Phytochem Remedies IPO Subscribed 0.23x on Day 2

Phytochem Remedies IPO subscription started on Thursday, December 18, 2025, and will close on December 22, 2025, as per the schedule. The price band is set at ₹98 per share with a face value of ₹10.

Table of Contents

Phytochem Remedies IPO Subscription Status

Phytochem Remedies IPO was subscribed over 0.23x on its Second day till 05.00 PM on 19th December 2025. 

  • Phytochem Remedies IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 0.20x times, and RII investors subscribed 0.27x times.
  • The company has received bids for 8,70,000 shares against 37,03,200 shares on offer on the Second day. 
  • Phytochem Remedies IPO was subscribed over 0.23x times on day 2.
  • Phytochem Remedies IPO was subscribed over 0.08x times on day 1.

About the Phytochem Remedies IPO

Since its incorporation in 2002, Phytochem Remedies Limited has been involved in the manufacturing of corrugated boxes and corrugated boards. The type of material used for packing, storage, and transportation is due to its lightweight, strong, and cost-effective nature. The company serves its solutions to the food & beverages, FMCG, pesticides, pharmaceuticals, and automotive industries. 

The company includes 51 employees as of September 2025. Moreover, the company operates 2 manufacturing units situated at Bari Brahmana, Jammu. Unit 1 covers 43,360 sq. ft and Unit 2 covers 1,73,440 sq. ft. Its product portfolio consists of a wide range of products such as Corrugated Boxes (3-Ply, 5-Ply, & 7-Ply), Printed Corrugated Boxes, Corrugated Rolls, and Corrugated Pads and Sheets.

Phytochem Remedies IPO Company Financial Report

The company reported revenue of ₹36.81 crores in 2025 against ₹32.90 crores in 2024. The company reported a profit of ₹4.48 crores in 2025 against a profit of ₹2.31 crores in 2024.  

Phytochem Remedies IPO GMP

Phytochem Remedies IPO GMP was ₹0 as of Friday, 19th December. That indicates the IPO is trading at ₹98 with a ₹0 premium in the grey market against the issue price of ₹98.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

Leave a Reply

Your email address will not be published. Required fields are marked *