Price Band
₹68 - ₹72
Lot Size
1600
Issue Size
₹21.66 Cr
GMP
N/A
Subscription
7.98x
Analyzing...
IPO Schedule
1
Open
30 Jul 2025
2
Close
1 Aug 2025
3
Allotment
-
4
Listing
6 Aug 2025
About Mehul Colours
Mehul Colours is an SME engaged in the manufacturing and supply of colorants, pigments, and dyes, catering to various industries. The company focuses on providing customized coloring solutions and maintains a diverse product portfolio.
Key Strengths
- High Return on Equity (ROE) of 38.46% indicates strong profitability and efficient utilization of shareholder equity.
- Relatively low Price-to-Earnings (P/E) ratio of 9.87 suggests the IPO is reasonably priced compared to earnings.
- Established presence in the colorant and pigment industry with a focus on customized solutions.
- Diverse product portfolio catering to various industries reduces dependence on a single sector.
- Experienced management team with a proven track record in the industry.
Risk Factors
- •SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
- •The colorant and pigment industry is subject to fluctuations in raw material prices and economic cycles.
- •Competition from larger and more established players in the industry could impact market share and profitability.
Valuation Analysis
Considering the high ROE and relatively low P/E ratio, the IPO appears to be reasonably valued, presenting a potentially attractive investment opportunity for investors with a higher risk appetite.
IPO Details
ExchangeBSE
SegmentSME
ISININE1KH601014
Face Value₹10
Lot Size1600
Issue Size₹21.66 Cr
Key Metrics
ROE17.5
ROCE21.3
P/E Ratio24.5
Industry P/E20
EPS7.30
PAT Margin24.11%
Debt/Equity0.55
Growth & Quality
ProfitableYes ✓
Subscription
Total0.95x
Imbalance Ratio6.0x
Documents
RHP not available
Key Dates
Open Date30 Jul 2025
Close Date1 Aug 2025
Listing6 Aug 2025