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Technichem Organics Ltd

Technichem Organics Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹55
₹55
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹55
Based on GMP
Min. Investment
₹110,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
31 Dec 2024
Close Date
02 Jan 2025
Allotment
03 Jan 2025
Listing Date
07 Jan 2025
Exchange
BSE SME
Price Band
₹55
Listing Price
See chart
Allotment Status
Price Band
₹55
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
45,90,000 shares (aggregating up to ₹25.25 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹110,000
1 lot
Pre-IPO Holding
1,27,31,250 shares
Promoters
Post-IPO Holding
1,73,21,250 shares
Promoters
P/E (Pre)
14.81x
 
P/E (Post)
20.15x
 
EPS (Pre)
₹3.71
 
EPS (Post)
₹2.73
 
UPI Deadline
2025-01-02
Mandate
Anchor AllotmentMon, 30 Dec 2024
Basis of AllotmentFri, 03 Jan 2025
Refund InitiationMon, 06 Jan 2025
Demat CreditMon, 06 Jan 2025
Listing DayTue, 07 Jan 2025
UPI Mandate Deadline2025-01-02
Sale TypeFresh Capital
Net Offer to Public43,38,000 shares (aggregating up to ₹23.86 Cr)
Market Maker Quota2,52,000 shares (aggregating up to ₹1.39 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Technichem Organics Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Jan 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
252,000
₹1.39
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,590,000
100% ₹25.25
IPO Shares Offered
Technichem Organics Ltd IPO total issue size: ₹25.25 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 252,000 ₹1.39
5.49%
Total 4,590,000 ₹25.25
100.00%
* Based on upper price band ₹55 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹55.00
Upper Band
Min Investment
₹110,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹220,000
Retail (Max — 13 Lots)1326,000₹1,430,000
S-HNI (Min — 14 Lots)1428,000₹1,540,000
B-HNI (Min — 68 Lots)68136,000₹7,480,000
* Issue Price ₹55 × Lot Size 2,000 shares
IPO Schedule
Anchor
30 Dec 2024
✓ Done
IPO Open
31 Dec 2024
✓ Done
IPO Close
02 Jan 2025
✓ Done
Allotment
03 Jan 2025
✓ Done
Refunds
06 Jan 2025
✓ Done
Demat Credit
06 Jan 2025
✓ Done
Listing Day
07 Jan 2025
✓ Done
Technichem Organics Ltd — Live Price LIVE
₹55.00
INR · BSE
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Issue ₹55.00 Live Price
About Technichem Organics Ltd
Incorporated in 1996, Technichem Organics Limited is engaged in the business of manufacturing a various range of chemicals, Speciality Chemicals, Pigment & Dye Intermediates and Air Oxidation Chemistry.The company serves a variety of industries, including pharmaceuticals, agriculture, coatings, pigments, dyes, and more, showcasing the versatility of its products.They focus on delivering high-quality, precise chemical compounds and raw materials tailored for agrochemical, coating, pharma, dye, pigment, and specialty chemical sectors, with all manufacturing done in-house.The company has an annual manufacturing capacity of 950,000 kg. It operates three plants at its facility, which covers an area of 26,079 square meters. The company has a global presence, operating in approximately 11 countries, with significant exports directed to China.The company focuses on quality, environment, health, and safety, recognizing that maintaining high product standards is key to growth. Across its manufacturing facilities, the company has implemented quality systems covering all business processes, from manufacturing and supply chain to product delivery.Business Model:Manufacturing of specialty chemicals and intermediates: Manufactures specialty chemicals, which are primarily chemical components that find use in agrochemicals, coating, pharma, dyes, and pigments.Custom manufacturing: The Company also can manufacture intermediates and other specialty chemicals on a make-to-order basis.Contract manufacturing/exclusive manufacturing: The company customizes products according to customer requirements and offers them under confidentiality agreements. Their product range includes pharmaceuticals, coating applications, specialty chemicals, and more.As of June 30, 2024, the company has 72 employees.Competitive Strengths:Multi-product capabilityEstablished infrastructure and integrated production with cost efficienciesCore Focus on consistent R&D, value engineering and to leverage complex chemistry and technologyFocus on Quality, Environment, Health and SafetyExperienced Promoters and management teamSupply Chain EfficiencyLong-standing relationships with diversified customers across geographies
Objects of the Issue
1
Funding of capital expenditure requirements of the Company towards setting up of a new plant named as “Plant 4”
2
Repayment or prepayment, in full or in part, of certain borrowings availed by the Company from banks, financial institutions and non-banking financial companies
3
General corporate purposes
Technichem Organics Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹5,102.0
31 Mar 2023
₹4,696.8
31 Mar 2024
₹1,487.9
30 Jun 2024
Profit After Tax (PAT)
₹172.9
31 Mar 2023
₹472.7
31 Mar 2024
₹140.5
30 Jun 2024
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 1487.89 4696.84 5101.97
EBITDA N/A N/A N/A
Profit After Tax (PAT) 140.46 472.68 172.93
Net Worth 2102.50 1962.04 1489.36
Total Assets 5743.17 5247.32 4424.63
Reserves & Surplus 829.37 1707.42 1234.74
Borrowings 1658.31 1763.94 1562.15
EBITDA Margin (%) N/A
PAT Margin (%) 10.19%
P/BV Ratio
3.57
RoE
27.39%
RoCE
22.57%
RoNW
24.09%
PAT Margin
10.19%
Debt/Equity
0.90
Issue Structure & Shareholding
Total Shares Offered45,90,000 (100.00%)
Net Offer to Public43,38,000 shares (aggregating up to ₹23.86 Cr)
Reserved for Market Maker2,52,000 shares (aggregating up to ₹1.39 Cr)
Pre-Issue Promoter Holding1,27,31,250 shares
Post-Issue Promoter Holding1,73,21,250 shares
P/BV Ratio3.57
RoE27.39%
RoCE22.57%
Debt / Equity0.90
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Shreni Shares Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Technichem Organics Ltd IPO subscribed?

Technichem Organics Ltd IPO is subscribed 1.00 times by Jan 02, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Technichem Organics Ltd IPO retail subscription status?

The Technichem Organics Ltd IPO retail category is subscribed 1.00 times as of 02 Jan 2025. The retail portion is oversubscribed.

How to subscribe Technichem Organics Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 31 Dec 2024 and closes 02 Jan 2025. Min investment: ₹110,000 (1 lot = 2,000 shares). UPI mandate: 2025-01-02.

How many times Technichem Organics Ltd IPO subscribed?

The Technichem Organics Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Technichem Organics Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Jan 2025. Refunds: on 06 Jan 2025.

When Technichem Organics Ltd IPO will be listed?

The Technichem Organics Ltd IPO listing date is 07 Jan 2025, Tuesday. Listed on: BSE SME. Issue price: ₹55. Estimated listing: ₹55. GMP: NIL.

When Technichem Organics Ltd IPO close?

The Technichem Organics Ltd IPO closes on 02 Jan 2025, Thursday. UPI mandate: 2025-01-02. Allotment: 03 Jan 2025. Listing: 07 Jan 2025.