Unilex Colours and Chemicals SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Unilex Colours and Chemicals IPO. Explore Unilex Colours and Chemicals IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Unilex Colours and Chemicals Limited is engaged in the manufacturing of pigments and the trading of chemicals and food colors. Specializing in pigments like Pigment Blue 15:3 and 15:4, the company provides solutions for diverse industries, including plastics, rubber, textiles, paper, printing inks and paints. The company operates a state-of-the-art manufacturing facility located in MIDC – Tarapur, Maharashtra, equipped with advanced machinery such as ball mills, spin flash dryers, and air classifiers. In addition to manufacturing, Unilex trades a variety of pigments like Pigment Green 7, Ultramarine Blue, and Azo pigments, along with food colors such as Tartrazine, Sunset Yellow, and Brilliant Blue, sourced from third-party manufacturers to meet customer-specific needs.
Key Points:
- Specialization in Pigments: Manufactures Pigment Blue 15:3 and 15:4, with an annual production capacity of 1,878 metric tons, catering to industries such as plastics, textiles, and paints.
- Product Range: Engages in the trading of various pigments like Pigment Green 7, Middle Chrome and food colors like Tartrazine and Allura Red, sourced from third-party manufacturers to meet customer needs.
- Market Presence: Exports products to countries including Brazil, Vietnam, Mexico, Russia, Turkey and Spain, ensuring a wide international reach.
- REACH Registration: Holds a REACH Registration certificate, ensuring compliance with European Union regulations for the safe production and trade of chemicals.
- Packaging Solutions: Provides various packaging options like multi-layer paper bags, corrugated boxes and jumbo bags to meet client requirements.
- Three Star Export House: Recognized by the Government of India as a Three Star Export House for its significant contribution to exports in the chemical industry.
Objects of the Issue
- To Meet Working Capital Requirements
- Repayment of a portion of certain borrowing availed by the Company
- General Corporate Purpose.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 25 Sep - 27 Sep 2024 |
| IPO Price Band | ₹82 - ₹87 per share |
| Fresh Issue | 36,00,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹31.32 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 25 Sep 2024 |
| IPO Closing Date | 27 Sep 2024 |
| Basis Of Allotment | 30 Sep 2024 |
| Refunds | 01 Oct 2024 |
| Demat Transfer | 01 Oct 2024 |
| IPO Listing Date | 03 Oct 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| Total Income | 151.57 | 144.42 | 149.33 |
| Total Expenses | 145.22 | 137.84 | 141.05 |
| Net Profit/Loss | 4.71 | 4.97 | 6.17 |
| NPM (*) | 3.24 | 3.57 | 4.29 |
| Total Assets | 76.70 | 70.72 | 90.68 |
| Total Liabilities | 48.64 | 38.69 | 53.82 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| EPS | 4.70 | 4.96 | 6.16 |
| ROE (%) | 17.98 | 16.54 | 17.90 |
| ROCE (%) | 1.2 | 4.95 | 6.32 |
| D/E Ratio | 0.40 | 0.36 | 0.59 |
| Current Ratio | 1.35 | 1.55 | 1.48 |
| EBITDA MARGIN (%) | 0.69 | 1.97 | 2.99 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Unilex Colours and Chemicals Limited | 143.85 | 14.12 | 6.16 | 16.73 | 36.80 |
| Kesar Petroproducts Ltd. | 148.89 | 36.51 | 0.51 | 3.99 | 12.87 |
| Sudarshan Chemical Industries Ltd. | 2,141.43 | 18.62 | 48.40 | 30.29 | 159.84 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 15.58 |
| Non-Institutional Investor (NII/HNI) | 60.74 |
| Retail Individual Investor (RII) | 35.11 |
| Total | 35.03 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- Purushottam Brijlal Sharma
- Narendra Parameswarappa Kotehall
- Aditya Sharma
- Manojkumar Shyamsunder Sharma
- Rohit Krishnakumar Sharma
- Kabir Radheyshyam Sharma
Lead Managers
- HEM SECURITIES LIMITED
Company Address
Unilex Colours and Chemicals Limited
106-107, Advent Atria, Chincholi Bunder Road, Malad (W) Mumbai-400064 Maharashtra
Phone: +91-22-28886235
Email: cs@unilexcolours.in
Website: https://unilexcolours.in
FAQs
- What is the issue size of the Unilex Colours and Chemicals SME IPO?The Unilex Colours and Chemicals SME IPO has an issue size of ₹31.32 crore. This includes a fresh issue of 36,00,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Unilex Colours and Chemicals IPO?The price band for the Unilex Colours and Chemicals IPO is ₹82 - ₹87 per share.
- What are the bidding dates for the Unilex Colours and Chemicals IPO?The Unilex Colours and Chemicals IPO will open for bidding on 25 Sep 2024 and close on 27 Sep 2024.
- What is the allotment date for the Unilex Colours and Chemicals IPO?The allotment date for the Unilex Colours and Chemicals IPO is 30 Sep 2024.
- What is the listing date for the Unilex Colours and Chemicals IPO?The listing date for the Unilex Colours and Chemicals IPO is 03 Oct 2024.
- What is the Unilex Colours and Chemicals IPO grey market premium?The grey market premium (GMP) for the Unilex Colours and Chemicals IPO is currently at ₹4, with an expected listing gain of approximately 4.6%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.