Unilex Colors and Chemical compounds IPO, valued at Rs 31.32 crores, is a book-built problem with 36 lakh recent shares.
The Unilex Colors and Chemical compounds IPO subscription commences on September 25, 2024, and concludes on September 27, 2024. The allotment of the IPO is anticipated to be finalized on Monday, September 30, 2024. Unilex Colors and Chemical compounds IPO shall be listed on the Nationwide Inventory Trade (NSE) Small and Medium Sized Enterprises (SME) on Thursday, October 3, 2024.
The value band for Unilex Colors and Chemical compounds IPO ranges from Rs 82 to Rs 87 per share, with a minimal lot-size of 1600 shares for retail traders. Retail traders should make a minimal funding of Rs 1,39,200, whereas excessive internet price people (HNIs) have to spend money on 2 tons (3,200 shares), amounting to Rs 2,78,400.
Hem Securities Restricted is the book-running lead supervisor for the Unilex Colors and Chemical compounds IPO. Hyperlink Intime India Non-public Ltd is the registrar for the difficulty. Hem Finlease is the market maker.
Abstract of the Unilex Colors and Chemical compounds IPO
| Particulars | Particulars |
| IPO Date | September 25, 2024 to September 27, 2024 |
| Face Worth | Rs 10 per share |
| Worth Band | Rs 82 to Rs 87 per share |
| Lot Dimension | 1,600 Shares |
| Complete Subject Dimension | 36,00,000 shares (aggregating as much as Rs 31.32 Crores) |
| Recent Subject | 36,00,000 shares (aggregating as much as Rs 31.32 Crores) |
| Subject Sort | Ebook Constructed Subject IPO |
| Itemizing At | NSE SME |
| Shareholding pre-issue | 1,00,17,000 |
| Shareholding publish problem | 1,36,17,000 |
| Market Maker portion | 192,000 shares (by Hem Finlease) |
Timeline of main occasions
| Particulars | Particulars |
| IPO Open Date | Wednesday, September 25, 2024 |
| IPO Shut Date | Friday, September 27, 2024 |
| Foundation of Allotment | Monday, September 30, 2024 |
| Initiation of Refunds | Tuesday, October 1, 2024 |
| The credit score of Shares to Demat | Tuesday, October 1, 2024 |
| Itemizing Date | Thursday, October 3, 2024 |
| Lower-off time for UPI mandate affirmation | 5 PM on September 27, 2024 |
Totally different Investor classes and shares provided to them
| Investor Class | Shares Supplied |
| QIB Shares Supplied | No more than 50.00% of the Web Subject |
| Retail Shares Supplied | Not lower than 35.00% of the Web Subject |
| NII (HNI) Shares Supplied | No more than 15% of the Web Subject |
Lot measurement, shares utilized by Traders and their worth
| Utility | Tons | Shares | Quantity |
| Retail (Min) | 1 | 1,600 | Rs 1,39,200 |
| Retail (Max) | 1 | 1,600 | Rs 1,39,200 |
| HNI (Min) | 2 | 3,200 | Rs 2,78,400 |
Unilex Color and Chemical Restricted SME IPO’s gray market premium (GMP) is but to begin. It is going to be up to date on the web site as quickly because it begins.
| GMP Date | IPO Worth | GMP | Sub2 Sauda Charge | Estimated Itemizing Worth | Final Up to date |
| 20-09-2024 | 87 | Rs 0 | — | Rs 87 (0%) | 20-09-2024, at 10:30:00 hrs IST |
| 19-09-2024 | 87 | Rs 0 | — | Rs 87 (0%) | 19-09-2024, at 23:29:00 hrs IST |
Established in March 2001, Unilex Colors and Chemical compounds Restricted manufactures meals colors and trades pigments.
The corporate sells its merchandise beneath the trademarked identify “Unilex” and caters to home and worldwide markets, providing various pigment options for numerous sectors.
Located in Palghar, Maharashtra, the corporate’s manufacturing facility covers an space of 1275 sq. meters and is provided with quite a lot of equipment, together with Ball Mill, Root Blower, Silo, Response Metal Vessel, Brick Lined Vessel, Rubber Lined Vessel, Drying Vessel, Spin Flash Dryer, Ribbon Blender, Air Classifier Mill, Air Blender, and Filter Press.
The corporate’s manufacturing plant is licensed with ISO 9001:2015 for high quality administration in producing pigments, meals dyes, and drug intermediates.
The corporate’s product vary encompasses all kinds of pigments, comparable to Pigment Inexperienced -7, Pigment Center Chrome, Pigment Violet 23 & 27, and Ultramarine Blue, sourced from totally different third-party producers to satisfy the particular wants of its clients.
The corporate supplies a variety of packaging choices, together with multi-layer paper baggage, corrugated containers, HDPE and HDPE-coated baggage, multi-layer liners and HM covers, picket pallets, and jumbo baggage.
The corporate’s manufacturing income in fiscal 2024, 2023, and 2022 was Rs 6,652.17 lakhs, Rs 7,455.21 lakhs, and Rs 8,487.51 lakhs, respectively, contributing 46.24%, 53.48%, and 58.42% of the whole income.
The corporate exports its merchandise to a number of nations, together with Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Spain, Malaysia, Thailand, the United Arab Emirates, and Uzbekistan.
Extract from the monetary statements from the previous three monetary years
| Particulars | As of 31-03-2024 (Rs in lakhs) | As of 31-03-2023 (Rs in lakhs) | As of 31-03-2022 (Rs in lakhs) |
| Belongings | 9,068.35 | 7,072.31 | 7,669.84 |
| Income | 14,932.88 | 14,441.84 | 15,156.73 |
| Revenue After Tax | 616.67 | 497.07 | 471.17 |
| Web Price | 3,686 | 3,202.89 | 2,805.98 |
| Reserves and Surplus | 2,684.30 | 2,868.99 | 2,472.08 |
| Complete Borrowing | 2,161.40 | 1,166.83 | 1,135.09 |
Key ratios
| KPI | Values as of March 31, 2024 |
| ROE | 17.93% |
| ROCE | 6.32% |
| Debt/Fairness | 0.59 |
| RoNW | 16.73% |
| PAT Margin (%) | 4.29 |
The place, KPI stands for Key efficiency indicator. ROE stands for return on fairness. ROCE stands for return on capital employed. RoNW stands for return on internet price, and PAT stands for revenue after tax.
The market capitalisation of Unilex Color & Chemical Ltd is Rs 118.47 crores.
The Pink herring prospectus of the corporate describes associated to its IPO, that are acknowledged as beneath.
Dangers associated to Gross sales
A lot of the firm’s revenue comes from the gross sales of the corporate’s high 5 merchandise. It may damage its enterprise, monetary scenario, and operational outcomes if it loses clients who purchase these merchandise or considerably decreases manufacturing, gross sales, or demand. Extra importantly, it may endanger its prospects.
Dangers associated to the third-party distributors
There’s a threat associated to the corporate’s dependence on third-party distributors for its merchandise. Potential dangers are related to delays or failures in product supply, particularly when no long-term contracts exist with these third-party suppliers.
The corporate’s challenges in securing a steady and predictable provide of merchandise and the potential affect on gross sales, prices, and repute if suppliers fail to stick to agreed timelines. Moreover, no such cases have occurred previously.
Dangers associated to manufacturing processes
The enterprise is closely depending on the manufacturing of its merchandise. Any disruption associated to the manufacturing actions might trigger hinderance in its enterprise operation. There could possibly be slowdown or shutdown associated to manufacturing processes. There are additionally possible possibilities of strikes, work stoppages and/or elevated wage demand for the labourers. These conditions might have damage the enterprise operations, and monetary situation of the enterprise.
Dangers associated to non-compliance actions
The corporate wants to stick to the foundations of the Registrar of the Corporations and provisions of the Corporations act, 1956/2013. Among the firm’s data can’t be traced. Any penalty associated to it may affect the repute and monetary place of the corporate sooner or later.
Who’re the Unilex Colors & Chemical compounds Ltd opponents?
Seigwerk India Non-public Restricted, Sudarshan North American INC, Lanxess India Non-public Restricted, and so forth. are the import opponents of Unilex Color & Chemical Ltd.
What’s the Unilex Colors & Chemical compounds Ltd share value?
The share value of Unilex Color & Chemical Restricted ranges from Rs 82 to Rs 87 per share.
What’s the Unilex Colors IPO face worth per share?
The face worth is Rs 10 per share for Unilex Color IPO.
What’s Unilex Colors & Chemical compounds Ltd IPO Lot measurement?
The minimal lot measurement for retail traders consists of 1600 shares for is Unilex Color & Chemical Ltd IPO.
Point out the Unilex Colors & Chemical compounds Ltd IPO’s Opening date & time limit.
The opening and shutting dates of Unilex Color & Chemical Ltd IPO are Wednesday, September 25, 2024, and Friday, September 27, 2024, respectively.
Who’s the registrar of the Unilex Colors & Chemical compounds Ltd IPO?
The registrar of the Unilex Color & Chemical Ltd IPO is Hyperlink Intime India Non-public Ltd.
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