This packaging company's IPO will be out soon, with an issue size of ₹760 crore

Bharat PET Limited, a manufacturer of packaging containers and bottles, is set to enter the stock market. 

The company is preparing to launch an initial public offering (IPO) and has submitted preliminary papers to SEBI. The company plans to raise ₹760 crore (approximately $1.7 billion) through its maiden public offering.

According to draft papers submitted to the regulator on Wednesday, the company will issue new shares worth ₹120 crore under this IPO. Additionally, the promoters will sell their existing shares worth ₹640 crore. 

The company may also consider selling up to ₹24 crore worth of shares privately before the IPO. If this happens, the amount of newly issued shares will be reduced by that amount. Founded in 1998, the company holds an 11 percent market share for packaging containers for pesticides.

How will the IPO money be used?

Bharat Pet will use ₹50 crore of the proceeds from its IPO to repay debt. ₹35.8 crore will be spent on purchasing machinery and equipment. 

The remaining funds will be used for general company operations. The company reported a profit of ₹36.7 crore in FY2025, up 30.6 percent from ₹28.2 crore in the previous year.

During this period, the company's revenue increased by 27 percent to ₹332.9 crore (approximately $1.3 billion) from ₹262.1 crore (approximately $1.3 billion) in fiscal 2024. Between April and September 2025, 

the company's revenue was ₹226.8 crore (approximately $1.3 billion) and its profit was ₹33.3 crore (approximately $1.3 billion). Equirus Capital and Ambit have been appointed as book running lead managers for the company's IPO.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.