Technopaints and Chemicals Ltd.

NSE & BSE

unknown

TBA

1 Shares

TBA

₹5

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IPO Offer Ends

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Use of Proceeds

#	Purpose	Amount (₹ Million)
1	Funding capital expenditure towards setting up a greenfield paints manufacturing and innovation	1,491.39

Promoters

Akuri Srinivasa ReddyA Sandhya

Book Running Lead Managers

Anand Rathi Advisors Ltd.

IPO Registrar

KFIN Technologies Ltd.

About the Company

We are an established integrated paint solutions provider with over 15 years of operating experience. Our businessmodel is differentiated, spanning the manufacture, sale and application of paint products through an integratedB2B project-based model (source: CRISIL Report). We are primarily involved in the execution of turnkey paintsupply and application projects under our differentiated business model for real estate developers and buildersacross, among others, the residential, commercial, institutional, healthcare, education and industrial end-usesegments, including projects under various government programmes (“Turnkey Paint Projects”). As part of ourTurnkey Paint Projects, we supply paint products manufactured by us and undertake their application at customersites, providing customers with an integrated offering across the paint project value chain. We were the fastestgrowingcompany among our peers from Fiscal 2024 to Fiscal 2026 in terms of CAGR in revenue from operationsand EBITDA, growing at a CAGR of 60.61% and 65.40%, respectively (source: CRISIL Report).

Use of Proceeds

1. Funding capital expenditure towards setting up a greenfield paints manufacturing and innovation facility (“Proposed Greenfield Project”);2. Part funding the incremental working capital requirements of our Company; and3. General corporate purposes.