Technichem Organics IPO description – Technichem Organics is primarily involved in manufacturing a diverse range of chemicals, including pyrazoles, pyrazolones, speciality chemicals, pigment and dye intermediates, and compounds used in air oxidation chemistry. These products cater to various industries, such as pharmaceuticals, agriculture, coatings, pigments, dyes, and more. Operating in 11 countries, the company achieved a total export value of INR 17.69 crore for the fiscal year 2024, with 20.58% of these exports going to China. The company’s domestic sales for the same fiscal year amount to INR 28.70 crore.
Technichem Organics specializes in producing customized products for the agrochemical, coatings, pharmaceutical, dye, pigment, and speciality chemicals industries, with an annual manufacturing capacity of 950 tonnes. Its production facility is located in Anand, Gujarat. As of 30 June 2024, the company employs 72 staff members.
Promoters of Technichem Organics – Mr. Bharat Jayantilal Pandya, and Mr. Pandya Anilkumar Jayantilal
Table of Contents
Technichem Organics IPO Details
| Technichem Organics IPO Dates | 31 December 2024 – 2 January 2025 |
| Technichem Organics Issue Price | INR 52 – 55 per share |
| Fresh issue | 45,90,000 shares (INR 23.87 – 25.25 crore) |
| Offer For Sale | NIL |
| Total IPO size | 45,90,000 shares (INR 23.87 – 25.25 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,10,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Technichem Organics Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 67.02 | 50.36 | 46.39 | 14.70 |
| Expenses | 63.14 | 48.64 | 40.52 | 13.02 |
| Net income | 3.42 | 1.73 | 4.73 | 1.40 |
Technichem Organics Offer News
- Technichem Organics RHP
- Technichem Organics Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Technichem Organics Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 2.98 | 1.36 | 3.71 |
| PE ratio | – | – | 14.02 – 14.82 |
| RONW (%) | 25.98 | 11.61 | 24.09 |
| NAV | 11.46 | 11.70 | 15.41 |
| ROCE (%) | 22.25 | 11.84 | 22.57 |
| EBITDA (%) | 8.17 | 8.65 | 20.54 |
| Debt/Equity | 0.77 | 1.05 | 0.90 |
Technichem Organics IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 26 December 2024 | 10 | – | 16,000 |
Technichem Organics IPO Subscription – Live Updates
The market maker reservation portion of shares is not included in the above calculations.
Technichem Organics IPO Allotment Status
Technichem Organics IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Technichem Organics IPO Dates & Listing Performance
| IPO Opening Date | 31 December 2024 |
| IPO Closing Date | 2 January 2025 |
| Finalization of Basis of Allotment | 3 January 2025 |
| Initiation of refunds | 6 January 2025 |
| Transfer of shares to demat accounts | 6 January 2025 |
| IPO Listing Date | 7 January 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Technichem Organics Offer Lead Manager
SHRENI SHARES LIMITED
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai – 400067, Maharashtra
Phone: 022 – 2089 7022
Email:Â [email protected]
Website:Â www.shreni.in
Technichem Organics Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Technichem Organics Contact Details
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
IPO FAQs
What is Technichem Organics offer size?
Technichem Organics offer size is INR 23.87 – 25.25 crores.
What is Technichem Organics offer price band?
Technichem Organics public offer price is INR 52 – 55 per share.
What is the lot size of Technichem Organics IPO?
Technichem Organics offer lot size is 2,000 shares.
What is Technichem Organics IPO GMP today?
Technichem Organics IPO GMP today is INR 10 per share.
What is Technichem Organics kostak rate today?
Technichem Organics kostak rate today is INR NA per application.
What is Technichem Organics Subject to Sauda rate today?
Technichem Organics’s Subject to Sauda rate today is INR 16,000 per application.
