Virupaksha Organics Sets Sights on Rs 740 Crore IPO to Fuel Expansion and Innovation
Published on: Sept. 30, 2025, 1:43 p.m. | Source: Devdiscourse
Hyderabad's Virupaksha Organics plans to raise Rs 740 crore through an IPO. The company aims to use the funds for capacity expansion, debt repayment, and general purposes. Specializing in APIs and intermediates, Virupaksha reported Rs 811 crore revenue in FY25. India's API market is projected to hit Rs 600 crore by 2029.
