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Technopaints Files ₹500 Crore IPO Draft With Growth Plans

Technopaints Files ₹500 Crore IPO Draft With Growth Plans
Technopaints And Chemicals Submits DRHP For Proposed IPO, Plans To Raise As Much As ₹500 Crore · freepressjournal.in

Technopaints wants to sell shares to the public.

It could raise as much as ₹500 crore.

Some money will come from new shares issued by the company.

The rest will come from existing shareholders selling their shares.

The company plans to build a new paints facility and support its daily operations.

It makes and applies paints for many types of buildings.

Most of its project revenue comes from Telangana, and many sales come from its biggest customers.

Investors will need to consider these risks before deciding whether to buy the shares.

Key facts

Proposed IPO size
Up to ₹500 crore
Fresh issue
₹325 crore
Offer for sale
₹175 crore
Manufacturing facility allocation
₹149 crore
Working capital allocation
₹79.99 crore
FY26 revenue and profit
₹351 crore revenue and ₹37.78 crore net profit
Order book
₹995 crore as of July 31

Sources

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