Mumbai -based Technichem Organics IPO is a Book Built Issue. This is a BSE SME IPO which is open for subscription on 31 December, 2024 and will close on 2 December, 2024. The price band of the IPO is ₹52 to ₹55 per share.
The total IPO Size is ₹25.25 crore in which fresh issue of ₹25.25 crores and offer for sale up to [.] equity shares. The company set face value of ₹10 each. You can apply for Technichem Organics IPO for minimum lot size is 2000 shares for the retail investors, aggregating to an investment of ₹1,10,000.
This IPO is to be list on BSE SME platform on 7 January, 2025, and allotment date is on 3 January, 2025 which check Technichem Organics IPO allotment status on Bigshare Services Pvt. Ltd. is the registrar for this offering.
The book-running lead managers of this IPO is Shreni Shares Limited. For more information check Technichem Organics IPO DRHP and RHP details.
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:
Checkout the Technichem Organics IPO Prospectus of DRHP and RHP file.
Get the tentative dates and schedule for latest IPO Technichem Organics IPO are open and close date, allotment status, refunds, and listing details
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
You can bid for a minimum of 2,000 shares and maximum 4,000 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
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
3th Jan
₹15
₹25,000
₹–
27%
2th Jan
₹15
₹25,000
₹–
27%
1th Jan
₹15
₹25,000
₹–
27%
31th Dec
₹11
₹16,700
₹–
20%
30th Dec
₹11
₹16,700
₹–
20%
28th Dec
₹11
₹16,700
₹–
20%
26th Dec
₹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
Multi-product capability
Established infrastructure and integrated production with cost efficiencies
Core Focus on consistent R&D, value engineering and to leverage complex chemistry and technology
Focus on Quality, Environment, Health and Safety
Experienced Promoters and management team
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.
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 ServicesLimited 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 OrganicsLimited 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
Technichem Organics IPO FAQs
What is Technichem Organics IPO Detail?
Technichem Organics IPO is a main-board IPO. The company is going to raise ₹25.25 Crores via IPO. The issue is priced at ₹52 to ₹55 pr equity share. The IPO is to be listed on NSE.
How to Apply Technichem Organics IPO Online?
You can apply for Technichem Organics IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.
When Technichem Organics IPO will open?
The IPO is to open on 31 December 2024 for QIB, NII, and Retail Investors. The IPO will close on 2 January 2025.
What is Technichem Organics IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Technichem Organics IPO Size?
Technichem Organics issue size is ₹25.25 crores.
What is Technichem Organics IPO Price Band?
Technichem Organics IPO Price Band is ₹52 to ₹55.
What is the Lot Size of Technichem Organics IPO?
The Technichem Organics IPO minimum bid size is2,000 Shares with ₹110,000 amount.
What is the Technichem Organics IPO Allotment Date?
Technichem Organics IPO allotment date is 3 January, 2025.
What is the Technichem Organics IPO Listing Date?
Technichem Organics IPO listing date is 7 January, 2025. The IPO is to list on BSE SME.
