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IPO Open

Mon, Aug 31, 2026

IPO Close

Wed, Sep 2, 2026

Price Band

₹51 to ₹54

Market Cap*

₹55.30 Cr * on Upper Price

IPO Details

  • IPO Date
    31 Aug to 2 Sep, 2026
  • Listing Date
    Mon, Sep 7, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹51 to ₹54
  • Lot Size
    2,000 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE SME
  • Total Issue Size
    27,00,000 shares (agg. up to ₹15 Cr)
  • Reserved for Market Maker
    1,38,000 shares (agg. up to ₹0.7452 Cr) Hem Finlease Pvt.Ltd.
  • Fresh Issue(Ex Market Maker)
    25,62,000 shares (agg. up to ₹14 Cr)
  • Net Offered to Public
    25,62,000 shares (agg. up to ₹14 Cr)
  • Share Holding Pre Issue
    75,40,000 shares
  • Share Holding Post Issue
    1,02,40,000 shares

  • IPO Open
    Mon, Aug 31, 2026
  • Allotment
    Thu, Sep 3, 2026
  • Credit of Shares
    Fri, Sep 4, 2026
  • IPO Close
    Wed, Sep 2, 2026
  • Refund
    Fri, Sep 4, 2026
  • Listing
    Mon, Sep 7, 2026

Issue Reservation

Phychem Technologies IPO comprises a total issue size of 27,00,000 shares. The net offer to the public is 25,62,000 shares, after excluding 1,38,000 shares allotted on a firm basis. Of the Net offer 12,76,000 (49.80%) are allocated to QIB, 3,86,000 (15.07%) allocated to NII 9,00,000 (35.13%) allocated to RII.

Investor Category Shares % of Net Issue % of Total Issue
QIB 12,76,000 49.80% 47.26%
  − Anchor Investor 7,68,000 28.44%
  − QIB (Ex. Anchor) 5,08,000 18.81%
NII (HNI) 3,86,000 15.07% 14.30%
Retail 9,00,000 35.13% 33.33%
Firm Reservations
Market Maker 1,38,000 5.11%
Total 27,00,000 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.

Application Lots Shares Amount
Individual investors (IND) (Min) 2 4,000 ₹2,16,000
Individual investors (IND) (Max) 2 4,000 ₹2,16,000
S-HNI (Min) 3 6,000 ₹3,24,000
S-HNI (Max) 9 18,000 ₹9,72,000
B-HNI (Min) 10 20,000 ₹10,80,000

About Phychem Technologies Ltd.                                                Updated on Aug 25, 2026

Incorporated in June 2013, Phychem Technologies Limited is engaged in the manufacturing of rotational molding (roto molding) compounds, which are used as key raw materials for producing hollow plastic products. The Company manufactures customized polyethylene-based compounds using LLDPE, HDPE and specialty additives, supplied in powder or granulated form to rotational molding manufacturers. Its products are used in applications such as water, fuel and chemical storage tanks, portable sanitation units, furniture, industrial containers and customized hollow plastic components.

The Company also manufactures specialized compounds including foam, stone effect, flame-retardant, anti-static and custom-coloured compounds, and undertakes production of custom-moulded tanks. In addition, it provides rotolining and toll pulverising jobwork services and distributes chemicals, compounds, tools and equipment used in the rotational moulding industry. The Company caters to customers across building and construction, water management, agriculture, automotive and consumer products industries and exports to several countries across Asia, Africa, Europe and the Middle East.

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

As of June 30, 2026, the Company had 33 permanent employees. The Company is led by experienced Promoters and management with extensive domain knowledge in the rotational moulding industry.

Competitive Strengths

  • Wide range of products serving diverse applications in the roto moulding industry.
  • In-house manufacturing facility with equipped machinery and processes.
  • Long-standing relationships with diversified customers across geographies.
  • Strong focus on Quality, Environment, Health and Safety.
  • Experienced Promoters and Management with extensive domain knowledge.

Company Financials (Restated)

Phychem Technologies Ltd.’s revenue increased by 12% and profit after tax (PAT) rose by 44% between the financial year ending with March 31, 2026 and March 31, 2025.  (Amount in ₹ Crore)

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

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IPO 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

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 34.82% 34.33%
ROCE 32.73% 31.99%
Debt/Equity 0.43 0.47
RoNW 29.66% 29.30%
PAT Margin 7.24% 5.65%
EBITDA Margin 10.78% 8.68%
NAV 18.29 12.86
Price to Book Value 4.20

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 5.42 3.99
P/E (x) 9.96 13.53
Market Cap at Offer Price ₹41Cr. ₹55.30 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 98.55% 72.56%
Public 1.45% 27.44%
Total 100% 100%

Company Promoters: Umakant Nivrutti Savadekar, Ulka Umakant Savadekar, Nivrutti Sonu Savdekar and Vijaya Nivrutti Savdekar.

IPO Registrar

MUFG Intime India Pvt.Ltd.

  • 022-49186000
  • hychemtechnologies.smeipo@in.mpms.mufg.com
  • Visit Website

IPO Lead Manager(s)

  1. Hem Securities Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Phychem Technologies Ltd. Address
Gat No. 172,
Khatwad
Dindori
Nashik, Maharashtra, 422004

IPO FAQs

Phychem Technologies IPO is a SME IPO of 27,00,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹51 to ₹54. The minimum order quantity is 2000.

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

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Angel One customers can apply online in Phychem Technologies IPO using UPI as a payment gateway. Angel One customers can apply in Phychem Technologies IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Phychem Technologies IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Phychem Technologies IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

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

Phychem Technologies IPO lot size is 2000, and the minimum amount required for application is ₹2,16,000, with 2 lots being the minimum application size.

You can apply in Phychem Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Phychem Technologies IPO will be done on Thursday, September 3, 2026, and the allotted shares will be credited to your demat account by Fri, Sep 4, 2026. Check the Phychem Technologies IPO allotment status.

The Phychem Technologies IPO listing date is not yet announced. The tentative date of listing is Mon, Sep 7, 2026.

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