Phychem Technologies IPO Logo

Phychem Technologies IPO
GMP, Subscription, Price, Dates & Financial Details

Plastic Products

Closed BSE SME

Phychem Technologies is engaged in the manufacturing of rotational molding (roto molding) compounds, which are specialized raw materials used in the production of hollow plastic products through the rotational molding process.Products and ManufacturingThe company primarily manufactures customized…

Open Date

Mon, 31 Aug 2026

Close Date

Wed, 02 Sep 2026

Price Band

₹ 51 – 54

Lot Size

2000

Issue Size

₹ 14.58 Cr

Minimum Investment

₹ 216,000 (4000 Shares)

Grey Market Premium Analysis

Day Wise GMP→

Unofficial premium quoted in the grey market, tracked daily against the price band cap.

25 Aug ₹0 26 Aug ₹3 27 Aug ₹3 28 Aug ₹3 29 Aug ₹3 30 Aug ₹3 31 Aug ₹1 01 Sep ₹1 02 Sep ₹1

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.

IPO Details

Phychem Technologies IPO subscription has closed. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹14.58 Crore, comprising a fresh issue of 27.00 Lakh equity shares aggregating to ₹14.58 Crore.

The company had fixed the price band at ₹51 to ₹54 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹216,000 (based on the upper price band) to apply for one lot.

MUFG Intime India Private Limited is the registrar to the issue. are the Book Running Lead Managers (BRLMs) to the issue.

With the subscription period now closed, investors can expect the basis of allotment to be finalized on September 03, 2026. Successful applicants are likely to receive shares in their demat accounts before the tentative listing on BSE SME Platform on September 07, 2026.

Phychem Technologies IPO Timeline (Tentative)

IPO Open Date
Mon, 31 Aug 26
IPO Close Date
Wed, 02 Sep 26
Basis of Allotment
Thu, 03 Sep 26
Initiation of Refunds
Fri, 04 Sep 26
Credit of Shares to Demat
Fri, 04 Sep 26
Listing Date
Mon, 07 Sep 26 — BSE

Open Date

31 August 2026

Close Date

02 September 2026

Basis Of Allotment

03 September 2026

Listing Date

07 September 2026

IPO Subscription

Check Live Subscription →

The Phychem Technologies IPO has received bids for 36,88,000 shares against 23,28,000 shares offered, resulting in an overall subscription of 2.05x. the NII category is subscribed 1.65x, Retail Investors 1.38x, and QIBs 3.53x. Within the NII category, BNII is subscribed 1.86x, while SNII is subscribed 1.24x.

QIB

3.53x

NII

0.63x

BNII

1.86x

SNII

1.24x

RII

1.38x

Total

2.05x

IPO Reservations

The Retail Individual Investor (RII) category has the highest allocation with 9,00,000 shares, representing 35.13% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,10,000 shares (19.83%), while Non-Institutional Investors (NIIs) receive 3,90,000 shares (15.07%).

Category Shares Offered Shares Offered
Anchor Investors762,00029.98%
Qualified Institutions510,00019.83%
Non-Institutional390,00015.07%
BNII258,0000%
SNII132,0000%
Retail Investors900,00035.13%
Total2,700,000100%

Financials Details(₹ in Crores)

Particular 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 25.32 20.75 17.83
Revenue 57.48 51.11 47.59
Profit After Tax 4.09 2.84 1.69
Net Worth 13.79 969930 6.86
Reserve & Surplus 6.25 9.41 6.57
Total Borrowings 5.91 4.59 5.61

Financials Performance

Company Revenue Vs Profit After Tax
57 4 31 Mar 2026 51 3 31 Mar 2025 48 2 31 Mar 2024 Revenue PAT

Performance Indicators

3.77%

EPS Pre

Earnings per share before the IPO.

14.32

P/E Pre

IPO Offer Price ÷ EPS Pre.

2.78%

EPS Post

Expected earnings per share after the IPO..

19.42x

P/E (Post Issue)

IPO Offer Price ÷ EPS Post.

Phychem Technologies Limited KPI Information

Particular Mar 2026 Mar 2025 Mar 2024
ROE % 34.82 34.33 28.18
ROCE % 32.73 31.99 23.27
Debt / Equity 0.43 0.47 0.82
RoNW % 24.7 29.3 29.66
Pat Margin % 7.24 5.65 3.61

Peers Comparison

No Peer Comparision Available

About Phychem Technologies Limited

Phychem Technologies is engaged in the manufacturing of rotational molding (roto molding) compounds, which are specialized raw materials used in the production of hollow plastic products through the rotational molding process.

Products and Manufacturing

The company primarily manufactures customized polyethylene-based roto molding compounds using materials such as Linear Low-Density Polyethylene (LLDPE), High-Density Polyethylene (HDPE), and specialty additives. These compounds are supplied in powder and granule forms and are customized according to the technical and performance requirements of customers.

The compounds are used by manufacturers of a wide range of hollow and molded plastic products, including:

  • Water, fuel, and chemical storage tanks

  • Portable toilets and sanitation products

  • Industrial containers

  • Plastic furniture

  • Agricultural and construction products

  • Automotive components

  • Customized molded plastic parts

Phychem Technologies also offers specialized compounds with properties such as foam effect, stone effect, flame retardancy, anti-static performance, and customized colors, enabling customers to manufacture products with specific functional and aesthetic characteristics.

Custom Manufacturing and Jobwork Services

In addition to manufacturing roto molding compounds, the company provides custom molding and specialized processing services. These include the manufacture of customized tanks and other molded products based on customer specifications.

The company also undertakes various jobwork activities, including:

  • Rotolining: Internal lining/coating of tanks and containers to improve chemical resistance and protect the underlying material.

  • Toll Pulverizing: Custom grinding and pulverizing of polymers and other plastic materials according to customer requirements.

Industries Served

Phychem Technologies caters to customers across multiple industries, including:

  • Construction and infrastructure

  • Water management and storage

  • Agriculture

  • Automotive

  • Chemical and industrial applications

  • Sanitation

  • Consumer products

  • General engineering and plastic processing

Manufacturing Facility and Quality

The company's manufacturing facility is located at Khatwad, Dindori, Nashik, Maharashtra. The facility is supported by an in-house laboratory and quality control department, enabling the company to monitor raw materials, production processes, and finished products.

Phychem Technologies is ISO 9001:2015 certified, reflecting its focus on quality management and standardized manufacturing processes. The company is also recognized as a One Star Export House by the Ministry of Commerce and Industry, Government of India.

Export Market

The company has an international customer base and exports its products to various countries across the Middle East, Asia, Africa, and other international markets. Its export destinations include Bahrain, Bangladesh, Iraq, Kuwait, Nigeria, Saudi Arabia, South Africa, Thailand, Turkey, the United Arab Emirates (UAE), and several other countries.

Distribution Business

Apart from its own manufacturing operations, Phychem Technologies also generates revenue through the distribution of imported products, equipment, and specialty chemicals used in the rotational molding and plastics processing industry.

The company acts as an authorized distributor for products from international manufacturers in several specialized categories, including:

  • Paints and coatings from the UK

  • Polypropylene compounds from Thailand

  • Specialty release agents from the USA

  • Process control equipment from Northern Ireland

  • Plastic welding machines from Canada

  • Flash-It ancillary tools from the UK

Overall Business Model

Overall, Phychem Technologies operates as an integrated supplier to the rotational molding industry, with its business comprising the manufacture of customized roto molding compounds, customized molded products, specialized jobwork services, and distribution of imported products and equipment.

Its combination of in-house manufacturing, laboratory and quality-control capabilities, customized product development, jobwork services, international exports, and distribution of specialized imported products enables the company to serve a broad range of customers in the plastics, industrial, infrastructure, agriculture, automotive, water-management, and consumer-product sectors.

Phychem Technologies IPO Promoters

  1. Umakant Savadekar
  2. Ulka Umakant Savadekar
  3. Nivrutti Sonu Savdekar 
  4. Vijaya Nivrutti Savdekar
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

0.00%

Phychem Technologies IPO Objective

The Company Phychem Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Repayment in full or in part, of certain of our outstanding borrowings 
  2. Funding the capital expenditure towards procurement of plant and machinery 
  3. Funding to meet working capital requirements 
  4. General Corporate Purpose 

Phychem Technologies Limited Address / Contact Details

Phychem Technologies Ltd.
Gat No. 172,
Khatwad, Dindori,
Nashik, Maharashtra, 422004
Phone: +91-95187-20873
Email: cs@phychem.com
Website: http://www.phychem.com/

IPO Snapshot

Face Value₹10 per share
Price Band ₹ 51 – 54
Lot Size2000
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 14.58 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 14.58 Cr
Listing AtBSE

Phychem Technologies IPO Lot Size

The Phychem Technologies IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,16,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,16,000.

Application Lots Shares Amount (₹)
Retail (Min)24,000216,000.00
Retail (Max)24,000216,000.00
S-HNI (Min)36,000324,000.00
S-HNI (Max)918,000972,000.00
B-HNI (Min)1020,0001,080,000.00

Issue Reservation

  • Anchor Investors — 29.98%
  • QIB — 19.83%
  • NII — 15.07%
  • RII — 35.13%

Phychem Technologies IPO Registrar

MUFG Intime India Private Limited

91-22-4918 6270

investor.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/home.html

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Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Phychem Technologies IPO?

Phychem Technologies IPO is a Book-building IPO with a total issue size of ₹14.58 crore. The Phychem Technologies IPO price band is ₹51 to 54 per share. The Phychem Technologies IPO subscription opens on Mon, Aug 31, 2026, and closes on Wed, Sep 2, 2026. The Phychem Technologies IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Phychem Technologies IPO.

When will the Phychem Technologies IPO open for subscription?

The Phychem Technologies IPO opens on Mon, Aug 31, 2026 and closes on Wed, Sep 2, 2026

What is Phychem Technologies IPO Price Band?

Phychem Technologies IPO Price Band is ₹51 to 54 per share.

What is Phychem Technologies IPO Lot Size?

Phychem Technologies IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹216000 based on the upper price band

What is the minimum investment for Phychem Technologies IPO?

The minimum investment for Phychem Technologies IPO is ₹216000, based on one lot of 2000 shares at the upper price band of ₹54 per share.

How to apply for Phychem Technologies IPO?

Investors can apply for the Phychem Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 2, 2026. The application amount remains blocked until the Phychem Technologies IPO allotment is finalized.

What is Phychem Technologies IPO Issue Size?

Phychem Technologies IPO issue size is ₹14.58 crores.

What is the Phychem Technologies IPO Allotment Date?

Phychem Technologies IPO allotment date is Thu, Sep 3, 2026.

Who is the Phychem Technologies IPO Registrar?

The registrar for Phychem Technologies IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Phychem Technologies IPO allotment status, refund processing, and other IPO-related information.

What is the Phychem Technologies IPO GMP?

The Phychem Technologies IPO GMP (Grey Market Premium) is ₹1 as of Wed, Sep 2, 2026. Based on the upper price band of ₹54 per share, the estimated Phychem Technologies IPO listing price is ₹55, indicating a potential listing gain of approximately 1.85% over the issue price.

Who is the Phychem Technologies IPO Lead Manager?

The book-running lead managers (BRLMs) for the Phychem Technologies IPO are —. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Phychem Technologies IPO Red Herring Prospectus (RHP).