Technichem Organics IPO
Technichem Organics is a BSE SME IPO listed on the BSE SME platform, priced at ₹52–₹55 per share. The stock debuted at ₹57.25, delivering a listing gain of 4.1%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.
Technichem Organics Limited IPO
- IPO Dates
- Dec 31, 2024 – Jan 2, 2025
- Price band
- ₹52-55 per equity share
- Minimum Investment
- ₹1,10,000
- Issue size
- ₹25.25 Cr
- Lot size
- 2000
- Allotment Date
- Jan 3, 2025
- Listing
- Jan 7, 2025
- Listing At
- BSE SME
IPO timeline
-
Dec 31, 2024
Open Date
Completed
-
Jan 2, 2025
Close Date
Completed
-
Jan 3, 2025
Allotment Date
Completed
-
Jan 7, 2025
Listing Date
Completed
Technichem Organics IPO Essentials
Technichem Organics IPO Details
Technichem Organics IPO is priced at ₹52-55 per share with a total issue size of 25.25 crore. The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹52-55 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 45,90,000 shares(aggregating up to ₹25.25 Cr)
- Total issue size
- 45,90,000 shares
(aggregating up to ₹25.25 crore) - Fresh issue
- 45,90,000 shares
(aggregating up to ₹25.25 crore) - Listing at
- BSE SME
- List price
- 57.25
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Shreni Shares Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,10,000 |
| Retail(max) | 1 | 2000 | ₹1,10,000 |
| NII (min) | 2 | 4000 | ₹2,20,000 |
Technichem Organics IPO Reservation
Technichem Organics IPO reservation details show category-wise allocation of shares. Out of the total 45,90,000 shares, approximately 18.91% are reserved for QIB, 14.2% for NII, 33.12% for retail investors, 5.49% for market maker, and 28.28% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 12,98,000 (28.28%) | |
| Market Maker Shares Offered | 2,52,000 (5.49%) | |
| QIB Shares Offered | 8,68,000 (18.91%) | |
| NII (HNI) Shares Offered | 6,52,000 (14.2%) | |
| Retail Shares Offered | 15,20,000 (33.12%) | |
| Total Shares Offered | 45,90,000 (100%) |
Technichem Organics IPO Analytics
Technichem Organics IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Technichem Organics IPO Subscription Status
Technichem Organics IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,68,000 / 6,52,000 | 15,20,000 | 30,40,000 |
|
Day 1
31-12-24 06:00 PM
|
(0.00 / 6.45) x | 13.09 x | 7.93 x |
|
Day 2
01-01-25 06:00 PM
|
(0.00 / 31.67) x | 63.39 x | 38.49 x |
|
Day 3
02-01-25 06:00 PM
|
(101.49 / 1078.9*) x | 329.43 x | 425.09 x |
Technichem Organics Valuations
Earnings
- EPS Pre IPO
- ₹3.71/-
- EPS Post IPO
- ₹2.73/-
- P/E Pre IPO
- 14.81
- P/E Post IPO
- 20.15
Returns
- ROE
- 27.39%
- ROCE
- 22.57%
- RoNW
- 24.09%
- PAT Margin
- 10.19
Fundamentals
- Debt / Equity
- 0.90
- Price / Book
- 3.57
Technichem Organics Financials( In Lakhs)
| 30-Jun-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 5,743.17 | 5,247.32 | 4,424.63 | 4,416.56 |
| Revenue | 1,487.89 | 4,696.84 | 5,101.97 | 6,778.63 |
| Profit After Tax | 140.46 | 472.68 | 172.93 | 342.06 |
| Net Worth | 2,102.5 | 1,962.04 | 1,489.36 | 1,316.43 |
| Reserves & Surplus | 829.37 | 1,707.42 | 1,234.74 | 1,061.81 |
| Total Borrowing | 1,658.31 | 1,763.94 | 1,562.15 | 1,017.26 |
Technichem Organics Company & Offer Insights
About Technichem Organics
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.
Technichem Organics Promoter(s)
Mr. Bharat Jayantilal Pandya, Mr. Pandya Anilkumar Jayantilal are the company's promoters of Technichem Organics.
Technichem Organics IPO Issue Objectives
- •
- Funding of capital expenditure requirements of the Company towards setting up of a new plant named as Plant 4
- •
- Repayment or prepayment, in full or in part, of certain borrowings availed by the Company from banks, financial institutions and non-banking financial companies
- •
- General corporate purposes
Technichem Organics IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Technichem Organics Limited | 3.71 | N/A | 15.41 | N/A | 24.09 | 3.67 | Restated Financial Statements |
| Ami Organics Limited | 11.91 | N/A | 183.05 | 178.25 | 6.47 | 11.6 | Standalone |
| Anupam Rasayan India Limited | 10.84 | N/A | 249.26 | 69.66 | 4.29 | 3.03 | Standalone |
| Chemcrux Enterprises Ltd | 5.7 | N/A | 48.79 | 32.6 | 12.6 | 3.85 | Standalone |
Notes:
- P/E Ratio has been computed based on their respective closing market price on December 13, 2024, as divided by the Basic EPS as on March 31, 2024.
- Return on Net Worth (RoNW) is calculated as Net profit after tax, as restated / Average shareholders' equity (including minority interest) as restated at year/period end.
- NAV is computed as the closing net worth (excluding minority interest) divided by the closing outstanding number of equity shares.
- Net worth means the aggregate value of the paid-up share capital of the Company and all reserves created out of profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, miscellaneous expenditure not written off, as per the restated balance sheet.
Contact Information
Contact Details
Technichem Organics
079-27543722
investors@technichemorganics.com
http://www.technichemorganics.com/
5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad 380009
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Technichem Organics IPO is a book-built IPO worth ₹25.25 crore. The price band is ₹52–₹55 per share. The IPO opens on Dec 31, 2024 and closes on Jan 2, 2025. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Technichem Organics IPO is ₹52 to ₹55 per share.
The lot size of Technichem Organics IPO is 2000 shares.
The minimum investment for Technichem Organics IPO is approximately ₹1,10,000 based on the upper price band .
Technichem Organics IPO opens on Dec 31, 2024 and closes on Jan 2, 2025.
The allotment date of Technichem Organics IPO is Jan 3, 2025.
Technichem Organics IPO is expected to be listed on Jan 7, 2025, on BSE SME Platform.
Technichem Organics IPO valuation snapshot: P/E 20.15, EPS ₹2.73/-, P/B 3.57, RoNW 24.09%, and market cap N/A.
To apply for Technichem Organics IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Technichem Organics IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Technichem Organics IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Technichem Organics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Technichem Organics IPO allotment status on IPO Ji for quick and easy access.