Technichem Organics IPO GMP Live, Open Date, Price, Allotment Status

Technichem Organics IPO open date is on 31 December 2024 to 2 January 2025. This new IPO is a book-built issue of Rs 25.25 crore. This upcoming IPO is entirely a fresh issue of 45.90 lakh equity shares.

Technichem Organics IPO price band is Rs 52 to Rs 55 per share. Technichem Organics IPO GMP live is 9 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online. 

Technichem Organics IPO lot size is 2000 shares. The IPO allotment status live is to be finalised on January 3, 2025. The minimum investment for the retail investors for 1 lot is expected to be Rs 1,10,000. The registrar for the Technichem Organics IPO is Bigshare Services Private Limited. The IPO listing date is January 7, 2025.

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Technichem Organics IPO GMP Live 

Technichem Organics IPO GMP live is Rs 9 per share. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Technichem Organics IPO GMP might rise in the coming days. 

Technichem Organics IPO Price Band 

Technichem Organics IPO price band is Rs 52 to Rs 55 per share. The minimum amount of investment for the retail category is expected to be around Rs 1,10,000. The minimum investment for the NII is Rs 2,20,000.

Technichem Organics IPO Open Date, Close Date 

Technichem Organics IPO open date is 31 December 2024 and closing date is 2 January 2025. The initiation of the refund date is 6 January 2025, and the credit of shares will be on 6 January 2025.

Technichem Organics IPO Allotment Status Live 

Technichem Organics IPO allotment status live will be finalised on 3 January 2025. The listing will be on the BSE SME platform on 7 January, 2025. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Technichem Organics IPO Listing Date 

Technichem Organics IPO's listing date will be on January 7, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Technichem Organics IPO: Listing Date, Lot Size, Price Band

Technichem Organics Limited: About the Company

Technichem Organics Limited was incorporated in 1996, is engaged in the business of manufacturing a variety of chemicals. Also Speciality Chemicals, Pigment & Dye Intermediates and Air Oxidation Chemistry. 

Technichem Organics Limited serves a variety of industries, including pharmaceuticals, agriculture, coatings, pigments, dyes, and more. 

Technichem Organics Limited focuses on quality, environment, health, and safety, recognizing that maintaining high product standards is key to growth. Across its manufacturing facilities, the company has implemented quality systems covering all business processes, from manufacturing and supply chain to product delivery. 

The company’s business model is classified in 3 categories. 1) Manufacturing of specialty chemicals and intermediates. 2) Custom manufacturing 3) Contract Manufacturing.

Technichem Organics IPO Objectives 

The funds raised from Technichem Organics IPO will be used for funding the capital expenditure for setting up a new plant. The remaining money will be used for the repayment of the past borrowings and fulfilling general corporate purposes. 

Technichem Organics IPO: Key Dates, Allotment, Listing Date

Technichem Organics IPO Subscription Status Live 

Technichem Organics IPO subscription status will be available after the IPO opens on 31 December 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Technichem Organics IPO Promoter Holdings 

Technichem Organics IPO promoters are Bharat Jayantilal Pandya and Pandya Anilkumar Jayantilal. The promoters' shareholdings before the IPO were 97.64%; however, after the IPO, shareholdings will decline.

Technichem Organics Limited Company Financials

Technichem Organics Limited posted revenue of Rs 4,696.84 crore and net profit of Rs 472.68 crore for the period ending on 31 March 2024. The company’s revenue decreased by -8% and PAT increased by 173% between the FY ending on 31 March 2024 and 31 March 2023. 

Technichem Organics IPO Registrar

Technichem Organics IPO registrar is Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status. 

Technichem Organics IPO Lead Managers 

Technichem Organics IPO lead managers are Shreni Shares Limited. 

How to apply to Technichem Organics IPO

Interested investors can apply to the Technichem Organics IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Technichem Organics IPO Review 

Technichem Organics IPO may get a positive response from the general public. The company is involved in the chemical business. So, investors interested in the chemical sector can apply to this IPO.  

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Technichem Organics IPO GMP live will also rise.  

Technichem Organics IPO FAQ 

1. What are the details of the Technichem Organics IPO? 

Technichem Organics IPO is a book-built issue of Rs 25.25 crore. This upcoming IPO is entirely a fresh issue of 45.90 lakh equity shares. 

2. When will the Technichem Organics IPO open and close?

Technichem Organics IPO open date is 31 December 2024 and closing date is 2 January 2025. The initiation of the refund date is 6 January 2025, and the credit of shares will be on 6 January 2025.

3. What is Technichem Organics IPO GMP Today?

Technichem Organics IPO GMP live is Rs 9 per share. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Technichem Organics IPO GMP might rise in the coming days.

4. What are the details of Technichem Organics IPO Subscription Status Live?

Technichem Organics IPO subscription status will be available after the IPO opens on 27 December 2024. In the QIB category 75% of the net offer is reserved. The remaining 15% is reserved for the retail investors and 10% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status Live?

Technichem Organics IPO allotment status live will be finalised on 3 January 2025. The listing will be on the BSE SME platform on 7 January, 2025. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Technichem Organics IPO?

Technichem Organics IPO registrar is Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Shreni Shares Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?