Initial public offer of 27,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Phychem Technologies Limited ("The Company" or "PTL" or "The Issuer") at an issue price of Rs. 54 per equity share (including share premium of Rs. 44 per equity share) for cash, aggregating up to Rs. 14.58 Crore ("Public Issue") out of which 1,38,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 54 per equity share for cash, aggregating Rs. 0.75 Crore will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 25,62,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 54 per equity share for cash, aggregating upto Rs. 13.83 Crore is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.02% respectively of the post-issue paid-up equity share capital of the company.
Price Band: Rs. 54 per equity share of face value of Rs. 10/- each.
The floor price is (Rs.54) 5.4 times of the face value of the equity shares.
Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter.
IPO Details
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
31-Aug-2026
02-Sep-2026
₹ 54.00
₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
11.78
Hem Securities Limited
Project Financed through Current Offer
14.58
Post Issue Equity Share Capital
10.24
Issue Price
₹54.00
Projects
Projects
Repayment in full or in part, of certain of the company outstanding borrowings
Funding the capital expenditure towards procurement of plant and machinery