Technichem Organics Limited IPO GMP

Technichem Organics Ltd. is the manufacturer and exporter of the intermediates for multiple applications since 1996. The Company is mainly engaged in the business of manufacturing of a wide range of chemicals, Pyrazoles, Pyrazolones, Speciality Chemicals, Pigment & Dye Intermediates and Air Oxidation Chemistry that serves multiple industries, including pharmaceuticals, agriculture, coatings, pigments, dyes and others.

Technichem Organics, an Book Built Issue amounting to ₹25.25 Crores, consisting entirely an Fresh Issue of 45.90 Lakh Shares. The subscription period for the Technichem Organics IPO opens on December 31, 2024, and closes on January 02, 2025. The allotment is expected to be finalized on or about Friday, January 03, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday, January 7, 2025.

The Share price of Technichem Organics IPO is set at ₹52 to ₹55 per equity share. The Market Capitalisation of the Technichem Organics Limited at IPO price of ₹55 per equity share will be ₹95.26 Crores. The lot size of the IPO is 2,000 shares. Retail investors are required to invest a minimum of ₹1,10,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹2,20,000.

SHRENI SHARES LIMITED is the book-running lead manager while BIGSHARE SERVICES PVT LTD is the registrar for the Issue. Shreni Shares Limited is Marker Maker for the Technichem Organics IPO.

Technichem Organics Limited IPO GMP Today
The Grey Market Premium of Technichem Organics Limited IPO is expected to be ₹14 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Technichem Organics Limited Day Wise IPO GMP Trend 

Technichem Organics Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 2nd January, 2025, the Technichem Organics IPO live subscription status shows that the IPO subscribed 392.62 times on its Final day of subscription period. Check the Technichem Organics IPO Live Subscription Status Today at BSE.

Technichem Organics IPO Anchor Investors Report
Technichem Organics has raised ₹7.13 Crores from Anchor Investors at a price of ₹55 per shares in consultation of the Book Running Lead Managers. The company allocated 12,98,000 equity shares to the Anchor Investors. Check Full List of Technichem Organics Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Technichem Organics Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Technichem Organics IPO allotment date is 03 January, 2025, Friday. Technichem Organics IPO Allotment will be out on 3rd January, 2025 and will be live on Registrar Website from the allotment date. Check Technichem Organics IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Technichem Organics Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Technichem Organics Limited IPO
Technichem Organics proposes to utilise the Net Proceeds towards the following objects: 
1. ₹703.82 Lakh is required for Funding of capital expenditure requirements of the Company towards setting up of a new plant named as “Plant –4”;
2. ₹1,023.51 Lakh is required for Repayment or prepayment, in full or in part, of certain borrowings availed by the Company from banks, financial institutions and non-banking financial companies;
3. General corporate purposes

Refer to Technichem Organics Limited RHP for more details about the Company.