Mehul Colours Ltd

Mehul Colours Limited was acquired under the name of 'Mehul Colours and Masterbatches Private Limited' following the acquisition of the ongoing business of the proprietary concern, M/S Mehul Colour Chem in December 1995. Thereafter, the Company got incorporated as 'Mehul Colours and Masterbatches Private Limited' on 12 December, 1995, pursuant to a Certificate of Incorporation issued by Registrar of Companies, Maharashtra. Thereafter, Company was converted from private limited to public limited, and the name of the Company was changed from 'Mehul Colours and Masterbatches Private Limited' to 'Mehul Colours and Masterbatches Limited' dated December 16, 2024 and subsequently, the name of Company was changed from 'Mehul Colours and Masterbatches Limited' to 'Mehul Colours Limited' vide fresh Certificate of Incorporation issued by the Registrar of Companies, Central Processing Centre, as on January 9, 2024. Company is primarily engaged in the manufacturing of masterbatches, which are used in the plastics industry to impart colour and enhance the functional properties of plastic products. In addition to manufacturing masterbatches, Company is also engaged in the sale of pigments. Masterbatches are concentrated mixtures of pigments and additives that are uniformly dispersed in polymer carriers, facilitating the effective integration of colour and performance-enhancing properties into plastic products. During plastic processing, masterbatches enable the uniform dispersion of pigments within the plastic resin, ensuring consistent colour distribution throughout the final plastic product without uneven patches or variations. They are used to enhance visual appearance and impart specific properties to plastic materials such as UV resistance, flame retardancy and anti-static behavior. The manufacturing operations are carried at two production facilities within the Tungareshwar Industrial Estate, Sativali, Vasai East, Palghar, Maharashtra. In 2024, Company supplied the masterbatches to over 500+ customers spanning a broad array of industries, including stationery, plastic household products, plastic toys, agricultural tools, pipes and fittings, packaging materials, wires & cables, electrical switches & accessories, sheets and various other plastic products. Product line includes colour masterbatches, additive masterbatches, special effect masterbatches and filler masterbatches to meet specific functional and aesthetic needs in plastic manufacturing. Company made a fresh issue initial public offer of 30,08,000 equity shares of face value Rs 10 each in Aug'25.