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Phychem Technologies IPO
Price Band
₹51.0–54.0
Issue Size
₹14.58 Cr
Lot Size
2,000 shares
Min Investment
₹216,000
2 LOTS MIN
GMP
+₹1.0 (1.85%)
Issue Price
₹54.0
Subject to Sauda
₹1500
Paid only if allotted
Phychem Technologies IPO AI Summary
- Phychem Technologies IPO is listed on BSE SME in the IT Enabled Services sector.
- Price band: ₹51.0–₹54.0 per share, lot size 2,000 shares (min. investment ₹216,000, 2 lots minimum).
- Subscription window: 31 Aug–02 Sep 2026, listing on 07 Sep 2026.
- Current GMP is +₹1.0 (1.85%), an estimated listing price of ₹55 — unofficial and can change daily.
Phychem Technologies is an SME engaged in the manufacturing of rotational molding compounds, catering to various industries. The company has shown growth in revenue and profit over the past years and is seeking to raise funds through its IPO for debt repayment and capital expenditure.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
20.79x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
4.31x
|
4.31x |
| NII (HNI) |
42.41x
|
42x ✓ |
| ↳ bNII (>₹10L) |
50.19x
|
50x ✓ |
| ↳ sNII (<₹10L) |
27.20x
|
27x ✓ |
| Retail (RII) |
20.76x
|
21x ✓ |
| Total | 20.79x | 20.79x |
Auto-updated every 5 min · As of 2nd Sep 2026 18:56
Phychem Technologies IPO Grey Market Premium (GMP) Today
GMP
+₹1.0
GMP %
+1.85%
Est. Listing
₹55.0
Updated: 07 Sep 2026 08:15
GMP Trend (Last 13 Days)
About the Company
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 Wide range of products finding diverse application in roto moulding industry. Long standing relationships with diversified customers across geographies. In-house manufacturing facility with equipped machines and processes. Focus on Quality, Environment, Health and Safety. Experienced Promoters and Management with extensive domain knowledge.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 25.32 | 20.75 | 17.83 |
| Total Income | 57.48 | 51.11 | 47.59 |
| Profit After Tax | 4.09 | 2.84 | 1.69 |
| EBITDA | 6.09 | 4.37 | 2.76 |
| NET Worth | 13.79 | 9.70 | 6.86 |
| Reserves and Surplus | 6.25 | 9.41 | 6.57 |
| Total Borrowing | 5.91 | 4.59 | 5.61 |
Key Ratios
EPS
₹5.42
NAV
₹12.86
ROE
34.33%
ROCE
31.99%
RoNW
29.30%
P/B Value
4.20
P/E Ratio
9.96
Market Cap
₹55.30 Cr
PAT Margin
5.65%
Debt/Equity
0.47
Promoters
Umakant Nivrutti Savadekar, Ulka Umakant Savadekar, Nivrutti Sonu Savdekar, Vijaya Nivrutti Savdekar
Objects of the Issue
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 outstanding borrowings 2.50 2 Funding the capital expenditure towards procurement of plant and machinery 5.15 3 Funding to meet working capital requirements 0.00 4 General Corporate Purposes Total 7.65
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹47.59 Cr in the year ended 31 Mar 2024, rising to ₹51.11 Cr by 31 Mar 2025, and further increasing to ₹57.48 Cr by 31 Mar 2026.
Profit Trend
Profit After Tax was ₹1.69 Cr in the year ended 31 Mar 2024, increasing to ₹2.84 Cr by 31 Mar 2025, and further rising to ₹4.09 Cr by 31 Mar 2026.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected premium of a stock when it lists on the stock exchange. A positive GMP suggests that the stock is anticipated to list above its issue price, while a negative GMP indicates the opposite. Investors often use GMP as a gauge of market sentiment towards an IPO.
Subscription Demand
As of 2nd Sep 2026, the IPO was subscribed 20.79 times overall. The QIB portion was subscribed 4.31 times, the NII (HNI) portion was subscribed 42.41 times, and the Retail (RII) portion was subscribed 20.76 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals, risk tolerance, and market conditions.
Who May Want to Wait
Investors who prefer stable investments with lower risk may want to avoid IPOs like this, as they can be subject to significant price fluctuations and uncertainties.
IPO Timeline, Explained
The IPO opens for subscription on 31 Aug 2026 and closes on 2 Sep 2026. Allotment of shares is expected on 3 Sep 2026, with the listing date set for 7 Sep 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may see a surge in price on their first day of trading, others may not. Investors should be aware that market conditions, investor sentiment, and overall demand can significantly impact the stock's performance on listing day.
This evaluation is generated from Phychem Technologies's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Phychem Technologies IPO GMP today?
Phychem Technologies IPO GMP today is +₹1.0 (1.85%), indicating an estimated listing price of ₹55. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Phychem Technologies IPO?
The price band of Phychem Technologies IPO is ₹51.0–₹54.0 per share.
When does Phychem Technologies IPO open and close?
Phychem Technologies IPO opens on 31 August 2026 and closes on 02 September 2026.
When does Phychem Technologies IPO list on the stock exchange?
Phychem Technologies IPO listed on 07 September 2026 at ₹55.0.
What is the lot size for Phychem Technologies IPO?
The lot size for Phychem Technologies IPO is 2000 shares, requiring a minimum investment of ₹216,000 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹51.0 to ₹54.0.
What is the lot size for this IPO?
The lot size for this IPO is 2000 shares.
What is the minimum investment required?
The minimum investment required is ₹216,000.
When is the listing date?
The listing date is 7 Sep 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium of a stock when it lists on the stock exchange.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
31 Aug 2026
Close
02 Sep 2026
Allotment
03 Sep 2026
Listing
07 Sep 2026
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