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
Category | Offered | Applied | Times |
---|---|---|---|
QIBs | 868000 | 88092000 | 101.49 |
HNIs | 652000 | 703692000 | 1079.28 |
Retail | 1520000 | 500730000 | 329.43 |
Total | 3040000 | 1292514000 | 425.17 |
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 |
IPO Reservation
Investor Category | Shares Offered | No. of Shares |
---|---|---|
Retail | 33.12% | 1520000 |
NII (HNI) | 14.20% | 652000 |
Anchor | 28.28% | 1298000 |
QIB | 18.91% | 868000 |
Market Maker | 5.49% | 252000 |
Total | 100.00% | 4590000 |
Technichem Organics IPO Details
Issue Size | 45,90,000 shares (aggregating up to ₹25.25 Cr) |
Fresh Issue | 45,90,000 shares (aggregating up to ₹ 25.25 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,27,31,250 shares |
Share Holding Post Issue | 1,73,21,250 shares |
Market Maker Portion | 2,52,000 shares |
Market Maker | Shreni Shares Limited |
Key Performance Indicator
KPI | Jun-24 | Mar-24 | Mar-23 |
---|---|---|---|
ROE | 27.65% | 27.39% | 12.33% |
RONW | 6.68% | 24.09% | 11.61% |
D/E | 0.79 | 0.9 | 1.05 |
EPS (basic) | 1.1 | 3.7 | 1.4 |
P/E Pre IPO | 14.81 | ||
P/E Post IPO | 20.15 |
Company Financials In Lakhs.
Period Ended | Jun-24 | Mar-24 | Mar-23 | Mar-22 |
---|---|---|---|---|
Assets | 5,743 | 5,247 | 4,425 | 4,417 |
Revenue | 1,488 | 4,697 | 5,102 | 6,779 |
Profit After Tax | 140 | 473 | 173 | 342 |
Net Worth | 2,103 | 1,962 | 1,489 | 1,316 |
Reserves and Surplus | 829 | 1,707 | 1,235 | 1,062 |
Total Borrowing | 1,658 | 1,764 | 1,562 | 1,017 |
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.
Shreni Shares Limited
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.
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.
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com