TECHNICHEM ORGANICS LIMITED

31 Dec 2024 - 02 Jan 2025 Individual Category SME BSE

Min Investment

₹110000

Price Band

₹52-₹55

Issue Size

32.92 lakhs
Equity Shares

Lot Size

2000

IPO Dates
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31 Dec 2024

Open Date

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02 Jan 2025

Close Date

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03 Jan 2025

Allotment Date

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07 Jan 2025

Listing Date

Technichem Organics IPO open date is on 31 December 2024 to 2 January 2025. This new IPO is a book-built issue of 45.90 lakh equity shares. 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 11 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.

Know Before Investing

Strengths icon

  • Multi-product manufacturing capability with in-house production facilities.
  • Global presence across 11 countries with significant exports.
  • Strong R&D focus with complex chemistry expertise.

Weaknesses icon

  • High dependence on Chinese market for exports.
  • Moderate production capacity of 950000 kg annually.
  • Limited employee base of 72 staff for global operations.

About Technichem Organics Limited

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.

Founded

1996

Managing Director

Mr.Bharat Jayantilal Pandya

Parent Organization

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.

Company Promoters

Mr. Bharat Jayantilal Pandya

Mr. Pandya Anilkumar Jayantilal

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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