Published : 4 Jan 2023

Open Date

09 Jan 2023

11 Jan 2023


₹ 31.51 Cr

Close Date

Lot Size

IPO Size

Listing At


Listing Date

19 Jan 2023

Price Range

₹ 78 per share 

Ducol Organics and colours offers a range of pigment dispersions for various industries. The company is primarily engaged in the business of manufacturing and selling of pigment dispersions, preparations, etc. It has three (3) manufacturing units situated near Mumbai out of which two (2) are situated at Taloja MIDC and the third is situated at Mahad MIDC which is s in process of getting established with trials currently being conducted.  

The IPO comprises of fresh issuance of 4,040,000 shares aggregating to Rs. 35.51 crores. 

The net proceeds from the issue will be used for: ​ ∙Funding working capital requirements of the company ∙General corporate purposes 

The Ducol Organics and Colours Solutions IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹124,800).

The Ducol Organics and Colours IPO allotment date is set for 16th January 

Ducol Organics and Colours is promoted by Aamer Ahmed Farid and Hani Ahmed Farid. 

First Overseas Capital is the book running lead managers to the issue.