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. Representational image
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.
Indian agrochemicals maker Anupam Rasayan looks to raise $103m from IPO Premium
Anupam Rasayan India Ltd has filed a draft red herring prospectus with the Securities Exchange Board of India (Sebi) to raise ₹760 crore through an initial public offering (IPO).
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Surat-based speciality chemicals company Anupam Rasayan has filed its draft red herring prospectus (DRHP) with the stock market regulator to raise an aggregate
Read more about Specialty chemicals firm Anupam Rasayan files for IPO to raise Rs 760 crore on Business Standard. The proceeds will be used for repayment of debt, the firm said in the draft red herring prospectus (DRHP
The issue proceeds would be used mainly for repayment of debt. As stated in the DRHP, the company may consider an employee discount for eligible employees bidding for the employee reservation portion