Support and Resistance Levels
Past performance
About Biopol Chemicals Ltd Biopol Chemicals Limited, originally registered as Biopol Chemicals Private Limited on April 12, 2023, has rapidly evolved since its inception. On September 30, 2023, the company acquired 'M/s. United Chemical Company,' a sole proprietorship by Mr. Santanu Sarkar, thereby expanding its operations. Its corporate structure was subsequently changed to a public limited company with the new name, Biopol Chemicals Limited, effective from May 16, 2024.
The company's core business involves manufacturing and distribution of specialty chemicals, categorized under silicones, emulsifiers, biochemicals, and polyelectrolytes, which serve diverse applications across industries. Products include softeners, emulsions, and hardeners for textiles; silicone fluids and cleaning chemicals for home care; silicone adjuvants and surfactants for agriculture; and release agents for industrial uses. Biopol also provides technical consultancy services to aid institutional clients in optimizing applications.
Operating under a business-to-business (B2B) model, Biopol focuses solely on institutional customers rather than individual retail buyers. Its sales network comprises direct distribution and partnerships with local distributors, facilitating operations across domestic and international markets. Within India, the company serves key regions including West Bengal, Gujarat, Maharashtra, Tamil Nadu, and Karnataka. Internationally, its export efforts have been directed toward Bangladesh, leveraging the country’s prominence in the global textiles and apparel sector.
Biopol Chemicals Limited plans to list publicly via an Initial Public Offering (IPO), involving a fresh issue of 33,96,000 equity shares at a face value of Rs. 10 each. This IPO reflects the company’s ambition to accelerate its growth and expand its footprint in specialty chemicals production and distribution.