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Technichem Organics Ltd IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹55
Issue Price
₹55
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹55
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
31 Dec 2024
Tue Completed
Done
Close Date
02 Jan 2025
Thu Completed
Done
Allotment
03 Jan 2025
Fri Completed
Done
Refund
06 Jan 2025
Mon Completed
Done
Demat Credit
06 Jan 2025
Mon Completed
Done
Listing Date
07 Jan 2025
Tue Completed
UPI Deadline: 02 Jan 2025
Issue Details
Pricing & Size
Issue Price
₹55 Face ₹10
Lot Size
2,000 shares
Min Investment
₹110,000
Total Issue Size
45,90,000 shares (aggregating up to ₹25.25 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,52,000 (5.49%)
QIB Portion
21,66,000 (47.19%)
NII / HNI
6,52,000 (14.20%)
Retail
15,20,000 (33.12%)
Employee
-
Net Offer to Public
43,38,000 shares (aggregating up to ₹23.86 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,27,31,250 shares
Post-Issue Shareholding
1,73,21,250 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,10,000
HNI / NII 2 4,000 ₹2,20,000
Objects of Issue
3 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
Lead Managers & Market Maker
Book Running Lead Managers
Shreni Shares Ltd.
Market Maker
Shreni Shares Ltd
IPO Timeline
Open
31 Dec
✓ Done
Close
02 Jan
✓ Done
Allotment
03 Jan
✓ Done
Listing
07 Jan
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investors@technichemorganics.com
Phone
079-27543722
Address
5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad 380009 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹55
Est. Listing
₹55
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Technichem Organics Ltd LIVE
INR ·
vs Issue
Open
High
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P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹55
GMP
+₹0 (+0%)
GMP Est. Listing
₹55
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 21,66,000 (47.19%) ₹1,191.30 Cr
NII / HNI (Total) 6,52,000 (14.20%) ₹358.60 Cr
Retail Investors 15,20,000 (33.12%) ₹836.00 Cr
Total ** 45,90,000 (100.00%) ₹25,245.00 Cr
Market Maker * 2,52,000 (5.49%) ₹13.86 Cr
* Based on ₹55.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
21,66,000 (47.19%)
NII
6,52,000 (14.20%)
Retail
15,20,000 (33.12%)
Market Maker
2,52,000 (5.49%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Jun 202431 Mar 202431 Mar 2023
Revenue1487.894696.845101.97
PAT140.46472.68172.93
EBITDA
Net Worth2102.501962.041489.36
Total Assets5743.175247.324424.63
Reserves829.371707.421234.74
Borrowings1658.311763.941562.15
Key Financial Ratios
27.39%
ROE
Return on Equity
22.57%
ROCE
Return on Capital Employed
24.09%
RONW
Return on Net Worth
10.19%
PAT Margin
PAT / Revenue
0.90
D/E Ratio
Debt to Equity
3.57
P/BV
Price to Book Value
3.71
Pre EPS
EPS Pre-Issue
2.73
Post EPS
EPS Post-Issue
14.81
Pre P/E
P/E Pre-Issue
20.15
Post P/E
P/E Post-Issue
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 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
  • Supply Chain Efficiency
  • Long-standing relationships with diversified customers across geographies
Frequently Asked Questions
What is the issue price of Technichem Organics Ltd IPO?
The issue price of Technichem Organics Ltd IPO is ₹55 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹110,000.
What are the IPO dates?
Opens 31 Dec 2024, closes 02 Jan 2025.
When is the listing date?
Tentative listing: 07 Jan 2025 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹55 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Technichem Organics Ltd IPO · Expected 03 Jan 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
03 Jan 2025
Refund Initiation
06 Jan 2025
Demat Credit
06 Jan 2025
Listing Date
07 Jan 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹55
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot
Est. Listing
₹55
GMP +₹0
Key Dates
Open
31 Dec Done
Close
02 Jan Done
Listing
07 Jan Done
Registrar
Bigshare Services Pvt.Ltd
A
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