stockaxis

New Subscribers Offer: Enjoy 50% OFF on Two or More Annual Services! NOW50

New Subscribers Offer: Enjoy 50% OFF on combo! NOW50

Technichem Organics Ltd.

Chemicals

IPO Details
  • Issue Type Book building
  • Price range Rs.52-55
  • Market Lot 2000
  • Total Equity Shares 3292000
  • Face Value Rs. 10
  • Listing Date Jan 07, 2025
IPO Timeline
Opening date Dec 31, 2024
Closing date Jan 02, 2025
Listing Date Jan 07, 2025

IPO Details

Our 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, includingpharmaceuticals, agriculture, coatings, pigments, dyes and others. This wide array of end uses highlights the extensive andversatile nature of our product offerings. Our extensive and varied portfolio ensures that we are not confined to one sector.This strategic diversification safeguards us from potential downturns in any single market, providing stability and resilience.

Projects

1. Project Name: Funding of capital expenditure requirements of our Company towards setting up of a new plant named a

Project Cost: 70.382

2. Project Name: Repayment or prepayment, in full or in part, of certain borrowings availed by our Company from banks

Project Cost: 102.351

3. Project Name: General corporate purposes

Project Cost: 52.571

Promoters

Prmoters Name

1. Bharat Jayantilal Pandya

2. Pandya Anilkumar Jayantilal

Prmoters Holdings
  • Pre Share Capital: 12431250
  • Pre Promoter Holding: 97.64
  • Offer to Public: 3292000
  • Post Share Capital: 12431250
  • Post Promoter Holding: 71.77

Registrar

Registrar Name:Bigshare Services Pvt Ltd
Phone: 91-022-40430200
Email: Investor@bigshareonline.com
Website:

Lead Managers

  • Shreni Shares Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3081
Total Equity 3292000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 868000
No of Shares Bid For Qualified Institutional Buyers 88092000
Total No of Shares Bid For Qualified Institutional Buyers 101.49
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 41068000
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 47024000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 904000
No of Shares Bid For Non-Institutional Buyers 703692000
Total No of Shares Bid For Non-Institutional Buyers 778.42
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 27626000
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 670134000
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 5932000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 1520000
No of Shares Bid For Retail Individual Investor 500730000
Total No of Shares Bid For Retail Individual Investor 329.43
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 341850000
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 158880000
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 3292000
No of Shares Bid For All 1292514000
Total 392.62