Unilex Colour & Chemical Ltd IPO
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Unilex Colour & Chemical Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 36 L | TBA | ₹ 11.94 L | ₹ 100.17 L | NSE | ₹ 31.32 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 25 Sep, 24 | 27 Sep, 24 | 1600 | ₹ 1,31,200 | Book Building - SME | 03 Oct, 24 |
Unilex Colour & Chemical Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Dyes And Pigments |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 6.24x | 1702400 | 10620800 |
| NII | 61.34x | 512000 | 31404800 |
| Retail | 36.59x | 1193600 | 43676800 |
| Employee | 0x | 0 | 0 |
| Total | 23.81x | 3600000 | 85702400 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Unilex Colour & Chemical Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 8.89 | 7.15 | 6.88 |
| EBITDA | 9.49 | 7.72 | 7.41 |
| PAT | 6.17 | 4.97 | 4.71 |
| Total Assets | 78.69 | 58.99 | 65.00 |
| Share Capital | 10.02 | 3.34 | 3.34 |
| Total Borrowings | 33.93 | 21.22 | 22.94 |
| Operating Activities (Net Cash) | 6.77 | 5.54 | 5.24 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 33.93 | 21.22 | 22.94 |
| Net Cashflow | 4.37 | 1.03 | 0.61 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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 IPO 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.
- 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.
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.