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Technichem Organics IPO: Check the latest GMP for Technichem Organics IPO here

News by Aliceblue News Desk

30 Dec 2024

Technichem Organics IPO: Check the latest GMP for Technichem Organics IPO here

Technichem Organics Limited IPO has ₹11 Grey Market Premium as of December 30, 2024, with a price range of ₹52 to ₹55 per share. Offering lots of 2,000 shares, the subscription window is open from December 31, 2024 to January 2, 2025. 

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Technichem Organics Limited IPO GMP Today

The Grey Market Premium (GMP) for Technichem Organics Limited is ₹11 as of December 30, 2024. This assessment coincides with a price of ₹52 to ₹55 per share for the IPO.

Technichem Organics Limited IPO Review 

As of June 30, 2024, Technichem Organics Limited reported substantial assets totaling ₹5,743.17 crore. The revenue for the period was ₹1,487.89 crore, with a profit after tax of ₹140.46 crore. The figures reflect the company’s operational efficiency in a challenging economic environment.

The company’s financial health is underpinned by a net worth of ₹2,102.50 crore and reserves and surplus of ₹829.37 crore. Total borrowings stood at ₹1,658.31 crore, showcasing a leveraged but strategically managed financial structure to support ongoing and future business operations..

To get a full IPO review, click here Technichem Organics IPO

Technichem Organics Limited IPO Date

Technichem Organics Limited will start accepting subscriptions from December 31, 2024 to January 2, 2025.

Technichem Organics Limited IPO Price

Technichem Organics Limited’s price range is at ₹52 to ₹55 per share with a face value of ₹10 each.

Technichem Organics Limited

Technichem Organics Limited, established in 1996, manufactures a wide range of chemicals including specialty chemicals, pigment, and dye intermediates. It serves diverse sectors like pharmaceuticals and agriculture, focusing on high-quality production. With a manufacturing capacity of 950,000 kg, it operates globally in 11 countries, emphasizing quality and safety across all operations.

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How To Apply For Technichem Organics Limited IPO?

To apply for the Technichem Organics Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Technichem Organics Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Technichem Organics Limited IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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