Chemicals maker Dorf Ketal likely defers IPO plans amid Italmatch bid
Published on: March 2, 2026, 6 a.m. | Source: Livemint
Gujarat's Dorf Ketal is deferring its IPO to secure ₹2,000 crore in pre-IPO funding to part-finance acquisition of Italmatch Chemicals. This acquisition, valued at $1.6-1.8 billion, will enhance its product range and European footprint.
