Unilex Colours and Chemicals IPO subscription status commenced on Wednesday, September 25, 2024, and will close on September 27, 2024. Additionally, The company aims to raise approximately ₹31.32 crores through this offering. Furthermore, the allocation consists of 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (NII). Additionally, the price band for each equity share is set between ₹82 and ₹87.
The IPO consists of a minimum market lot of 1600 Shares requiring an application amount of ₹139,200. Unilex Colours and Chemicals is an SME IPO that will be listed on the NSE.
Also read: Unilex Colours and Chemicals IPO: Dates, Pricing and Allotment 2024
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About Company
Unilex Colours and Chemicals Limited is strategically located at 106-107, Advent Atria, Chincholi Bunder Road, Malad (W), Mumbai-400064, Maharashtra. The company specializes in manufacturing pigments and trading chemicals and food colours. Notably, the pigments produced by Unilex have versatile applications across various industries, including plastics, rubber, textiles, paper, printing inks, paints, and coatings. Under the brand name “UNILEX,” the company caters to both national and international markets, offering an extensive range of pigment solutions tailored to diverse industrial needs.
The manufacturing facility is situated at MIDC – Tarapur, Palghar, Maharashtra, covering approximately 1,275 square meters. Furthermore, It is equipped with advanced machinery such as Ball Mill Machines, Root Blowers, Silos, Reaction Steel Vessels, Brick Lined Vessels, Rubber Lined Vessels, Drowning Vessels, Spin Flash Dryers, Ribbon Blenders, Air Classifier Mill Machines, Air Blenders, and Filter Press Machines. Furthermore, This array of equipment enables the company to stay at the forefront of technology and industry trends, thanks to the efforts of its passionate engineers.
Moreover, Unilex has established a robust export network, delivering products to countries including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Spain, Malaysia, Thailand, the United Arab Emirates, and Uzbekistan. By fostering long-term relationships with various corporations, the company has successfully expanded its product offerings, processes, and geographic reach. Its customer base spans multiple industries, including plastics, rubber, textiles, paper, printing inks, and paints & coatings.
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We recommend that investors consider applying for the IPO with a long-term perspective. Moreover, it is essential for investors to review the QIB, NII, and retail numbers before making an investment.
Unilex Colours and Chemicals IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.00 | 3.64 | 15.58 |
| NII | 2.73 | 3.42 | 60.58 |
| RII | 1.58 | 7.09 | 34.16 |
| Total | 1.38 | 5.32 | 34.52 |
Unilex Colours and Chemicals IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
IPOGMP.IN Review for Unilex Colours and Chemicals
- May Apply
Unilex Colours and Chemicals IPO Form
To apply for the Unilex Colours and Chemicals IPO, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
Moreover, The IPO subscription begins on September 25, 2024, for QIB, NII, and Retail Investors.
Additionally, You can easily subscribe via ASBA or non-ASBA options by applying online through your bank or by submitting a downloaded form to your broker.
To stay updated, visit our portal for hourly updates, or check the official IPO page on relevant websites.
Firstly, log into Zerodha, then go to Portfolio, select IPO, and choose “Unilex Colours and Chemicals.” After entering your details, submit the application and approve the mandate in your UPI app.
Simply log into Upstox, select the IPO, confirm your application, and then approve the mandate via your UPI app.
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