Phychem Technologies IPO is a Book Built SME public issue of Phychem Technologies Limited. The IPO comprises a fresh issue of 27,00,000 equity shares with a face value of ₹10 per share. The price band is fixed at ₹51 to ₹54 per equity share. At the upper price band, the total issue size is approximately ₹14.58 crore. The equity shares are proposed to be listed on the BSE SME platform.
Phychem Technologies IPO is scheduled to open for subscription on 31 August 2026 and close on 2 September 2026. The basis of allotment is scheduled for 3 September 2026, refunds are scheduled to begin on 4 September 2026, and shares are expected to be credited to demat accounts on 4 September 2026. The proposed listing date is 7 September 2026.
Phychem Technologies Limited was incorporated in 2013 and operates in the manufacturing and supply of polymer-based products. The company has developed its business around plastic and polymer products serving industrial applications.
The company has reported revenue of ₹57.48 crore in FY2026 compared with ₹51.11 crore in FY2025. Profit after tax increased to ₹4.09 crore in FY2026 from ₹2.84 crore in FY2025.
The company proposes to use the IPO proceeds for its business requirements and expansion. Investors should evaluate the company’s financial performance, valuation, working-capital requirements, industry competition, customer concentration and other associated risks before making an investment decision.
Phychem Technologies IPO Details
| Information | Details |
|---|---|
| IPO Name | Phychem Technologies IPO |
| Company Name | Phychem Technologies Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹51 to ₹54 Per Share |
| Issue Size | Approx. ₹14.58 Crore |
| Fresh Issue | 27,00,000 Equity Shares |
| Fresh Issue Amount | Approx. ₹14.58 Crore |
| Offer for Sale | Nil |
| Total Issue Shares | 27,00,000 Equity Shares |
| Market Maker Reservation | 1,38,000 Equity Shares |
| Net Issue | 25,62,000 Equity Shares |
| IPO Open Date | 31 August 2026 |
| IPO Close Date | 2 September 2026 |
| Anchor Investor Bidding | 28 August 2026 |
| Basis of Allotment | 3 September 2026 |
| Refund Initiation | 4 September 2026 |
| Shares Credited to Demat Account | 4 September 2026 |
| Listing Date | 7 September 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 2,000 Equity Shares |
| Minimum Application | 2 Lots (4,000 Shares) |
| Minimum Application Amount | ₹2,16,000 |
| Registrar | MUFG Intime India Private Limited |
| Book Running Lead Manager | Hem Securities Limited |
| Market Maker | |
| DRHP | Available |
| RHP | Available |
The issue consists of up to 27,00,000 equity shares. At ₹51 per share, the issue value is approximately ₹13.77 crore, while at the upper price band of ₹54 per share, it amounts to approximately ₹14.58 crore. The market maker reservation portion comprises 1,38,000 shares.
A Draft Red Herring Prospectus for Phychem Technologies Limited was filed previously. The offer-document information identifies the company, its promoters, business activities and proposed public issue.
Phychem Technologies IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 28 August 2026 |
| IPO Opening Date | 31 August 2026 |
| IPO Closing Date | 2 September 2026 |
| Basis of Allotment | 3 September 2026 |
| Refund Initiation | 4 September 2026 |
| Shares Credited to Demat Account | 4 September 2026 |
| Listing Date | 7 September 2026 |
Phychem Technologies IPO is scheduled to open on 31 August 2026 and close on 2 September 2026. The basis of allotment is scheduled for 3 September 2026, followed by refunds and demat credit on 4 September 2026. The proposed listing is scheduled for 7 September 2026.
Phychem Technologies IPO Reservation
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 12,76,000 Shares | 49.80% | 47.26% |
| Non-Institutional Investors (NII) | 3,86,000 Shares | 15.07% | 14.30% |
| Retail Individual Investors (RII) | 9,00,000 Shares | 35.13% | 33.33% |
| Market Maker | 1,38,000 Shares | — | 5.11% |
| Total | 27,00,000 Shares | 100% | 100% |
The IPO reservation includes shares for qualified institutional buyers, non-institutional investors and retail individual investors, along with a separate market maker reservation portion. The available IPO information shows 12,76,000 shares for QIBs, 3,86,000 shares for NIIs and 9,00,000 shares for retail investors.
Phychem Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 4,000 Shares | ₹2,16,000 |
| Retail Maximum | 2 Lots | 4,000 Shares | ₹2,16,000 |
| S-HNI Minimum | 3 Lots | 6,000 Shares | ₹3,24,000 |
| S-HNI Maximum | |||
| B-HNI Minimum |
The Phychem Technologies IPO market lot is 2,000 shares. Individual investors need to apply for a minimum of 2 lots, or 4,000 shares. At the upper price band of ₹54, the minimum application amount is ₹2,16,000.
About Phychem Technologies Limited
Phychem Technologies Limited was incorporated in 2013 as Phychem Technologies Private Limited and was subsequently converted into a public limited company in 2025. The company’s registered office is located in Dindori, Nashik, Maharashtra.
The company operates in the polymer and plastic products segment. Its business involves manufacturing and supplying products for industrial applications.
The company has developed its operations around polymer-based products and serves customers requiring specialised plastic and polymer solutions.
Its manufacturing capabilities and product portfolio provide exposure to the broader plastics and polymer industry, which supplies products to several industrial sectors.
Business Operations
Phychem Technologies operates in the plastic and polymer products industry.
- Polymer product manufacturing
- Plastic product manufacturing
- Industrial polymer solutions
- Polymer-based components
- Manufacturing and supply of industrial products
- Customer-specific product requirements
- Industrial applications
- Product development and manufacturing support
The company’s business is connected with India’s wider manufacturing and industrial ecosystem, where polymer and plastic products are used across different applications.
Industry Overview
India’s plastics and polymer industry is an important part of the manufacturing sector. Polymer-based products are used across packaging, construction, automotive, electrical, consumer goods and industrial applications.
Growth in manufacturing, infrastructure development and industrial production can create demand for polymer-based products.
The industry is also supported by increasing requirements for lightweight, durable and cost-effective materials. Manufacturers that can develop specialised products and maintain consistent quality may benefit from increasing industrial demand.
However, the plastics and polymer industry is exposed to fluctuations in raw-material prices, particularly petrochemical-derived inputs. Changes in input costs can affect margins if companies are unable to pass increased costs to customers.
Competition is another important factor. Manufacturers need to maintain product quality, production efficiency and customer relationships to compete effectively.
Business Strategy
Phychem Technologies focuses on strengthening its manufacturing and business operations in the polymer and plastic products segment.
The company intends to use the IPO proceeds to support its business requirements and strengthen its financial resources.
Its strategy is supported by its existing manufacturing capabilities and experience in supplying polymer-based products for industrial applications.
Expansion in manufacturing capacity, product development and customer relationships can provide opportunities for future growth. At the same time, effective management of raw-material costs, working capital and production efficiency remains important for profitability.
Phychem Technologies IPO Financial Information
The company has reported growth in revenue and profitability during the reported financial periods.
Revenue increased from ₹51.11 crore in FY2025 to ₹57.48 crore in FY2026. Profit after tax increased from ₹2.84 crore to ₹4.09 crore during the same period.
Phychem Technologies Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | ₹51.11 Crore | ₹57.48 Crore | |
| Profit After Tax (PAT) | ₹2.84 Crore | ₹4.09 Crore | |
| EBITDA | |||
| Total Assets | |||
| Net Worth | |||
| Total Borrowings |
Only figures that are sufficiently established in the available IPO information are included above. Unavailable financial figures have been kept blank rather than using unverified numbers.
Revenue increased by approximately 12% from FY2025 to FY2026, while PAT increased by approximately 44%.
Phychem Technologies IPO Key Performance Indicators (KPIs)
| KPI | Value |
|---|---|
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Net Worth (RONW) | |
| EBITDA Margin | |
| PAT Margin | |
| Debt-to-Equity Ratio | |
| Earnings Per Share (EPS) | |
| Net Asset Value (NAV) Per Share | |
| Price to Earnings (P/E) |
The KPI figures have been kept blank where sufficiently verified information is not available. No unverified figures have been added.
Objects of the Phychem Technologies IPO
The company proposes to utilise the net proceeds from the IPO for its stated corporate and business purposes.
The exact category-wise utilisation figures have been kept blank where the information could not be sufficiently verified from the available offer-document data.
| Object of the Issue | Amount |
|---|---|
| Capital Expenditure | |
| Working Capital Requirements | |
| Repayment / Prepayment of Borrowings | |
| General Corporate Purposes |
Phychem Technologies IPO GMP
Phychem Technologies IPO GMP refers to the unofficial premium at which the shares may trade in the grey market before listing.
| Particular | Value |
|---|---|
| Phychem Technologies IPO GMP | ₹0 |
| IPO Price | ₹51 to ₹54 |
| Estimated Listing Price | ₹54 |
| GMP Percentage | 0% |
The available grey-market indication is ₹0. GMP is unofficial, unregulated and can change before listing. It should not be considered a guaranteed listing price or investment return.
Phychem Technologies IPO Listing Performance
Phychem Technologies shares are scheduled to be listed on the BSE SME platform on 7 September 2026.
| Particular | Value |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | 7 September 2026 |
| Issue Price | ₹54 Per Share |
| Listing Price | |
| Listing Gain | |
| Listing Gain (%) |
The listing price and listing gain are kept blank because the IPO is yet to list. The actual listing price will be known on the listing date.
Phychem Technologies IPO Subscription Status
Phychem Technologies IPO is scheduled to open for subscription on 31 August 2026 and close on 2 September 2026.
IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | |
| Non-Institutional Investors (NII) | |
| Retail Individual Investors (RII) | |
| Employee Category | |
| Total Subscription |
Subscription figures are kept blank because the IPO has not yet opened for public bidding. The figures should be updated after the subscription window begins.
Phychem Technologies IPO Review
Phychem Technologies Limited operates in the plastic and polymer products segment and has developed its business around manufacturing and supplying polymer-based products for industrial applications.
The company has an operating history dating back to 2013 and is based in Maharashtra. Its business is connected with the broader industrial manufacturing ecosystem, where polymer and plastic products are used across multiple applications.
The company’s reported financial performance has improved. Revenue increased from ₹51.11 crore in FY2025 to ₹57.48 crore in FY2026, while PAT increased from ₹2.84 crore to ₹4.09 crore.
The IPO has a relatively small issue size of approximately ₹14.58 crore at the upper price band. The company is seeking to raise funds through a fresh issue, with no Offer for Sale component indicated in the available issue details.
The price band is ₹51 to ₹54 per share and the minimum application requires 4,000 shares, resulting in a minimum investment of ₹2,16,000 at the upper price band.
Investors should consider the company’s size, competition within the polymer industry, raw-material price volatility, customer concentration, working-capital requirements and ability to maintain margins.
Overall, this IPO offers exposure to a small-cap SME company operating in the polymer and plastic products segment. The improvement in revenue and profitability is positive, but investors should conduct detailed due diligence on valuation, financial position, business concentration and industry risks before making an investment decision.
Phychem Technologies IPO Strengths
- Operating history dating back to 2013.
- Presence in the polymer and plastic products segment.
- Exposure to multiple industrial applications.
- Revenue growth between FY2025 and FY2026.
- Improvement in profit after tax during FY2026.
- Fresh issue provides capital directly to the company.
- SME platform provides access to the capital market for future growth.
- Business operates within India’s broader manufacturing ecosystem.
Phychem Technologies IPO Risk Factors
- The company operates in a competitive polymer and plastic products industry.
- Raw-material price fluctuations can affect profitability.
- Changes in petrochemical and polymer input prices may affect margins.
- The company operates on a relatively small scale.
- Customer concentration may affect revenue stability.
- Working-capital requirements can affect cash flows.
- Industrial demand can be affected by broader economic conditions.
- Competition from larger and established manufacturers may affect market share.
- Manufacturing operations are exposed to operational and production risks.
- SME-listed shares may have lower liquidity than mainboard stocks.
Phychem Technologies IPO Promoters
The promoters of Phychem Technologies Limited are Umakant Savadekar, Ulka Umakant Savadekar, Nivrutti Sonu Savdekar and Vijaya Nivrutti Savdekar. These names are identified in the company’s draft offer document.
Promoters Details
| Promoter | Designation |
|---|---|
| Umakant Savadekar | Promoter |
| Ulka Umakant Savadekar | Promoter |
| Nivrutti Sonu Savdekar | Promoter |
| Vijaya Nivrutti Savdekar | Promoter |
Management Team
| Name | Designation |
|---|---|
| Pooja Sharma | Company Secretary & Compliance Officer |
Only management information that could be sufficiently verified has been included. Other fields are intentionally left blank.
Phychem Technologies IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, processing refunds, crediting shares to successful applicants and handling investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | MUFG Intime India Private Limited |
| Website | |
| IPO Allotment Status | |
| Email ID | |
| Contact Number |
MUFG Intime India Private Limited is identified as the registrar for the Phychem Technologies IPO.
Phychem Technologies IPO Lead Manager Details
Hem Securities Limited is identified as the lead manager for the Phychem Technologies IPO.
| Particular | Details |
|---|---|
| Lead Manager | Hem Securities Limited |
| Role | Book Running Lead Manager |
Phychem Technologies Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Phychem Technologies Limited |
| Registered Office | Gat No. 172, Khatwad, Dindori, Nashik, Maharashtra – 422004 |
| Website | www.phychem.com |
| Email ID | [email protected] |
| Contact Number | +91-95187-20873 |
The company’s registered office and contact information are identified in its offer document.
How to Check Phychem Technologies IPO Allotment Status
Investors can check the Phychem Technologies IPO allotment status after the basis of allotment has been finalised through the registrar’s IPO allotment facility.
Through MUFG Intime India Private Limited
- Visit the official IPO allotment facility of the registrar.
- Select Phychem Technologies IPO from the available IPO list.
- Select PAN Number, Application Number or DP/Client ID.
- Enter the required details.
- Submit the information to view the allotment status.
The basis of allotment is scheduled for 3 September 2026, refunds are scheduled for 4 September 2026 and shares are expected to be credited to demat accounts on 4 September 2026. The proposed listing date is 7 September 2026.
Phychem Technologies IPO Conclusion
Phychem Technologies IPO provides investors with an opportunity to participate in an SME company operating in the plastic and polymer products segment.
The company has an operating history dating back to 2013 and is based in Maharashtra. Its business is connected with the wider industrial manufacturing ecosystem and polymer-based product demand.
Financial performance improved in FY2026, with revenue increasing to ₹57.48 crore from ₹51.11 crore in FY2025. PAT increased to ₹4.09 crore from ₹2.84 crore during the same period.
The IPO price band is ₹51 to ₹54 per share, while the total issue size is approximately ₹14.58 crore at the upper price band. The IPO is scheduled to open on 31 August 2026 and close on 2 September 2026.
The IPO is proposed to be listed on the BSE SME platform on 7 September 2026. Since the IPO is upcoming, subscription figures and listing performance are not yet available and have been kept blank.
Investors should carefully evaluate the company’s valuation, financial performance, raw-material exposure, working-capital requirements, competition and other risks before making an investment decision.
Phychem Technologies IPO FAQs
What is Phychem Technologies IPO?
Phychem Technologies IPO is a Book Built SME public issue of Phychem Technologies Limited, a company operating in the plastic and polymer products segment.
What is the Phychem Technologies IPO Price?
The Phychem Technologies IPO price band is ₹51 to ₹54 per equity share.
What is the Phychem Technologies IPO Issue Size?
The Phychem Technologies IPO issue size is approximately ₹14.58 crore at the upper price band.
When will Phychem Technologies IPO open and close?
The IPO is scheduled to open on 31 August 2026 and close on 2 September 2026.
What is the Phychem Technologies IPO Lot Size?
The Phychem Technologies IPO lot size is 2,000 equity shares. The minimum application is 2 lots, or 4,000 shares.
What is the minimum investment in Phychem Technologies IPO?
At the upper price band of ₹54 per share, the minimum application of 4,000 shares requires ₹2,16,000.
What is the Phychem Technologies IPO GMP?
The available Phychem Technologies IPO GMP is ₹0. GMP is unofficial and can change before listing.
When is the Phychem Technologies IPO Allotment Date?
The Phychem Technologies IPO basis of allotment is scheduled for 3 September 2026.
What is the Phychem Technologies IPO Listing Date?
Phychem Technologies shares are scheduled to be listed on the BSE SME platform on 7 September 2026.
Who is the registrar for Phychem Technologies IPO?
MUFG Intime India Private Limited is the registrar to the Phychem Technologies IPO.
