Unilex Colour & Chemical Ltd

Unilex Colour & Chemical Ltd IPO

IPO Price Range: ₹82 - 87

The Company is engaged in the manufacturing of Pigment, and the trading of chemicals and food colours. Our products find diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating. Within Pigments, it specializes in Pigment Blue 15:3 and 15:4, with an annual production capacity of 1878 MTPA. Its products are marketed under the registered brand name Unilex. The Company caters to both domestic and international markets, providing a wide range of pigment solutions for various industries.

Min Investment

₹1,39,200

IPO Size

₹31 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Unilex Colour & Chemical Ltd

Open Date25 Sep 2024
Close Date27 Sep 2024
Allotment Date30 Sep 2024
Listing Date3 Oct 2024

Key Statistics

Bid Opening DateBid Opening Date25 Sep 2024
Bid Closing DateBid Closing Date27 Sep 2024
Allotment DateAllotment Date30 Sep 2024
Issue SizeIssue Size₹31.32Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • Long standing relationships with diversified customers across geographies.

  • We offer a diversified range of products.

  • Catering to wide range of industries.

  • Experienced Promoters and Directors with strong management team having domain knowledge.

  • Research and development capabilities allowing product innovation and customization.


Risk

Risk

  • A significant portion of its revenue is generated from sales of the company top five products. The loss of customers who purchase these products, or a significant reduction in the production and sales of, or demand for said products may adversely affect its business, financial condition, results of operations and prospects.

  • The company is dependent upon third parties for trading and supply of the products its sell, with whom the company may not had long term contracts or exclusive supply arrangements. Any delay or failures on the part of such vendors to deliver products, may adversely affect its business, profitability and reputation.

  • Its business is dependent and will continue to depend on the companys manufacturing facilities, and the company is subject to certain risks in its manufacturing process. Any slowdown or shutdown in its manufacturing operations or strikes, work stoppages or increased wage demands by its employees that could interfere with the company operations could have an adverse effect on its business, financial condition and results of operations.

  • The company derives a significant part of its revenue from major customers and the company does not have long term contracts with these customers. If one or more of such customers choose not to source their requirements from it, the companys business, financial position and results of operations may be adversely affected.

  • There are certain discrepancies/errors noticed in some of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 1956/2013. Some of its corporate records are not traceable. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate and other law could impact the reputation and financial position of the Company to that extent.

  • The company is heavily reliant on a limited number of suppliers for raw materials, coupled with the absence of long-term agreements, exposes it to significant risks of supply disruptions, price fluctuations, and quality issues, which could adversely affect its business operations, financial condition, and results of operations.

  • The company reliance on certain industries for a significant portion of its sales could have an adverse effect on the companys business.

  • The company derives a majority portion of its revenues from exports and are subject to risk of international trade.

  • The company is exposed to foreign currency fluctuations risks, particularly in relation to export of products, which may adversely affect its results of operations, financial condition and cash flows.

  • The company has significant working capital requirements. If its experience insufficient cash flows from the company operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect its business, cash flows and results of operations.

Promoters Holding

Investors Holdings %
Purushottam Brijal Sharma8.57%
Narendra Parameshwarappa Koteh1.44%
Aditya Sharma22.49%
Manojkumar Shyamsunder Sharma22.46%
Rohit Krishnakumar Sharma22.46%

About Unilex Colour & Chemical Ltd

OrganisationUnilex Colour & Chemical Ltd
HeadquartersMumbai
IndustryChemicals

Frequently Asked Questions

  • What is the size of the Unilex Colour & Chemical Ltd IPO?

    The size of the Unilex Colour & Chemical Ltd IPO is ₹31.32Cr .

  • What is 'pre-apply' for Unilex Colour & Chemical Ltd IPO?

    'Pre-apply' for Unilex Colour & Chemical Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Unilex Colour & Chemical Ltd IPO order be placed?

    Your Unilex Colour & Chemical Ltd IPO order will be placed on 25 Sep 2024.

  • What are the open and close dates of the Unilex Colour & Chemical Ltd IPO?

    The open and close dates of the Unilex Colour & Chemical Ltd IPO are 25 Sep 2024 to 27 Sep 2024.

  • What is the lot size and minimum order quantity of the Unilex Colour & Chemical Ltd IPO?

    The lot size and minimum order quantity of the Unilex Colour & Chemical Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the Unilex Colour & Chemical Ltd IPO?

    The potential listing gains on the Unilex Colour & Chemical Ltd IPO will depend on various market factors and cannot be predicted with certainty.