Updated Dec 24, 2020 | 13:25 IST
The company mainly caters to the agrochemical, personal care and pharmaceutical sectors, which accounted for over 95 per cent of its revenues in 2019-20.
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New Delhi: Specialty chemical company Anupam Rasayan has filed preliminary papers with markets regulator Sebi to raise Rs 760 crore through an initial public offering.
Proceeds of the issue would be used mainly for repayment of debt, the company said in the draft red herring prospectus (DRHP).
Surat-based company has decided to reserve a portion for its employees and may consider a discount for eligible staff.
Anupam Rasayan commenced operations in 1984 with conventional products and now it makes speciality chemicals that involve multi-step synthesis and complex chemistries.