Supreet Chemicals Limited is planning to launch an IPO. The company has filed documents with the market regulator, Sebi. The goal is to raise Rs 499 crore. The funds will support a new greenfield project and reduce debt. A portion of the funds may come from a pre-IPO placement. The company is based in Gujarat and specializes in chemical intermediates.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets