Techno Paints Targets Rs 500 Crore IPO in FY27, Sachin Tendulkar Joins as Brand Ambassador

• Techno Paints and Chemicals plans to raise Rs 500 crore through an Initial Public Offering (IPO) in the financial year 2026-27.
• Cricket legend Sachin Tendulkar has been appointed as the brand ambassador for three years to boost national expansion.
• The company aims to strengthen its national presence with Tendulkar's association, following actor Mahesh Babu's previous ambassadorship.
• Techno Paints projects revenue of Rs 450 crore in the current fiscal year and targets Rs 2,000 crore by 2029-30.
• The paint manufacturer operates in eight Indian states and plans to expand to five more states and the Middle East by 2026-27.

Why It Matters: Techno Paints is set for a Rs 500 crore IPO in FY27, leveraging Sachin Tendulkar for national expansion.