Unilex Colour IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Unilex Colour &C

CMP

73.15

+0.85 (1.18%)

  • DRHP
₹87

Offer Price

₹ 31.32 Cr

Issue Size

₹ 1,39,200

Min Investment

1,600

Lot size

Time Line

  • 25
    Sep 2024
    Open
  • 27
    Sep 2024
    Close
  • 30
    Sep 2024
    Finalisation of Basis of Allotment
  • 01
    Oct 2024
    Initiation of Refunds
  • 01
    Oct 2024
    Transfer of Shares to Demat Account
  • 03
    Oct 2024
    Listing Date

Objects of the Offer

  • Enhancing branding, promotional and marketing activities.

  • Deepen and expand its geographical presence.

  • Focus on manufacturing by expanding its product portfolio.

  • Continue to strengthen its relationships with the customers.

  • Focus on consistently meeting customer specification`s & quality standards.

Products & Services

  • The Company is engaged in the manufacturing of Pigment, and the trading of chemicals and food colours.

Strengths

  • 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.

Risks

  • 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 company`s 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 company`s 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.

Company Promoters

Promoters Holding

Issue For IPO
26.44%
Pre Holding

100.00%

Post Holding

73.56%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2024 3-Yr trend
Revenue 147.83 (64.00%) 139.39 (-5.70%) 143.85 (3.20%)
Gross Profit 6.80 (-5.40%) 7.15 (5.20%) 8.89 (24.30%)
Net Income 4.60 (-9.10%) 4.97 (8.00%) 6.17 (24.10%)
Assets 39.12 (26.40%) 43.91 (12.20%) 58.71 (33.70%)
Liabilities 11.34 (67.80%) 11.88 (4.80%) 21.85 (83.90%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Unilex Colour & Chemical Ltd 143.85 6.17 58.71 21.85 16.73 0.00 36.80 2.46 0.37
Kesar Petroproducts Ltd 148.89 4.98 208.75 208.75 3.99 0.51 12.87 2.38 0.50
Sudarshan Chemical Industries Ltd 2,538.78 357.45 2,355.03 2,355.03 31.10 51.60 165.99 15.17 0.38

Book Running Managers

  • Hem Securities Ltd

Registrar & Transfer Agent

Link Intime India Pvt Ltd

C-101 247 Park,
L B S Marg,
Vikhroli West - Mumbai-400083
Phone : 91-22-49186000 Fax: 91-22-49186060

Company Contact Information

106-107 Advent Atria C B Road,
Malad (West),
Mumbai - 400064
Phone : +91 22 2888 6235 Email : cs@unilexcolours.in https://unilexcolours.in/

Offer Related Information

Initial public offer of upto 36,00,000* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Unilex Colours and Chemicals Limited ("The Company" or "The Issuer) at an issue price of Rs. 87/- per equity share (including share premium of Rs. 77/- per equity share) for cash, aggregating up to Rs. 31.32 crores ("Public Issue") out of which 1,92,000* equity shares of face value of Rs. 10 each, at an issue price of Rs. 87/- per equity share for cash, aggregating Rs. 1.67 crores... More

Unilex Colour &C FAQ's

The shares of Unilex Colour &C were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Unilex Colour &C IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Unilex Colour &C public issue was 125 shares.

The price band of the IPO of Unilex Colour &C was Rs. 114 to Rs. 120 per equity share.

Unilex Colour &C IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Unilex Colour &C IPO.

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