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SHLOKKA
LISTEDInvestors can bid for minimum 1200 shares (2 lots min for Individual) and in multiples. The table shows min-max investment by Individual and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
Individual(min) | 2 | 2,400 | ₹2.18L |
Individual(max) | 2 | 2,400 | ₹2.18L |
SHNI(min) | 3 | 3,600 | ₹3.28L |
SHNI(max) | 9 | 10,800 | ₹9.83L |
BHNI(min) | 10 | 12,000 | ₹10.92L |
Note: Lot size is 1200 shares at ₹91/share (₹₹1.09L/lot). SME: 2 lots minimum. Limits: Individual ₹0-₹2L, sHNI ₹2L-₹10L, bHNI >₹10L.
Shlokka Dyes Limited is a company engaged in the manufacturing of reactive dyes used primarily in the textile industry. It offers a variety of dyes, including Direct Dyes, Basic Dyes, Vat Dyes, and others catering to textile, leather, paper, and paint industries. The company is relatively new, incorporated in 2021, and seeks to raise funds via its IPO listed on the BSE SME platform.
Given the very weak subscription, lack of grey market premium, high valuation premium, and limited operational history, the IPO appears risky with limited upside potential. The small size and SME listing further add liquidity and volatility concerns. Applying only for listing gains is unlikely to benefit investors as GMP is zero. Hence, it's prudent to avoid applying for this IPO unless the valuation improves significantly or market sentiment turns strongly positive.
Analyst Notes: Automated research generated via Perplexity AI