The Rs 38.2 crore SME IPO for Phytochem Remedies begins on December 18. money to be utilized for basic business needs, debt payments, and expansion. December 17 (PTI) Phytochem Remedies (India) Ltd., a manufacturer of corrugated boxes and boards, stated on Wednesday that the public will be able to purchase its Rs 38.2 crore initial share offer on December 18.
The net proceeds from the new issuance will be utilized for general corporate objectives, debt repayment, and capital expenditure requirements for the acquisition of machinery and equipment as well as civil construction.
Founded in 2002, Phytochem Remedies is a producer of corrugated boxes and corrugated board solutions, mainly serving the food and beverage, FMCG, pesticide, pharmaceutical, and automotive industries.
The business is run out of its well-positioned production facilities in Bari Brahmana, Jammu.
Corrugated boxes (3-ply, 5-ply, and 7-ply), printed corrugated boxes, corrugated rolls, and corrugated pads and sheets are among its goods.
In terms of finances, the business reported Rs 36.53 crore in sales and Rs 4.47 crore in profit after tax in FY 25.
It is suggested that the company list its shares on the BSE SME.
The only book-running lead manager for the IPO is Mefcom Capital Markets Ltd.
How to Apply for Phytochem Remedies IPO (Dec 18, 2025)
Step 1: Check Eligibility
You must be an Indian citizen (resident individual or HUF).
Investors can apply through a demat account.
Step 2: Choose Application Method
You can apply using:
Online via your broker or bank’s IPO application platform
Offline via the ASBA (Application Supported by Blocked Amount) form
Step 3: Fill the IPO Form
Enter your personal details: name, PAN, contact info.
Mention the number of shares you want to apply for.
Provide demat account details for share allotment.
Step 4: Payment
For ASBA, the application amount will be blocked in your bank account until allotment.
If applying online through brokers, follow their payment instructions.
Step 5: Submit Application
Double-check all details.
Submit the application before the IPO closes.
Step 6: Check Allotment
Allotment results are usually declared a few days after the IPO closes.
Check your demat account or the BSE SME website to confirm share allotment.
Step 7: Listing
If allotted, shares will be credited to your demat account.
The stock will start trading on BSE SME on the listing date.
Pro Tips:
Ensure your PAN and demat details match exactly.
Apply early in the subscription period to avoid last-minute issues.
Use ASBA for safer blocking of funds instead of upfront payment.
FAQ
When does the Phytochem Remedies IPO open?
The Phytochem Remedies IPO opens for subscription on December 18, 2025.
What is the size of the IPO?
The IPO is valued at Rs 38.2 crore.
How will the IPO proceeds be used?
The net proceeds from the IPO will be utilized for:
General corporate purposes
Repayment of debt
Capital expenditure for acquiring machinery, equipment, and civil construction
What products does Phytochem Remedies manufacture?
Phytochem Remedies produces corrugated boxes and board solutions, including:
3-ply, 5-ply, and 7-ply corrugated boxes
Printed corrugated boxes
Corrugated rolls, pads, and sheets
Which industries does the company serve?
The company primarily serves:
Food & Beverage
FMCG
Pesticides
Pharmaceuticals
Automotive
Where is Phytochem Remedies located?
The company operates from its production facility in Bari Brahmana, Jammu, strategically positioned for logistics and supply chain efficiency.
What are the company’s financial highlights?
In FY25, Phytochem Remedies reported:
Revenue: Rs 36.53 crore
Profit after Tax (PAT): Rs 4.47 crore
On which exchange is the IPO expected to list?
The IPO is expected to list on the BSE SME platform.
Who is managing the IPO?
The book-running lead manager for the IPO is Mefcom Capital Markets Ltd.
