Technichem Organics Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,10,00012000

About Technichem Organics Limited

Incorporated in 1996, Technichem Organics Limited is engaged in the business of manufacturing a various range of chemicalsSpeciality 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 DateDecember 31, 2024 to January 2, 2025
Listing Date[.]
Face Value₹10 per share
Price Band₹52 to ₹55 per share
Lot Size2,000 Shares
Total 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
IPO Open DateTuesday, December 31, 2024
IPO Close DateThursday, January 2, 2025
Basis of AllotmentFriday, January 3, 2025
Initiation of RefundsMonday, January 6, 2025
Credit of Shares to DematMonday, January 6, 2025
Listing DateTuesday, January 7, 2025
Cut-off time for UPI mandate confirmation5 PM on January 2, 2025

Technichem Organics Limited IPO Prospectus

Technichem Organics Limited Financial Snapshot (in Lakhs)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets5,743.175,247.324,424.634,416.56
Revenue1,487.894,696.845,101.976,778.63
Profit After Tax140.46472.68172.93342.06
Net Worth2,102.51,962.041,489.361,316.43
Reserves and Surplus829.371,707.421,234.741,061.81
Total Borrowing1,658.311,763.941,562.151,017.26

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/

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