IPO details · Updated
Phychem Technologies Limited
- Price Band
- ₹51 – ₹54
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,08,000
- Issue Size
- ₹14.58 Cr
- Offer Dates
- 31 Aug – 2 Sept 2026
- Listing
- 7 Sept 2026
Issue Details
- Total Issue Size
- ₹14.58 Cr
- 27,00,000 shares
- Fresh Issue
- ₹14.58 Cr
- 27,00,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 75,40,000
- Shares Post-Issue
- 1,02,40,000
IPO Timeline
Offer opens
31 Aug 2026
Offer closes
2 Sept 2026
Allotment
3 Sept 2026
Listing
7 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor28.2%7,62,000 shares
- QIB18.9%5,10,000 shares
- HNI14.4%3,90,000 shares
- Retail33.3%9,00,000 shares
- MarketMaker5.1%1,38,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 5,10,000 | 21,98,100 | 4.31x |
| NII | 3,90,000 | 1,65,39,900 | 42.41x |
| Retail | 9,00,000 | 1,86,84,000 | 20.76x |
| Total | 18,00,000 | 3,74,22,000 | 20.79x |
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
2 lots · 4,000 shares
Retail (max)
2 lots · 4,000 shares
S-HNI (min)
3 lots · 6,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 4,000 | ₹2,16,000 |
| Small HNI (S-HNI) | 3 | 6,000 | ₹3,24,000 |
| Big HNI (B-HNI) | 10 | 20,000 | ₹10,80,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 25.32 | 20.75 | 17.83 |
| Total Income | 57.48 | 51.11 | 47.59 |
| Profit After Tax | 4.09 | 2.84 | 1.69 |
| EBITDA | 6.09 | 4.37 | 2.76 |
| Net Worth | 13.79 | 9.7 | 6.86 |
| Reserves & Surplus | 6.25 | 9.41 | 6.57 |
| Total Borrowing | 5.91 | 4.59 | 5.61 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| ROE (%) | 34.82 | 34.33 |
| ROCE (%) | 32.73 | 31.99 |
| EPS (₹) | — | 5.42 |
| P/E (pre-issue) | — | 9.96 |
| P/E (post-issue) | — | 13.53 |
About Phychem Technologies Limited
Incorporated in June 2013, Phychem Technologies Limited is engaged in the manufacturing of rotational molding (roto molding) compounds, which are used as key raw materials for producing hollow plastic products. The Company manufactures customized polyethylene-based compounds using LLDPE, HDPE and specialty additives, supplied in powder or granulated form to rotational molding manufacturers. Its products are used in applications such as water, fuel and chemical storage tanks, portable sanitation units, furniture, industrial containers and customized hollow plastic components. The Company also manufactures specialized compounds including foam, stone effect, flame-retardant, anti-static and custom-coloured compounds, and undertakes production of custom-moulded tanks. In addition, it provides rotolining and toll pulverising jobwork services and distributes chemicals, compounds, tools and equipment used in the rotational moulding industry. The Company caters to customers across building and construction, water management, agriculture, automotive and consumer products industries and exports to several countries across Asia, Africa, Europe and the Middle East. The Company operates its manufacturing facility in Nashik, Maharashtra, equipped with an in-house laboratory and quality control department. It is ISO 9001:2015 certified, recognized as a One Star Export House, and is a member of PLEXCONCIL. As of June 30, 2026, the Company had 33 permanent employees. The Company is led by experienced Promoters and management with extensive domain knowledge in the rotational moulding industry. Competitive Strengths Wide range of products serving diverse applications in the roto moulding industry. In-house manufacturing facility with equipped machinery and processes. Long-standing relationships with diversified customers across geographies. Strong focus on Quality, Environment, Health and Safety. Experienced Promoters and Management with extensive domain knowledge.
Objects of the Issue
- Repayment in full or in part, of certain of outstanding borrowings (₹2.50 Cr)
- Funding the capital expenditure towards procurement of plant and machinery (₹5.15 Cr)
- Funding to meet working capital requirements (₹0.00 Cr)
- General Corporate Purposes (₹1.13 Cr)
- Issue Expenses (₹2.80 Cr)
Promoters
- <p>Umakant Nivrutti Savadekar
- Ulka Umakant Savadekar
- Nivrutti Sonu Savdekar
- Vijaya Nivrutti Savdekar</p>
Company Information
- Book running lead managers
- Hem Securities Ltd.
- Registered office
- Gat No. 172,, Khatwad, Dindori, Nashik, Maharashtra, 422004
- Market maker
- Hem Finlease Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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