
Manufacturing · BSE
Mehul Colours & Masterbatches Pvt. Ltd., established in 1995, is involved in the manufacturing and export of masterbatches in India. The company provides a wide variety of products, including white, black, color, and additive masterbatches, which are used in plastics, rubbers, and elastomers for different applications. It operates from two facilities located in Tungareshwar Industrial Estate, Vasai East, Mumbai, with production capacities of 10,56,000 kg and 2,28,000 kg respectively, each spread over 3,200 square feet. Their product range includes masterbatches, which are polymer-based mixtures used to achieve uniform color and improve properties like UV resistance, flame retardancy, and anti-static performance. They also produce organic and inorganic pigments—organic pigments offer bright and vivid colors, while inorganic ones are known for durability and heat resistance. As of June 30, 2025, the company employed 32 permanent staff members.
Price Band
₹68 – ₹72
Issue Size
₹21.66 Cr
Lot Size
1600 shares
GMP
+15.3%
Est. Listing
₹83
at current GMP
Subscribed
7.98x
overall
Open
30 Jul 2025
Close
1 Aug 2025
Allotment
4 Aug 2025
Refund
5 Aug 2025
Demat Credit
6 Aug 2025
Listing
6 Aug 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
4 Aug 2025
Basis finalization
Refunds Initiate
5 Aug 2025
Mandate release
Demat Credit
6 Aug 2025
Shares in demat
Listing Debut
6 Aug 2025
Trading begins
Mehul Colours Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹21.66 Crores. The shares are offered at a price band of ₹68 to ₹72 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-01, the basis of allotment is scheduled to be finalized on 2025-08-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.