Mehul Colours IPO Date, Review, Price, Details
Mehul Colours is set to launch its IPO on July 30, 2025, with the subscription period closing on August 1, 2025. This offering is structured as a Book Build Issue, aiming to raise approximately ₹21.66 crores entirely through a fresh issue of shares, each carrying a face value of ₹10. The price range for the IPO has been determined at ₹68 to ₹72 per share. Allocation quotas are split between retail investors (35%), Qualified Institutional Buyers (QIB) at 50%, and High Networth Individuals (HNI) at 15%. Investors can expect the allotment results by August 4, 2025, and the listing is scheduled on the BSE on August 6, 2025.
Reviewing recent financial performance, Mehul Colours reported a revenue of ₹23.71 crores for 2025, a rise from ₹22.66 crores in the prior year, alongside profits of ₹5.50 crores in 2025 compared to ₹3.22 crores in 2024.

Mehul Colours IPO Market Lot
The Mehul Colours IPO minimum market lot is 3,200 shares with ₹2,30,400 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 2 | 3,200 | ₹2,30,400 |
Retail Maximum | 2 | 3,200 | ₹2,30,400 |
S-HNI Minimum | 3 | 4,800 | ₹3,45,600 |
S-HNI Maximum | 8 | 12,800 | ₹9,21,600 |
B-HNI Minimum | 9 | 14,400 | ₹10,36,800 |
Mehul Colours IPO Details
IPO Open Date: | July 30, 2025 |
IPO Close Date: | August 1, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹68 to ₹72 Per Share |
Issue Size: | Approx ₹21.66 Crores |
Fresh Issue: | Approx ₹21.66 Crores |
Lot Size: | 1,600 Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Mehul Colours IPO Valuation – FY2025 (KPI)
Check Mehul Colours IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 38.46% |
ROCE: | 43.53% |
EBITDA Margin: | 30.17% |
PAT Margin: | 24.11% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹7.30 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 32.26% |
Net Asset Value (NAV): | ₹22.62 |
Mehul Colours IPO Company Financial Report
The company reported revenue of ₹23.71 crores in 2025 against ₹22.66 crores in 2024. The company reported profit of ₹5.50 crores in 2025 against profit of ₹3.22 crores in 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹21.37 | ₹17.27 | ₹2.94 | ₹10.82 |
2024 | ₹22.66 | ₹18.31 | ₹3.22 | ₹13.87 |
2025 | ₹23.71 | ₹16.31 | ₹5.50 | ₹18.95 |
Mehul Colours IPO Dates
The Mehul Colours IPO date is July 30 and the close date is August 1. The Mehul Colours IPO allotment will be finalized on August 4 and the IPO listing on August 6.
IPO Open Date: | July 30, 2025 |
IPO Close Date: | August 1, 2025 |
Basis of Allotment: | August 4, 2025 |
Refunds: | August 5, 2025 |
Credit to Demat Account: | August 5, 2025 |
IPO Listing Date: | August 6, 2025 |
Promoters of Mehul Colours IPO
The promoters of the company are Mehul Pravinchandra Joshi and Bhakti Mehul Joshi.
About Mehul Colours IPO
To be updated soon
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Polylink Polymers (India) Limited | 0.96 | 28.00 | 7.13% | 13.52 | 91.23 Cr. |
Deep Polymers Limited | 2.13 | 25.68 | 5.75% | 38.47 | 100.91 Cr. |
Objects of the IPO
Funding capital expenditure to set up a new manufacturing facility (₹14.63 crores, about 67.5% of IPO proceeds)
Funding working capital requirements (₹4 crores, about 18.46%)
General corporate purposes (remaining funds)
Merchant Bankers
- Seren Capital Private Limited
Company Address
Mehul Colours Ltd.
Unit No – A 305,306, Kemp Plaza, Link Road,
Chincholi Bunder Road, Mind Space,
Near Evershine Mall, Malad West
Mumbai, Maharashtra, 400064
Phone: +91-22-2872 3555
Email: [email protected]
Website: https://www.mehulcolours.com/
Mehul Colours IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Check Grey market premium at below
(GMP)