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31 Jan, 2026
Phytochem Remedies IPO
Phytochem Remedies IPO is a fixed price issue of ₹38.22 cr, which is entirely a fresh issue of shares. The price that is fixed for a share is ₹98 per share and the lot size for an application is 1,200. The minimum amount required by an individual investor is ₹2,35,200 (2,400 shares). This IPO will open for subscription on December 18, 2025 and closes on December 22, 2025 and will list on the BSE SME platforms with a tentative listing date fixed as December 26, 2025.
Company Background
Phytochem Remedies (India) Ltd. is an Indian packaging company that was incorporated in 2002 and this company is based in Jammu, India. It specialises in manufacturing corrugated boxes and board solutions for sectors including FMCG, food and beverages, pharmaceuticals, pesticides, and automotive. The company operates two manufacturing facilities at Bari Brahmana and focuses on delivering durable, customised packaging products to meet diverse industry requirements. Phytochem’s offerings support the safe storage and transportation of goods across its client base.
Operations and Product Range
Facility and Production
Phytochem Remedies (India) Ltd. operates a state-of-the-art manufacturing infrastructure focused on corrugated packaging solutions from two strategically located units in Bari Brahmana, Jammu. Unit 1 spans 43,360 sq. ft. and Unit 2 covers 1,73,440 sq. ft., with substantial unutilised area available for expansion. Production incorporates advanced automated corrugated board technology to deliver high-quality boxes, printed packaging, rolls, pads and sheets for diverse industries such as FMCG, food & beverages, pesticides and pharmaceuticals.
Brands and Market Presence
This company has established a strong presence in India’s packaging industry, catering to FMCG, pharmaceutical, food and beverage, pesticide and automotive sectors. Its products, including corrugated boxes, printed boxes, rolls, pads, and sheets, are recognised for quality and durability. The company serves a diverse client base across domestic markets, building a reliable brand reputation for customised and efficient packaging solutions.
Revenue Channels
- • The primary base of this company is the sale of (printed) corrugated boxes, corrugated rolls, pads and sheets.
- • Customized packing solutions for clients, bulk orders from FMCG, pharmaceutical, food & beverage, pesticide and automotive sectors.
- • Domestic market sales form another primary revenue base.
Management and Shareholding
Promoters and Shareholding
This company’s promoters and shareholders collectively held 100% of the company’s equity, but after the IPO, their stake will be reduced to 66.88% which also reflects that they still have control while enabling public participation. The promoters and shareholders are primarily focused on scaling the company’s packaging business, strengthening market presence, and enhancing operational efficiency, as their main motive is to leverage the IPO proceeds and existing resources to expand manufacturing capacity, invest in advanced technology, and diversify product offerings.
Board Members
The board members of this company comprise experienced industry professionals driving strategic and operational oversight. Their chairman and managing director serve the company by guiding business strategy and growth. Their Executive Director focuses on administration, compliance and expansion initiatives, while Independent directors offer expertise in procurement, corporate governance and legal compliance.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Phytochem Remedies IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Phytochem Remedies IPO Details
| Detail | Description |
|---|---|
| IPO Date | Thu, Dec 18, 2025 to Mon, Dec 22, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹98 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 39,00,000 shares (aggregating up to ₹38.22 Cr) |
| Reserved for Market Maker | 1,96,800 shares (aggregating up to ₹1.93 Cr) Aftertrade Broking Pvt.Ltd. |
| Net Offered to Public | 37,03,200 shares (aggregating up to ₹36.29 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 78,75,000 shares |
| Share Holding Post Issue | 1,17,75,000 shares |
Phytochem Remedies IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Thu, Dec 18, 2025 |
| IPO Close Date | Mon, Dec 22, 2025 |
| Tentative Allotment | Tue, Dec 23, 2025 |
| Initiation of Refunds | Wed, Dec 24, 2025 |
| Credit of Shares to Demat | Wed, Dec 24, 2025 |
| Tentative Listing Date | Fri, Dec 26, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 22, 2025 |
Phytochem Remedies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,35,200 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,52,800 |
Phytochem Remedies IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | - |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Long-term relationship maintenance with the investor and customer base.
- • Financial growth and performance consistent track record.
- • Well-established technology, equipment and manufacturing facility
- • Diverse product portfolio with a wide range of customer base and industry applications.
Phytochem Remedies IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 53.68 | 25.01 | 3.75 | 16.89 | - | 19.32 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 44.50 | 36.81 | 4.48 | 13.14 | - | 18.69 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 41.85 | 32.90 | 2.31 | 8.74 | - | 21.02 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 37.07 | 20.83 | 0.82 | 6.42 | - | 20.30 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 34.07% |
| ROCE | 25.29% |
| Debt/Equity | 1.42 |
| RoNW | 34.07% |
| PAT Margin | 12.25% |
| EBITDA Margin | 23.78% |
| Price to Book Value | 2.35 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.68 | 6.38 |
| P/E (x) | 17.24 | 15.37 |
IPO Proceeds
- • Proceeds for funding the capital requirement for machinery purchase and civil construction.
- • Repayment of debt and loans availed by the company.
- • General Corporate Purposes.
Conclusion
Phytochem Remedies IPO is offering an opportunity to investors to invest in India’s corrugated packaging industry, offering a diverse range of high-quality products for sectors like FMCG, pharmaceuticals, food and beverages, pesticides and automotive. The promoters and shareholders of this company's motives for strategic expansion, technological upgrades and a focused governance structure reinforce its potential to deliver long-term value and strengthen its leadership in the domestic packaging market.
DRHP:
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Frequently asked Questions (FAQs )
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Q1: What are the Phytochem Remedies IPO dates and price band?
The IPO opens on December 18, 2025 and closes on December 22, 2025. The price is ₹98 per share.
-
Q2: Where will the Phytochem Remedies IPO be listed?
The IPO is expected to be listed on the BSE SME platform.
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Q3: What exactly does Phytochem Remedies (India) Ltd do?
This company manufactures corrugated packaging products, including boxes, printed boxes, rolls, pads, and sheets.
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Q4: How much is the Phytochem Remedies IPO size and issue type?
The IPO size is ₹38.22 cr and the issue type is Fixed Price IPO.
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Q5: What is the lot size and minimum amount of investment of the Phytochem Remedies IPO?
The lot size for an application is 1,200 and the minimum amount required by an individual investor is ₹2,35,200.00 (2,400 shares).
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Q6: How will the IPO proceeds be used?
The IPO proceeds will fund manufacturing expansion, civil construction, debt repayment and general corporate purposes.
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