Unilex Colours and Chemicals IPO

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.

Important Details

Open Date : September 25, 2024 Close Date : September 27, 2024 Allotment Date: September 30, 2024 Listing Date: October 3, 2024

Important Details

IPO Price: INR 82-87 per share Lot Size: 1600 Shares Total Issue Size: INR 31.32 crores

Fundamental Analysis

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.

Peer Comparison

Unilex Colours and Chemicals Ltd:Strong EPS and RoNW vs. Kesar Petroproducts. Sudarshan Chemical Industries:Dominates in revenue, profitability, and market valuation.

Objective

Main objective of Unilex Colours and Chemicals Ltd: 1. Meet working capital requirements. 2. Repay a portion of borrowings.

Risks And Challenges

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.