Technichem Organics Limited
Technichem Organics Limited
Price Band
₹52 - ₹55
Total Issue
₹25.25 Cr
Bid Dates
31 Dec - 02 Jan
Subscription
x
Est. GMP
₹0 (0.00%)
Tentative Timetable
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 2,000 | ₹1,10,000 |
| Individual (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 |
Issue Size
Objects of Issue
- Capex towards setting up a new plant
- Repayment of certain borrowings availed by our Company
- General corporate purposes
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Technichem Organics IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
20.54%
PAT
10.19%
ROE
27.39%
RoNW
24.09%
Debt to Equity
0.90
PE Ratio
14.82
PB Ratio
3.57
Mkt Cap (in Crs.)
95.27
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
4.78%
Public
95.22%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | 0.00x | 30,40,000 | 0 |
Frequently Asked Questions
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How to apply Technichem Organics IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Technichem Organics IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Technichem Organics IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Technichem Organics IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date