Shlokka Dyes Ltd. is set to launch its Initial Public Offering (IPO) on the BSE SME platform. Here are the key details:

📅 IPO Timeline

• Issue Open Date: September 30, 2025
• Issue Close Date: October 6, 2025
• Allotment Date: October 7, 2025
• Initiation of Refunds: October 8, 2025
• Credit of Shares: October 8, 2025
• Listing Date: October 9, 2025

💰 Financials

• Price Band: ₹95 – ₹100 per share
• Face Value: ₹10 per share
• Lot Size: 1,200 shares
• Minimum Investment: ₹120,000 (for 2 lots)
• Issue Size: ₹63.50 crore (Fresh Issue)
• Total Shares Offered: 6,350,400
• Retail Portion: 3,796,800 shares (59.79%)
• Market Maker Portion: 324,000 shares (5.10%)
• Non-Institutional Investors: 1,626,000 shares (25.60%)
• Qualified Institutional Buyers: 603,600 shares (9.50%)

📈 Financial Performance (₹ in Crores)

FY	Revenue	Profit After Tax (PAT)
FY 2025	103.45	10.01
FY 2024	61.69	4.92
FY 2023	8.80	0.60

🏢 Company Overview

Established in 2021, Shlokka Dyes Ltd. operates in the dyes and pigments sector, offering a range of products to various industries.

📊 Key Ratios

• Return on Equity (ROE): 36.82%
• Return on Capital Employed (ROCE): 36.14%
• Debt-to-Equity Ratio: 1.02
• Price-to-Earnings (P/E) Ratio (Post-IPO): 21.38
• Price-to-Book Value (P/BV): 5.54

✅ Strengths

1. Strong Financial Performance: The company has demonstrated significant growth in revenue and profitability over recent years. For instance, in FY 2025, Shlokka Dyes reported a revenue of ₹103.45 crore and a Profit After Tax (PAT) of ₹10.01 crore, reflecting a substantial increase from ₹61.69 crore in revenue and ₹4.92 crore in PAT in FY 2024.
2. High Return Ratios: The company exhibits impressive return ratios, including a Return on Equity (ROE) of 36.73% and a Return on Capital Employed (ROCE) of 36.14%, indicating efficient utilization of capital.
3. Experienced Promoters: Shlokka Dyes is led by experienced promoters, Vaibhav Shah and Shivani Rajpurohit, who bring valuable industry knowledge and leadership to the company.
4. Integrated Manufacturing Process: The company boasts an integrated production process, enhancing control over quality and operational efficiency.
5. Product Diversification: Shlokka Dyes offers a wide range of dyes, including reactive, direct, basic, and digital printing dyes, catering to various industries such as textiles, leather, and paper.

⚠️ Weaknesses

1. Limited Operating History: Established in 2021, Shlokka Dyes has a relatively short operating history, which may pose challenges in establishing long-term market credibility.
2. Regulatory Compliance Risks: The company’s manufacturing units are subject to inspections by the Gujarat Pollution Control Board (GPCB), and any non-compliance could impact operations.
3. Dependence on Capital Expenditure: The company’s growth plans involve significant capital expenditure for purchasing equipment and machinery. Delays or issues in procurement could affect expansion timelines.
4. Debt Levels: With a Debt-to-Equity ratio of 1.02, the company carries a moderate level of debt, which could impact financial stability and flexibility.
5. No Dividend History: Shlokka Dyes has not declared any dividends in the past, which may be a consideration for income-focused investors.

Shlokka Dyes Ltd. IPO FAQs

1. What is the issue size of Shlokka Dyes Ltd. IPO?

The IPO is a fresh issue of ₹63.50 crore, offering 6,350,400 shares.

2. What is the price band of the IPO?

The price band is ₹95 – ₹100 per share.

3. What is the lot size and minimum investment?

• Lot Size: 1,200 shares
• Minimum Investment: ₹120,000 (for 2 lots)

4. What is the IPO opening and closing date?

• Opening Date: September 30, 2025
• Closing Date: October 6, 2025

5. What is the tentative listing date?

The IPO is expected to list on October 9, 2025.

6. How many shares are reserved for retail investors?

Retail investors are allocated 3,796,800 shares (≈59.79%).

7. Who are the promoters of Shlokka Dyes Ltd.?

The promoters are Vaibhav Shah and Shivani Rajpurohit.