1. IPO
Technichem Organics IPO

266.87x

subscribed

Technichem Organics IPO

Chemicals
listed
₹1.04LMin. investment
  1. Pre-apply
    30 Dec
  2. Bid start
    31 Dec
  3. Bid end
    2 Jan
  4. Allotment
    3 Jan
  5. Release of funds
    6 Jan
  6. Demat transfer
    6 Jan
  7. Listing
    7 Jan

Technichem Organics Limited IPO Details

SectorChemicals
Price range₹52.00 – ₹55.00
IPO type
SME
Lot size2000 shares
Issue size₹25Cr
Red Herring Prospectus
Read
Market Cap
₹95.27CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹46.39CrLower than sector avg
Growth rate3Y CAGR
-11.54%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹46.39Cr
This sector
₹778.53Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹4.72Cr
This sector
₹63.39Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹95.27Cr
This sector
₹4,831.31Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
14.82
This sector
115.61
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.90
This sector
0.47
Compare with companies

Objectives

Business expansion
The company will spend ₹7.03 Cr to set up a new plant.
Debt repayment
The company will spend ₹10.23 Cr for repayment or prepayment of certain borrowings.
General corporate purposes
The company will use part of its net IPO proceeds for general corporate purposes.

About Technichem Organics Limited

Technichem Organics is a chemical manufacturer specializing in Pyrazoles, Pyrazolones, specialty chemicals, and intermediates for industries like pharmaceuticals and agriculture. With a global presence in 11 countries, the company offers high-quality, cost-effective solutions, emphasizing R&D and in-house production for quality control and regulatory compliance. Focused on sustainability, it utilizes green technologies and waste management systems. Headquartered in Gujarat, India, Technichem aims to lead the specialty chemicals market through innovation and ethical practices.

Technichem Organics IPO Subscription Status

Date
QIB
NII
Retail
Total
31-Dec-24
0.0 times (X)
6.07 times (X)
12.39 times (X)
5.25 times (X)
01-Jan-25
0.0X
29.59X
59.98X
25.43X
02-Jan-25
38.38X
972.06X
291.06X
266.87X

Latest News on Technichem Organics IPO

Frequently asked questions

How to invest in the Technichem Organics IPO ?

Investors can apply for the Technichem Organics IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Technichem Organics IPO ?

The issue size of the Technichem Organics IPO is 25 Cr.

What is 'pre-apply' for Technichem Organics IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Technichem Organics IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.