Technichem Organics
IPO Timeline
Issue open date
31 Dec 2024Issue close date
2 Jan 2025UPI mandate deadline
2 Jan 2025Allotment finalization
3 Jan 2025Refund initiation
6 Jan 2025Share credit
6 Jan 2025Listing date
7 Jan 2025Mandate end date
17 Jan 2025Lock-in end date for anchor investors (50%)
2 Feb 2025Lock-in end date for anchor investors (remaining)
4 Apr 2025Key Dates
Quick Stats
About the Company
Incorporated in 1996, Technichem Organics manufactures a diverse range of chemicals, including pyrazoles, pyrazolones, specialty chemicals, pigment and dye intermediates, and products utilizing air oxidation chemistry. These serve industries such as pharmaceuticals, agriculture, coatings, pigments, and dyes, showcasing versatility and a broad market reach. Operating across 11 countries, the company benefits from a global perspective on market trends and dynamics. A significant portion of exports goes to China, highlighting cost-effective molecule synthesis and competitive pricing achieved through a strong R&D focus. The company’s adaptability to various chemical processes enables it to meet diverse customer needs and respond to emerging trends.
Strengths
- Multi-product manufacturing capability
- Integrated production facilities for cost efficiency
- Strong focus on R&D and value engineering
- Commitment to quality, environment, health, and safety
- Experienced and skilled promoters and management team
- Efficient supply chain operations for market responsiveness
- Long-standing relationships with diversified global customers
- Robust infrastructure and technology-driven production
- Diverse applications of products across industries
Risks
- Dependence on key customers without long-term contracts impacts stability.
- Limited control over supplier dependency affecting operational efficiency.
- Foreign currency exchange risks due to export-oriented revenue model.
- Compliance with stringent environmental laws increases operational costs.
- High competition from organized and unorganized industry players.
- Delay in customer payments could affect cash flow and profitability.
- Fluctuating raw material prices may impact profit margins significantly.
- Political and economic instability in export markets poses challenges.
Technichem Organics IPO – Frequently Asked Questions
- The price band for the Technichem Organics IPO is set at ₹52 to ₹55 per share.
- The Technichem Organics IPO opens on December 31, 2024 and closes on January 2, 2025.
- The tentative listing date for the Technichem Organics IPO is January 7, 2025.
- You can apply for the Technichem Organics IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Technichem Organics, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Technichem Organics IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).