Project finance for specialty and base chemical capacity, working capital with bonded warehouse / customs structures, and ECB for chemical exporters. Strong presence in Gujarat (Vapi, Dahej, Ankleshwar) and Maharashtra MIDC industrial belts.
BIG LOANS arranges ₹100 crore-and-above debt mandates for Indian chemical companies — across specialty chemicals (Aarti Industries, Atul, Pidilite, SRF, Vinati Organics), base chemicals and petrochem (Reliance, GAIL, IOCL chemicals divisions), agrochemicals (UPL, PI Industries, Coromandel), and the deep mid-market chemicals belt in Gujarat (Vapi, Dahej, Ankleshwar) and Maharashtra MIDC. Most common products: project finance for new chemical capacity (TEV-driven, EHS-compliant); working capital with bonded warehouse and customs structures for importers; and ECB for export-oriented specialty chem companies.
Indian chemicals is one of the most capital-intensive sectors — specialty chemical plants run ₹500 Cr to ₹3,000 Cr, base chemical and petrochem facilities run several thousand crores. Lenders require detailed TEV (Technical Economic Viability) studies, environmental compliance documentation, and often independent EHS consultants alongside.
Export orientation is high — India is a major specialty chemical exporter to the US, Europe and Japan. Many promoters access ECB structured through GIFT City IFSC for Gujarat-based exporters, or through traditional foreign-bank channels for Maharashtra-based borrowers.
Common funding situations across the chemical sector.
New plant or capacity doubling for specialty chemicals — agrochemicals, intermediates, pharma APIs, performance chemicals. ₹250-1,500 Cr project finance.
Cracker expansion, derivative units, integrated complex. ₹2,000-10,000 Cr+ project finance, syndicated across 10+ lenders.
Chemical traders and processors with significant import content. Bonded warehouse + LC + buyer's credit structures for ₹100-500 Cr.
Companies with 50%+ USD revenue. ECB at SOFR + spread, often structured through GIFT City IFSC.
Mandatory environmental compliance upgrades. Sometimes accessed through dedicated green-finance lines from multilateral agencies.
Replacing NBFC / mezz debt with bank term loans as the business scales and ratings improve.
Chemicals debt centers on project finance and ECB. Working capital is typically import-heavy.
Chemicals lending requires sector expertise. PSU banks have the deepest historical relationships; private banks are competitive for specialty chem; foreign banks dominate ECB.
SBI, BOB, Indian Bank, Canara have dedicated chemicals / pharma desks with TEV partnerships and EHS expertise.
HDFC, ICICI, Axis — selective; particularly active for specialty chem with strong rating and clean ESG profile.
StanChart, HSBC, DBS, MUFG — heavily active for specialty chem exporter ECB. GIFT City IFSC branches add pricing efficiency for Gujarat borrowers.
Active for capacity-stretching structures (mezz layer, higher leverage), stressed-asset acquisition financing.
IIFCL particularly active for large petrochem complexes given their infrastructure-adjacent character.
Same 5-stage process for any large-ticket corporate debt mandate, applied to chemicals & petrochem specifics.
NDA, then a short call to understand the business model, key financial drivers, capital need. Sector-specific risk factors mapped early.
Optimal facility mix, tenor, security. Lender shortlist tuned to sector appetite — banks for vanilla, NBFCs / AIFs for specialty structures.
Sector-grade Information Memorandum, financial model, market analysis. Pitched to shortlisted lenders in parallel.
Multiple sanctions negotiated in parallel on pricing, covenants, security. Final lender(s) selected.
Loan agreement, security creation, CPs satisfied, drawdown. Sector-specific compliances (RERA, FEMA, SEBI, etc.) handled along the way.
Share a one-page brief on your business and funding need. We respond within one working day with feasibility, structuring and lender shortlist tuned to your sector.