Shlokka Dyes Ltd Logo

Shlokka Dyes Ltd IPO

NSELot: 1200

LISTEDSME
Issue Price91
Listing90
Current25.6
Price Band
88 - ₹91
Lot Size
1,200
Issue Size
₹57.79 Cr
GMP
0
Subscription
0.00x

IPO Schedule

1
Open
30 Sept
2
Close
14 Oct
3
Allotment
15 Oct
4
Listing
17 Oct

About Shlokka Dyes Ltd

Shlokka Dyes Ltd. is an SME engaged in the manufacturing and supply of dyes, primarily serving the textile industry. They offer a range of dye products and solutions tailored to specific client needs.

Subscription Status

QIB
0.00x
NII
0.00x
Retail
0.00x
CategoryDay 11Day 10Day 9Day 8Day 7Day 6Day 5Day 4Day 3Day 2Day 1
QIB1.02x1.02x1.02x1.02x1.02x1.02x1.02x1.02x0.00x0.00x0.00x
NII2.24x1.46x0.95x0.95x0.94x0.05x0.04x0.02x0.01x0.01x0.00x
Retail0.65x0.48x0.38x0.38x0.35x0.22x0.14x0.10x0.03x0.01x0.00x
Total1.12x0.80x0.60x0.60x0.58x0.25x0.20x0.17x0.02x0.01x0.00x

Risk Factors

SME IPOs are inherently riskier than mainboard IPOs due to lower liquidity and higher volatility.
The company's reliance on the textile industry makes it vulnerable to fluctuations in that sector.
Competition from larger, more established players in the dyes market.
Fluctuations in raw material prices could impact profitability.

Promoters & Management

The Company is managed by our Board of Directors, assisted by qualified experienced professionals, who are permanent employees of our Company. The Key Managerial Personnel of our Company other than our directors are as follows: Mr. Siddharth Gajra, Company Secretaryand Compliance Officer, D.O.J- December 07, 2024. Mr. Rajesh Patel, Chief Financial Officer, D.O.J-November 11, 2024. The Promoters of our company are Vaibhav Shah and Shivani Rajpurohit. Mr. Vaibhav Shah has more than 25 Years of experience Dyes and Auxiliaries products. The company gets the benefit from the experience of the promoter and core management team who are actively involved in the day-today affairs of our Company's operations adding valuable knowledge and experience required for sustainable growth. Further, the Company has able technical personnel with the requisite skills, technical know-how and understanding of the industry and complete control over quality of the products being manufactured at its facilities.