Technichem Organics Limited
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Technichem Organics Limited's has transitioned to a publicly listed entity following its IPO debut on Jan 07, 2025 at the BSE exchange. The public offering successfully raised 45,90,000 Shares, consisting of 45,90,000 Sharesin new capital.
The IPO featured a competitive price range of ₹52 to ₹55 and minimum application size of 2000 shares. Market reception was evidenced through subscription activity between Dec 31, 2024 and Jan 02, 2025, reflecting investor appetite for the offering.
Allotment of shares was completed on Jan 03, 2025, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1996, Technichem Organics Limited is a manufacturer of specialty chemicals, pigment and dye intermediates, and air oxidation chemistry products, serving industries such as pharmaceuticals, agriculture, coatings, and dyes. Operating across three in-house plants with an annual capacity of 950,000 kg on 26,079 square meters, the company has a global presence in 11 countries, with significant exports to China. Technichem emphasizes quality, environment, health, and safety through integrated systems to ensure consistent, high-standard chemical solutions.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified Product Portfolio: Wide range of chemicals serving pharmaceuticals, agriculture, coatings, pigments, and dyes.
- Integrated Manufacturing: In-house production ensures efficiency, cost-effectiveness, and consistent quality.
- Global Reach: Presence in 11 countries with strong export relationships, especially in China.
- Dependence on Key Customers: Revenue is highly reliant on a few major customers without long-term contracts.
- Supplier Dependency: Single-supplier reliance for raw materials may cause supply disruptions or cost escalations.
- Litigation Risks: Ongoing legal cases could harm reputation, financial performance, and operations if outcomes are adverse.
- Mr. Bharat Jayantilal Pandya
- Mr. Pandya Anilkumar Jayantilal
Technichem Organics Limited
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