Shlokka Dyes Limited successfully completed its Initial Public Offer (IPO), raising ₹5,778.86 lakhs and listing its equity shares on the SME Platform of BSE Limited on October 17, 2025. This marks a significant milestone, strengthening the company’s capital structure, with its net worth increasing from ₹2,724.03 lakhs to ₹8,536.37 lakhs. The company cited factors like raw material cost volatility and subdued textile demand for a dip in profit after tax, but expects improvement with strategic measures and recent acquisitions.
IPO Success and BSE Listing
Shlokka Dyes Limited has successfully concluded its Initial Public Offer (IPO), raising a total of ₹5,778.86 lakhs. The company’s equity shares were subsequently listed and commenced trading on the SME Platform of BSE Limited on October 17, 2025. This IPO involved the issuance of 63,50,400 equity shares at an issue price of ₹91 per share.
Financial Performance Highlights
The company reported a total income of ₹8,289.81 lakhs for the financial year ended March 31, 2026, a decrease from the previous year’s ₹10,345.46 lakhs. Profit after tax stood at ₹495.96 lakhs, down from ₹1,004.20 lakhs in the prior year. The decrease in profit is attributed to factors including volatility in raw material and freight costs, subdued textile sector demand, and restricted working-capital deployment.
Strengthened Capital Structure
A notable outcome of the IPO and retained earnings is the significant strengthening of the company’s capital structure. The net worth increased from ₹2,724.03 lakhs to ₹8,536.37 lakhs, and the debt-equity ratio improved from 1.02 to 0.31.
Strategic Outlook
Despite the recent financial performance challenges, Shlokka Dyes Limited anticipates improvement in its operating metrics. The company plans to implement corrective measures and leverage the recent acquisition of M/s. Equinox Impex’s business undertaking to enhance capacity utilization and expand its export footprint.
Source: BSE
