Phychem Technologies IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Individual investors (IND))
₹2,16,000
2 lots · 4,000 shares at the upper price band
Price band
₹54
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹13.83 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹54
- Issue size
- ₹13.83 Cr
- Lot size
- 2,000
- Opens
- 31 Aug 2026
- Closes
- 2 Sept 2026
- Allotment
- 3 Sept 2026
- Listing
- 7 Sept 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- MUFG Intime India Pvt.Ltd.
- Minimum investment
- ₹2,16,000 (2 lots · 4,000 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Listing at
- BSE SME
- Refunds
- 4 Sept 2026
- Shares credited
- 4 Sept 2026
- Promoter holding
- 98.55% before · 72.56% after
- Lead managers
- Hem Securities Ltd.
Offer documents & links
Subscription by category
As of 2 Sept 2026, 1:24 pm.
Total subscription
14.61x
Full issue details
Details as published for this issue, read 11 Sept 2026, 4:58 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 31 Aug to 2 Sep, 2026 |
|---|---|
| Listed on | Mon, Sep 7, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹51 to ₹54 |
| Issue Price | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 27,00,000 shares (agg. up to ₹ 15 Cr) |
|---|---|
| Reserved for Market Maker | 1,38,000 shares (agg. up to ₹ 0.7452 Cr) Hem Finlease Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 25,62,000 shares (agg. up to ₹ 14 Cr) |
| Net Offered to Public | 25,62,000 shares (agg. up to ₹ 14 Cr) |
| Share Holding Pre Issue | 75,40,000 shares |
| Share Holding Post Issue | 1,02,40,000 shares |
| BSE Script Code | 544902 |
| ISIN | INE24YP01017 |
IPO Timetable
- IPO Open
- Mon, Aug 31, 2026
- IPO Close
- Wed, Sep 2, 2026
- Allotment
- Thu, Sep 3, 2026
- Refund
- Fri, Sep 4, 2026
- Credit of Shares
- Fri, Sep 4, 2026
- Listing
- Mon, Sep 7, 2026
Issue Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 12,72,000 | 49.65% | 47.11% |
| − Anchor Investor | 7,62,000 | — | 28.22% |
| − QIB (Ex. Anchor) | 5,10,000 | — | 18.89% |
| NII (HNI) | 3,90,000 | 15.22% | 14.44% |
| − bNII > ₹10L | 2,58,000 | — | 9.56% |
| − sNII < ₹10L | 1,32,000 | — | 4.89% |
| Retail | 9,00,000 | 35.13% | 33.33% |
| Firm Reservations | |||
| Market Maker | 1,38,000 | — | 5.11% |
| Total | 27,00,000 | 100.00% | 100.00% |
Phychem Technologies IPO comprises a total issue size of 27,00,000 shares. The net offer to the public is 25,62,000 shares, after excluding 1,38,000 shares allotted on a firm basis. Of the Net offer 12,72,000 (49.65%) are allocated to QIB , 3,90,000 (15.22%) allocated to NII 9,00,000 (35.13%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,16,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,16,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,24,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,80,000 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
IPO Subscription Details
IPO Anchor Investors
| Bid Date | Fri, Aug 28, 2026 |
|---|---|
| Shares Offered | 7,62,000 |
| Anchor Portion (₹ Cr.) | 4.11 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Oct 3, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Dec 2, 2026 |
Phychem Technologies IPO raises ₹ 4.11 crore from anchor investors . Phychem Technologies IPO Anchor bid date is August 28, 2026 .
IPO Anchor Investors List
About Phychem Technologies Ltd.
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.
Company Financials (Restated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 | 9.70 | 6.86 |
| Reserves and Surplus | 6.25 | 9.41 | 6.57 |
| Total Borrowing | 5.91 | 4.59 | 5.61 |
| Amount in ₹ Crore |
Phychem Technologies Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 44% between the financial year ending with March 31, 2026 and March 31, 2025.
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View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment in full or in part, of certain of outstanding borrowings | 2.50 |
| 2 | Funding the capital expenditure towards procurement of plant and machinery | 5.15 |
| 3 | Funding to meet working capital requirements | 0.00 |
| 4 | General Corporate Purposes | 1.13 |
| 5 | Issue Expenses | 2.80 |
| Total | 11.58 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 34.82% | 34.33% |
| ROCE | 32.73% | 31.99% |
| Debt/Equity | 0.43 | 0.47 |
| RoNW | 29.66% | 29.30% |
| PAT Margin | 7.24% | 5.65% |
| EBITDA Margin | 10.78% | 8.68% |
| NAV | 18.29 | 12.86 |
| Price to Book Value | — | 4.20 |
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 5.42 | 3.99 |
| P/E (x) | 9.96 | 13.53 |
| Market Cap at Offer Price | ₹41Cr. | ₹60.21 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 98.55% | 72.56% |
| Public | 1.45% | 27.44% |
| Total | 100% | 100% |
Company Promoters: Umakant Nivrutti Savadekar, Ulka Umakant Savadekar, Nivrutti Sonu Savdekar and Vijaya Nivrutti Savdekar.
Phychem Technologies IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 4.31 | 5,10,000 | 22,00,000 | 0 |
| NII * | 42.41 | 3,90,000 | 1,65,40,000 | 0 |
| bNII (> ₹10L) | 50.19 | 2,58,000 | 1,29,50,000 | — |
| sNII (< ₹10L) | 27.20 | 1,32,000 | 35,90,000 | — |
| Individual Investor | 20.76 | 9,00,000 | 1,86,88,000 | 0 |
| Total | 20.79 | 18,00,000 | 3,74,28,000 | 5,908 |
The Phychem Technologies IPO is subscribed 20.79 times on September 2, 2026 6:54:58 PM (Day 3). The public issue subscribed 20.76 times in the individual investors category, 4.31 times in the QIB category, and 42.41 times in the NII category. Check Day by Day Subscription Details (Live Status)
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Total Applications: 5,908
*Market Maker portion is not included to NII/HNI.
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including underwriting commission | 0.70 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.06 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.08 |
| 5 | Payment for Printing & Stationery, Postage, etc | 0.04 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals like: Chartered Engineer | 0.17 |
| 7 | Others including Fees payable for Marketing & distribution expenses Selling Commission, Brokerage, Processing Fees | 1.74 |
| Total | 2.80 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹ 54.00 |
| Open | ₹ 56.00 |
| Low | ₹ 54.50 |
| High | ₹ 58.80 |
| Last Trade | ₹ 58.80 |
Check IPO Performance…
IPO Registrar
MUFG Intime India Pvt.Ltd.
022-49186000
hychemtechnologies.smeipo@in.mpms.mufg.com
IPO Lead Manager(s)
Hem Securities Ltd.
Contact Details
Phychem Technologies Ltd. Address
Gat No. 172,
Khatwad
Dindori
Nashik, Maharashtra , 422004
+91-95187-20873
cs@phychem.com
Phychem Technologies IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Phychem Technologies Q3 Results
Livemint · 10 Sept 2026
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Rajasthan Global Securities acquires 5.90% stake in Phychem via IPO
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Phychem Technologies Ltd. IPO: Check Issue Date, Price, Subscription, Financials & Other Details
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