Bharat PET Limited

Bharat PET Limited (New IPO): GMP, Price, Review, Profit

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Bharat PET Limited is an integrated rigid packaging solutions provider, engaged in manufacturing products such as PET bottles, jars, preforms, caps, and closures for industries like agrochemicals, FMCG, and pharmaceuticals. The company offers end-to-end packaging solutions with design, tooling, and manufacturing capabilities.

It operates as a B2B packaging manufacturer with a diversified customer base across industries and holds ~11% market share in India’s agrochemical packaging segment.

Bharat PET Limited was incorporated in 1998 & currently Mr. Ankur Gupta serves as the Managing Director of the company.

Bharat PET Limited has filed its DRHP with SEBI for a proposed IPO of ₹ 760 Cr featuring a Fresh Issue of ₹ 120 Cr and an Offer for Sale (OFS) of ₹ 640 Cr.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:₹ 760 Cr
Fresh Issue:₹ 120 Cr
Offer for Sale:₹ 640 Cr
Price Range:TBA
Lot Size:TBA
GMPPending

Bharat PET Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 116.77 Cr
Revenue:₹ 332.86 Cr
EBITDA₹ 64.31 Cr
PAT₹ 36.76 Cr
EBITDA Margin:~19.32%
PAT Margin~ 11%
Face Value:₹ 10

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Purchase of machinery & Equipments₹ 35.86 Cr
Working Capital Requirement₹ 00 Cr
Borrowing prepayment/repayment₹ 50 Cr
General Corporate PurposeBalance

Bharat PET Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 220.5₹ 262.1₹ 332.9
PAT (₹ Cr)₹ 26.7₹ 28.2₹ 36.8
Asset (₹ Cr)₹ 179.5₹ 187.3₹ 243.8
Net Worth (₹ Cr)₹ 78.0₹ 94.7₹ 116.8

Bharat PET Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
05-Jun₹ –₹ –₹ –
04-Jun₹ –₹ –₹ –
03-Jun₹ –₹ –₹ –
02-Jun₹ –₹ –₹ –
01-Jun₹ –₹ –₹ –
Bharat PET Limited

Bharat PET Limited Pro’s and Con’s

Strengths:

  • Strong presence in rigid packaging with diversified products across multiple industries.
  • Established relationships with agrochemical, FMCG, and pharma clients ensure steady demand.
  • Integrated manufacturing capabilities (design to delivery) improve margins and efficiency.
  • Growing demand for PET packaging in India supports long-term industry tailwinds.
  • Experienced promoter-led management with long operating history since 1998.

Risks:

  • Heavy dependence on agrochemical sector exposes it to seasonal and cyclical risks.
  • Raw material price volatility (petrochemical-based inputs) can impact margins.
  • Highly competitive and fragmented packaging industry limits pricing power.
  • Significant portion of IPO is Offer for Sale (less fresh capital for growth).
  • Customer concentration risk if key clients reduce orders or switch suppliers.

Bharat PET Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Deepak Gupta~ 41.24 %
Ankur Gupta~ 18.26 %
Rahul Gupta~ 18.26 %
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Bharat PET Limited Lot Size details

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Annual Returns + Lead Managers / Registrars of Bharat PET Limited

ROE34.47%
ROCE32.75%
RoNW31.49%
Lead / Book Running Lead ManagersEquirus Capital Private Limited,
Ambit Private Limited
Registrar (RTA)KFin Technologies Limited

Bharat PET Limited FAQ’s

  • Integrated packaging company manufacturing PET bottles, jars, caps and co-extruded containers for agrochemical, FMCG, pharma and chemical industries across India.
  • Bharat Pet Limited is raising funds via IPO to repay ~₹50 crore debt, fund ₹35.8 crore capex for machinery, and support general corporate expansion needs.
  • The IPO includes a Fresh Issue of  ₹ 120 Crore and an Offer for Sale (OFS) of ₹ 640 Crore. It will be listed on NSE and BSE platform.
  • Key risks include high customer and agrochemical dependency, raw material price volatility, and significant revenue concentration in limited product categories.
  • Potential upsides include strong industry growth in PET packaging, integrated manufacturing model, and established client relationships supporting stable long-term demand.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

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