Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Phychem Technologies Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.27 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Phychem Technologies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 27,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 27,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 75,40,000 shares |
| Share Holding Post Issue | 1,02,40,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| SEBI/Exchange approval received | Tue, Jan 27, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Phychem Technologies is engaged in manufacturing rotational molding (roto molding) compounds, which are key raw materials used to produce various hollow plastic products through the rotational molding process.
Its products mainly include customized polyethylene-based compounds made from LLDPE, HDPE, and special additives. These are supplied in powder or granule form to manufacturers who make items like water, fuel, and chemical storage tanks, portable toilets, furniture, industrial containers, and other molded plastic parts.
The company caters to industries such as construction, water management, agriculture, automotive, and consumer goods. Its product range includes foam, stone-effect, flame-retardant, anti-static, and custom-colored compounds, designed as per client needs. The company also produces custom-molded tanks and offer jobwork services like rotolining (internal tank coating for chemical resistance) and toll pulverizing (custom grinding of polymers).
Its manufacturing facility is located at Khatwad, Dindori, Nashik, Maharashtra, equipped with its own laboratory and quality control department. The company is ISO 9001:2015 certified and recognized as a One Star Export House by the Ministry of Commerce and Industry.
The company export to several countries including Bahrain, Bangladesh, Iraq, Kuwait, Nigeria, Saudi Arabia, South Africa, Thailand, Turkey, UAE, and many others.
Additionally, it earn revenue by distributing imported products and chemicals used in the roto molding industry. It is an authorized distributors of Paints and coatings (UK), Polypropylene compounds (Thailand), Specialty release agents (USA), Process control equipment (Northern Ireland), Plastic welding machines (Canada), and Flash-It ancillary tools (UK).
Competitive Strengths
Phychem Technologies Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 68% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 20.75 | 17.83 | 14.73 |
| Total Income | 51.11 | 47.59 | 43.19 |
| Profit After Tax | 2.84 | 1.69 | 1.32 |
| EBITDA | 4.37 | 2.76 | 1.84 |
| NET Worth | 9.70 | 6.86 | 5.16 |
| Reserves and Surplus | 9.41 | 6.57 | 4.87 |
| Total Borrowing | 4.59 | 5.61 | 4.90 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment in full or in part, of certain of our outstanding borrowings | 3.00 |
| 2 | Funding the capital expenditure towards procurement of plant and machinery | 4.86 |
| 3 | Funding to meet working capital requirements | 3.00 |
| 4 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 34.33% |
| ROCE | 31.99% |
| Debt/Equity | 0.47 |
| RoNW | 29.30% |
| PAT Margin | 5.65% |
| EBITDA Margin | 8.68% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Phychem Technologies IPO is a SME IPO of 27,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Phychem Technologies IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Phychem Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Phychem Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Phychem Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Phychem Technologies IPO dates are not announced. Please check back again after some time.
Phychem Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Phychem Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Phychem Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Phychem Technologies IPO allotment status.
The Phychem Technologies IPO listing date is not yet announced. The tentative date of listing is .
