Shlokka Dyes IPO will open for subscription on September 30, 2025, and close on October 14, 2025. The company plans to raise about ₹63.50 crore through this Book Built Issue, which includes a fresh issue of ₹63.50 crore with shares carrying a face value of ₹10 each. The IPO price band is set between ₹95 and ₹100 per share.
The issue will list on the BSE SME platform on October 17, 2025. The basis of allotment will be finalized on October 15, 2025, while refunds and demat credit are expected on October 16, 2025. The bidding cut-off time on the last day is 5 PM.
Retail investors are offered 35% of the issue, QIBs 50%, and HNIs 15%.
Contents
Shlokka Dyes IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 30, 2025 |
| IPO Close Date | October 14, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Issue Size | ₹63.50 crore |
| Fresh Issue | ₹63.50 crore |
| Issue Type | Book Built Issue |
| Listing | BSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Also Read:
Shlokka Dyes IPO Lot Size and Investment
The minimum lot size for the IPO is 2,400 shares. Retail investors can apply for one lot worth ₹2,40,000.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,40,000 |
| Retail Maximum | 2 | 2,400 | ₹2,40,000 |
| S-HNI Minimum | 3 | 3,600 | ₹3,60,000 |
| S-HNI Maximum | 8 | 9,600 | ₹9,60,000 |
| B-HNI Minimum | 9 | 10,800 | ₹10,80,000 |
Shlokka Dyes IPO
Open: 30-14 Oct 2025
Issue Size: ₹63.50 Cr.
Objective: Funds for new machinery, paying off some debt, and for the day-to-day working capital.
Exchange: BSE SME
IPO Reservation
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Market Maker | 3,24,000 | 5.10% |
| QIB (Excluding Anchor) | 6,03,600 | 9.50% |
| NII | 16,26,000 | 25.60% |
| Retail | 37,96,800 | 59.79% |
Important Dates
| Event | Date |
|---|---|
| IPO Open Date | September 30, 2025 |
| IPO Close Date | October 14, 2025 |
| Basis of Allotment | October 15, 2025 |
| Refunds Initiation | October 16, 2025 |
| Credit to Demat | October 16, 2025 |
| Listing Date | October 17, 2025 |
About Shlokka Dyes
Shlokka Dyes Private Limited, established in July 2021, manufactures Reactive Dyes a key category of synthetic organic dyes widely used in the textile sector. The company also produces Direct Dyes, Basic Dyes, Vat Dyes, Digital Printing Dyes, and Paper Dyes.
Its product portfolio includes multiple colours such as black, blue, red, orange, and yellow, with several shade variations. The promoters, Vaibhav Shah and Shivani Rajpurohit, have extensive experience in the dye manufacturing industry, which has helped the company grow rapidly in a short span.
Financial Performance
The company has posted impressive financial growth in recent years. Revenue increased from ₹61.69 crore in FY2024 to ₹103.45 crore in FY2025. Net profit also rose from ₹4.92 crore to ₹10.01 crore in the same period.
| Financial Year | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹8.80 crore | ₹7.97 crore | ₹0.60 crore | ₹38.77 crore |
| 2024 | ₹61.69 crore | ₹55.64 crore | ₹4.92 crore | ₹67.19 crore |
| 2025 | ₹103.45 crore | ₹91.44 crore | ₹10.01 crore | ₹91.58 crore |
The steady increase in profit and revenue indicates sound financial management and consistent operational growth.
Shlokka Dyes IPO Valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 36.82% |
| ROCE | 36.14% |
| EBITDA Margin | 18.05% |
| PAT Margin | 9.68% |
| Debt-to-Equity Ratio | 1.02 |
| EPS (Basic) | ₹3696.59 |
| Return on Net Worth (RoNW) | 36.73% |
| NAV | ₹18.06 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW (%) | NAV | Income |
|---|---|---|---|---|---|
| Deepak Chemtex Ltd. | 9.27 | 14.77 | 18.81% | 49.27 | ₹70.50 crore |
| Vipul Organics Ltd. | 2.71 | 75.65 | 7.24% | 48.22 | ₹163.14 crore |
| Ishan Dyes & Chemicals Ltd. | 0.52 | 115.87 | 1.06% | 49.54 | ₹104.47 crore |
Compared to its listed peers, Shlokka Dyes has shown stronger earnings and profitability, giving it a solid position in the market.
| Particulars | Shares | Holding (%) |
|---|---|---|
| Promoter Holding (Pre-Issue) | 1,50,58,148 | 100.00% |
| Promoter Holding (Post-Issue) | 2,14,08,548 | 71.33% |
Utilisation of IPO Proceeds
| Objective | Amount (₹ crore) |
|---|---|
| Capital expenditure for plant and machinery | 6.13 |
| Debt repayment | 11.50 |
| Working capital requirements | 28.00 |
| General corporate purposes | – |
Most of the funds raised will go towards business expansion and reducing debt, which could further strengthen the company’s balance sheet.
Lead Manager and Registrar
Lead Manager: Interactive Financial Services Ltd.
Registrar: Bigshare Services Pvt. Ltd.
Company Contact
Shlokka Dyes Ltd.
Plot No. C/54, GIDC, Saykha, Vagra, Bharuch, Gujarat – 392140
Phone: +91 90334 41760
Email: cs@shlokkadyes.com
Website: www.shlokkadyes.com
How to Apply for Shlokka Dyes IPO
Investors can apply for Shlokka Dyes IPO through the ASBA process via their bank accounts or UPI-enabled brokers. Offline applications can also be submitted by filling a physical IPO form through authorized stockbrokers.
Should You Apply for Shlokka Dyes IPO?
Shlokka Dyes has demonstrated strong financial growth and improved profitability in recent years. With experienced promoters and a focus on expansion, the company appears well-positioned for long-term growth. However, since it’s an SME IPO, investors should be mindful of post-listing price fluctuations.
For long-term investors seeking exposure to the dyes and chemical manufacturing sector, this IPO could be worth considering.
Shlokka Dyes IPO FAQs
u003cstrongu003eWhat is Shlokka Dyes IPO?u003c/strongu003e
Shlokka Dyes IPO is an SME IPO worth ₹63.50 crore, priced at ₹95–₹100 per share. The issue will be listed on the BSE SME platform.
u003cstrongu003eWhen will Shlokka Dyes IPO open and close?u003c/strongu003e
The IPO will open on September 30, 2025, and close on October 14, 2025.
u003cstrongu003eWhat is the Shlokka Dyes IPO issue size?u003c/strongu003e
The company aims to raise ₹63.50 crore through a fresh issue of equity shares.
u003cstrongu003eWhat is the price band of Shlokka Dyes IPO?u003c/strongu003e
The price band is set between ₹95 and ₹100 per equity share.
u003cstrongu003eWhat is the lot size for Shlokka Dyes IPO?u003c/strongu003e
Investors can bid for a minimum of 2,400 shares (₹2,40,000).
u003cstrongu003eWhen is the allotment date for Shlokka Dyes IPO?u003c/strongu003e
The allotment will be finalized on October 15, 2025.
u003cstrongu003eWhen will Shlokka Dyes IPO list?u003c/strongu003e
The IPO will list on BSE SME on October 17, 2025.
u003cstrongu003eHow to apply for Shlokka Dyes IPO?u003c/strongu003e
You can apply online using ASBA via your bank account or UPI through stockbrokers. Offline applications are also accepted via physical forms.
u003cstrongu003eWhat portion is reserved for retail investors?u003c/strongu003e
Retail investors have a 35% reservation in the issue.
u003cstrongu003eIs Shlokka Dyes IPO good for investment?u003c/strongu003e
Based on financial performance and industry outlook, the IPO looks promising for long-term investors.
Expert Comment
Shlokka Dyes IPO stands out for its strong fundamentals, growth trajectory, and efficient use of capital. The company’s financials show consistent improvement, making it an appealing option for investors with a long-term horizon.
Final Verdict: Consider applying for long-term gains if you can handle short-term SME market volatility.
