Initial public offer of upto 30,08,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Mehul Colthes Limited ("the Company" or "MCL" or "the Issuer") at an issue price of Rs. 72 per equity share for cash, aggregating up to Rs. 21.66 crores ("Public Issue") out of which 1,52,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 72 per equity share for cash, aggregating Rs. 1.09 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 28,56,000 equity shares of face value of Rs. 10/- each, at an issue price of
Rs. 54 per equity share for cash, aggregating upto Rs. 20.57 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 28.51 % and 27.07 % respectively of the post-issue paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
30-Jul-2025
01-Aug-2025
₹ 72.00
₹ 0.00
Minimum Application for shares in Nos : 3200.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
21.66
Seren Capital Pvt Ltd
Project Financed through Current Offer
21.66
Post Issue Equity Share Capital
10.55
Issue Price
₹72.00
Projects
Funding of capital expenditure towards setup of a new manufacturing facility