Mehul Colours shares list with decent 18% premium at ₹85, slightly above expectations, on the BSE SME
The Mehul Colours shares that saw listing at ₹ 85 with a decent 18% premium on Wednesday, over the upper band of the IPO price of ₹ 72
The Mehul Colours shares post listing gained further to highs of ₹ 89.25 on Wednesday.
Mehul Colours's share listing was slightly ahead of expectations as represented by investorgain.com data on the Grey Market Premium, or the GMP
Mehul Colours IPO GMP, or Grey Market Premium, stood at +11 . This means that the shares of Mehul Colours are trading with an ₹ 11 premium over the upper band of the issue price of ₹ 72 in the grey market. This also meant that investors were expecting a listing of Mehul Colours shares at a 15.28% premium and close to the upper band of the issue price and at ₹ 83. Clearly the actual listing of Mehul Colours's share was slightly above the investor expectations as indicated by the GMP, or the Grey market premium.
Mehul Colours IPO had received a strong response, as was evident from the subscription status.
Mehul Colours IPO subscribed 7.98 times. By August 1, 2025, the public offering had been subscribed for 3.56 times by individual investors, 13.54 times by QIB, and 10.91 times by NII.
Mehul Colours IPO was a book-building issue worth ₹ 21.66 crores. The issue was entirely a fresh issue of 30.08 lakh shares.
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