← Top stories
IPO● Neutral for Indian equities
Technopaints And Chemicals Files DRHP For Rs 500 Crore IPO; Plans To Fund New Plant, Working Capital
The brief
- Technopaints and Chemicals filed a DRHP for a ₹500 crore IPO to fund a new plant and working capital
- It may raise up to ₹65 crore through a pre-IPO placement
- The IPO adds a potential new listed paint and chemicals company for Indian investors to assess