SME
IPO ·
BSE SME
Phychem Technologies Ltd
Listed
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.
Issue details
Price band
₹51 – ₹54
Face value
₹10
Lot size
2,000 shares
Minimum investment
₹2,16,000
Issue size
₹14.58 Cr
Fresh issue
₹13.83 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE SME
Key dates
Opens
31 Aug 2026
Closes
2 Sep 2026
UPI mandate cut-off
5:00 PM on 2 Sep 2026
Allotment
3 Sep 2026
Refunds
4 Sep 2026
Shares in demat
4 Sep 2026
Listing
7 Sep 2026
Subscription and listing
Subscription
15.15x
Listing price
₹56
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Hem Securities
Subscription by category
Total
15.15x
Total applications
5,872
Anchor investors
Amount raised
₹4.11 Cr
Bid date
28 Aug 2026
50% lock-in ends
3 Oct 2026
Rest lock-in ends
2 Dec 2026
Listing day
Issue price
₹54
Open
₹56.00
High
₹58.80
Low
₹54.50
Day close
₹58.80
Listing gain at open
+3.70%
Issue structure
Shares reserved per category and share of the total issue
QIB
12,72,000
47.11%
Anchor Investor
7,62,000
28.22%
QIB (Ex. Anchor)
5,10,000
18.89%
NII
3,90,000
14.44%
bNII > ₹10L
2,58,000
9.56%
sNII < ₹10L
1,32,000
4.89%
Retail
9,00,000
33.33%
Market Maker
1,38,000
5.11%
Total
27,00,000
100.00%
Finaccle’s quick read
Neutral
FY26 income up 12%, PAT up 44%, ROE 34.82%, D/E 0.43, post-issue P/E 13.53x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
34.82%
ROCE
32.73%
Debt / equity
0.43
PAT margin
7.24%
P/E post issue
13.53
Market cap
₹55.30 Cr
Use of IPO money
Repayment in full or in part, of certain of outstanding borrowings
₹2.50 Cr
Funding the capital expenditure towards procurement of plant and machinery
₹5.15 Cr
Funding to meet working capital requirements
₹0.00 Cr
General Corporate Purposes
₹1.13 Cr
Issue Expenses
₹2.80 Cr
Strengths
✓
Wide range of products serving diverse applications in the roto moulding industry
✓
In-house manufacturing facility with equipped machinery and processes
✓
PAT up 44% in FY26 to ₹4.09 Cr
✓
ROE of 34.82% and ROCE of 32.73%
✓
Moderate leverage: debt to equity 0.43
Risks to watch
!
SME platform: large lot size and thinner trading liquidity
!
Modest PAT margin of 7.24%
Planning to take your own company public?
Every listing on this page started with a growing business that got its numbers, governance and paperwork ready for investors. If you are a promoter weighing an SME or main board IPO, we can tell you where you stand and what it will take.
Talk to our IPO Advisory team for readiness planning, or our IPO Consultancy team to run the listing end to end.
Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.