Shlokka Dyes Limited Launches IPO for Expansion in Gujarat's Dye Industry

Shlokka Dyes Limited, a leading manufacturer of Reactive Dyes based in Bharuch, Gujarat, has launched an IPO on the BSE SME platform. The IPO aims to raise funds for capital expenses, debt repayment, and working capital. Operating from a certified facility, the company focuses on producing high-quality dyes for diverse industries.

Bharuch, Gujarat, October 2: Shlokka Dyes Limited, a prominent Gujarat-based manufacturer specializing in Reactive Dyes, has initiated an Initial Public Offering (IPO) on the BSE SME platform. The move is aimed at raising funds for capital expenditure, debt repayment, working capital, and general corporate objectives.

Incorporated in 2021, the company has swiftly established itself as a key player in the dye manufacturing sector. It produces an array of synthetic organic dyes essential for the textile industry, including Direct, Basic, Vat, and Digital Printing Dyes. These dyes serve a wide range of applications across textiles, leather, paper, and paints, supported by internationally recognized quality standards.

Boasting an ISO-certified facility in Bharuch with a 9,000 metric ton annual capacity, Shlokka Dyes ensures superior product quality through rigorous lab testing. Investors can apply for the IPO until October 6, 2025, with the issue managed by Interactive Financial Services Limited. The company seeks to raise Rs. 63.50 crore by issuing 63,50,400 shares at Rs. 95-100 per share.