Mehul Colours IPO Subscribed 1.41x on Day 2

Mehul Colours IPO subscribed over 1.41x on its Second day of subscription, wherein QIB subscribed 0.72x, NII subscribed 3.56x, and RII subscribed 0.89x.

Table of Contents

Mehul Colours IPO subscription started on Wednesday, July 30, 2025, and will close on August 1, 2025, as per the schedule. The price band is set at ₹68 to ₹72 per share with a face value of ₹10. 

Mehul Colours  IPO Subscription Status

Mehul Colours IPO subscribed over 1.41x on its Second day till 05.00 PM on 31st July 2025.

  • Mehul Colours IPO subscription QIB investors’ portion is 0.72x times, while NII subscribed 3.56x times, and RII investors subscribed 0.89x times.
  • The company has received bids for 28,25,600 shares against 20,01,600 shares on offer on the Second day.
  • Mehul Colours IPO subscribed over 1.41x times on day 2. 
  • Mehul Colours IPO subscribed over 0.95x times on day 1. 

About Mehul Colours

Mehul Colours & Masterbatches Private Limited, founded in 1995, is one of the leading companies involved in the manufacturing and exporting of masterbatches and pigments in India. The company’s portfolio consists of a wide range of products, such as white, black, color, and additive masterbatches serving many applications in plastics, rubbers, and elastomers. 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. The company includes a total of 32 permanent employees as of June 30, 2025. 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. Experienced Promoters with Industry Expertise and In-house manufacturing facilities with integrated testing & R&D capabilities are the strength of the company.

Mehul Colours IPO Company Financial Report

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.

Mehul Colours IPO GMP

Mehul Colours IPO GMP was ₹0 as of Thursday, 31st July. That indicates the IPO is trading at ₹72 with a ₹0 premium in the grey market against the issue price of ₹72.

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