Issue Price
₹ 82-₹ 87
per equity share
Issue Size
25.79 lakhs
equity share
Face Value
₹ 10
per equity share
Market Lot
1600
equity share
Please note
Listing at NSE
Unilex Colours and Chemicals Limited
Important Dates
IPO Open Date
25 Sep 2024
IPO Close Date
27 Sep 2024
Allotment Date
30 Sep 2024
Initiation of Refunds
01 Oct 2024
Credit of Shares to Demat Account
01 Oct 2024
IPO Listing Date
03 Oct 2024
UPI Mandate Expiry Date
27 Sep 2024
IPO Details
Unilex Colours and Chemicals IPO is open for subscription starting Wednesday, September 25, 2024, and closing on Friday, September 27, 2024. This upcoming IPO price is Rs 82 to Rs 87 per share. The minimum lot size set for the retail category is 1600 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 3200 shares. The minimum investment required for retail category investors is Rs 1,39,200 (87 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,78,400 (87 x 3200 shares). Unilex Colours and Chemicals IPO is a book-built issue of Rs 31.32 crores. The upcoming IPO is entirely a fresh issue of 36 lakh shares. The allotment for this new IPO is expected to be finalised on Monday, September 30, 2024. Unilex Colours and Chemicals IPO will be listed on NSE SME on Thursday, October 3, 2024. Hem Securities Limited is the book-running lead manager, Link Intime India Private Limited is the registrar, and Him Finlease is the market maker for this IPO.
Seize the deal, apply for IPO today!
Apply for IPOAbout Unilex Colours and Chemicals Limited
Unilex Colours and Chemicals Limited was incorporated in 2001, engaged in the business of manufacturing pigments, trades chemicals, and manufactures food colours. They provide a wide range of pigment solutions for various industries. They markets its products under the brand name Unilex catering both domestic and international markets.
The company's product portfolio includes a wide range of pigments, including Pigment Green -7, Pigment Middle Chrome, Pigment Violet 23 & 27, and Ultramarine Blue, which are sourced from various third-party manufacturers to meet the specific requirements of its clients. The company also offers multilayer paper bags, corrugated boxes, HDPE and HDPE-coated bags, multi-layer liners and HM covers, wooden pallets, and jumbo bags.
The products are exported to many countries including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey and many more countries. As of March 31, 2024 the company has a team of 54 employees in the manufacturing unit.
Parent Organisation
-
Founded
2001
Managing Director
NPurushottam Brijlal Sharma, Narendra Parameswarappa Kotehall, Aditya Sharma, Manojkumar Shyamsunder
IPO Objectives
The money raised from the IPO will be used to cover the day-to-day capital needs of the company. The remaining money will be used for repaying the past loans availed by the company and fulfilling the general corporate purposes.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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PAN Card | Aadhaar Card | Bank Account Number
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