Shlokka Dyes IPO Subscription Climbs To 0.32x On Final Day

Ahmedabad, October 9, 2025: Shlokka Dyes Ltd.’s initial public offering (IPO) witnessed moderate investor interest on the final day of subscription, with the issue subscribed 0.34 times as of 1:00 p.m. Retail participation was strong, complemented by steady demand from institutional investors.

Established in 2021, Shlokka Dyes Limited IPO manufactures reactive and synthetic dyes used in textiles, leather, paper, and paints. The Gujarat-based company operates a 9,000 MT-per-annum ISO-accredited plant and plans to utilise the IPO proceeds for capital expenditure, debt repayment, and working capital requirements.

Shlokka Dyes IPO Status Of Subscription Across Categories

According to BSE data, 20.78 lakh shares changed hands, representing 34.3% of the total issue size of 60.26 lakh shares. The Qualified Institutional Buyer (QIB) portion was fully subscribed, at 1.02 times the allotted amount, while the Non-Institutional Investor (NII) segment was subscribed at 0.26 times. Retail investors under-subscribed, covering 0.27 times their quota, reflecting a cautious level of interest in the offering.

Shlokka Dyes IPO Investor Sentiment And Bid Trends

Most bids were concentrated near the lower end of the ₹90–₹95 price band, indicating investor caution over the valuation. Institutional participation was limited, primarily from a single FII, while HNIs and retail investors gradually increased their interest toward the latter part of the issue period.

Shlokka Dyes IPO Structure And Timeline

The ₹60‑crore IPO comprised shares with a lot size of 1,200, amounting to ₹50,000 per lot. The issue opened on 30 September and closes today, 9 October. Share allocation is expected on 10 October, with listing scheduled for 14 October on the NSE SME platform. Interactive Financial Services Ltd. is the lead manager, and Bigshare Services Pvt. Ltd. is the registrar.

While overall subscription was modest, steady institutional support and the company’s niche market focus could boost post-listing performance, provided investor confidence strengthens following allotment and debut next week.

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