Unilex Colours and Chemicals Ltd's IPO of 36,00,000 shares (INR 31.21 cr) aims to meet working capital needs, repay borrowings, and fund general corporate purposes.
Open Date : September 25, 2024 Close Date : September 27, 2024 Allotment Date: September 30, 2024 Listing Date: October 3, 2024
IPO Price: INR 82-87 per share Lot Size: 1600 Shares Total Issue Size: INR 31.32 crores
Unilex Colours and Chemicals IPO shows mixed performance: 1. Decreased revenue. 2. Improved profitability & EPS. 3. Increased reliance on debt. 4. Lower liquidity raises concerns. 5. Reduced RoNW, Slower inventory turnover.
Unilex Colours and Chemicals Ltd:Strong EPS and RoNW vs. Kesar Petroproducts. Sudarshan Chemical Industries:Dominates in revenue, profitability, and market valuation.
Main objective of Unilex Colours and Chemicals Ltd: 1. Meet working capital requirements. 2. Repay a portion of borrowings.
Unilex Colours IPO Risks: 1. Dependence on top products for revenue. 2. Reliance on third-party vendors. 3. Operational challenges from single facility management. 4. Impact on financial performance and customer relationships.