{
  "id": 10660890,
  "title": "Technopaints And Chemicals Submits DRHP For Proposed IPO, Plans To Raise As Much As ₹500 Crore",
  "url": "https://urgent.news/2026/09/29/technopaints-and-chemicals-submits-drhp-for-proposed-ipo-plans-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T08:47:00.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/technopaints-and-chemicals-submits-drhp-for-proposed-ipo-plans-to-raise-as-much-as-500-crore"
  },
  "original_language": "en",
  "account": null,
  "summary": "Mumbai: Technopaints and Chemicals Ltd has filed a draft red herring prospectus with Sebi for an initial public offering worth up to ₹500 crore. The proposed IPO combines a ₹325 crore fresh issue with a ₹175 crore offer for sale by existing shareholders. Each equity share has a face value of ₹5. Promoters Akuri Srinivasa Reddy and A. Sandhya plan to sell shares worth up to ₹90 crore and ₹30…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}