Technichem Organics Limited
Bookbuilding IPO · BSE
- Price band
- ₹52 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹0 cr
- Total subscription
- 425.17×
- Opens
- 31 Dec 2024
- Closes
- 2 Jan 2025
- Allotment
- 3 Jan 2025
- Listing
- 7 Jan 2025
Offer at a glance
Issue overview
- Issue size
- 45,90,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,04,000
- Fresh issue
- ₹25.25 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,10,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,27,31,250
- Shares after issue
- 1,73,21,250
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.77 | 0 |
| RETAIL | 8.36 | 0 |
Financial performance
Company financials
In Lakhs. · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.1 | 3.7 | 1.4 |
| ROE | 27.65 | 27.39 | 12.33 |
| ROCE | 0 | 0 | 0 |
| RONW | 6.68 | 24.09 | 11.61 |
| PRE IPO (PE) | 0 | 14.81 | 0 |
| POST IPO (PE) | 0 | 20.15 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1996, Technichem Organics Limited is a manufacturer of specialty chemicals, pigment and dye intermediates, and air oxidation chemistry products, serving industries such as pharmaceuticals, agriculture, coatings, and dyes. Operating across three in-house plants with an annual capacity of 950,000 kg on 26,079 square meters, the company has a global presence in 11 countries, with significant exports to China. Technichem emphasizes quality, environment, health, and safety through integrated systems to ensure consistent, high-standard chemical solutions.
Strengths
- Diversified Product Portfolio: Wide range of chemicals serving pharmaceuticals, agriculture, coatings, pigments, and dyes.
- Integrated Manufacturing: In-house production ensures efficiency, cost-effectiveness, and consistent quality.
- Global Reach: Presence in 11 countries with strong export relationships, especially in China.
Risk factors
- Dependence on Key Customers: Revenue is highly reliant on a few major customers without long-term contracts.
- Supplier Dependency: Single-supplier reliance for raw materials may cause supply disruptions or cost escalations.
- Litigation Risks: Ongoing legal cases could harm reputation, financial performance, and operations if outcomes are adverse.
Promoters
Mr. Bharat Jayantilal Pandya
Mr. Pandya Anilkumar Jayantilal
Registrar & documents
Lead manager
Shreni Shares Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad, Gujarat-380009, India
+91-79-27543722
[email protected]Understanding TECHNICHEM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.