
Chemicals · BSE
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.
Price Band
₹52 – ₹55
Issue Size
₹25.25 Cr
Lot Size
2000 shares
GMP
+30.9%
Est. Listing
₹72
at current GMP
Subscribed
425.17x
overall
Open
31 Dec 2024
Close
2 Jan 2025
Allotment
3 Jan 2025
Refund
4 Jan 2025
Demat Credit
5 Jan 2025
Listing
7 Jan 2025
Overall Subscription
425.17x
Total Demand
QIB Multiplier
101.49x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
329.43x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 868,000 | 88,092,000 | 101.49x |
| RETAIL | 1,520,000 | 500,730,000 | 329.43x |
| Total | 2,388,000 | 588,822,000 | 425.17x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 803 | 264,532 | 329.43x |
| HNIs (10L +) | 5 | 2,126 | 425.20x |
| HNIs (2-10L) | 25 | 10,629 | 425.16x |
| Total Applications | 833 | 277,287 | 332.88x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Technichem Organics Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹25.25 Crores. The shares are offered at a price band of ₹52 to ₹55 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,10,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-05, while un-allotted funds or UPI block mandates will be released on 2025-01-04.
The latest Grey Market Premium (GMP) for Technichem Organics Limited IPO is ₹17 per equity share. Based on the upper price band of ₹52 to ₹55 per equity share, the estimated listing price is ₹72 (+30.9% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹17, the expected profit per application lot is approx ₹34,000 (+30.9% gain). Minimum application cost is approx ₹1,10,000.
The Technichem Organics Limited IPO aggregate issue size is ₹25.25 Crores with an equity price band set at ₹52 to ₹55 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,10,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 425.17x (Retail: 329.43x, QIB: 101.49x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-01-03. Investors can verify status using PAN card or application number.
Technichem Organics Limited shares are scheduled to list on BSE on 2025-01-07.