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Technichem Organics Limited IPO (Technichem Organics Limited IPO ) Details

Technichem Organics Limited

Technichem Organics Limited IPO 's overview

Technichem Organics Limited IPO is a book built issue of ₹25.25 Cr (25,24,50,000). The issue includes a fresh issue of 45.90 Lakh (45,90,000) shares aggregating to ₹25.25 Cr (25,24,50,000).

Technichem Organics Limited IPO is open for subscription on Dec 31, 2024 and closes on Jan 02, 2025. The allotment for Technichem Organics Limited IPO is expected to be finalized on Jan 03, 2025. The shares will list on NSE, BSE with tentative listing date fixed as Jan 07, 2025.

Technichem Organics Limited IPO price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1.04 Lakh (1,04,000).

Refer to Technichem Organics Limited IPO RHP for detailed information.

  • IPO date

    Dec 31,2024 - Jan 02,2025

  • Listing Date

    Jan 07,2025

  • Face value

    10

  • Price Band

    52 to ₹55 per share

  • Lot

    2000 Shares

  • Total Issue Size

    45.90 Lakh (45,90,000)

    aggregating up to 25.25 Cr (25,24,50,000)

  • Fresh Issue

    45.90 Lakh (45,90,000)

    aggregating up to ₹25.25 Cr (25,24,50,000)

  • Issue Type

    Book Building

  • IPO Type

    SME
  • Listing At

    NSEBSE

  • Pre Issue Size

    1.27 Cr (1,27,31,250)

  • Post Issue Size

    1.73 Cr (1,73,21,250)

  • Tue, Dec 31, 2024

    IPO Open

  • Thu, Jan 02, 2025

    IPO Close

  • Fri, Jan 03, 2025

    Basis of Allotment

  • Mon, Jan 06, 2025

    Initiation of Refunds

  • Mon, Jan 06, 2025

    Credit of Shares to Demat

  • Tue, Jan 07, 2025

    Listing

Technichem Organics Limited IPO Day-wise IPO GMP Trend

Technichem Organics Limited IPO last GMP is ₹16, last updated Jan 06,2025. With the price band of 55.00, Technichem Organics Limited IPO 's estimated listing price is ₹71 (cap price + today's GMP).The expected percentage gain/loss per share is 29.09%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
06-Jan-2555.0016
71(29.09%)6-Jan-2025 13:53
05-Jan-2555.0015
70(27.27%)5-Jan-2025 22:25
04-Jan-2555.0015
70(27.27%)4-Jan-2025 22:30
03-Jan-2555.0015
70(27.27%)3-Jan-2025 22:26
02-Jan-2555.0015
70(27.27%)2-Jan-2025 22:23
01-Jan-2555.0015
70(27.27%)1-Jan-2025 22:30
31-Dec-2455.0015
70(27.27%)31-Dec-2024 22:30
30-Dec-2455.0011
66(20.00%)30-Dec-2024 22:30
29-Dec-2455.0011
66(20.00%)29-Dec-2024 22:23
28-Dec-2455.0011
66(20.00%)28-Dec-2024 19:55
27-Dec-2455.0011
66(20.00%)27-Dec-2024 22:25
26-Dec-2455.0011
66(20.00%)26-Dec-2024 22:25
25-Dec-2455.0011
66(20.00%)25-Dec-2024 22:30
24-Dec-2455.000
55(0.00%)24-Dec-2024 22:26

Technichem Organics Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

12,0001.10 Lakh (1,10,000)

Retail(Max)

12,0001.10 Lakh (1,10,000)

SHNI(Min)

24,0002.20 Lakh (2,20,000)

Technichem Organics Limited IPO Financial Information (Restated Consolidated)

LabelJun 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets5,743.175,247.324,424.634,416.56
Revenue1,487.894,696.845,101.976,778.63
Profit After Tax140.46472.68172.93342.06
Net Worth2,102.51,962.041,489.361,316.43
Reserves and Surplus829.371,707.421,234.741,061.81
Total Borrowing1,658.311,763.941,562.151,017.26
Technichem Organics Limited Financial Information

About Technichem Organics Limited

Incorporated: 1996
Industry: Specialty Chemicals and Intermediates


Key Business Highlights

  1. Core Operations:

    • Manufacturing a wide range of specialty chemicals, pigment and dye intermediates, and air oxidation chemistry products.
    • In-house production tailored for pharmaceuticals, agriculture, coatings, dyes, and pigments industries.
  2. Manufacturing Capability:

    • Annual production capacity of 950,000 kg.
    • Operates three plants across a facility covering 26,079 square meters.
  3. Global Presence:

    • Operates in 11 countries, with significant export volumes directed to China.
  4. Quality Commitment:

    • Comprehensive quality systems integrated across manufacturing, supply chain, and delivery processes.
    • Focus on environmental, health, and safety standards for sustainable growth.

Business Model

  1. Specialty Chemicals and Intermediates Manufacturing:

    • Produces components used in agrochemicals, coatings, pharmaceuticals, dyes, and pigments.
  2. Custom Manufacturing:

    • Offers make-to-order production of intermediates and specialty chemicals.
  3. Contract/Exclusive Manufacturing:

    • Customizes products based on client needs under confidentiality agreements for industries like pharmaceuticals, coatings, and specialty chemicals.

Competitive Strengths

  1. Multi-Product Capability:

    • Expertise in manufacturing a diverse range of chemical products.
  2. Integrated Infrastructure:

    • Cost-efficient production with advanced facilities and processes.
  3. Research & Development Focus:

    • Continuous innovation leveraging complex chemistry and value engineering.
  4. Quality and Safety Standards:

    • Emphasis on maintaining high standards across all operations.
  5. Experienced Leadership:

    • Guided by Mr. Bharat Jayantilal Pandya and Mr. Anil Jayantilal Pandya, who bring decades of industry expertise.
  6. Supply Chain Efficiency:

    • Robust supply chain ensures timely delivery and cost optimization.
  7. Diversified Customer Relationships:

    • Long-standing partnerships with clients across various geographies.

Strategic Focus

  • Innovation and R&D:

    • Investing in advanced technologies to enhance product offerings.
  • Global Market Expansion:

    • Strengthening presence in existing markets and exploring new opportunities.
  • Sustainability:

    • Implementing eco-friendly processes while adhering to health and safety standards.
  • Customized Solutions:

    • Tailoring products to meet the unique requirements of clients across industries.

Key Achievements

  • Industry Experience:

    • Over 25 years of expertise in manufacturing specialty chemicals and intermediates.
  • Global Reach:

    • Established operations in 11 countries with a significant export footprint.
  • Manufacturing Excellence:

    • High production capacity of 950,000 kg annually, supported by advanced facilities.

Conclusion

Technichem Organics Limited has positioned itself as a trusted manufacturer of specialty chemicals, pigment intermediates, and dye intermediates with a strong focus on quality, innovation, and sustainability. With its global presence, robust manufacturing capabilities, and experienced leadership, the company is well-equipped to meet diverse industry needs while fostering long-term partnerships and driving sustainable growth.

Technichem Organics Limited IPO 's documents

Technichem Organics Limited Contact Details

5th Floor, Malak Complex,
Behind Old Gujarat High Court,
Navrangpura, Ahmedabad 380009
Phone: 079-27543722
Email[email protected]
Websitehttp://www.technichemorganics.com/

 

Technichem Organics Limited IPO 's Promoters

The promoters of the company are Mr. Bharat Jayantilal Pandya, and Mr. Pandya Anilkumar Jayantilal

Technichem Organics Limited IPO Registrar