Shlokka Dyes IPO Opens September 30: Key Details, Financials, Strengths and Risks

New Delhi, September 29, 2025 – Shlokka Dyes Limited (NSE SME: SHLOKKA) will open its initial public offering (IPO) on September 30, 2025, with subscriptions closing on October 6, 2025. The Gujarat-based synthetic dyes producer has set a price band of ₹95-₹100 per share, with a minimum lot size of 1,200 shares, with an investment of ₹1.20 lakh. The company will issue 63,50,400 face value of ₹10 each equity shares. Bigshare Services Pvt Ltd is the registrar, and Interactive Financial Services Ltd is the lead manager. Shares are likely to get listed on October 9, 2025.

Shlokka Dyes was established as a registered company in 2021 and subsequently transformed into a public company in 2024. It manufactures reactive and synthetic dyes used in textiles, leather, paper, and paints. The firm has an annual installed capital of 9,000 MT in one of its ISO-certified plants in Gujarat, as well as laboratory testing facilities. The company is being propelled by promoters Vaibhav Shah and Shivani Rajpurohit, who focus on creating bespoke solutions and maximizing export markets.

Shlokka Dyes IPO Financial Highlights

The business has exhibited consistent expansion. Revenue rose from ₹8,932.4 lakh in FY23 to ₹11,528.6 lakh in FY24 and ₹9,756.3 lakh over the nine months of FY25. Net profit improved 34.5 percent year-over-year to ₹998.7 lakh in FY24, and the nine-month FY25 profit was ₹851.2 lakh. Net worth has also consistently increased, reaching ₹5,072.3 lakh.

Shlokka Dyes IPO Strengths and Risks

Shlokka Dyes benefits from a diverse portfolio, strong promoter expertise, ISO-certified operations, and expanding exports. However, raw material price volatility, high working capital requirements, regulatory challenges, SME listing-related liquidity risks, and reliance on a single facility continue to be key concerns.

Outlook

Shlokka Dyes IPO from Shlokka Dyes enables investment in an expanding specialty dyes manufacturer with strong financial performance and the opportunity to export its products. Although there are risks associated with raw materials and compliance, Shlokka’s business position and history of profitability lend support to an optimistic outlook over the medium term.

REF: https://www.bseindia.com/corporates/download/312526/FinaL_DRHP_20250425131802.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations