Technichem Organics IPO Details
| IPO Open Date: | December 31, 2024 |
| IPO Close Date: | January 2, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹52 to ₹55 Per Share |
| Issue Size: | Approx ₹25.25 Crores |
| Fresh Issue: | Approx ₹25.25 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 ₹1,10,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2,000 | ₹1,10,000 |
| Retail Maximum | 1 | 2,000 | ₹1,10,000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,20,000 |
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 ₹46.39 crores in 2024 against ₹50.36 crore in 2023. The company reported profit of ₹4.73 crores in 2024 against Profit of ₹1.73 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹67.02 | ₹63.14 | ₹3.42 | ₹44.17 |
| 2023 | ₹50.36 | ₹48.64 | ₹1.73 | ₹44.25 |
| 2024 | ₹46.39 | ₹40.52 | ₹4.73 | ₹52.47 |
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): | ₹3.71 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.09% |
| Net Asset Value (NAV): | ₹15.41 |
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 “Plant –4”;
- 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
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
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
Technichem Organics IPO FAQs
What is Technichem Organics IPO?
When Technichem Organics IPO will open for subscription?
What is Technichem Organics IPO Investors Portion?
How to Apply the Technichem Organics IPO?
What is Technichem Organics IPO Issue Size?
What is Technichem Organics IPO Price Band?
What is Technichem Organics IPO Lot Size?
What is the Technichem Organics IPO Allotment Date?
What is the Technichem Organics IPO Listing Date?
Note: The Technichem Organics IPO price band and date are officially announced. The (Technichem Organics IPO grey market premium) will be added to the IPO GMP page as it will start).
