Mehul Colours IPO

About the company

Mehul Colours Limited, established in 1995, specialises in manufacturing masterbatches and pigments that enhance the colour, durability, and performance of plastics. The company operates two production facilities in Palghar with a combined capacity of 12,84,000 kg and plan to establish a new manufacturing facility Vasai to increase capacity and enter the polymer compounds market. The company supplies its products to over 500+ customers spanning a broad array of industries, including stationery, plastic household products, plastic toys, agricultural tools and others across 16 states in India. In FY25, masterbatches accounted for 84.17% of overall revenue, while rest of the revenue came from pigments sales. The company also exports its products to countries like Canada, Jordan, Qatar and Thailand, contributing 6.83% of FY25 revenue.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   30 Jul 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Aug 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   04 Aug 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   05 Aug 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   05 Aug 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Aug 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.