Phychem Technologies IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.53 | 3.53 | 4.31 |
| NII | 0.63 | 1.30 | 42.41 |
| RII | 0.25 | 1.38 | 20.76 |
| Total | 1.26 | 1.97 | 20.79 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Phychem Technologies IPO minimum market lot is 4000 shares with ₹2,16,000 application amount. The Phychem Technologies IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Phychem Technologies is one of the leading manufacturers of rotational molding (roto molding) compounds, a raw material used to make hollow plastic products. Phychem makes customized polyethylene-based compounds made from LLDPE, HDPE, and special additives supplied in powder or granule form, which are used to manufacture water, fuel, and chemical storage tanks, portable toilets, furniture, industrial containers, and other molded plastic parts.
Its product portfolio includes foam, stone-effect, flame-retardant, anti-static, and custom-colored compounds serving a wide range of industries such as construction, water management, agriculture, automotive, and consumer goods. Moreover, the company also makes customized molded tanks. Its manufacturing facility is in Khatwad, Dindori, Nashik, Maharashtra, which includes its own laboratory and quality control department. They export their products to many countries such as Bahrain, Bangladesh, Iraq, Kuwait, Nigeria, Saudi Arabia, South Africa, Thailand, Turkey, UAE, and many others.
Phychem Technologies IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Phychem Technologies IPO Review and Rating
- May Apply For Long-term View
Phychem Technologies IPO Form
How to apply for the Phychem Technologies IPO? You can apply for Phychem Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Phychem Technologies IPO in the Invest section. The other option is you can apply for Phychem Technologies IPO via IPO forms downloaded online. Check out the Phychem Technologies forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
