Dorf-Ketal Chemicals India Limited plans an IPO to raise ₹50,000 million ($550 million) through a fresh issue of ₹15,000 million ($165 million) and an offer for sale of ₹35,000 million ($385 million).
The IPO will fund corporate expansion and debt repayment, with shares listed on BSE and NSE.
The offer is managed by leading financial institutions, with more details to follow.