Technichem Organics IPO Details
| IPO Issue Open Date: | 31 December 2024 |
| IPO Issue Close Date: | 2 January 2025 |
| IPO Issue Price Band: | ₹52 to ₹55 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹25.25 Crores | 45,90,000 shares |
| Fresh Issue: | ₹25.25 Crores | 45,90,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Technichem Organics IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Technichem Organics IPO Dates Timeline
| Issue Open Date: | 31 December 2024 |
| Issue Close Date: | 2 January 2025 |
| Basis of Allotment Date: | 3 January 2025 |
| Refunds Initiation: | 6 January 2025 |
| Shares Credit in Demat: | 6 January 2025 |
| IPO Listing Date Detail: | 7 January 2025 |
Technichem Organics IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 2,000 shares = ₹1,10,000 |
| Retail (Max) | 1 lots and 2,000 shares = ₹1,10,000 |
| HNI (Min) | 2 lots and 4,000 shares = ₹2,20,000 |
| B-HNI Minimum | – |
Technichem Organics IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹11 | ₹16,700 | ₹– | 20% |
| 25th Dec | ₹– | ₹– | ₹– | ₹– |
| 24th Dec | ₹- | ₹- | ₹- | ₹- |
About Technichem Organics
Technichem Organics Limited was established in 1996 and started a business of manufacturing chemical pigment across multiple industries such as pharmaceuticals, agriculture, coatings, dyes, and others. Moreover, they have around 25 years of experience in this business and can judge market trends and management of protocols due to employees’ credibilities and reliabilities. Moreover, Mr. Bharat Jayantilal Pandya and Mr. Anil Jayantilal Pandya are the promoters of this firm and help in Leading, Creating, raising, Handling, and Monitoring business operations. Further, the manufacturing capacity is 950,000 kg annually, with three plants located at the factory, spanning 26,079 square meters. The facilities adhere to stringent quality control protocols and industry-leading practices. According to DRHP, it has main business prioritizes quality, environment, health, and safety, and maintaining high product quality is key to growth.
Technichem Organics IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- Funding working capital requirements of the company;
- Branding, Advertisement and Marketing activities;
- General corporate purposes
Technichem Organics Company Financial Report
The company reported revenue of ₹46.39 crores in 2024 against ₹50.36 crores in 2023. The company reported a profit of ₹4.73 crores in 2024 against a loss of ₹1.73 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹67.02 | ₹63.14 | ₹3.42 | ₹44.17 |
| 2023 | ₹50.36 | ₹48.64 | ₹1.73 | ₹44.25 |
| 2024 | ₹46.39 | ₹40.52 | ₹4.73 | ₹52.47 |
Technichem Organics IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 27.39% |
| ROCE: | 22.57% |
| EBITDA Margin: | 20.54% |
| PAT Margin: | 10.19% |
| Debt to equity ratio: | 0.90 |
| Earning Per Share (EPS): | ₹3.71 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.09% |
| Net Asset Value (NAV): | ₹15.41 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Ami Organics Limited | 11.91 | 108.93 | 6.47% | 183.05 | -Cr. |
| Anupam Rasayan India Limited | 10.84 | 72.12 | 4.29% | 249.26 | – Cr. |
| Chemcrux Enterprises Ltd | 5.70 | 35.95 | 12.60% | 48.79 | – Cr. |
Technichem Organics IPO Registrar
Bigshare Services Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Technichem Organics IPO Lead Manager
- Sherni Shares Limited.
Technichem Organics IPO allotment status check on Bigshare Services website. Click on Bigshare Services to get allotment status.
Promoters of Technichem Organics
- Mr. Bharat Jayantilal Pandya
- Mr. Pandya Anilkumar Jayantilal
Company Address
Technichem Organics Limited
5th Floor, Malak Complex, Behind Old Gujarat High Court,
Navrangpura, Ahmedabad, Gujarat-380009, India
Phone: +91-79-27543722
Email: investors@technichemorganics.com
Website: www.technichemorganics.com