Unilex Colours and Chemicals IPO

Unilex Colours and Chemicals is an NSE SME IPO listed on the NSE SME platform, priced at ₹82–₹87 per share. The stock debuted at ₹89, delivering a listing gain of 2.3%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,39,200.

Unilex Colours and Chemicals Limited IPO

NSE SME Listed
₹1,39,200 (1600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 25, 2024 – Sep 27, 2024
Price band
₹82-87 per equity share
Minimum Investment
₹1,39,200
Issue size
₹31.32 Cr
Lot size
1600
Allotment Date
Sep 30, 2024
Listing
Oct 3, 2024
Listing At
NSE SME

IPO timeline

  1. Sep 25, 2024

    Open Date

    Completed

  2. Sep 27, 2024

    Close Date

    Completed

  3. Sep 30, 2024

    Allotment Date

    Completed

  4. Oct 3, 2024

    Listing Date

    Completed

Unilex Colours and Chemicals IPO Essentials

Unilex Colours and Chemicals IPO Details

Unilex Colours and Chemicals IPO is priced at ₹82-87 per share with a total issue size of 31.32 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.

Issue price
₹82-87 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
3,600,000 shares(aggregating up to ₹31.32 Cr)
Total issue size
36,00,000 shares
(aggregating up to ₹31.32 crore)
Fresh issue
36,00,000 shares
(aggregating up to ₹31.32 crore)
Listing at
NSE SME
List price
89.0
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Hem Securities Limited

Market Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1600 ₹1,39,200
Retail(max) 1 1600 ₹1,39,200
NII (min) 2 3,200 ₹2,78,400

Unilex Colours and Chemicals IPO Documents

Unilex Colours and Chemicals IPO Reservation

Unilex Colours and Chemicals IPO reservation details show category-wise allocation of shares. Out of the total 36,00,000 shares, approximately 18.93% are reserved for QIB, 14.22% for NII, 33.16% for retail investors, 5.33% for market maker, and 28.36% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 10,20,800 (28.36%)
Market Maker Shares Offered 1,92,000 (5.33%)
QIB Shares Offered 6,81,600 (18.93%)
NII (HNI) Shares Offered 5,12,000 (14.22%)
Retail Shares Offered 11,93,600 (33.16%)
Total Shares Offered 36,00,000 (100%)

Unilex Colours and Chemicals IPO Analytics

Unilex Colours and Chemicals IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Unilex Colours and Chemicals IPO Subscription Status

Unilex Colours and Chemicals IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 681,600 / 512,000 1,193,600 2,387,200
Day 1 25-09-24 06:00 PM
(0.00 / 2.77) x 1.92 x 1.55 x
Day 2 26-09-24 06:00 PM
(3.64 / 3.43) x 7.29 x 5.42 x
Day 3 27-09-24 06:00 PM
(15.58 / 60.65) x 32.75 x 33.83 x

Unilex Colours and Chemicals Valuations

Earnings

EPS Pre IPO
₹6.16/-
EPS Post IPO
₹4.53/-
P/E Pre IPO
14.13
P/E Post IPO
19.21

Returns

ROE
17.93%
ROCE
6.32%
RoNW
16.73%
PAT Margin
4.29

Fundamentals

Debt / Equity
0.59

Data sourced from DRHP / RHP • For educational purposes only

Unilex Colours and Chemicals Financials( In Lakhs)

31-Mar-24 31-Mar-23 31-Mar-22
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 3,686.00 3,202.89 2,805.98
Reserves & Surplus 2,684.3 2,868.99 2,472.08
Total Borrowing 2,161.4 1,166.83 1,135.09

Unilex Colours and Chemicals Company & Offer Insights

About Unilex Colours and Chemicals

Incepted in March 2001, Unilex Colours and Chemicals Limited is a pigment manufacturer, chemical trader, and food colours manufacturer.

The company sells its products under the registered brand name Unilex. They cater to the domestic as well as international markets. They provide pigment solutions for many industries.

The company's manufacturing unit in Palghar, Maharashtra is of 1275 sq. meters with different machinery installed in the plant, including Ball Mill, Root Blower, Silo, Reaction Steel Vessel, Brick Lined Vessel, Rubber Lined Vessel, Drying Vessel, Spin Flash Dryer, Ribbon Blender, Air Classifier Mill, Air Blender, and Filter Press.

The company has an ISO 9001:2015 certification of its manufacturing facility for quality management in the production of pigments, food dyes, and drug intermediates.

For fiscal 2024, 2023, and 2022, the revenue from manufacturing stood at 6,652.17 lakhs, 7,455.21 lakhs, and 8,487.51 lakhs, respectively, making up 46.24%, 53.48%, and 58.42% of the total revenue, respectively.

The following pigments are part of its product portfolio: Pigment Green -7, Pigment Middle Chrome, Pigment Violet 23 & 27, and Ultramarine Blue, which it sources from other third-party manufacturers against the requirements it gets from its clients.

The group of products exports from the companies is diverse in many countries; this includes, Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, Netherlands, Poland, China, Spain, Malaysia, Thailand, UAE Uzbekistan, etc.Some of its key products comprise multi-layer paper bags, corrugated boxes, HDPE and HDPE coated bags, multi-layer liners and HM covers, wooden pallets, and jumbo bags.

Up to 31 March 2024, the group offers a range of products in excess of 100 numbers.As of March 31, 2024, the company has 25 contract laborers and 54 employees on the payroll at the manufacturing unit.

Unilex Colours and Chemicals Promoter(s)

Purushottam Brijlal Sharma, Narendra Parameswarappa Kotehall, Aditya Sharma, Manojkumar Shyamsunder Sharma, Rohit Krishnakumar Sharma and Kabir Radheyshyam Sharma are the company's promoters of Unilex Colours and Chemicals.

Unilex Colours and Chemicals IPO Issue Objectives

To Meet Working Capital Requirements
Repayment of a portion of certain borrowing availed by the company
General Corporate Purpose.

Unilex Colours and Chemicals IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Unilex Colours and Chemicals Limited 6.16 6.16 N/A N/A 16.73 N/A Restated Financial Statement for FY 2023-24
Kesar Petroproducts Ltd. 0.51 0.51 N/A 36.51 3.99 N/A Standalone
Sudarshan Chemical Industries Ltd. 48.4 48.4 N/A 18.62 30.29 N/A Consolidated

Notes:

  1. The EPS, NAV, RoNW and revenue from operations of the Company are taken as per Restated Financial Statement for the Financial Year 2023-24 as adjusted with the effect of Bonus Issue.
  2. The P/E ratio of the company is based on the audited results for the year that ended 2024 and the stock exchange data dated 28.06.2024.
  3. RoNW has been computed as net profit after tax divided by closing net worth.

Contact Information

Contact Details

Unilex Colours and Chemicals

+91-22-28886235

cs@unilexcolours.in

https://unilexcolours.in/

106-107, Advent Atria, Chincholi Bunder Road, Malad (W) Mumbai-400064

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Unilex Colours and Chemicals IPO is a book-built IPO worth ₹31.32 crore. The price band is ₹82–₹87 per share. The IPO opens on Sep 25, 2024 and closes on Sep 27, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.

The price band of Unilex Colours and Chemicals IPO is ₹82 to ₹87 per share.

The lot size of Unilex Colours and Chemicals IPO is 1600 shares.

The minimum investment for Unilex Colours and Chemicals IPO is approximately ₹1,39,200 based on the upper price band .

Unilex Colours and Chemicals IPO opens on Sep 25, 2024 and closes on Sep 27, 2024.

The allotment date of Unilex Colours and Chemicals IPO is Sep 30, 2024.

Unilex Colours and Chemicals IPO is expected to be listed on Oct 3, 2024, on NSE SME Platform.

Unilex Colours and Chemicals IPO valuation snapshot: P/E 19.21, EPS ₹4.53/-, P/B N/A, RoNW 16.73%, and market cap N/A.

To apply for Unilex Colours and Chemicals IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Unilex Colours and Chemicals IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Unilex Colours and Chemicals IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Unilex Colours and Chemicals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Unilex Colours and Chemicals IPO allotment status on IPO Ji for quick and easy access.