IPO Details

About Company

Incorporated in March 2001, Unilex Colours and Chemicals Limited specializes in manufacturing pigments, trading chemicals, and producing food colors. Operating under the registered brand name “Unilex,” the company serves both domestic and international markets with a diverse range of pigment solutions across various industries. The manufacturing facility in Palghar, Maharashtra, covers 1,275 square meters and is equipped with a variety of machines, including Ball Mills, Root Blowers, Silo, Reaction Steel Vessels, Brick and Rubber Lined Vessels, Drying Vessels, Spin Flash Dryers, Ribbon Blenders, Air Classifier Mills, Air Blenders, and Filter Presses. This facility holds ISO 9001:2015 certification for quality management in the production of pigments, food dyes, and drug intermediates. For fiscal years 2024, 2023, and 2022, the company’s manufacturing revenue was ₹6,652.17 lakhs, ₹7,455.21 lakhs, and ₹8,487.51 lakhs, respectively, making up 46.24%, 53.48%, and 58.42% of total revenue in those years. Unilex's product portfolio includes various pigments such as Pigment Green 7, Pigment Middle Chrome, Pigment Violet 23 & 27, and Ultramarine Blue, which are sourced from third-party manufacturers to meet client specifications. The company's products are exported to several countries, including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Spain, Malaysia, Thailand, the United Arab Emirates, and Uzbekistan. In addition, Unilex offers a range of packaging solutions, including multi-layer paper bags, corrugated boxes, HDPE and HDPE-coated bags, multi-layer liners, HM covers, wooden pallets, and jumbo bags. As of March 31, 2024, the company boasts a product portfolio of over 100 items and employs 54 personnel at its manufacturing unit, along with 25 contract laborers.