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Phychem Technologies IPO
20.45xsubscribed

Phychem Technologies IPO

Plastic Products
listed
₹2.04LMin. investment

Phychem Technologies Limited IPO Details

SectorPlastic Products
Price range₹51.00 – ₹54.00
IPO type
SME
Lot size2000 shares
Issue size₹15Cr
Red Herring Prospectus
Read
Market cap
₹55.3CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹56.47CrLower than sector avg
Growth rate3Y CAGR
9.65%

Phychem Technologies IPO Subscription Status

Date
QIB
NII
Retail
Total
31-Aug-26
3.54 times (X)
0.63 times (X)
0.25 times (X)
1.26 times (X)
01-Sep-26
3.54X
1.67X
1.36X
2.05X
02-Sep-26
4.33X
42.89X
19.93X
20.45X

As on 31-Aug-26, 5:01 PM

Phychem Technologies IPO Timeline

  1. Pre-apply
    28 Aug 2026
  2. Bid start
    31 Aug 2026
  3. Bid end
    2 Sep 2026
  4. Allotment
    3 Sep 2026
  5. Release of funds
    4 Sep 2026
  6. Demat transfer
    4 Sep 2026
  7. Listing
    7 Sep 2026

About Phychem Technologies Limited

Phychem Technologies is involved in the production of rotational moulding compounds, which act as the major raw material used in the production of hollow plastic goods through the rotational moulding technique. The product line of the company mainly includes customised polyethene-based compounds produced using LLDPE, HDPE and speciality additives in powder or granulated form for rotational moulding companies.
The manufacturing plant of the company is situated in Nashik, Maharashtra, and operates on a lease basis. The company exports its products to about 21 countries. During FY26, the company sold its products to about 24 international and about 265 domestic clients. The company also produces customised moulded tanks and offers job works like rotolining and toll pulverising.
The company’s revenue comes mainly from manufacturing with 92.6% contribution in FY26, whereas trading has 7.1% and services contribute 0.2%. The major products of the company include colour powders, contributing to 45.5% of sales, followed by stone effect and PE foam compounds.
Geographically, domestic sales account for 76.6% of the total revenue during FY26. Out of this, 54.6% comes from Maharashtra, followed by Karnataka and Gujarat, whereas the export revenue has declined from 31.1% in FY24 to 23.3% in FY26 and comes from exports to Guinea, Mauritius and Cameroon.

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Objectives of Phychem Technologies Limited IPO

Capital expenditure
35.30%
The company will utilise ₹5.14 crore for procurement of plant and machinery
General corporate purposes
26.90%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses.
Working capital
20.50%
The company will utilise ₹3 crore to meet the working capital requirements.
Repayment of loan
17.10%
The company will utilise ₹2.50 crore for repayment of the borrowings.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹56.47Cr9.65%₹4.09Cr₹55.3Cr9.960.43
This sector (avg.)₹428.83Cr0%₹23.13Cr₹1,429.77Cr52.170.88
₹10,446.25Cr---₹960.88Cr₹44,630.89Cr54.800.01
₹5,832.4Cr---₹518.9Cr₹39,668.88Cr77.840.06
₹4,141.97Cr---₹800.03Cr₹10,908.91Cr22.710.04

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Phychem Technologies IPO Contact Details

Company NamePhychem Technologies Limited

How to apply for Phychem Technologies IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Phychem Technologies Limited IPO FAQs