Mehul Colours IPO

BSELot: 1600

LISTEDSME
Issue Price72
Listing79.7
Current73.8
Price Band
68 - ₹72
Lot Size
1,600
Issue Size
₹21.66 Cr
GMP
0
Subscription
0.95x

IPO Schedule

1
Open
30 Jul
2
Close
1 Aug
3
Allotment
-
4
Listing
6 Aug

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.

Subscription Status

QIB
0.47x
NII
3.12x
Retail
0.28x
CategoryDay 3Day 2Day 1
QIB13.54x0.72x0.47x
NII10.91x3.56x3.12x
Retail3.56x0.89x0.28x
Total7.98x1.41x0.95x

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.