{"id":55574,"date":"2025-07-29T13:11:15","date_gmt":"2025-07-29T07:41:15","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2025\/07\/29\/mehul-colours-limited-ipo-opens-on-30th-july-2025\/"},"modified":"2025-07-29T13:11:15","modified_gmt":"2025-07-29T07:41:15","slug":"mehul-colours-limited-ipo-opens-on-30th-july-2025","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2025\/07\/29\/mehul-colours-limited-ipo-opens-on-30th-july-2025\/","title":{"rendered":"Mehul Colours Limited IPO Opens on 30th July, 2025"},"content":{"rendered":"<div>\n<p><span data-sheets-root=\"1\"><strong>Mumbai (Maharashtra) [India], July 28:<\/strong> <\/span>Mehul Colours Limited (Mehul Colours, The Company), a customised and specialised masterbatch manufacturer,\u00a0proposes to open its\u00a0Initial Public Offering on July\u202f30,\u202f2025, aiming to raise\u00a0\u20b9\u202f21.66\u202fcrore (at upper price band),\u00a0with the shares proposed to be listed on the BSE SME platform.<\/p>\n<p><a name=\"_Hlk204092876\"><\/a>The issue size is 30,08,000 equity shares with a face value of \u20b910 each, with a price band of \u20b968-\u20b972 per share.<\/p>\n<p><strong>Equity Share Allocation<\/strong><\/p>\n<ul type=\"disc\">\n<li>QIB Anchor Portion \u2013\u00a0Up to 8,54,400 Equity Shares<\/li>\n<li>Qualified Institutional Buyer \u2013\u00a0Up to 5,71,200 Equity Shares<\/li>\n<li>Non-Institutional Investors \u2013 Not Less than 4,28,800 Equity Shares<\/li>\n<li>Retail Individual Investors \u2013 Not Less than 10,01,600 Equity Shares<\/li>\n<li>Market Maker \u2013 Up to 1,52,000 Equity Shares<\/li>\n<\/ul>\n<p>The net proceeds from the IPO will be utilised for capital expenditure towards the setup of a new manufacturing facility, working capital requirements, and for general corporate purposes. The anchor portion will open and close on July 29, 2025.<\/p>\n<p>The Book Running Lead Manager to the Issue is\u00a0Seren Capital Private Limited, and the Registrar is Bigshare Services\u00a0Private\u00a0Limited.<\/p>\n<p><strong>Mr. Mehul Pravinchandra Joshi, Managing Director of Mehul Colours Limited, expressed, <\/strong>\u201cThis IPO marks a pivotal milestone in the journey of Mehul Colours. We have built a reputation as a reliable and quality-focused partner for masterbatches across India and abroad. Our expertise in producing colour and additive masterbatches\u2014tailored for diverse applications\u2014has helped us serve clients across sectors such as packaging, consumer goods,\u00a0wires &amp; cables\u00a0and\u00a0electrical accessories.<\/p>\n<p>The capital raised will be instrumental in enhancing our R&amp;D capabilities, expanding production infrastructure, and accelerating product innovation. Our focus is on building advanced, sustainable, and customer-specific masterbatch solutions that align with the evolving needs of the plastic processing ecosystem.<\/p>\n<p>We believe this IPO will empower us to scale operations, deepen our market presence, and reinforce our position as a leading player in the colour and additive masterbatch segment.\u201d<\/p>\n<p><strong>Mr. Gautam Lath, Director of Seren Capital Private Limited<\/strong>\u2013\u00a0<strong>the Book Running Lead Manager (BRLM) to the issue \u2013 said<\/strong>,\u00a0\u201cWe are pleased to be associated with Mehul Colours Limited as the BRLM for its IPO. The Company has over two decades of experience in manufacturing customised colour and additive masterbatches for various polymer applications, including packaging, consumer goods, wires &amp; cables, and electrical accessories. It has a presence in both domestic and export markets. In Fiscal 2025, the Company supplied masterbatches to over 500+ customers spanning a broad array of industries, including stationery, plastic household products, plastic toys, agricultural tools, pipes and fittings, packaging materials, wires &amp; cables, electrical switches &amp; accessories, sheets and various other plastic products. The Company intends to utilize the IPO proceeds for setting up a new manufacturing facility, meeting working capital requirements and for general corporate purposes.\u201d<\/p>\n<p><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], July 28: Mehul Colours Limited (Mehul Colours, The Company), a customised and specialised masterbatch manufacturer,\u00a0proposes to open its\u00a0Initial Public Offering on July\u202f30,\u202f2025, aiming to raise\u00a0\u20b9\u202f21.66\u202fcrore (at upper [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55575,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":144},"categories":[4],"tags":[54],"class_list":["post-55574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/55574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=55574"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/55574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/55575"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=55574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=55574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=55574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}