Technichem Organics Limited
Technichem Organics Limited
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹52 - ₹55

Total Issue

₹25 Cr

Bid Dates

31 Dec - 02 Jan

Subscription

0.00x

Listing Price

₹60 (9.09%)

Website RHP Check Allotment

Valuation

Market Cap

₹95.27 Cr

P/E Ratio

14.82x

P/B Ratio

3.57x

Technichem Organics IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

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Business Overview

Technichem Organics Limited is a chemical manufacturing company based in Gujarat, India, specializing in Pyrazoles, Pyrazolones, Specialty Chemicals, Pigment & Dye Intermediates, and Air Oxidation Chemistry. Operating from three production plants in Lunej, Anand District, the company supplies to a wide range of industries.

Technichem Organics IPO Lot Size

Lot Information for Technichem Organics IPO
Category Lots Shares Amount
Ind (Min) 1 2,000 ₹1,10,000
Ind (Max) 1 2,000 ₹1,10,000
S-HNI (Min) 2 4,000 ₹2,20,000
S-HNI (Max) 9 18,000 ₹9,90,000
B-HNI (Min) 10 20,000 ₹11,00,000
Allocate Funds
Market Maker
2,52,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Technichem Organics IPO Size

Total ₹25 Cr
Fresh Issue
₹25 Cr (0.46 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Capex towards setting up a new plant
  2. Repayment of certain borrowings availed by our Company
  3. General corporate purposes

Technichem Organics IPO Live Subscription

Updated as on Last updated time: N/A

Technichem Organics IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 0.00x 8,68,000 0
NII 0.00x 6,52,000 0
Retail 0.00x 15,20,000 0
Total 0.00x 30,40,000 0

Technichem Organics IPO Details Live GMP

GMP ₹0
Est. Price ₹55
Est. Gain 0.00%

Technichem Organics IPO Peer Comparison

(Rs. in crores)

Technichem Organics IPO Peer Comparison Table
Particulars Co. Ami Organics Anupam Rasayan India Chemcrux Enterprises
Revenue from Ops (in Crs.) 46.39 687.58 1,128.70 78.47
PAT (In Crs.) 4.73 43.68 117.29 9.11
EPS - Basic 3.71 11.91 10.84 5.70
NAV per share 15.41 183.05 249.26 48.79
RONW 24.09% 6.47% 4.29% 12.60%
EBITDA 20.54% 15.66% 27.20% 16.84%
PAT Margin 10.19% 6.35% 10.39% 11.61%
Price to earning (PE) 14.82 178.25 69.66 32.60
Debt to Equity 0.90 0.30 0.37 0.35
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 13, 2024 for Peers

Technichem Organics IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Technichem Organics IPO
Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 14.88 46.97 51.02 67.79
Profit after Tax 1.40 4.73 1.73 3.42
Net Worth 21.03 19.62 14.89 13.16
Total Borrowing 16.58 17.64 15.62 10.17
Total Assets 57.43 52.47 44.25 44.17
NAV per share (in ₹) 16.51 15.41 11.70 11.46
EPS - Basic (in ₹) 1.10 3.71 1.36 2.98

Key Performance Indicators (KPIs)

EBITDA

20.54%

PAT

10.19%

ROE

27.39%

RoNW

24.09%

Debt to Equity

0.90

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

4.78%

Public

95.22%

Mr. Bharat Jayantilal Pandya 48.95%
Mr. Pandya Anilkumar Jayantilal 43.91%

Management

Mr. Bharat Jayantilal Pandya
Chairman & MD
Mr. Narayansingh Jaisingh Deora
CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Lead Managers (1)

Shreni Shares

Company Details

Name: Technichem Organics Limited

Address: 5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad – 380009, Gujarat, India

Number: +91-79-27543722

Email: investors@technichemorganics.com

Website: www.technichemorgan ics.com

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Frequently Asked Questions (FAQs)

What is Technichem Organics IPO?
Technichem Organics IPO is a SME IPO having an issue size of ₹25 Crs. Technichem Organics IPO is priced at ₹52 - ₹55 per share. The issue opens on 31 Dec 24 and closes on 02 Jan 25.
When will Technichem Organics IPO open?
Technichem Organics IPO opens on 31 Dec 24 and closes on 02 Jan 25.
What is the GMP of Technichem Organics IPO?
The estimated Grey Market Premium of Technichem Organics IPO is ₹0 per share (0.00%).
What is the lot size of Technichem Organics IPO?
The minimum lot size of Technichem Organics IPO is 2000 shares & the minimum application amount is Rs. 110000.
When is the allotment of Technichem Organics IPO?
The allotment date of Technichem Organics IPO is 03 Jan 25.
What is the listing date of Technichem Organics IPO?
The listing date of Technichem Organics IPO is 07 Jan 25.
What is the subscription of Technichem Organics IPO?
Technichem Organics IPO is subscribed - times.
What is the price band of Technichem Organics IPO?
Technichem Organics IPO is priced at ₹52 - ₹55 per share.
How to check allotment status of Technichem Organics IPO?
Click the allotment link on Technichem Organics IPO page of IPO360.
How to apply Technichem Organics IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Technichem Organics IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Technichem Organics IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Technichem Organics IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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