Phytochem Remedies
December 18, 2025 – December 22, 2025
| Price | ₹98 - ₹98 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1200 |
| Issue size | ₹38.22 cr |
| Allotment | Dec 23, 2025 |
| Listing | Dec 26, 2025 |
Phytochem Remedies Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 235200 | 772 |
| HNI | 3 | 3600 | 352800 | 514 |
Phytochem Remedies Reservation
| Category | Shares Offered | % |
|---|---|---|
| HNI | 1851600 | 47.48% |
| INDIVIDUAL | 1851600 | 47.48% |
| Market Maker | 196800 | 5.05% |
| Total | 3900000 | 100% |
Phytochem Remedies About
IPO Details
| Total Issue Size | 39,00,000 shares (aggregating up to 38.22 Cr) |
| Fresh Issue Size | 39,00,000 shares (aggregating up to 38.22 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 |
| Reserved for Market Maker | 1,96,800 shares (aggregating up to 1.93 Cr) |
| Market Maker | Aftertrade Broking Pvt.Ltd. |
Key Performance Indicators
| KPI | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 22.22% | 34.07% | 26.46% |
| ROCE | 18.33% | 25.29% | 18.09% |
| EPS (basic) | 4.77 | 5.68 | 2.93 |
| P/E Pre IPO | 17.24 | ||
| P/E Post IPO | 15.37 |
Financial Details In Crores
| Period Ended | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 53.68 | 44.5 | 41.85 | 37.07 |
| Total Income | 25.01 | 36.81 | 32.9 | 20.83 |
| Profit After Tax | 3.75 | 4.48 | 2.31 | 0.82 |
| EBITDA | 6.72 | 8.69 | 5.88 | 2.91 |
| NET Worth | 16.89 | 13.14 | 8.74 | 6.42 |
| Reserves and Surplus | 9.02 | 9.99 | 5.51 | 3.2 |
| Total Borrowing | 19.32 | 18.69 | 21.02 | 20.3 |
Company Overview
Operates two manufacturing units at Bari Brahmana, Jammu:
Unit 1: 43,360 sq. ft. (≈12,000 sq. ft. currently utilised)
Unit 2: 1,73,440 sq. ft. (≈55,000 sq. ft. currently utilised), offering significant expansion headroom.
Product portfolio includes 3-ply, 5-ply & 7-ply corrugated boxes, printed corrugated boxes, corrugated rolls, pads, and sheets.
As of September 30, 2025, the company employs 51 people across operations.
IPO proceeds will be used for machinery purchase (₹13.60 cr), civil construction (₹5.88 cr), debt repayment (₹9.37 cr), and general corporate purposes (₹5.64 cr).
Strength
Stable customer relationships – Long-standing clients across multiple industries support recurring demand.
Consistent financial performance – Track record of steady growth enhances business credibility.
Scalable manufacturing setup – Large unutilised area allows future capacity expansion with limited incremental cost.
Weakness
High customer concentration – Top 10 customers contribute over 50% of revenue; loss of major clients may impact cash flows.
Supplier dependency without long-term contracts – Any disruption or delay in raw material supply can affect production and delivery timelines.
History of negative cash flows – Continued negative operating or investing cash flows may constrain growth and financial flexibility.
Phytochem Remedies Lead Manager(s)
Phytochem Remedies Address
220,
Ashok Nagar Main Road,
Udaipur City, Girwa,
Udaipur, Rajasthan, 313001
Phone: +91 294 4577549
Email: cs@phytochem.co.in
Website: http://www.phytochem.co.in/
Phytochem Remedies Registrar
Phytochem Remedies Reviewers
| Reviewer | Recommendation | File |
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