Unilex Colours and Chemicals Limited is engaged in the business of manufacturing of Pigment, and the trading of chemicals and food colours. The pigments manufactured by them find diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating.

Unilex Colours and Chemicals, an Book Built Issue amounting to ₹31.32 Crores, consisting entirely an Fresh Issue of 36.00 Lakh Shares. The subscription period for the Unilex Colours and Chemicals IPO opens on September 25, 2024, and closes on September 27, 2024. The allotment is expected to be finalized on or about Monday, September 30, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Thursday, October 03, 2024.

The Share price band of Unilex Colours and Chemicals IPO is set at ₹82 to ₹87 equity per share, with a minimum lot size of 1,600 shares. Retail investors are required to invest a minimum of ₹1,39,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹2,78,400.

HEM SECURITIES LIMITED is the book-running lead manager, LINK INTIME INDIA PRIVATE LIMITED is the registrar for the Issue. Hem Finlease Private Limited is the Market Maker for the Unilex Colours and Chemicals.

Unilex Colours and Chemicals Limited IPO GMP Today
The Grey Market Premium of Unilex Colours and Chemicals Limited IPO is expected in the range of ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Unilex Colours and Chemicals Limited IPO Live Subscription Status Today: Real-Time Updates
As of 04:30 PM on 27 September 2024, the Unilex Colours and Chemicals Limited IPO live subscription status shows that the IPO subscribed 30.78 times on its Final day of subscription period. Check the Unilex Colours and Chemicals Limited IPO Live Subscription Status Today at NSE.

Unilex Colours and Chemicals Limited IPO Anchor Investors Report
Unilex Colours and Chemicals has raised ₹8.88 Crore from Anchor Investors at a price of ₹87 per shares in consultation of the Book Running Lead Managers. The company allocated 10,20,800 equity shares to the Anchor Investors. Check Full list of Unilex Colours and Chemicals Anchor Investors List

Note:- Equity Shares to Anchor Investors are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

Unilex Colours and Chemicals Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Unilex Colours and Chemicals IPO allotment date is 30 September, 2024, Monday. Unilex Colours and Chemicals IPO Allotment will be out on 30th September 2024 and will be live on Registrar Website from the allotment date. Check Unilex Colours and Chemicals Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Unilex Colours and Chemicals Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Unilex Colours and Chemicals Limited IPO
Unilex Colours and Chemicals Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1,500.00 Lakhs is required to Meet Working Capital Requirements; 
2. ₹1,000.00 Lakhs is required for Repayment of a portion of certain borrowing availed by the Company; 
3. General Corporate Purpose.

Refer to Unilex Colours and Chemicals Limited RHP for more details about the Company.

Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO.

The Upcoming IPOs in this week and coming weeks are Avax Apparels & Ornaments Limited, TechEra Engineering Limited, Unilex Colours & Chemicals Limited, Thinking Hats Entertainment Solutions Limited, KRN Heat Exchanger Refrigerator Limited, Divyadhan Recycling Industries Limited, Archit Nuwood Industries Limited.

The current active IPO is WOL 3D India Limited, Rappid Valves (India) Limited, Manba Finance Limited, Avi Ansh Textiles Limited, Phoenix Overseas Limited, BikeWo GreenTech Limited, SD Retail Limited.

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About Unilex Colours and Chemicals Limited

Unilex Colours and Chemicals Limited is engaged in the business of manufacturing of Pigment, and the trading of chemicals and food colours. The pigments manufactured by them find diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating.

Within Pigments, they specialize in Pigment Blue 15:3 and 15:4. Their products are marketed under the registered brand name “Unilex.” They cater to both domestic and international markets, providing a wide range of pigment solutions for various industries. Their manufacturing facility is situated at MIDC – Tarapur, Palghar, Maharashtra and is equipped with various machines such as Ball Mill Machine, Root Blower, Silo, Reaction Steel Vessel, Brick Linned Vessel, Rubber Linned Vessel, Drowning Vessel, Spin Flash Dryer, Ribbon Blender, Air Classifier Mill Machine, Air Blender, Filter Press Machine etc. Their products are manufactured from raw materials such as BM CPC, Caustic Soda Flakes, Gum Rosin, Hydrochloric Acid, Mix Xylene, Additive Monosulphonaled CPC Blue and Unisol SI-20 etc. 

Furthermore, they have been recognised as a Three Star Export House by the Ministry of Commerce, Government of India. They trade various pigments and food colours such as Pigment Green 7, Middle Chrome, Lemon Chrome, Pigment Violet 3, 23, and 27, Ultramarine Blue, and other Azo pigments like Red 57:1, 53:1, Orange 5, 13, and Yellow 12, 13, 14 as well as food colours such as Tartrazine, Sunset Yellow, Allura Red, Ponceau 4R, Carmoisine, and Brilliant Blue etc., which are sourced from third-party manufacturers to meet their clients' specific needs and standards. They are exporting their products to countries including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, Netherlands, Poland, China, Spain, Malaysia, Thailand, United Arab Emirates and Uzbekistan. 

CHEMICAL INDUSTRY
Covering more than 80,000 commercial products, India’s chemical industry is extremely diversified and can be broadly classified into bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers, and fertilisers. India is the 6th largest producer of chemicals in the world and 3rd in Asia, contributing 7% to India’s GDP. India's chemical sector, which is currently estimated to be worth US$ 220 billion in 2022 and is anticipated to grow to US$ 300 billion by 2025 and US$ 1 trillion by 2040. 

Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan and China. India accounts for 16-18% of the world production of dyestuffs and dye intermediates. Indian colorants industry has emerged as a key player with a global market share of ~15%. The country’s chemicals industry is de-licensed, except for few hazardous chemicals. India holds a strong position in exports and imports of chemicals at a global level and ranks 14th in exports and 8th in imports at global level (excluding pharmaceuticals). 

The domestic chemicals sector's small and medium enterprises are expected to showcase 18-23% revenue growth in FY22, owing to an improvement in domestic demand and higher realisation due to high prices of chemicals. Domestic demand is expected to rise from US$ 170 billion-US$ 180 billion in 2021 to US$ 850 billion-US$ 1,000 billion by 2040. India’s proximity to the Middle East, the world’s source of petrochemicals feedstock, enables it to benefit on economies of scale.

Despite the pandemic situation, the Indian chemical industry has numerous opportunities considering the supply chain disruption in China and the trade conflict between the US, Europe and China. Anti-pollution measures in China will also create opportunities for the Indian chemical industry in specific segments. 

Additional support, in terms of fiscal incentives, such as tax breaks and special incentives through PCPIRs or SEZs to encourage downstream units will enhance production and development of the industry. The dedicated integrated manufacturing hubs under the Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR) policy to attract an investment of ₹ 20 lakh crore (US$ 276.46 billion) by 2035. 

To bring about structural changes in the working of the domestic chemical industry, future investments should not only focus on the transportation of fuels such as petrol and diesel but also on crude-to-chemicals complexes or refineries set up to cater to the production of chemicals.

UNILEX COLOURS AND CHEMICALS LIMITED COMPETITIVE STRENGTHS
1. Long standing relationships with diversified customers across geographics
2. They offer a diversified range of products
3. Catering to wide range of industries
4. Research and development capabilities allowing product innovation and customization

UNILEX COLOURS AND CHEMICALS LIMITED STRATEGIES
1. Enhancing branding, promotional and marketing activities
2. Deepen and expand their geographical presence
3. Focus on manufacturing by expanding our product portfolio
4. Continue to strengthen their relationships with the customers
5. Focus on consistently meeting customer specification’s & quality standards

UNILEX COLOURS AND CHEMICALS LIMITED RISK FACTORS AND CONCERNS
1. A significant portion of their revenue is generated from sales of their top five products.
2. Their reliance on certain industries for a significant portion of their sales could have an adverse effect on their business.
3. They are dependent upon third parties for trading and supply of the products they sell.
4. They derive a majority portion of their revenues from exports and are subject to risk of international trade.
5. They are exposed to foreign currency fluctuations risks, particularly in relation to export of products, which may adversely affect their results of operations, financial condition and cash flows.