Latest news with #MehulColours
Mint
5 days ago
- Business
- Mint
Mehul Colours shares list with decent 18% premium at ₹85, slightly above expectations, on the BSE SME
Mehul Colours shares listed with a decent 18% premium at ₹ 85 on the BSE SME on Wednesday. The listing of Mehul Colours shares was 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 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.
Mint
5 days ago
- Business
- Mint
Mehul Colours shares list with decent 18% premium at ₹85, slightly above expectations, on the BSE SME
Mehul Colours shares listed with a decent 18% premium at ₹ 85 on the BSE SME on Wednesday. The listing of Mehul Colours shares was 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 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. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment
Business Standard
5 days ago
- Business
- Business Standard
BSE SME Mehul Colours paints the street green on debut
Shares of Mehul Colours was trading at Rs 86.70 on the BSE, a premium of 20.42% compared with the issue price of Rs 72. The scrip was listed at Rs 85, a premium of 18.06% compared with the initial public offer (IPO) price. The stock is currently up 2% over its listing price. The counter hit a high of Rs 89.25 and a low of Rs 85. About 9.38 lakh shares of the company changed hands at the counter. Mehul Colours' IPO was subscribed 7.50 times. The issue opened for bidding on 30 July 2025 and it closed on 1 August 2025. The price band of the IPO was set at Rs 68 to 72 per share. The IPO comprised fresh issue of 30,08,000 shares. The company intends to utilize the net proceeds for funding of capital expenditure towards setup of a new manufacturing facility, funding of working capital requirements and general corporate purpose. Ahead of the IPO, Mehul Colours on 29 July 2025, raised Rs 6.15 crore from anchor investors. The board allotted 8.54 lakh shares at Rs 72 per share to 5 anchor investor. Mehul Colours specializes in the manufacturing of masterbatches, which are key to the plastics industry for adding color and enhancing the functional properties of plastic products. These masterbatches consist of concentrated pigments and additives that are evenly mixed with polymer carriers, enabling the integration of both color and functional properties into plastic items. During the manufacturing process, they ensure even pigment distribution in the plastic resin, avoiding inconsistencies like uneven patches. Masterbatches also improve the visual appearance and provide additional features such as UV resistance, flame retardancy, and antistatic properties. In addition, the company produces and sells customized pigment solutions. These pigments are fine, solid colorants that are blended to meet specific needs, ensuring the right color and performance characteristics tailored to various industry and customer demands. As of 30 June 2025, the company had a total of 32 permanent employees.
Business Standard
5 days ago
- Business
- Business Standard
Shares of Mehul Colours list in MT Group
The equity shares of Mehul Colours (Scrip Code: 544472) are listed and admitted to dealings on the Exchange in the list of ''MT'' Group Securities. In the pre-open session for newly listed shares, the indicative price of the stock is at a premium of 16.67% over the IPO price of Rs 72.
Economic Times
6 days ago
- Business
- Economic Times
Mehul Colours shares to debut today. Here's what GMP signals
Mehul Colours is poised for a potentially upbeat listing on the BSE SME platform on Wednesday as the IPO sees a grey market premium (GMP) of 16% ahead of its debut. With the issue price fixed at Rs 72 per share, the GMP suggests a possible listing in the range of Rs 83–85. ADVERTISEMENT The Rs 21.66 crore IPO, entirely a fresh issue of 30.08 lakh equity shares, was open for subscription between July 30 and August 1. It received solid interest across investor segments, closing with an overall subscription of 7.98 times. Qualified institutional buyers (QIBs) led the demand with a subscription of 13.54 times, followed by non-institutional investors (10.91 times) and retail investors (3.56 times). Founded in 1995, Mehul Colours is engaged in the manufacturing and export of masterbatches—colour and additive concentrates used in company produces a range of white, black, colour, and additive masterbatches along with organic and inorganic IPO proceeds will be primarily used to set up a new manufacturing facility (Rs 14.63 crore) and fund working capital requirements (Rs 4 crore), with the remainder allocated for general corporate purposes. ADVERTISEMENT On the financial front, Mehul Colours reported a 5% year-on-year revenue increase to Rs 23.71 crore in FY25, while profit after tax jumped 71% to Rs 5.5 decent subscription levels and premium in the grey market suggest a healthy listing, but post-listing performance may hinge on how effectively the company executes its expansion and scales in a crowded market. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
