24/1/2025, 9:57:03 pm

Dorf Ketal Chemicals plans Rs 5,000-crore IPO, files draft papers with SEBI

Specialty chemicals maker Dorf-Ketal Chemicals India is planning to tap capital markets to raise Rs 5,000 crore via initial public offering. It has filed preliminary papers with the capital markets regulator SEBI. The IPO comprises of fresh issuance of equity shares worth Rs 1,500 crore, and an offer-for-sale of Rs 3,500 crore worth shares by promoter Menon Family Holdings Trust.