IPO

Technichem Organics Limited IPO

BSE SME

Listed On: Jan 7, 2025 at ₹ 57.25

₹ 110000 /2000 Shares

Check Allotment
Technichem Organics IPO Details

31 Dec, 2024

Open Date

02 Jan, 2025

Close Date

03 Jan, 2025

Allotment Date

07 Jan, 2025

Listing Date

Issue Price

₹52-55 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

57.25

Listing Date

2025-01-07

Market Lot

2000 Shares (₹110,000/-)

Lead Manager

Shreni Shares Limited

Issue Size

45,90,000 shares(aggregating up to ₹25.25 Cr)

Retail Portion

35%

Subscription

425.09 times

IPO Docs

DRHP RHP


The IPO of Technichem Organics is priced at ₹52-55 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Technichem Organics IPO bid opening date is from Dec 31, 2024 and the bid closing date was Jan 2, 2025.
Technichem Organics IPO allotment result will be available on Jan 3, 2025. The tentative listing date for Technichem Organics is Jan 7, 2025.

The total issue size is 45,90,000 shares(aggregating up to ₹25.25 Cr).

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Technichem Organics IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved8,68,000 / 6,52,00015,20,00030,40,000
Day 1 - 31-12-24 06:00 PM0.00 / 6.45 x13.09 x7.93 x
Day 2 - 01-01-25 06:00 PM0.00 / 31.67 x63.39 x38.49 x
Day 3 - 02-01-25 06:00 PM101.49 / 1078.9* x329.43 x425.09 x
Total No. of Applications: 3,08,770 (Approx)

Technichem Organics Valuations

EPS Pre IPO

₹3.71/-

EPS Post IPO

₹2.73/-

P/E Pre IPO

14.81

P/E Post IPO

20.15

ROE

27.39%

ROCE

22.57%

Debt/Equity

0.90

RoNW

24.09%

PAT Margin

10.19

Price to Book Value

3.57

Technichem Organics Company Financials All values are in ₹ Lakh

30-Jun-2431-Mar-2431-Mar-2331-Mar-22
Assets5,743.175,247.324,424.634,416.56
Revenue1,487.894,696.845,101.976,778.63
Profit After Tax140.46472.68172.93342.06
Net Worth2,102.51,962.041,489.361,316.43
Reserves & Surplus829.371,707.421,234.741,061.81
Total Borrowing1,658.311,763.941,562.151,017.26

About The Company

Incorporated in 1996, Technichem Organics Limited has its business in manufacturing a wide variety of chemicals that includes Speciality Chemicals, Pigment & Dye Intermediates, and Air Oxidation Chemistry.
It caters to a wide array of industries like pharmaceuticals, agriculture, coatings, pigments, dyes, and many others.
They mainly deliver accurate and high-quality chemical compounds and raw materials tailored to agrochemical, coating, pharma, dye, pigment, and specialty chemical sectors; all are in-house manufacturing processes.
The company has 950,000 kg of an annual manufacturing capacity.It has three plants at its facility, covering 26,079 square meters. The company is represented globally in about 11 countries, with a major share of exports being to China.
The company focuses on quality, environment, health, and safety, because it believes that maintaining high standards of products is the way to growth. All business processes of the company-from manufacturing and supply chain to delivery of the product-have been covered by quality systems in all its manufacturing facilities.

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Technichem Organics - Promoter(s)

Pre Issue Share Holding: 97.64%

Post Issue Share Holding: 71.77%

Company Promoter(s)
  1. Mr. Bharat Jayantilal Pandya
  2. Mr. Pandya Anilkumar Jayantilal

Technichem Organics IPO - Issue Objectives

  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

Other Details

Company Contact Details

Technichem Organics

5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad 380009

Phone: 079-27543722

Email: investors@technichemorganics.com

Website: http://www.technichemorganics.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Technichem Organics IPO - FAQs

Ans. Technichem Organics Limited IPO is a SME IPO. The issue is priced at ₹52-55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 31, 2024, and closes on Jan 2, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Technichem Organics Limited IPO opens on Dec 31, 2024 and closes on Jan 2, 2025.

Ans. The size of Technichem Organics Limited IPO is 45,90,000 shares(aggregating up to ₹25.25 Cr).

Ans. The IPO price band is set between ₹52-55 per equity share.

Ans. To apply for Technichem Organics Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Technichem Organics Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Technichem Organics Limited IPO is Jan 3, 2025.

Ans. The Technichem Organics Limited IPO will be listed on Jan 7, 2025.

Ans. Follow the steps to check the allotment status for Technichem Organics Limited IPO here.