Technichem Organics Limited (BSE SME)

Dec 31, 2024 - Jan 2, 2025

Price ₹52 - ₹55
Premium ₹17
Lot size 2000
Allotment Jan 3, 2025
Listing Jan 7, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 2000 110000 760
HNI 2 4000 220000 326

Last updated on 02-Jan-2025 19:01:03

CategoryOfferedAppliedTimes
QIBs86800088092000101.49
HNIs6520007036920001079.28
Retail1520000500730000329.43
Total30400001292514000425.17
Total Applications: 312222
QIB Interest Cost Per Share (7 Days)
@7%
₹7.5
@8%
₹8.6
@9%
₹9.6
@10%
₹10.7
@11%
₹11.8
@12%
₹12.8
HNI Interest Cost Per Share (7 Days)
@7%
₹79.7
@8%
₹91.1
@9%
₹102.5
@10%
₹113.8
@11%
₹125.2
@12%
₹136.6
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.12%1520000
NII (HNI)14.20%652000
Anchor28.28%1298000
QIB18.91%868000
Market Maker5.49%252000
Total 100.00%4590000

Technichem Organics IPO Details

Issue Size45,90,000 shares
(aggregating up to ₹25.25 Cr)
Fresh Issue45,90,000 shares
(aggregating up to ₹ 25.25 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share Holding Pre Issue1,27,31,250 shares
Share Holding Post Issue1,73,21,250 shares
Market Maker Portion2,52,000 shares
Market MakerShreni Shares Limited

Key Performance Indicator

KPIJun-24Mar-24Mar-23
ROE27.65%27.39%12.33%
RONW6.68%24.09%11.61%
D/E0.790.91.05
EPS
(basic)
1.13.71.4
P/E
Pre IPO
14.81
P/E
Post IPO
20.15

Company Financials In Lakhs.

Period EndedJun-24Mar-24Mar-23Mar-22
Assets5,7435,2474,4254,417
Revenue1,4884,6975,1026,779
Profit After Tax140473173342
Net Worth2,1031,9621,4891,316
Reserves and Surplus8291,7071,2351,062
Total Borrowing1,6581,7641,5621,017

About Company

Incorporated in 1996, Technichem Organics Limited specializes in manufacturing a diverse range of chemicals, including specialty chemicals, pigment and dye intermediates, and air oxidation chemistry products. Catering to industries such as pharmaceuticals, agriculture, coatings, and dyes, the company operates with an annual production capacity of 950,000 kg across three in-house plants spanning 26,079 square meters. With a global presence in 11 countries and significant exports to China, Technichem prioritizes quality, environment, health, and safety through robust systems integrated into its manufacturing and supply chain processes, ensuring consistent delivery of high-standard chemical solutions.

Lead Manager(s)

Shreni Shares Limited 

Strength

Diversified Product Portfolio: Offers a broad range of chemical products catering to industries like pharmaceuticals, agriculture, coatings, pigments, and dyes.

Integrated Manufacturing: Operates efficient, in-house production facilities ensuring cost-effectiveness and quality control.

Global Reach: Established presence in 11 countries, with strong export relationships, particularly in China.

Weakness

Dependence on Key Customers: Reliance on a few key customers without long-term contracts poses a risk of revenue loss if relationships are disrupted.

Supplier Dependency: Dependence on a single supplier for raw materials, coupled with the absence of long-term agreements, could lead to cost increases or supply disruptions.

Litigation Risks: Ongoing legal proceedings could negatively impact the company's reputation, financial health, and operational results if outcomes are unfavorable.

Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/IPO_Status.html