Unilex Colour & Chemical Ltd IPO

Unilex Colour & Chemical Ltd IPO

The Company is engaged in the manufacturing of Pigment, and the trading of chemicals and food colours. Our products find diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating. Within Pigments, it specializes in Pigment Blue 15:3 and 15:4, with an annual production capacity of 1878 MTPA. Its products are marketed under the registered brand name Unilex. The Company caters to both domestic and international markets, providing a wide range of pigment solutions for various industries.

Unilex Colour & Chemical Ltd IPO Details

Total Shares Offered

₹ 36,00,000

Offer to Public

TBA

Retail Max (Shares)

₹ 11,93,600

Pre Issue Promoters Holding

₹ 1,00,17,000

Exchange

NSE

Issue size

₹ 31.32 Cr

IPO Open Date

Sep 25, 2024

Close Date

Sep 27, 2024

Lot Size

1600

Min Investment

₹ 1,31,200

Issue Type

Book Building - SME

Listing Date

Oct 3, 2024

Unilex Colour & Chemical Ltd IPO Dates

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Sep 25, 2024
Opening date
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Sep 27, 2024
Closing date
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Sep 30, 2024
Basis of Allotment
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Oct 1, 2024
Initiation of Refunds
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Oct 1, 2024
Credit of Shares
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Oct 3, 2024
Listing date

Details

SectorType
SectorDyes And Pigments
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Unilex Colour & Chemical Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations9.288.897.15
EBITDA9.939.497.72
PAT6.416.174.97
Total Assets95.1378.6958.99
Share Capital13.6210.023.34
Total Borrowings26.6933.9321.22
Operating Activities (Net Cash)7.066.775.54
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)26.6933.9321.22
Net Cashflow30.474.371.03

About Unilex Colour & Chemical Ltd

The Company was originally incorporated as a Public Limited Company under the name of Unilex Exports Limited on March 23, 2001 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai, Maharashtra bearing CIN U24239MH2001PLC131352. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 26, 2012, the name of our Company was changed from Unilex Exports Limited to Unilex Colours and Chemicals Limited and a fresh certificate of incorporation consequent upon Change of Name was issued by the Registrar of Companies, Mumbai, Maharashtra vide certificate dated April 14, 2012 bearing CIN U74999MH2001PLC131352.

India's chemical sector, which is currently estimated to be worth US$ 220 billion in 2022 and is anticipated to grow to US$ 300 billion by 2025 and US$ 1 trillion by 2040. Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan and China. India accounts for 16-18% of the world production of dyestuffs and dye intermediates. Indian colorants industry has emerged as a key player with a global market share of ~15%. The country's chemicals industry is de-licensed, except for few hazardous chemicals. India holds a strong position in exports and imports of chemicals at a global level and ranks 14th in exports and 8th in imports at global level (excluding pharmaceuticals).

The Company is engaged in the manufacturing of Pigment, and the trading of chemicals and food colours. Our products find diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating. Within Pigments, it specializes in Pigment Blue 15:3 and 15:4, with an annual production capacity of 1878 MTPA. Its products are marketed under the registered brand name Unilex. The Company caters to both domestic and international markets, providing a wide range of pigment solutions for various industries.

Peer Comparison:

  • Kesar Petroproducts Ltd
  • Sudarshan Chemical Industries Ltd

Unilex Colour & Chemical Ltd Key Points

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.

Risk

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.

Strategy

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.

How To Apply for Unilex Colour & Chemical Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Unilex Colour & Chemical Ltd IPO?

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Unilex Colour & Chemical Ltd's IPO offers shares for up to 31.32 It begins on Sep 25, 2024 and ends on Sep 27, 2024.

What is the price of the Unilex Colour & Chemical Ltd IPO?

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The price of Unilex Colour & Chemical Ltd IPO ranges between ₹82 to ₹87 per share.

What are the open and close dates for the Unilex Colour & Chemical Ltd IPO?

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The Unilex Colour & Chemical Ltd IPO opens on Sep 25, 2024 and closes on Sep 27, 2024.

When will the Unilex Colour & Chemical Ltd IPO be allotted?

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The allotment for the Unilex Colour & Chemical Ltd IPO will be finalised on Sep 30, 2024. The shares will be listed on BSE and NSE on Oct 3, 2024.

What is the minimum lot size required for Unilex Colour & Chemical Ltd IPO?

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The minimum lot size for Unilex Colour & Chemical Ltd IPO is 1600 shares, priced between ₹82 to ₹87 per share.

What is the GMP of Unilex Colour & Chemical Ltd IPO?

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The GMP (Grey Market Premium) of Unilex Colour & Chemical Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Unilex Colour & Chemical Ltd IPO?

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To check the allotment status of Unilex Colour & Chemical Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Unilex Colour & Chemical Ltd IPO getting listed?

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The Unilex Colour & Chemical Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 25, 2024, and closes on Sep 27, 2024. The allotment is finalised on Sep 30, 2024.

How do you apply for the Unilex Colour & Chemical Ltd IPO?

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To apply for the Unilex Colour & Chemical Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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