
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
Overall Subscription
7.98x
Total Demand
QIB Multiplier
13.54x
Institutions & Funds
NII / HNI
10.91x
High Net-Worth
Retail (RII)
3.56x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 571,200 | 7,734,400 | 13.54x |
| NIB | 428,800 | 4,680,000 | 10.91x |
| HNIs(10L +) | 285,867 | 3,934,400 | 13.76x |
| HNIs (2-10L) | 142,933 | 745,600 | 5.22x |
| RETAIL | 1,001,600 | 3,568,000 | 3.56x |
| Total | 2,430,400 | 20,662,400 | 7.98x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 60 | 195 | 3.25x |
| HNIs (3-10L) | 30 | 135 | 4.50x |
| RETAIL | 313 | 1,115 | 3.56x |
| Total Applications | 403 | 1,445 | 3.59x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Mehul Colours Limited IPO is ₹11 per equity share. Based on the upper price band of ₹68 to ₹72 per equity share, the estimated listing price is ₹83 (+15.3% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹11, the expected profit per application lot is approx ₹17,600 (+15.3% gain). Minimum application cost is approx ₹1,15,200.
The Mehul Colours Limited IPO aggregate issue size is ₹21.66 Crores with an equity price band set at ₹68 to ₹72 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,15,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.98x (Retail: 3.56x, QIB: 13.54x, NII: 10.91x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-08-04. Investors can verify status using PAN card or application number.
Mehul Colours Limited shares are scheduled to list on BSE on 2025-08-06.