Technichem Organics Limited

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Technichem Organics Limited

Technichem Organics Limited is a chemical manufacturing company based in Gujarat, India, specializing in Pyrazoles, Pyrazolones, Specialty Chemicals, Pigment & Dye Intermediates, and Air Oxidation Chemistry. Operating from three production plants in Lunej, Anand District, the company supplies to a wide range of industries.

Price Band

₹52 - ₹55

Dates

31 Dec - 02 Jan

GMP

₹0 (0.00%)
Subscriptions

-

Issue Size

₹25.25 Crs
Technichem Organics IPO Key Dates
Opening Date

31 Dec 24

Closing Date

02 Jan 25

Basis Of Allotment

03 Jan 25

Initiations Of Refund

06 Jan 25

Credit Of Shares

06 Jan 25

Listing Date

07 Jan 25

Technichem Organics IPO Objects

  1. Capex towards setting up a new plant
  2. Repayment of certain borrowings availed by our Company
  3. General corporate purposes

Technichem Organics IPO Details
Price Band

₹52 - ₹55

Listing At

BSE SME
IPO Issue Type

100% Book Built Offer
Fresh Issue

₹25.25 Cr (0.46 Cr Shares)
Offer For Sale

₹0.00 (0.00 Shares)
Total Issue

₹25.25 Cr (0.46 Cr Shares)
Face Value

₹10 per equity share
Technichem Organics IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 2,000 1,10,000
Maximum 1 2,000 1,10,000
NII
Minimum 2 4,000 2,20,000
Technichem Organics IPO GMP

The estimated Grey Market Premium of Technichem Organics IPO is ₹0 per share (0.00%)

Category Allocation
Particulars Allocation
QIB Not more than 50% of Net Offer
NII Not less than 15% of Net Offer
Retail Not less than 35% of Net Offer
Market Maker 2,52,000 EQ Shares
Technichem Organics IPO Financials

(Rs. in crores)

Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 14.88 46.97 51.02 67.79
Profit after Tax 1.40 4.73 1.73 3.42
Net Worth 21.03 19.62 14.89 13.16
Total Borrowing 16.58 17.64 15.62 10.17
Total Assets 57.43 52.47 44.25 44.17
NAV per share (in ₹) 16.51 15.41 11.70 11.46
EPS - Basic (in ₹) 1.10 3.71 1.36 2.98

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
EBITDA 20.54%
PAT 10.19%
ROE 27.39%
RoNW 24.09%
Debt to Equity 0.90
PE Ratio 14.82
PB Ratio 3.57
Mkt Cap (in Crs.) 95.27
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Technichem Organics IPO Peer Comparision

(Rs. in crores)

Particulars Co. Ami Organics Anupam Rasayan India Chemcrux Enterprises
Revenue from Ops (in Crs.) 46.39 687.58 1,128.70 78.47
PAT (In Crs.) 4.73 43.68 117.29 9.11
EPS - Basic 3.71 11.91 10.84 5.70
NAV per share 15.41 183.05 249.26 48.79
RONW 24.09% 6.47% 4.29% 12.60%
EBITDA 20.54% 15.66% 27.20% 16.84%
PAT Margin 10.19% 6.35% 10.39% 11.61%
Price to earning (PE) 14.82 178.25 69.66 32.60
Debt to Equity 0.90 0.30 0.37 0.35
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 13, 2024 for Peers
Technichem Organics IPO Peer Comparision

(Rs. in crores)

Particulars Co.
Revenue from Ops (in Crs.) 46.39
PAT (In Crs.) 4.73
EPS - Basic 3.71
NAV per share 15.41
RONW 24.09%
EBITDA 20.54%
PAT Margin 10.19%
Price to earning (PE) 14.82
Debt to Equity 0.90
Ami Organics Anupam Rasayan India Chemcrux Enterprises
687.58 1,128.70 78.47
43.68 117.29 9.11
11.91 10.84 5.70
183.05 249.26 48.79
6.47% 4.29% 12.60%
15.66% 27.20% 16.84%
6.35% 10.39% 11.61%
178.25 69.66 32.60
0.30 0.37 0.35
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 13, 2024 for Peers
Promoter Details
Name Shareholding
Mr. Bharat Jayantilal Pandya 48.95%
Mr. Pandya Anilkumar Jayantilal 43.91%
Others 4.78%
Management Details
Name Designation
Mr. Bharat Jayantilal Pandya Chairman & MD
Mr. Narayansingh Jaisingh Deora CFO
Company Details

Name: Technichem Organics Limited

Address: 5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad – 380009, Gujarat, India

Number: +91-79-27543722

Email: investors@technichemorganics.com

Website: www.technichemorgan ics.com

Book Running Lead Managers (BRLMs)
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Technichem Organics IPO is a SME IPO having an issue size of Rs. ₹25.25 Crs. Technichem Organics IPO is priced at ₹52 - ₹55 per share. The issue opens on 31 Dec 24 and closes on 02 Jan 25.

Technichem Organics IPO opens on 31 Dec 24 and closes on 02 Jan 25.

The estimated Grey Market Premium of Technichem Organics IPO is ₹0 per share (0.00%).

The minimum lot size of Technichem Organics IPO is 2000 shares & the minimum application amount is Rs. 110000.

The allotment date of Technichem Organics IPO is 03 Jan 25.

The listing date of Technichem Organics IPO is 07 Jan 25.

Technichem Organics IPO is subscribed -.

Technichem Organics IPO is priced at ₹52 - ₹55 per share.

Click the allotment link on Technichem Organics IPO page of IPO360.

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  3. Enter your bid details and price
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  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
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  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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