On the last day, the Mehul Colours IPO was subscribed 7.98 times overall, the retail quota 3.56 times, the QIB 13.54 times, and the NII quota 10.91 times, respectively.
Details About Mehul Colours IPO
Mehul Colours got approval from SEBI for an IPO of ₹21.66 crores. This IPO consists of a fresh issue of ₹21.66 crores with a face value of ₹10 each. Moreover, the company has set up a price band between ₹68 to ₹72 per share.
In this IPO, a total of 3,200 shares were available in 2 lot sizes for the minimum Retail category and for the maximum retail category. While S-HNI (Min) total of 4,800 shares in a 3-lot size, and for the max S-HNI, 12,800 shares in an 8-lot size. B-HNI minimum 14,400 shares were available in 9 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹2,30,400 and maximum investment of ₹2,30,400.
- Small HNI (S-HNI): Minimum investment of ₹3,45,600.
- Small HNI (S-HNI): Maximum Investment of ₹9,21,600.
- B-HNI: Minimum investment of ₹10,36,800.
Subscription duration of the Mehul Colours IPO
Mehul Colours IPO opening date was July 30, 2025, and the closing date was August 1, 2025.
The allotment of Mehul Colours was finalized on August 4, 2025, while the IPO listing is on August 6, 2025.
About Mehul Colours
Founded in 1995, Mehul Colours & Masterbatches Private Limited is one of the growing companies engaged in the manufacturing and exporting of masterbatches and pigments in India. Mehul Colours comprises of comprehensive range of products, including white, black, color, and additive masterbatches serving many applications in plastics, rubbers, and elastomers. As of June 30, 2025, the company comprises a total of 32 permanent employees. The company runs 2 facilities in Tungareshwar Industrial Estate, Vasai East, Mumbai, with capacities of 10,56,000 kg and 2,28,000 kg, covering 3,200 sq. ft. of built-up area. They produce Masterbatches, which a pigment and additive mixtures, and polymers and pigments that are organic for bright, vivid colors and inorganic for durability and heat resistance.
Financial Background of Mehul Colours IPO
The company reported revenue of ₹23.71 crores in 2025 against ₹22.66 crores in 2024. The company reported a profit of ₹5.50 crores in 2025 against a profit of ₹3.22 crores in 2024.
