Unilex Colours and Chemicals Limited manufactures pigments, trades chemicals, and manufactures food colours.
The company markets its products under the registered brand name “Unilex,” catering to both domestic and international markets. They provide a wide range of pigment solutions for various industries.
The company’s manufacturing unit in Palghar, Maharashtra spans 1275 sq. meters and is equipped with various machines 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’s manufacturing facility is certified with ISO 9001:2015 for quality management in the production of pigments, food dyes, and drug intermediates.
The company’s product portfolio includes a wide range of pigments, including Pigment Green -7, Pigment Middle Chrome, Pigment Violet 23 & 27, and Ultramarine Blue, which are sourced from various third-party manufacturers to meet the specific requirements of its clients.
The company’s products are exported to various countries including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Spain, Malaysia, Thailand, the United Arab Emirates, and Uzbekistan.
The company offers multi-layer paper bags, corrugated boxes, HDPE and HDPE-coated bags, multi-layer liners and HM covers, wooden pallets, and jumbo bags. As of March 31, 2024, the company’s product portfolio comprises more than 100 products.
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 IPO – Details
| IPO Opening Date | 25 September 2024 |
| IPO Closing Date | 27 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 36,00,000 Shares Worth ₹31.32 Crore Fresh Issue: 36,00,000 Shares Worth ₹31.32 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹82 – ₹87 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Unilex Colours and Chemicals IPO – Date Schedule
| IPO Open Date | 25 September 2024 |
| IPO Close Date | 27 September 2024 |
| Basis of Allotment | 30 September 2024 |
| Initiation of Refund | 01 October 2024 |
| Credit of Shares to Demat Account | 01 October 2024 |
| IPO Listing Date | 03 October 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2024 |
Unilex Colours and Chemicals IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,39,200 |
| Retail (Max) | 1 | 1600 | ₹1,39,200 |
| HNI (Min) | 2 | 3200 | ₹2,78,400 |
Competitive Strengths
- Long standing relationships with diversified customers across geographies;
- The company offer a diversified range of products;
- Catering to wide range of industries;
- Experienced Promoters and Directors with strong management team having domain knowledge; and
- Research and development capabilities allowing product innovation and customization.
Company Promoters
- Purushottam Brijlal Sharma
- Narendra Parameswarappa Kotehall
- Aditya Sharma
- Manojkumar Shyamsunder Sharma
- Rohit Krishnakumar Sharma
- Kabir Radheyshyam Sharma
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 151.56 | 145.21 | 4.71 | 11.35 |
| 31 March 2023 | 144.41 | 137.83 | 4.97 | 11.66 |
| 31 March 2024 | 149.32 | 141.04 | 6.16 | 21.61 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 17.93% |
| ROCE | 6.32% |
| Debt/Equity | 0.59 |
| RoNW | 16.73% |
| PAT Margin (%) | 4.29 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.16 | 4.53 |
| P/E (x) | 14.13 | 19.21 |
Object Of The Issue
- To Meet Working Capital Requirements;
- Repayment of a portion of certain borrowing availed by the company;
- General Corporate Purpose.
Unilex Colours and Chemicals IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.56% |
Unilex Colours and Chemicals IPO Prospectus
Company Contact Information
| Unilex Colours and Chemicals Limited 106-107, Advent Atria, Chincholi Bunder Road Malad (W) Mumbai-400064 Phone: +91-22-28886235 Email: cs@unilexcolours.in Website: https://unilexcolours.in/ |
Unilex Colours and Chemicals IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: unilex.smeipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Unilex Colours and Chemicals IPO Lead Manager(s)
| 1. Hem Securities Limited |
Unilex Colours and Chemicals IPO FAQs
| What is Unilex Colours and Chemicals IPO? Unilex Colours and Chemicals IPO is a SME IPO. The issue is priced at ₹82 and ₹87 per equity share. The IPO is to be listed on NSE SME. |
| When Unilex Colours and Chemicals IPO will open? The IPO is to open on 25 September 2024 for QIB, NII, and Retail Investors. |
| What is Unilex Colours and Chemicals IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Unilex Colours and Chemicals IPO? You can apply Unilex Colours and Chemicals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Unilex Colours and Chemicals IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Unilex Colours and Chemicals IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Unilex Colours and Chemicals IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Unilex Colours and Chemicals IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Unilex Colours and Chemicals IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Unilex Colours and Chemicals IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Unilex Colours and Chemicals IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Unilex Colours and Chemicals IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Unilex Colours and Chemicals IPO Size? Unilex Colours and Chemicals IPO size is ₹31.32 Crore. |
| What is Unilex Colours and Chemicals IPO Price Band? Unilex Colours and Chemicals IPO Price Band is ₹82 – ₹87. |
| What is Unilex Colours and Chemicals IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1600 Shares with ₹1,39,200 amount while the maximum bid is 1600 Shares with ₹1,39,200. |
| What is the Unilex Colours and Chemicals IPO Allotment Date? Unilex Colours and Chemicals IPO allotment date is 30 September 2024. |
| What is the Unilex Colours and Chemicals IPO Listing Date? Unilex Colours and Chemicals IPO listing date is 03 October 2024. The IPO is to be listed on NSE SME. |
