Technichem Organics IPO opens on December 31, 2024, and closes on January 2, 2025. This is a Book Built Issue IPO. The company aims to raise ₹25.25 crores through the IPO, which consists of a fresh issue of ₹25.25 crores. The IPO price band is ₹52 to ₹55 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. The IPO is set to list on BSE on January 7, 2025. The allotment date for the IPO is January 3, 2025. The company reported a revenue of ₹46.39 crores in 2024 compared to ₹50.36 crores in 2023. Technichem Organics posted a profit of ₹4.73 crores in 2024, up from ₹1.73 crores in 2023. As per the financials, this IPO is recommended for long-term investments.
Technichem Organics IPO Details
Field
Value
ipo title
Technichem Organics BSE SME
status
Listed
gain percentage
4.09%
subscription
425.09x
price
55
gmp
17
est listing
72 (30.91%)
ipo size
₹ 25.25 Cr
Technichem Organics IPO Dates
Field
Value
lot
2,000
open
31-Dec
close
02-Jan
boa dt
03-Jan
listing
07-Jan
Technichem Organics IPO Financial Report
In 2024, Technichem Organics reported a revenue of ₹46.39 crores compared to ₹50.36 crores in 2023. The company's profit increased to ₹4.73 crores in 2024, from ₹1.73 crores in 2023.
Financial Year
2022
2023
2024
Revenue
₹67.02
₹50.36
₹46.39
Expense
₹63.14
₹48.64
₹40.52
Profit
₹3.42
₹1.73
₹4.73
Total Assets
₹44.17
₹44.25
₹52.47
About Technichem Organics IPO
Technichem Organics Limited was founded in 1996 and has over 25 years of experience in manufacturing chemicals, specialty chemicals, pyrazoles, pigments, and other products. The company serves multiple industries such as pharmaceuticals, agriculture, coatings, and dyes, and operates in 11 countries, gaining valuable market insight. Technichem Organics has a manufacturing capacity of 950,000 kg per year and operates three factory plants covering 26,079 square meters. The company adheres to strict quality control standards and industry best practices to maintain high reliability and credibility.
Technichem Organics IPO Registrar
Bigshare Services Private Limited
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Address
Technichem Organics Limited
5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad, Gujarat-380009, India
Phone: +91-79-27543722
E-mail: investors@technichemorganics.com
Website: www.technichemorganics.com
Technichem Organics IPO FAQs
What is Technichem Organics IPO?
Technichem Organics IPO is an SME IPO aimed at raising ₹25.25 Crores at a price band of ₹52 to ₹55 per share. The IPO will be listed on BSE.
When will Technichem Organics IPO open for subscription?
The IPO will open on December 31, 2024, and close on January 2, 2025.
What is Technichem Organics IPO Investors' Portion?
The allocation is 50% for QIB, 15% for HNI, and 35% for Retail investors.
How to apply for Technichem Organics IPO?
You can apply for Technichem Organics IPO via ASBA online using your bank account or UPI through your stock brokers. Offline applications via brokers are also available.
What is Technichem Organics IPO Issue Size?
The issue size is ₹25.25 crores.
What is Technichem Organics IPO Price Band?
The price band is ₹52 to ₹55.
What is Technichem Organics IPO Lot Size?
The minimum bid size is 2,000 shares, requiring an investment of ₹1,10,000.
What is the Technichem Organics IPO Allotment Date?
The allotment date is January 3, 2025.
What is the Technichem Organics IPO Listing Date?
The IPO will be listed on January 7, 2025, on BSE.
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