Minimum Investment
Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
₹1,10,000 | 1 | 2000 |
About Technichem Organics Limited
Incorporated in 1996, Technichem Organics Limited is engaged in the business of manufacturing a various range of chemicals, Speciality Chemicals, Pigment & Dye Intermediates and Air Oxidation Chemistry.
The company serves a variety of industries, including pharmaceuticals, agriculture, coatings, pigments, dyes, and more, showcasing the versatility of its products.
They focus on delivering high-quality, precise chemical compounds and raw materials tailored for agrochemical, coating, pharma, dye, pigment, and specialty chemical sectors, with all manufacturing done in-house.
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The company has an annual manufacturing capacity of 950,000 kg. It operates three plants at its facility, which covers an area of 26,079 square meters. The company has a global presence, operating in approximately 11 countries, with significant exports directed to China.
The company focuses on quality, environment, health, and safety, recognizing that maintaining high product standards is key to growth. Across its manufacturing facilities, the company has implemented quality systems covering all business processes, from manufacturing and supply chain to product delivery.
Business Model:
- Manufacturing of specialty chemicals and intermediates: Manufactures specialty chemicals, which are primarily chemical components that find use in agrochemicals, coating, pharma, dyes, and pigments.
- Custom manufacturing: The Company also can manufacture intermediates and other specialty chemicals on a make-to-order basis.
- Contract manufacturing/exclusive manufacturing: The company customizes products according to customer requirements and offers them under confidentiality agreements. Their product range includes pharmaceuticals, coating applications, specialty chemicals, and more.
As of June 30, 2024, the company has 72 employees.
Competitive Strengths:
- Multi-product capability
- Established infrastructure and integrated production with cost efficiencies
- Core Focus on consistent R&D, value engineering and to leverage complex chemistry and technology
- Focus on Quality, Environment, Health and Safety
- Experienced Promoters and management team
- Supply Chain Efficiency
- Long-standing relationships with diversified customers across geographies
Technichem Organics Limited IPO Details
IPO Date | December 31, 2024 to January 2, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹52 to ₹55 per share |
Lot Size | 2,000 Shares |
Total 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 |
IPO Open Date | Tuesday, December 31, 2024 |
IPO Close Date | Thursday, January 2, 2025 |
Basis of Allotment | Friday, January 3, 2025 |
Initiation of Refunds | Monday, January 6, 2025 |
Credit of Shares to Demat | Monday, January 6, 2025 |
Listing Date | Tuesday, January 7, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on January 2, 2025 |
Technichem Organics Limited IPO Prospectus
Technichem Organics Limited Financial Snapshot (in Lakhs)
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 5,743.17 | 5,247.32 | 4,424.63 | 4,416.56 |
Revenue | 1,487.89 | 4,696.84 | 5,101.97 | 6,778.63 |
Profit After Tax | 140.46 | 472.68 | 172.93 | 342.06 |
Net Worth | 2,102.5 | 1,962.04 | 1,489.36 | 1,316.43 |
Reserves and Surplus | 829.37 | 1,707.42 | 1,234.74 | 1,061.81 |
Total Borrowing | 1,658.31 | 1,763.94 | 1,562.15 | 1,017.26 |
Technichem Organics Limited Promoters Holding
Mr. Bharat Jayantilal Pandya and Mr. Pandya Anilkumar Jayantilal.
Technichem Organics Limited Contact Details
Technichem Organics Limited, 5th Floor, Malak Complex, Behind Old Gujarat High Court, Navrangpura, Ahmedabad 380009
Phone: 079-27543722
Email: investors@technichemorganics.com
Website: http://www.technichemorganics.com/