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Shlokka Dyes IPO
Price Band
₹88.0–91.0
Issue Size
₹57.79 Cr
Lot Size
1,200 shares
Min Investment
₹218,400
2 LOTS MIN
GMP
—
Issue Price
₹91.0
Shlokka Dyes IPO AI Summary
- Shlokka Dyes IPO is listed on BSE SME in the Specialty Chemicals sector.
- Price band: ₹88.0–₹91.0 per share, lot size 1,200 shares (min. investment ₹218,400, 2 lots minimum).
- Subscription window: 30 Sep–14 Oct 2025, listing on 17 Oct 2025.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Shlokka Dyes IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 14 Oct 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Shlokka Dyes IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in 2021, Shlokka Dyes Limited is engaged in the manufacturing of reactive dyes and pigments, specializing in synthetic organic dyes used extensively in the textile industry, available in basic forms or concentrates. The company offers a wide range of dyes, including reactive, direct, basic, and digital printing dyes, serving industries like textiles, leather, and paper with superior quality and versatile applications. The company uses stringent quality control through an in-house lab, conducting tests like HPLC, shade matching, fastness, stability, and compatibility checks to ensure products meet customer requirements and quality standards. The company's manufacturing facility in Gujarat, covering 5000 sq. meters with a 5731.81 sq. meter factory, holds ISO certifications and has an annual capacity of 9000 MT, ensuring high-quality production. Product Portfolio: M-X Dyes H&P Dyes HE Dyes VE Dyes RR Dyes Competitive Strengths: Quality Assurance Experienced Promoters with sound market knowledge An integrated production process Locational Advantage Cordial relations with Customers. The Company is committed to High-Quality, Versatile Products with International Certifications.
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 91.58 | 67.19 | 38.77 |
| Total Income | 103.45 | 61.69 | 8.80 |
| Profit After Tax | 10.01 | 4.92 | 0.60 |
| EBITDA | 18.68 | 12.81 | 1.61 |
| NET Worth | 27.19 | 17.57 | 8.59 |
| Reserves and Surplus | 12.20 | 17.63 | 8.69 |
| Total Borrowing | 27.92 | 28.79 | 19.79 |
Key Ratios
EPS
₹6.65
NAV
₹18.06
ROE
36.82%
ROCE
36.14%
RoNW
36.73%
P/B Value
5.04
P/E Ratio
13.69
Market Cap
₹194.82 Cr
PAT Margin
9.68%
Debt/Equity
1.02
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Ishan Dyes and Chemicals | 49.54 | 1.06% | 115.87 | 0.52 | 0.52 |
| Vipul Organics | 48.22 | 7.24% | 75.65 | 2.71 | 2.71 |
| Deepak Chemtex | 49.27 | 18.81% | 14.77 | 9.27 | 9.27 |
| Shlokka Dyes This IPO | 18.06 | 36.73% | — | 3696.59 | 3696.59 |
Promoters
Vaibhav Shah and Shivani Rajpurohit
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure for plant and machineries 6.13 2 Repayment of Debt 11.50 3 Working Capital 28.00 4 General Corporate Purposes 6.77 5 Issue expenses 5.39 Total 57.79
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income increased from ₹8.80 Cr in the period ending 31 Mar 2023 to ₹61.69 Cr by 31 Mar 2024, and further rose to ₹103.45 Cr by 31 Mar 2025. This shows a significant growth trajectory over the reported periods.
Profit Trend
Profit After Tax grew from ₹0.60 Cr in the period ending 31 Mar 2023 to ₹4.92 Cr by 31 Mar 2024, and then further increased to ₹10.01 Cr by 31 Mar 2025. This consistent rise indicates improving profitability over the periods.
Valuation
At the issue price of ₹91.0, Shlokka Dyes has an implied P/E ratio of 13.69, compared to peers trading at P/E ratios ranging from 14.77 to 115.87.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the demand for an IPO before it is listed on the stock exchange. It reflects the price at which shares are being traded in the grey market, which can provide insights into potential listing gains.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy, considering factors such as market conditions and individual risk tolerance.
Who May Want to Wait
Investors who prefer stable, low-risk investments or those who are not comfortable with the inherent risks associated with new IPOs may want to avoid this offering.
IPO Timeline, Explained
The IPO opens for subscription on 30 September 2025 and closes on 14 October 2025. Allotment of shares will be done on 15 October 2025, with the listing date set for 17 October 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when the shares of a company are listed on the stock exchange at a price higher than the issue price. However, these gains are not guaranteed, and investors should be aware of the risks involved, including market volatility and changes in investor sentiment.
This evaluation is generated from Shlokka Dyes's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Shlokka Dyes IPO?
The price band of Shlokka Dyes IPO is ₹88.0–₹91.0 per share.
When does Shlokka Dyes IPO open and close?
Shlokka Dyes IPO opens on 30 September 2025 and closes on 14 October 2025.
When does Shlokka Dyes IPO list on the stock exchange?
Shlokka Dyes IPO listed on 17 October 2025 at ₹91.0.
What is the lot size for Shlokka Dyes IPO?
The lot size for Shlokka Dyes IPO is 1200 shares, requiring a minimum investment of ₹218,400 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹88.0 to ₹91.0.
What is the lot size for this IPO?
The lot size for this IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹218,400.
When is the listing date for the IPO?
The listing date for the IPO is 17 October 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the demand for the IPO shares in the unofficial market before listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
30 Sep 2025
Close
14 Oct 2025
Allotment
15 Oct 2025
Listing
17 Oct 2025
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