Ushanti Colour Chem Ltd is going to launch the IPO on July 25 to raise around 11 Crore and the price band is fixed 57-60 per equity share.

Let’s have a look at Full IPO Detail:

IPO Date: July 23 – July 25

IPO Size: INR 11.56 Crore

Price Band: INR 57 – 60 per equity share

Total Shares: 1,926,000

Face Value: INR 10 per equity share

Minimum Lot Size: 2000 shares

Listing At: NSE SME

Maunal Gandhi and Minku Gandhi are the Promoters of the company and Pantomath Capital Advisors Pvt. Ltd. is an IPO lead manager.

About Ushanti Color Chem Limited:

Incorporated in 1993, Ushanti Colour Chem Limited is a Gujarat based manufacturer and trader of reactive and direct dyestuffs. The company provides its products to various industries like textile, cotton, garment, nylon, leather, in, wood, paper, paint and plastic industries.