
Techno Paints and Chemicals is preparing to enter the capital markets with a ₹500 crore initial public offering in the next financial year, aligning a major fund-raise with an aggressive brand and geographic expansion strategy, as per PTI report.
The company intends to use the IPO to support rapid business growth across India and overseas markets.
With operations already spanning Telangana, Andhra Pradesh, Karnataka, Maharashtra, Gujarat, Delhi, Odisha and Chandigarh, Techno Paints plans to expand into Himachal Pradesh, Tamil Nadu, Rajasthan, West Bengal and Uttar Pradesh by the end of this year, followed by an entry into Middle Eastern markets in FY27.
To support its national rollout, Techno Paints has appointed Sachin Tendulkar as brand ambassador for 3 years. The company had earlier tied up with actor Mahesh Babu in 2023 for a 2-year engagement.
The new association is aimed at strengthening brand visibility and improving dealer and consumer reach ahead of the IPO.
Techno Paints reported revenue of ₹210 crore in FY25 and expects turnover of ₹450 crore in the current financial year. Management is targeting revenue of ₹2,000 crore by FY30, driven by network expansion, new markets and higher brand recall.
“We are honoured to collaborate with one of the world’s most iconic cricketers and a Bharat Ratna, Sachin Tendulkar. We are looking forward to achieving bigger and greater things this year with expansion and the IPO, and no one could have been a better ambassador or growth partner for us,” said Akuri Srinivas Reddy, Chairman of Techno Paints and Chemicals.
Read More: Indo SMC’s IPO to Open for Subscription on January 13, 2026!
With strong revenue growth, nationwide expansion and a high-profile brand strategy, Techno Paints is positioning itself for a sizeable public market debut next year.
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Published on: Jan 12, 2026, 12:34 PM IST

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