Technichem Organics IPO Details
| IPO Open Date: | December 31, 2024 |
| IPO Close Date: | January 2, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹52 to ā¹55 Per Share |
| Issue Size: | Approx ā¹25.25 Crores |
| Fresh Issue: | Approx ā¹25.25 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Technichem Organics IPO Market Lot
The Technichem Organics IPO minimum market lot is 2,000 shares with ā¹1,10,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2,000 | ā¹1,10,000 |
| Retail Maximum | 1 | 2,000 | ā¹1,10,000 |
| S-HNI Minimum | 2 | 4,000 | ā¹2,20,000 |
Technichem Organics IPO Dates
The Technichem Organics IPO date is December 31 and the close date is January 2. The Technichem Organics IPO allotment will be finalized on January 3 and the IPO listing on January 7.
| IPO Open Date: | December 31, 2024 |
| IPO Close Date: | January 2, 2025 |
| Basis of Allotment: | January 3, 2025 |
| Refunds: | January 6, 2025 |
| Credit to Demat Account: | January 6, 2025 |
| IPO Listing Date: | January 7, 2025 |
Promoters of Technichem Organics IPO
The promoters of the company are Mr. Bharat Jayantilal Pandya, and Mr. Pandya Anilkumar Jayantilal
About Technichem Organics IPO
Technichem Organics Limited was founded in 1996, and it has 25 years of experience in manufacturing chemicals, pyrazoles, pyrazolone, specialty chemicals, and pigments across multiple industries such as pharmaceuticals, agriculture, coatings, dyes, and others. This firm is spread in 11 countries, giving them a broad perspective of the market environment and better judge market trends. Owing to employees’ credibility and reliability they can maintain precision and stick to protocols. Moreover, Mr. Bharat Jayantilal Pandya and Mr. Anil Jayantilal Pandya are the promoters of this firm and help in Leading, Creating, raising, Handling, and Monitoring business operations. It has a manufacturing capacity of 950,000 kg per year, with three factory plants covering an area of 26,079 square meters. Their facilities follow strict quality control standards and industry best practices.
Technichem Organics IPO Company Financial Report
The company reported revenue of ā¹46.39 crores in 2024 against ā¹50.36 crore in 2023. The company reported profit of ā¹4.73 crores in 2024 against Profit of ā¹1.73 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹67.02 | ā¹63.14 | ā¹3.42 | ā¹44.17 |
| 2023 | ā¹50.36 | ā¹48.64 | ā¹1.73 | ā¹44.25 |
| 2024 | ā¹46.39 | ā¹40.52 | ā¹4.73 | ā¹52.47 |
Technichem Organics IPO Valuation – FY2024
Check Technichem Organics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 27.39% |
| ROCE: | 22.57% |
| EBITDA Margin: | 20.54% |
| PAT Margin: | 10.19% |
| Debt to equity ratio: | 0.90 |
| Earning Per Share (EPS): | ā¹3.71 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.09% |
| Net Asset Value (NAV): | ā¹15.41 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Ami Organics Limited | 11.91 | 108.93 | 6.47% | 183.05 | – Cr. |
| Anupam Rasayan India Limited | 10.84 | 72.12 | 4.29% | 249.26 | – Cr. |
| Chemcrux Enterprises Ltd | 5.70 | 35.95 | 12.60% | 48.79 | – Cr. |
Objects of the Issue
- Funding of capital expenditure requirements of our Company towards setting up of a new plant named as āPlant ā4ā;
- Repayment or prepayment, in full or in part, of certain borrowings availed by our Company from banks, financial institutions and non-banking financial companies;
- General corporate purposes;
Technichem Organics IPO Review
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Technichem Organics IPO Registrar
Bigshare Services Private Limited
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
IPO Lead Managers aka Merchant Bankers
- Shreni Shares Limited
Company Address
Technichem Organics Limited
5th Floor, Malak Complex, Behind Old Gujarat High Court,
Navrangpura, Ahmedabad, Gujarat-380009, India
Phone: +91-79-27543722
E-mail: [email protected]
Website: www.technichemorganics.com
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