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Technichem Organics IPO
266.87xsubscribed

Technichem Organics IPO

Chemicals
listed
₹1.04LMin. investment

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%

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

As on 31-Dec-24, 5:50 PM

Technichem Organics IPO Timeline

  1. Pre-apply
    30 Dec 2024
  2. Bid start
    31 Dec 2024
  3. Bid end
    2 Jan 2025
  4. Allotment
    3 Jan 2025
  5. Release of funds
    6 Jan 2025
  6. Demat transfer
    6 Jan 2025
  7. Listing
    7 Jan 2025

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.

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

Objectives of Technichem Organics Limited IPO

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.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹46.39Cr-11.54%₹4.72Cr₹95.27Cr14.820.90
This sector (avg.)₹778.53Cr0%₹63.39Cr₹4,831.31Cr115.610.47
₹13,140.31Cr---₹2,096.17Cr₹1,45,645.1Cr65.540.05
₹7,540.26Cr---₹1,287.93Cr₹1,21,980.6Cr92.360.22
₹14,693.07Cr---₹1,250.78Cr₹83,482.13Cr46.920.37

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Technichem Organics IPO Contact Details

Company NameTechnichem Organics Limited

How to apply for Technichem Organics 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.

Technichem Organics Limited IPO FAQs