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News Details

( As on 15/12/2025 14:20)

Phytochem Remedies announces launch of initial public offering

Phytochem Remedies (India) Ltd. has announced public offering of 3900000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 88.00 per share. The gross proceeds of the issue are expected to be Rs 3,822.00 lakhs.

The company's initial public offer (IPO) will open on 18 December 2025 and is expected to close on 22 December 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 3900000 Equity Shares of the Company at an price of Rs 98.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Phytochem Remedies (India) Ltd. anticipates using the proceeds of the issue for .

Mefcom Capital Markets Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.