31 Mar 2022
Assets44.17
Total Income67.79
Profit After Tax3.42
NET Worth13.16
Reserves and Surplus10.62
Total Borrowing10.17
At a glance
Updated 2026-08-24The shares listed at ₹57.25, a 4.09% move from the issue price. Technichem Organics is a SME IPO with an issue size of ₹25.25 crore, proposed for listing on BSE SME. The offer opens on 31st Dec 2024 and closes on 2nd Jan 2025. The issue structure includes a fresh issue of ₹23.86 crore. The current listing schedule points to 7th Jan 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹25.25 Cr
Fresh issue₹23.86 Cr
Face value₹10
Price band₹52.00–₹55.00
Allotment3rd Jan 2025
Listing7th Jan 2025
Listing performance
Full performance ↗Issue price₹55.00
Listing price₹57.25
Current price—
Listing gain4.09%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹17.00
GMP / upper price30.91%
Est. listing₹72.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens31st Dec 2024
Closes2nd Jan 2025
Allotment3rd Jan 2025
Refund6th Jan 2025
Demat6th Jan 2025
Listing7th Jan 2025
Subscription demand
Full bidding ↗NII / HNI425.09×
Total425.09×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹110,000 |
Company
Incorporated1996
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards setting up of a new plant named as “Plant –4”; | ₹7.04 Cr |
| Repayment or prepayment, in full or in part, of certain borrowings availed by the Company from banks, financial institutions and non-banking financial companies; | ₹10.24 Cr |
| General corporate purposes; | ₹5.26 Cr |
Financials
Full financials ↗31 Mar 2023
Assets44.25
Total Income51.02
Profit After Tax1.73
NET Worth14.89
Reserves and Surplus12.35
Total Borrowing15.62
31 Mar 2024
Assets52.47
Total Income46.97
Profit After Tax4.73
NET Worth19.62
Reserves and Surplus17.07
Total Borrowing17.64
30 Jun 2024
Assets57.43
Total Income14.88
Profit After Tax1.40
NET Worth21.03
Reserves and Surplus8.29
Total Borrowing16.58
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 27.39% |
| ROCE | 22.57% |
| Debt / Equity | 0.90% |
| RoNW | 24.09% |
| PAT Margin | 10.19% |
| Price to Book Value | 3.57 |
Valuation & shareholding
Pre-IPO EPS3.71
Post-IPO EPS2.73
Pre-IPO P/E14.81
Post-IPO P/E20.15
Promoter holding pre97.64%
Promoter holding post71.77%
Market cap₹95.27 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager fees including underwriting commission | ₹2.41 Cr |
| Brokerage, selling, commission and upload fees | ₹0.01 Cr |
| Registrar to the Issue | ₹0.02 Cr |
| Legal Advisors | ₹0.02 Cr |
| Advertising and Marketing expenses | ₹0.03 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and distribution of issue stationery | ₹0.01 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, peer review etc.) | ₹0.17 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Shreni Shares Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.