Techno Paints Plans Rs. 500 Cr IPO, Signs Sachin Tendulkar

Techno Paints and Chemicals is planning to raise Rs. 500 crore through an Initial Public Offering (IPO) in the next financial year, according to company sources on January 10, 2026.

The proposed IPO is part of the company’s broader growth strategy as it scales operations and strengthens its national footprint.

In a major branding move, the company has appointed Sachin Tendulkar as its brand ambassador for three years. The appointment follows the earlier association with actor Mahesh Babu, brand ambassador for two years starting in 2023.

Key Highlights

• Techno Paints plans a Rs. 500 crore IPO in the next financial year
• Sachin Tendulkar appointed brand ambassador for three years
• Company targets Rs. 2,000 crore revenue by FY2030

Financially, Techno Paints reported revenue of Rs. 210 crore in FY2024–25 and expects revenue to rise sharply to Rs. 450 crore in the current financial year, according to company executive Reddy. Looking ahead, the company has set an ambitious target of achieving Rs. 2,000 crore in revenue by FY2029–30.

Techno Paints manufactures decorative, industrial, and speciality paints, offering a portfolio of over 3,000 decorative paint shades. The company currently operates across Telangana, Andhra Pradesh, Karnataka, Maharashtra, Gujarat, Delhi, Odisha, and Chandigarh.

“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.

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As part of its expansion roadmap, Techno Paints plans to enter Himachal Pradesh, Tamil Nadu, Rajasthan, West Bengal, and Uttar Pradesh by the end of 2026, followed by an international expansion into the Middle East in 2026–27, the company said.