Technichem Organics IPO Subscription Details

Bookbuilding IPO | ₹25 Cr | Listed at BSE SME | Tue, Dec 31, 2024 - Thu, Jan 2, 2025

Basis of Allotment - Technichem Organics IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,68,00012,98,00021,66,0006,52,00015,20,00043,38,000
Allotment price (Rs.)555555555555
No.of applications3964520,7242,47,9752,68,744
No.of shares applied8,73,04,00012,98,0008,86,02,00070,61,18,00049,59,50,0001,29,06,70,000
Amount collected (Rs.cr.)480.17 7.14 487.31 3,883.65 2,727.73 7,098.69
No.of times subscribed100.581.0040.911083.00326.28297.53
No.of shares allotted8,68,00012,98,00021,66,0006,52,00015,20,00043,38,000
Amount (Rs.cr.)4.77 7.14 11.91 3.59 8.36 23.86
No.of allottees396453267601,131

IPO Shares Offered

Technichem Organics IPO is a public issue of 0.43 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.22 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,52,0001.39 5.49%
QIB 21,66,00011.91 47.19%
    Anchor 12,98,000 7.14 28.28%
    QIB (Ex Anchor) 8,68,000 4.77 18.91%
NII* 6,52,0003.59 14.20%
Retail15,20,0008.36 33.12%
Total45,90,00025.25 100%

Technichem Organics IPO Anchor Investor Allocation

A total of 12,98,000 shares at a price of Rs 55 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 30, 2024
Anchor investor price₹55.00
Anchor investors as % of QIBs59.93%
No. of shares locked-in for 30 days6,49,000
No. of shares locked-in for 90 days6,49,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 VIKASA CAPITAL INC. VIKASA 1,94,000 1.07 14.95 4.23
2 NEXT ORBIT GROWTH FUND III NEXT ORBIT 1,82,000 1.00 14.02 3.97
3 ABUNDANTIA CAPITAL VCC-ABUNDANTIA CAPITAL III ABUNDANTIA 1,94,000 1.07 14.95 4.23
4 MINT FOCUSED GROWTH FUND PCC-CELL 1 MINT FOCUSED 1,82,000 1.00 14.02 3.97
5 ARNESTA GLOBAL OPPORTUNITIES FUND PCC-ARNESTA GLOBAL FUND 1 ARNESTA 1,82,000 1.00 14.02 3.97
6 PINE OAK GLOBAL FUND PINE OAK 3,64,000 2.00 28.04 7.93
12,98,0007.1410028.28

IPO Subscription FAQs

The Technichem Organics IPO is subscribed 297.8935 times by Jan 02, 2025 18:19.

Technichem Organics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional101.4885
Non Institutional1078.8957
Retail Individual329.4276
Total Subscription297.8935

Retail category of Technichem Organics IPO subscribed 329.4276 times as of date Jan 02, 2025 18:19. The public issue closes on Thu, Jan 2, 2025 for bidding.

An investor can apply in Technichem Organics IPO online via bank (using ASBA) or the broker (using UPI). The Technichem Organics IPO shares are offered online only.

The Technichem Organics IPO is subscribed 297.8935 times by Jan 02, 2025 18:19.

The Technichem Organics IPO allotment status is expected on or around Friday, January 3, 2025. Visit Technichem Organics IPO allotment status to check.

The Technichem Organics IPO listing date is January 7, 2025. The equity share of Technichem Organics IPO will list on BSE SME.

Visit Technichem Organics IPO subscription status page for real-time bidding information about Technichem Organics IPO.

Technichem Organics IPO Timetable

IPO opens OnTuesday, December 31, 2024
IPO Closes OnThursday, January 2, 2025
Finalisation of Basis of AllotmentFriday, January 3, 2025
Initiation of RefundsMonday, January 6, 2025
Credit of Shares to Demat AccountMonday, January 6, 2025
IPO Listing DateTuesday, January 7, 2025
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