Unilex Colours and Chemicals Limited IPO
NSE SMEListed On: Oct 3, 2024 at ₹ 89.0
₹ 278400 /3200 Shares
*Min Investment
25 Sep, 2024
Open Date27 Sep, 2024
Close Date30 Sep, 2024
Allotment Date03 Oct, 2024
Listing DateExpected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
Unilex Colours and Chemicals IPO Issue Details
- Issue Price ₹82-87 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 36,00,000 shares(aggregating up to ₹31.32 crore)
- Fresh Share 36,00,000 shares(aggregating up to ₹31.32 crore)
- Listing at NSE SME
- List Price 89.0
- Listing Date 2024-10-03
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Ltd
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 Reservation
Unilex Colours and Chemicals IPO offers total 36,00,000 shares. Out of which 6,81,600 (18.93%) allocated to QIB, 5,12,000 (14.22%) allocated to NII,11,93,600 (33.16%) allocated to RII, NA (NA%) allocated to employees and 10,20,800 (28.36%) allocated to 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 Details
Unilex Colours and Chemicals Limited IPO is an SME IPO, priced at ₹82-87 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 36,00,000 equity shares, aggregating up to ₹31.32 crores..
The IPO bidding window is open from Sep 25, 2024 to Sep 27, 2024. The allotment is expected to be finalized on Sep 30, 2024, and the tentative listing date is Oct 3, 2024.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,39,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,78,400.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
Unilex Colours and Chemicals IPO Subscription Analysis And Details
| 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
Unilex Colours and Chemicals Company Financials
| 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 |
About Unilex Colours and Chemicals Company
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
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.56%
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:
- 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.
- 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.
- RoNW has been computed as net profit after tax divided by closing net worth.
Contact Details
Unilex Colours and Chemicals
106-107, Advent Atria, Chincholi Bunder Road, Malad (W) Mumbai-400064
+91-22-28886235
Registrar Contact Details
Unilex Colours and Chemicals IPO - FAQs
Ans. Unilex Colours and Chemicals Limited IPO is a SME IPO. The issue is priced at ₹82-87 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 25, 2024, and closes on Sep 27, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Unilex Colours and Chemicals Limited IPO opens on Sep 25, 2024 and closes on Sep 27, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Unilex Colours and Chemicals Limited IPO is 3,600,000 shares(aggregating up to ₹31.32 Cr).
Ans. The Unilex Colours and Chemicals Limited IPO price band is set between ₹82-87 per equity share.
Ans. To apply for Unilex Colours and Chemicals Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Unilex Colours and Chemicals Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Unilex Colours and Chemicals Limited IPO is Sep 30, 2024.
Ans. The Unilex Colours and Chemicals Limited IPO will be listed on Oct 3, 2024.
Ans. Follow the steps to check the Unilex Colours and Chemicals Limited IPO allotment status online.
