Issue Price
₹98
Per Share
GMP
NIL
Grey Market
Est. Listing
₹98
Expected Price
Min. Application
₹235,200
2 lots × 1200 shares
Incorporated in 2002, Phytochem Remedies (India) Limited is a manufacturer of corrugated boxes and corrugated board solutions, catering primarily to industries such as food & beverages, FMCG, pesticides, pharmaceuticals, and automotive, based in Jammu, India.The company operate in two units at Bari Brahmana, Jammu, with Unit 1 having a total allocated area of 43,360 Sq. Ft. and Unit 2 having an allocated area of 1,73,440 Sq. Ft. Currently, Unit 1 is utilizing approximately 12,000 Sq. Ft. and Unit 2 is utilizing approximately 55,000 Sq. Ft. of total area of respective units.Products:Corrugated Boxes (3- Ply, 5-Ply, & 7-Ply)Printed Corrugated BoxesCorrugated RollsCorrugated Pads and SheetsAs on date September 30, 2025, the company had 51 employees.Competitive Strengths:Long-standing relationships with a stable customer baseTrack record of consistent financial performance and growthWell established manufacturing facility with a focus on sustainability and readiness for expansion and technology advancementWell-diversified product portfolio with wide industry applications
Phytochem Remedies (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 196,800 | — | ₹1.93 Cr | — |
| TOTAL | 3,900,000 | 100.00% | ₹38.22 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹117,600 |
| Retail (Max) | 13 | 15,600 | ₹1,528,800 |
| sNII (Min) | 14 | 16,800 | ₹1,646,400 |
| bNII (Min) | 68 | 81,600 | ₹7,996,800 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 25.01 | 36.81 | 32.90 |
| EBITDA | 6.72 | 8.69 | 5.88 |
| Profit After Tax (PAT) | 3.75 | 4.48 | 2.31 |
| Net Worth | 16.89 | 13.14 | 8.74 |
| Total Assets | 53.68 | 44.50 | 41.85 |
| Reserves & Surplus | 9.02 | 9.99 | 5.51 |
| Total Borrowings | 19.32 | 18.69 | 21.02 |