Bharat PET Ltd Files IPO Papers to Raise ₹760 Crore
IPO Details
Bharat PET Ltd, a provider of integrated packaging solutions, has filed a draft IPO with the markets regulator, Sebi, to raise ₹760 crore. The proposed IPO includes a fresh issuance of equity shares worth up to ₹120 crore and an offer for sale (OFS) of shares worth up to ₹640 crore by promoters. A pre-IPO placement of securities, up to ₹24 crore, is also being considered, which would adjust the size of the fresh issue.Use of Proceeds
The company intends to utilize the proceeds from the fresh equity issue, amounting to ₹50 crore, for debt repayment and ₹35.8 crore for the purchase of machinery and equipment. The remaining funds will be used for general corporate purposes.Company Overview
Incorporated in 1998, Bharat PET manufactures a diversified range of rigid packaging products, including PET bottles and jars, preforms, multi-layer co-extruded bottles, caps and closures, and tin containers. The company primarily serves the agrochemical industry, holding an estimated 11% market share in India’s agrochemical packaging segment, according to a CARE report.As of September 30, 2025, Bharat PET operates four manufacturing facilities located in Delhi, Sonipat, Ankleshwar, and Jammu, with a total installed capacity of 18,110.53 MTPA.
Key Clients
The company’s key clients include Tata Consumer Products Ltd, Dhanuka Agritech Ltd, PI Industries Ltd, India Pesticides Ltd, and Safex Chemicals India Ltd.Financial Performance
Bharat PET reported revenue from operations of ₹411.82 crore in FY25 and a profit after tax (PAT) of ₹50.99 crore during the same period.IPO Management
Equirus Capital and Ambit are the book running lead managers for the IPO.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.