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 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.