IPO SYNOPSIS

Mehul Colours Ltd
Registered Office:
#.A 305,306 Kemp Plaza Link Rd,Chincholi Bunder Rd Mind Space,
Mumbai - 400064,
Maharashtra, India.
Initial public offer of upto 30,08,000 equity shares of face value of (₹) 10/- each (the "Equity Shares") of Mehul Colthes Limited ("the Company" or "MCL" or "the Issuer") at an issue price of (₹) 72 per equity share for cash, aggregating up to (₹) 21.66 crores ("Public Issue") out of which 1,52,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) 72 per equity share for cash, aggregating (₹) 1.09 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 28,56,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) 54 per equity share for cash, aggregating upto (₹) 20.57 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 28.51 % and 27.07 % respectively of the post-issue paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
30-Jul-25
01-Aug-25
72.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3200     Further Multiples of : 1600
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
21.66
Seren Capital Pvt Ltd
Project Financed
21.66
 
Post Issue
10.55
 
Issue Price
72.00
 
Projects
Funding of capital expenditure towards setup of a new manufacturing facility
Funding of working capital requirements
General corporate purpose
Promoted By
Mehul Pravinchandra Joshi
Bhakti Mehul Joshi
Pravinchandra Girdharlal Joshi
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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