Unilex Colours and Chemicals IPO Details: The Unilex Colours and Chemicals IPO is set to open on September 25, 2024, and will close on September 27, 2024. This Book Built Issue aims to raise approximately ₹31.32 crores, consisting of a fresh issue of ₹31.32 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the IPO is ₹82 to ₹87 per share, with a retail quota of 35%, Qualified Institutional Buyers (QIB) at 50%, and High Net-worth Individuals (HNI) at 15%. Unilex Colours and Chemicals is expected to list on the NSE on October 3, 2024, with the allotment date set for September 30, 2024.
In terms of financial performance, the company reported revenues of ₹149.33 crores in 2024, compared to ₹144.42 crores in 2023. Additionally, it achieved a profit of ₹6.17 crores in 2024, up from ₹4.97 crores the previous year. Given these financials, IPO investors are encouraged to consider a long-term investment approach.
Unilex Colours and Chemicals IPO Objectives:
The company intend to utilize the proceeds of the Issue to meet the following objects:
- To Meet Working Capital Requirements;
- Repayment of a portion of certain borrowing availed by the company;
- General Corporate Purpose.
Unilex Colours and Chemicals IPO Review (Apply or Not)
- Update soon
Unilex Colours and Chemicals IPO Date & Price Band Details:
| IPO Open Date: | September 25, 2024 |
| IPO Close Date: | September 27, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹82 to ₹87 Per Share |
| Issue Size: | Approx ₹31.32 Crores |
| Fresh Issue: | Approx ₹31.32 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE 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 |
Unilex Colours and Chemicals IPO Lot Size:
The minimum market lot for the Unilex Colours and Chemicals IPO is 1,600 shares, requiring an application amount of ₹139,200.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹139,200 |
| Retail Maximum | 1 | 1600 | ₹139,200 |
| HNI Minimum | 2 | 3200 | ₹278,400 |
Unilex Colours and Chemicals IPO Timeline:
The Unilex Colours and Chemicals IPO will open on September 25 and close on September 27. Allotment details are set to be finalized on September 30, with the IPO expected to list on October 3.
| 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 |
Unilex Colours and Chemicals IPO GMP Today:
GMP for Unilex Colours and Chemicals SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Promoters of Unilex Colours and Chemicals IPO
The company is led by promoters Purushottam Brijlal Sharma, Narendra Parameswarappa Kotehall, Aditya Sharma, Manojkumar Shyamsunder Sharma, Rohit Krishnakumar Sharma, and Kabir Radheyshyam Sharma.
About Unilex Colours and Chemicals IPO
Unilex Colors and Chemicals Limited, located at 106-107 Advent Atria, Chincholi Bunder Road, Malad (W), Mumbai-400064, Maharashtra, specializes in the manufacturing of pigments and the trading of chemicals and food colors. Their pigments serve a wide range of applications across various industries, including plastics, rubber, textiles, paper, printing inks, and paints and coatings. Operating under the brand name “UNILEX,” the company caters to both national and international markets, providing a diverse array of pigment solutions.
The manufacturing facility, situated in MIDC – Tarapur, Palghar, Maharashtra, spans approximately 1,275 square meters and is equipped with advanced machinery, including Ball Mill Machines, Root Blowers, Silos, Reaction Steel Vessels, and more. The company’s dedicated engineers stay abreast of the latest technology and industry trends to meet evolving requirements.
In fiscal years 2024, 2023, and 2022, the company generated revenues from its manufacturing business of ₹6,652.17 lakhs, ₹7,455.21 lakhs, and ₹8,487.51 lakhs, contributing 46.24%, 53.48%, and 58.42% to its overall revenue, respectively.
Unilex Colours and Chemicals exports its products to various countries, including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Spain, Malaysia, Thailand, the United Arab Emirates, and Uzbekistan. The company has established long-term relationships with multiple corporations, enabling them to expand their product offerings, processes, and geographic reach. Their diverse customer base spans industries such as plastics, rubber, textiles, paper, printing inks, and paints and coatings, helping to mitigate risks associated with customer, industry, and geographic concentration. Through a commitment to customer flexibility and satisfaction, Unilex has achieved substantial net worth and success.
Unilex Colours and Chemicals IPO Company Financial Report
The company reported revenue of ₹149.33 crores in 2024 against ₹144.42 crore in 2023. The company reported profit of ₹6.17 crores in 2024 against profit of ₹4.97 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹151.57 | ₹145.22 | ₹4.71 | ₹76.70 |
| 2023 | ₹144.42 | ₹137.84 | ₹4.97 | ₹70.72 |
| 2024 | ₹149.33 | ₹141.05 | ₹6.17 | ₹90.68 |
Unilex Colours and Chemicals IPO Valuation – FY2024
Check Unilex Colours and Chemicals 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: | 17.90% |
| ROCE: | NA |
| EBITDA Margin: | 2.99% |
| PAT Margin: | 4.29% |
| Debt to equity ratio: | 0.59 |
| Earning Per Share (EPS): | ₹6.16 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.73% |
| Net Asset Value (NAV): | ₹36.80 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Kesar Petroproducts Ltd | 0.51 | 36.51 | 3.99% | 12.87 | 156.56 Cr. |
| Sudarshan Chemical Industries Ltd | 48.40 | 18.62 | 30.29% | 159.84 | 2158.82 Cr. |
Unilex Colours and Chemicals IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email:
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Unilex Colours and Chemicals Limited
106-107, Advent Atria,
Chincholi Bunder Road
Malad (W) Mumbai-400064
Phone: +91-22-28886235
Email: cs@unilexcolours.in
Website: https://unilexcolours.in/
Unilex Colours and Chemicals IPO FAQs
1. What are the opening and closing dates for the Unilex Colours and Chemicals IPO?
The IPO will open on September 25, 2024, and close on September 27, 2024.
2. When will the allotment of shares take place?
The allotment will be finalized on September 30, 2024.
3. When is the expected listing date for the Unilex Colours and Chemicals IPO?
The shares are expected to be listed on the NSE on October 3, 2024.
4. What is the price band for the IPO?
The price band for the Unilex Colours and Chemicals IPO is set between ₹82 and ₹87 per share.
5. What is the minimum investment required?
The minimum market lot consists of 1,600 shares, requiring an application amount of ₹139,200.
6. Who are the promoters of Unilex Colours and Chemicals?
The company is promoted by Purushottam Brijlal Sharma, Narendra Parameswarappa Kotehall, Aditya Sharma, Manojkumar Shyamsunder Sharma, Rohit Krishnakumar Sharma, and Kabir Radheyshyam Sharma.
7. What business does Unilex Colours and Chemicals operate in?
Unilex Colours and Chemicals is involved in manufacturing pigments and trading chemicals and food colors. Their products are utilized across various industries, including plastics, rubber, textiles, and paints.
8. Where is the manufacturing facility located?
The manufacturing facility is located at MIDC – Tarapur, Palghar, Maharashtra, covering an area of approximately 1,275 square meters.
9. What is the company’s revenue performance?
In fiscal 2024, the company reported revenues of ₹6,652.17 lakhs, reflecting a steady performance compared to previous years.
10. In which countries does Unilex export its products?
The company exports its products to several countries, including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Spain, Malaysia, Thailand, the United Arab Emirates, and Uzbekistan.
11. What is the retail investor quota in the IPO?
The retail investor quota is set at 35% of the total offering.
12. Why should investors consider applying for this IPO?
Given the company’s consistent revenue growth and diverse customer base across various industries, investors are encouraged to consider a long-term investment strategy.
