ListedSMEChemicalsTECHNICHEM

Technichem Organics IPO

Technichem Organics IPO is an SME IPO raising ₹25 Cr at ₹52 – ₹55 a share. It listed on 7 Jan 2025 at ₹57, +4.1% against its issue price of ₹55, and trades at ₹55 today (−0.4% since issue). It was subscribed 267× in total.

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₹55

Issue price

₹55

Price now

−0.4%

Since issue price

7 Jan 2025

Listed on

267×Subscribed (final) · all exchanges

266.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹52 – ₹55

Cut-off price₹55

Issue size₹25 Cr

Shares per lot2000

Minimum application₹1,10,000

Minimum quantity2000

Face value₹10

Listing exchangesBSE

ISININE0ZHT01012

Bidding hours10:00 – 17:00 IST

Bidding window31 Dec 2024 – 2 Jan 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.