Phytochem Remedies Launches IPO on BSE SME Platform

Phytochem Remedies (India) Limited, specializing in corrugated box solutions, is launching an IPO on the BSE SME platform to fund equipment purchases, construction, debt repayment, and corporate ventures. Founded in 2002, the company has seen consistent financial growth, achieving impressive profits and expansion in Jammu-based facilities.

Phytochem Remedies (India) Limited, a leading supplier of corrugated boxes and boards, is setting the stage for an Initial Public Offering (IPO) on the BSE SME platform. Registered in Udaipur with operations in J&K, the company seeks capital for machinery, construction projects, loan repayments, and other corporate purposes.

Since its inception in 2002, Phytochem Remedies has been a key player in manufacturing and supplying corrugated solutions to industries such as food and beverages, FMCG, pharmaceuticals, pesticides, and automotive sectors. The company operates two major units in Bari Brahmana, Jammu, employing 51 individuals as of September 30, 2025.

Financially, Phytochem Remedies has shown consistent growth. Transitioning from a semi-automatic line in 2014 to launching another unit in 2022-2023, the company reported revenue increases from Rs 20.83 crore in the initial years to Rs 36.81 crore in 2025. The upcoming IPO aims to raise Rs 38.22 crore with shares priced at Rs 98 each, offering growth opportunities for investors.

(With inputs from agencies.)