Technichem Organics Limited, a specialty chemicals manufacturer, is launching its Initial Public Offering (IPO) from December 31, 2024, to January 2, 2025.
Technichem Organics IPO Details
Price Band: ₹52 to ₹55 per share
Issue Size: Approximately ₹25.25 crores
Listing: Expected on January 7, 2025
Technichem Organics Lot Size
Minimum Application: 2,000 shares (₹1,10,000)
Retail Quota: 35%
QIB Quota: 50%
NII Quota: 15%
Financial Performance
FY 2024: Revenue of ₹46.39 crores. Net Profit: ₹4.73 crores
FY 2023: Revenue of ₹50.36 crores. Net Profit: ₹1.73 crores
The company has shown an improvement in net profit margin, reaching 10.19% in FY 2024.
Technichem Organics IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE | 27.39% |
| ROCE | 22.57% |
| EBITDA Margin | 20.54% |
| PAT Margin | 10.19% |
| Debt to equity ratio | 0.90 |
| Earning Per Share (EPS) | ₹3.71 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 24.09% |
| Net Asset Value (NAV) | ₹15.41 |
Company Overview:
Established in 1996, Technichem Organics Limited specializes in manufacturing a wide range of chemicals, including pyrazoles, pyrazolones, specialty chemicals, and pigments. The company serves multiple industries such as pharmaceuticals, agriculture, coatings, and dyes, with a presence in 11 countries. It operates three manufacturing plants with a combined annual production capacity of 950,000 kg.
FAQ
What is the Technichem Organics Limited IPO?
Technichem Organics Limited IPO is a Small and Medium Enterprise (SME) Initial Public Offering (IPO) aiming to raise approximately ₹25.25 crores through the issuance of fresh equity shares.
When will the Technichem Organics IPO open and close?
The IPO is scheduled to open on December 31, 2024, and close on January 2, 2025.
What is the price band for the Technichem Organics IPO?
The price band for the IPO is set between ₹52 and ₹55 per equity share.
What is the lot size for the Technichem Organics IPO?
How can I apply for the Technichem Organics IPO?
Investors can apply for the IPO through their stockbroker or banking applications that provide IPO investment services. Ensure your demat and trading accounts are active.
On which stock exchange will the shares be listed?
The shares are proposed to be listed on the BSE SME platform.
Who is the registrar for the Technichem Organics IPO?
The registrar for the IPO is Bigshare Services Pvt Ltd.