Unilex Colours and Chemicals Limited
Bookbuilding IPO · NSE
- Price band
- ₹82 - ₹87
- Lot size
- 1,600 shares
- Issue amount
- ₹31.32 cr
- Total subscription
- 37.55×
- Opens
- 25 Sept 2024
- Closes
- 27 Sept 2024
- Allotment
- 30 Sept 2024
- Listing
- 3 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 36,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,31,200
- Fresh issue
- ₹31.32 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,39,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,00,17,000
- Shares after issue
- 1,36,17,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,39,200 |
| HNI | 2 | 3,200 | ₹2,78,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.93 | 0 |
| RETAIL | 10.38 | 0 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 6.16 | 4.96 | 4.7 |
| ROE | 17.9 | 16.54 | 17.98 |
| ROCE | 6.32 | 4.95 | 27.64 |
| RONW | 16.73 | 15.52 | 16.79 |
| PRE IPO(PE) | 14.13 | 0 | 0 |
| POST IPO(PE) | 19.21 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in October 2021, Nexxus Petro Industries Limited is engaged in the trading, manufacturing, and sale of petrochemical products, primarily bitumen and bitumen emulsions used in infrastructure and road construction projects. The company serves government departments and road authorities, and holds BIS and ISO certifications, reflecting its focus on quality and compliance. With three manufacturing units in Kutch (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh), recent capacity upgrades have improved efficiency and product consistency, leading to stronger customer satisfaction. As of September 2024, Nexxus Petro operates with a lean team of 17 permanent employees.
Strengths
- Trusted by Customers: Afcons has built strong, long-term relationships with clients worldwide, ensuring steady demand and continued growth.
- Wide Product Range: With a variety of pigments, chemicals, and food colors, the company can cater to different market needs with flexibility.
- Serving Multiple Industries: By working across various sectors, the company stays resilient and avoids reliance on a single industry.
Risk factors
- Heavy Reliance on Key Products: A large share of revenue comes from the top five products, so any drop in demand or loss of major customers could affect the company’s earnings.
- Third-Party Supplier Dependence: The company relies on external vendors for supplies without long-term contracts. This could lead to delays or disruptions, impacting profits and reputation.
- Manufacturing Challenges: Any slowdown, shutdown, or labor issues at manufacturing facilities could disrupt operations and affect financial performance.
Promoters
Purushottam Brijlal Sharma
Narendra Parameswarappa Kotehall
Aditya Sharma
Manojkumar Shyamsunder Sharma
Rohit Krishnakumar Sharma
Kabir Radheyshyam Sharma
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
106-107, Advent Atria, Chincholi Bunder Road, Malad (W) Mumbai-400064
+91-22-28886235
[email protected]Company website ↗Understanding UNILEX IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.