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Phychem Technologies IPOLISTED

BSESMEBook Built Issue

Phychem Technologies manufactures customized rotational molding compounds used in tanks, industrial containers, portable toilets and other hollow plastic products.

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Listing price

₹56

Listing gain

+3.70%

Current

₹56

Listed

07 Sept 26

Opens

31 Aug 26

Closes

02 Sept 26

Allotment

03 Sept 26

Refund

04 Sept 26

Demat

04 Sept 26

Listing

07 Sept 26

Listed at

₹56

+3.70% on 07 Sept 26

Min. investment₹2,16,000
GMP₹3 · +5.6%
Subscribed20.87x
Track in the app

Overview

Price band

₹51-54

Lot size

2000 shares

Min. investment

₹2,16,000

Issue size

₹14.58 Cr

27.00 L shares

Fresh issue

₹14.58 Cr

27.00 L shares

Face value

₹10 / share

Issue type

Book Built Issue

Listing at

BSE

Reservation

Market Maker 5.11%Anchor Investor 28.44%QIB 18.81%NII 14.3%Individual 33.33%
CategoryShares offered% of issue
Market Maker1,38,0005.11%
Anchor Investor7,68,00028.44%
QIB5,10,00018.81%
NII (HNI)3,90,00014.3%
B-HNI2,60,000—
S-HNI1,30,000—
Individual9,00,00033.33%
Total27,06,00099.99%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)24,000₹2,16,000
Retail (Max)24,000₹2,16,000
S-HNI (Min)36,000₹3,24,000
S-HNI (Max)918,000₹9,72,000
B-HNI (Min)1020,000₹10,80,000

Listing performance

NSE/BSE: PHYCHEMTECHNOLOGIES

Listing gain

+3.70%

Gain per retail lot

₹8,000

Latest vs issue

—

GMP was

₹3 (+5.56%)

₹54
₹57+5.56%
₹56+3.70%

Issue price

GMP estimate

Listing price

Latest price appears here during market hours.

Phychem Technologies Live GMP

GMP₹3
Est. Price₹57
Est. Gain5.56%

Not enough GMP history yet to draw a trend.

GMP × retail lot ₹12,000GMP × S-HNI min ₹18,000Expected listing ~ ₹57GMP is unofficial and changes often. Data as of 03 Sept, 12:00 am.

Subscription

03 Sept, 12:00 am

Oversubscribed 20.87 times · 5,908 applications

QIB
4.31x
NII (HNI)
42.76x
S-HNI
27.62x
B-HNI
50.34x
Retail
20.76x
Total
20.87x

Total applications

5,908

Total bid amount

₹203 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
QIB5,10,00022,00,0004.31x₹11.88 Cr
NII (HNI)3,90,0001,66,78,00042.76x₹90.06 Cr
B-HNI2,60,0001,30,88,00050.34x₹70.68 Cr
S-HNI1,30,00035,90,00027.62x₹19.39 Cr
Retail9,00,0001,86,88,00020.76x₹101 Cr
Total18,00,0003,75,66,00020.87x₹203 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
B-HNI4364515.00x
S-HNI2257626.18x
Retail2254,67220.76x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

0204060Mar 2024 · Revenue: 47.59Mar 2024 · Expense: 45.22Mar 2024 · Profit after tax: 1.69Mar 2024 · Assets: 17.83Mar 2024 · Borrowing: 5.61Mar 2024Mar 2025 · Revenue: 51.11Mar 2025 · Expense: 47.33Mar 2025 · Profit after tax: 2.84Mar 2025 · Assets: 20.75Mar 2025 · Borrowing: 4.59Mar 2025Mar 2026 · Revenue: 57.48Mar 2026 · Expense: 51.94Mar 2026 · Profit after tax: 4.09Mar 2026 · Assets: 25.32Mar 2026 · Borrowing: 5.91Mar 2026

Key performance indicators

As of 31 Mar 2026

ROE

34.82%

PAT Margin

7.24%

ROCE

32.73%

EBITDA Margin

10.78%

Debt to Equity Ratio

0.43

RoNW

29.66%

Valuation vs listed peers

EPS Pre IPO

₹5.42

EPS Post IPO

₹3.99

P/E Pre IPO

9.96

P/E Post IPO

13.53

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+20.8%

Profit growth FY24 → FY26

+142.0%

ROCE

32.73%

  • PAT margin 7.2% and ROCE 32.7%.

Strengths & risks

  • Diversified product portfolio across multiple industries.
  • Long-standing domestic and global customer relationships.
  • Integrated manufacturing facility with quality control capabilities.
  • Diversified revenue from manufacturing, services and trading.
  • Experienced management with industry expertise.
6.5/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials6.8
Growth5.3
Business6.9
Demand8.7
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
Repayment in full or in part, of certain of outstanding borrowings.2.5
Funding the capital expenditure towards procurement of plant and machinery.5.15
Funding to meet working capital requirements.3
General Corporate Purposes.-

Company & documents

Phychem Technologies Limited manufactures rotational molding (roto molding) compounds used as key raw materials for producing a wide range of hollow plastic products.

The Company manufactures customized polyethylene-based compounds using LLDPE, HDPE, and specialty additives, supplied in powder or granulated form for producing tanks, sanitation units, furniture, industrial containers, and other hollow plastic products.

Phychem Technologies serves diverse industries with specialized roto-molding compounds, including foam, stone-effect, flame-retardant, anti-static, and custom-coloured variants. It also manufactures custom-moulded tanks and provides rotolining and toll pulverising services.

The Company operates a manufacturing facility in Nashik, Maharashtra, with an in-house laboratory and quality control department. It is ISO 9001:2015 certified and recognised as a One Star Export House.

Phychem Technologies exports to various international markets and also generates revenue by distributing imported products, chemicals, tools, and equipment used in the rotational moulding industry.

The Company’s diversified product portfolio serves industries including construction, automobiles, marine, furniture, toys, agriculture, chemicals, sewage treatment, waste processing and railways.

Registrar

Company contact

Phychem Technologies Limited

Gat No. 172, Khatwad, Dindori, Nashik, Maharashtra, 422004

Phone: +91-95187-20873

Email: cs@phychem.com

Web: https://www.phychem.com/

Book running lead managers

  • Hem Securities Ltd.

Promoters

98.5%Pre Issue
72.6%Post Issue
  • Umakant Nivrutti Savadekar
  • Ulka Umakant Savadekar
  • Nivrutti Sonu Savdekar
  • Vijaya Nivrutti Savdekar