share and will be listed on the BSE SME platform.
2. When will Mehul Colours IPO open for subscription?
The IPO will open for public subscription on July 30, 2025, and close on August 1, 2025. It is open to Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
3. What is the investor quota for Mehul Colours IPO?
The IPO allocation is structured as follows:
- QIBs – 50%
- NIIs (HNI category) – 15%
- Retail investors – 35%
4. How can I apply for Mehul Colours IPO?
You can apply for the IPO through:
- ASBA (Application Supported by Blocked Amount) via your bank’s net banking portal
- UPI-based applications through registered stockbrokers
- Offline applications by submitting forms through stockbrokers
5. What is the total issue size of the Mehul Colours IPO?
The total issue size is ₹21.66 crores, consisting entirely of a fresh issue.
6. What is the price band of the Mehul Colours IPO?
The IPO is priced in a range of ₹68 to ₹72 per equity share.
7. What is the minimum lot size for Mehul Colours IPO?
Investors can bid for a minimum of 3,200 shares, which amounts to an investment of ₹2,30,400.
8. When is the Mehul Colours IPO allotment date?
The basis of allotment is expected to be finalized on August 4, 2025.
9. What is the listing date of Mehul Colours IPO?
The shares are proposed to be listed on the BSE SME platform on August 6, 2025.
