IPO Details

About Company

Biopol Chemicals Ltd., incorporated in 2010, is a prominent player in the bioplastics industry, focusing on sustainable and eco-friendly alternatives to conventional plastics. The company operates under the umbrella of the Biopol Group, which is dedicated to promoting green technologies. Biopol Chemicals offers a diverse product portfolio that includes biodegradable polymers, compostable materials, and bio-based additives, catering to various industries such as packaging, agriculture, and consumer goods. With state-of-the-art manufacturing facilities located in Maharashtra, the company boasts a significant production capacity that enables it to meet growing market demands. Biopol Chemicals has established a robust geographic presence, with operations spanning across India and export markets in Europe, North America, and Asia. The distribution network is well-structured, leveraging partnerships with key distributors and retailers to ensure widespread availability of its products. As per the latest financials, the company reported a total income of INR 150 crores, with a net profit of INR 20 crores, an EBITDA margin of 18%, ROCE of 12%, ROE of 15%, and a Debt-Equity ratio of 0.5. The objectives of the IPO include funding expansion initiatives, enhancing manufacturing capabilities, and repaying existing debt. Post-issue, the market capitalization is expected to reach approximately INR 1,200 crores, with an Earnings Per Share (EPS) projected at INR 10 and a Price-to-Earnings (P/E) ratio of 20. Investor sentiment is cautiously optimistic, driven by the increasing demand for sustainable products and the company’s strategic growth plans.