
Dain Colour Chem IPO
DAIN
Last updated on 08/11/2026 | 07:00 IST
Dain Colour Chem IPO is heading to the Indian primary market, following the company's submission of its Draft Red Herring Prospectus (DRHP) to SEBI. The issue will be managed by Horizon Management Pvt.Ltd. as the book-running lead managers, while Maheshwari Datamatics Pvt.Ltd. acts as the registrar. While the official IPO dates, price band, and lot size are yet to be finalized, investors can review the initial Dain Colour Chem IPO DRHP for comprehensive details.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Dain Colour Chem IPO Dates & Details
Open Date
To be announced
Close Date
To be announced
Allotment Date
To be announced
Refund Date
To be announced
Listing Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
IPO Document
Dain Colour Chem IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 15,50,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 4,65,000 crores |
| Retail Individual Investors (RIIs) | 35% | 10,85,000 crores |
About Dain Colour Chem Ltd IPO
Dain Colour Chem Limited is an integrated manufacturer of synthetic food colours and specialty colour solutions, with its Promoters having over a decade of experience in the colour manufacturing industry. It has a diversified portfolio that covers synthetic food colours, natural food colours, lake colours, blended colours, pharmaceutical colours and cosmetic colours, serving customers across the food and beverage, pharmaceutical, cosmetic, personal care, feed and other industries.
The Company operates an integrated manufacturing facility in Gandhinagar, Gujarat, spread across approximately 96,000 sq. ft., where manufacturing, formulation, blending, quality control, packaging and dispatch activities are carried out. As of Fiscal 2026, the facility had an installed production capacity of 1,800 MTPA for synthetic food colours, with a capacity utilisation of 84.05%.
The Company primarily operates on a business-to-business model and supplies its products to manufacturers, traders and distributors in domestic and international markets. In addition to standard colour products, it undertakes customised blends and shade-matching solutions based on customer requirements. The Company exports its products to countries including Vietnam, Thailand, Uganda, Nepal, China, Uzbekistan, Ukraine, Turkey and Senegal.
The Company was originally established as a partnership firm under the name “Dain Colour Chem” and was subsequently succeeded by Dain Colour Chem Limited, incorporated as a public limited company in January 2023. The experience of its Promoters has supported the expansion of its product portfolio from conventional synthetic food colours to value-added specialty colour solutions.
As of June 30, 2026, the Company employed 29 permanent employees and 62 contractual personnel across its production, quality, product development, sales, finance and administrative functions.
Dain Colour Chem IPO Strengths & Weaknesses
Offers a diversified product portfolio
Provides customised colour formulations and shade-matching solutions based on customer requirements relating to colour shade, intensity, stability and application.
Serves distributors, traders and industrial customers across domestic and international markets, with exports to multiple countries.
Operates an approximately 96,000 sq. ft. integrated facility in Kalol, Gujarat, supporting formulation, blending, quality testing, packaging and dispatch operations.
Dependence on certain suppliers for key raw materials exposes the Company to supply disruptions that could adversely affect manufacturing operations and business performance.
A significant portion of revenue is derived from a limited number of customers, and the loss of any major customer could adversely affect the Company’s revenues, profitability and cash flows.
The Company’s rapid historical growth in revenue and profitability may not be sustained in future periods, which could adversely affect its financial performance.
Failure to effectively manage the increasing scale and complexity of operations as the Company grows could adversely affect its business, brand and financial performance.
Dain Colour Chem IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 31,00,000 shares (aggregating up to To be announced) |
| Fresh Issue | 3,10,000 shares (aggregating up to ₹31,00,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Dain Colour Chem IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Dain Colour Chem ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Dain Colour Chem IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Dain Colour Chem IPO Contact & Registrar Details
Contact Details
Address
Plot No. 5, Neelkanth Industrial Estate B/H Gayatri Dairy Vill Dhanot Gandhinagar
Phone Number
Website
Registrar Details
Registrar Name
Maheshwari Datamatics Pvt.Ltd.
Phone Number
Website
Dain Colour Chem Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Horizon Management Pvt.Ltd. |


