About Supreet Chemicals IPO
Supreet Chemicals IPO Details
Supreet Chemicals IPO is a 100% book-built issue of ₹499 crore, entirely a fresh issue of shares, with a face value of ₹2 per share. The company filed its DRHP with SEBI on Sep 5, 2025.
The price band and official dates of subscription and listing will be announced by the company later, but the shares are intended to be listed on the BSE and the NSE platforms. The book-running lead manager (BRLM) is IIFL Capital Services Ltd., while the registrar to the issue is MUFG Intime India Private Ltd.
Supreet Chemicals IPO Date & Timeline
Supreet Chemicals IPO officially filed its Draft Red Herring Prospectus (DRHP) on September 5, 2025. However, the specific Supreet Chemicals IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalise the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.
Supreet Chemicals IPO Timeline
| IPO Open Date | - |
| IPO Close Date | - |
| Tentative Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Tentative Listing Date | - |
| Cut-off time for UPI mandate confirmation | - |
Supreet Chemicals IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹ 2 per Equity Share |
| Issue Price Band | - |
| Lot Size | - |
| Sale Type | Fresh Issue only |
| Total Issue Size | Up to ₹ 499.00 Cr (Aggregating up to ₹ 4,990.00 million) |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | Up to ₹ 499.00 Cr (Aggregating up to ₹ 4,990.00 million) |
| Offer for Sale | - |
| Net Offered to Public | - |
| Issue Type | 100 % Book Built Issue |
| Listing At | BSE and NSE |
| Share Holding Pre Issue | 6,35,19,000 shares |
| Share Holding Post Issue | - |
Supreet Chemicals IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Supreet Chemicals IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Company Background
Supreet Chemicals Ltd. is a private limited firm that started operations in Gujarat on July 7, 1992. Through the many years, the business has grown significantly, leading to its transformation to a public limited firm at the end of 2022 to ease its ability to reach out to a wider audience. The firm is involved in the production and distribution of specialty chemicals and intermediates. As a business, the firm ensures that it provides innovative, sustainable and high-quality products and services to various sectors such as the pharmaceutical industry, agrichemicals and other industries.
Operations & Product Range
The main activities of Supreet Chemicals Ltd. involve the creation and commercialisation of sophisticated chemical systems. The main products include a variety of speciality chemicals tailored to satisfy the specific demands of downstream industrial applications. The target clientele consists of manufacturing companies that depend on unique chemical products to facilitate their production processes. The firm has been able to develop a strong core operational structure based on constant innovation, efficient processing and high-quality standards.
Facilities & Capacity
Supreet Chemicals Ltd.’s major manufacturing process is chemical intermediates, where they have the capability of dealing with complicated chemistry and multiple unit operations and processes. Their operational unit is based at Vapi in Gujarat. This particular area of industry is necessary for the provision of the operational facilities required for the processing of chemicals on a larger scale. This issue aims to increase the production capacity by establishing the new manufacturing units.
Brands & Market Presence
Supreet Chemicals Ltd. has maintained a well-known position in the market after working for over the past three decades. Its flagship products are recognised among its business-to-business (B2B) clientele for adhering to strict chemical standards. The domestic and export exposure illustrates a firm footing in the Indian market with the operational capacity to serve wider industrial demands.
Revenue Streams & Business Model
Supreet Chemicals Ltd. generates its main source of revenue by producing and selling its unique chemical portfolio. The company has performed well, as its total income for FY25 was recorded at ₹369.15 crore and profit after tax (PAT) was ₹51.92 crore. The core value capture is through the transformation of the basic materials into highly sophisticated chemicals demanded by certain industries. Long-standing supply contracts with industry players ensure stable revenue generation across different geographical locations.
Management & Shareholding
The key promoters of Supreet Chemicals Ltd. are Harjindersingh Jaswantsingh Sarna, Narendrakaur H. Sarna and Manjeetsingh Gurbirsingh Sarna. Before the IPO, the shareholders held a significant portion of the ownership, but after the IPO, the promoters' ownership will be diluted and new shareholders will be introduced.
Board & Key Management
The board and the management of Supreet Chemicals Ltd. have an experienced and organised group of executives to supervise them. The board consists of executive members, which include the managing director and the whole-time directors. Having independent directors on the board, like Prajapati Mulshankar Dhulabhai, adds a balance to the supervision process. Dineshchandra Manubhai Patel and Indrajeet Kumar Panday, being the CFO and CS respectively, handle financial compliance efficiently.
Supreet Chemicals IPO Financial Information
Latest Revenue
369.15
₹ Crore
Profit After Tax
51.92
₹ Crore
Net Worth
237.21
₹ Crore
Total Borrowing
200.70
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| Fiscal 2025 | 519.15 | 369.15 | 51.92 | 237.21 | 224.51 | 200.70 | |||
| Fiscal 2024 | 338.76 | 243.27 | 25.59 | 186.48 | 173.78 | 80.89 | |||
| Fiscal 2023 | 226.09 | 314.73 | 56.34 | 162.16 | 149.46 | 4.66 | |||
| Amount in ₹ Crore | |||||||||
Supreet Chemicals Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.51% |
| ROCE | 19.61% |
| Debt/Equity | 0.85 |
| RoNW | 24.51% |
| PAT Margin | 14.06% |
| EBITDA Margin | 21.63% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.17 | - |
| P/E (x) | - | - |
Supreet Chemicals IPO Objectives
The company intended to use the Supreet Chemicals IPO proceeds for strategic purposes:
- • Funding capital expenditure requirements to expand and upgrade manufacturing capabilities.
- • Repayment or prepayment of debt (in part or in full)
- • General corporate purposes
Supreet Chemicals IPO Review
Supreet Chemicals Ltd. holds its position in the sector as an experienced player in the highly competitive speciality chemicals sector. Its presence in Gujarat offers it obvious logistical benefits in relation to raw material acquisition and distribution channels. The financial profile and growth trajectory are expected to be significantly bolstered by the proposed capital injection. This issue will be used to fuel capacity expansion and reduce debt, reflecting a strong commitment to internal growth.
Key advantages include its successful operation track record and professional management team. On the downside, risks that can emerge mainly relate to the difficulties of commercialising new chemical formulas, together with strict environmental regulations imposed on chemical production.
Overall, the structure of this offering can be considered transparent in terms of concentrating on capacity-building efforts. Efficient utilisation of the money raised will allow the business to cope with future industry challenges.
Conclusion
The Supreet Chemicals IPO is an opportunity for investors to invest in a growing company that seeks to strengthen its manufacturing footprint. The business strengths reveal a resilient organisation backed by over three decades (30+ years) of operational expertise. The industry opportunity in the speciality chemicals sector remains strong, supported by sustained domestic and global consumption.
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Competitive Strengths
A proven track record of operations in the speciality chemicals industry, extending. for more than three decades (30+ years)
A plant set up in the well-known centre for chemicals in Vapi, Gujarat.
An extremely experienced promoter group and management, with extensive technical and industry expertise.
Prioritises innovation and the commercialisation of advanced products.
| Sr.no | Description | Date | File |
|---|---|---|---|
| 1 | SEBI/Exchange approval received | 16/01/2026 | - |
| 2 | Filed with SEBI/Exchange | 05/09/2025 | View DRHP |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 0 | 1400015000 |
| Individual investors (Retail) (Max) | 0 | 0 | 200000 |
| S-HNI (Min) | 0 | 0 | 200000 |
| S-HNI (Max) | 0 | 0 | 1000000 |
| B-HNI (Min) | 0 | 0 | 1000000 |