Mehul Colours Ltd

Issue
Opens On Closes On
30-Jul-25 01-Aug-25
Money Payable On
Application Allotment
72.00 0.00

Minimum Application for shares in Nos : 3200 Further Multiples of : 1600

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 Seren Capital Pvt Ltd
Project Financed through Current Offer (₹.Cr) 21.66  
Post Issue Equity Share Capital (₹.Cr) 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
Initial public offer of upto 30,08,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Mehul Colthes Limited ("the Company" or "MCL" or "the Issuer") at an issue price of Rs. 72 per equity share for cash, aggregating up to Rs. 21.66 crores ("Public Issue") out of which 1,52,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 72 per equity share for cash, aggregating Rs. 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 Rs. 10/- each, at an issue price of Rs. 54 per equity share for cash, aggregating upto Rs. 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.