As of September 2025, 69.30% is owned by Indian Promoters and 30.70% by Public.

Top four Promoters holding highest number of shares of Mehul Colours company are Mehul Pravinchandra Joshi (66.54 lakhs shares / 63.07%), Bhakti Mehul Joshi (6.50 lakhs shares / 6.16%), Usha Pravinchandra Joshi (5058 shares / 0.05%) and Pravinchandra Girdharlal Joshi (1858 shares / 0.02%).