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IPO

IPO Details


Technichem Organics Ltd
Registered Office: 5th Floor Malak Complex, Navarangapura, Ahmedabad - 380009, Gujarat
Phone: +91-79-2754 3722
Email: investors@technichemorganics.com
Website: www.technichemorganics.com
Initial public offer of upto 45,90,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Technichem Organics Limited ("The Company" or "Technichem" or "The Issuer") for cash at a price of Rs. 55 per equity share including a share premium of Rs. 45 per equity share (the "Issue Price") aggregating to Rs. 25.25 crores ("The Issue"), of which upto 2,52,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55 per equity share including a share premium of Rs. 44 per equity share aggregating to Rs. 1.39 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 43,38,000 equity shares of face value of Rs. 10/- each at a price of Rs. 55 per equity share including a share premium of Rs. 44 per equity share aggregating to Rs. 23.86 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.50 % and 25.04 % respectively of the post issue paid up equity share capital of the company. Issue price Rs. 55 per equity share of face value Rs. 10 each.
Issue Money Payable On
Opens On Closes On Application Allotment
31-Dec-2024 02-Jan-2025 ₹ 55.00 ₹ 0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 22.53 Shreni Shares Ltd
Project Financed through Current Offer 25.25
Post Issue Equity Share Capital 17.32
Issue Price ₹55.00
Projects
Funding of capital exp requirements of the company towards setting up of a new plant Names Plant - 4
Repayment or prepayment in full or part of certain borrowings availed by the company from banks financial institutions and NBFC
General corporate purposes
Promoted By
Bharat Jayantilal Pandya
Pandya Anilkumar Jayantilal
Alpa Bharat Pandya
Listing At
BSE - SME
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

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25,461.00 55.70 (0.22%)

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23,916.07 -153.88(-0.64%)