Listed SME IPO PHYCHEM

Phychem Technologies IPO GMP & Allotment

Phychem Technologies manufactures rotational molding compounds, which are utilized as essential raw materials for producing hollow plastic products through the rotational molding process. The company supplies these compounds in powder or granulated forms to manufacturers who create application-specific plastic products for various end-use industries, including water storage tanks, portable sanitation units, furniture, industrial containers, automotive components, and toys. Additionally, Phychem Technologies generates revenue by acting as an authorized distributor for products and chemicals used in the rotational molding industry. Its distributed offerings include paints, coatings, polypropylene compounds, specialty release agents, and process control equipment sourced globally. The company operates from its manufacturing facility located in Dindori, Nashik, which facilitates its production processes and ensures the delivery of its specialized compounds to domestic and international markets.

IPO Price Band
₹51.00 - ₹54.00
Lot Size
2,000 Shares
Bidding Closes
02 Sept 2026
Listing Date
07 Sept 2026
Will you apply for this IPO?
Is this GMP accurate?
Did you get allotted this IPO?
IPO Details

Complete IPO information

IPO Open Date 31 Aug 2026
IPO Close Date 02 Sept 2026
IPO Price Band ₹51.00 - ₹54.00
Lot Size 2,000 Shares
Current GMP ₹1
Estimated Listing Gain +3.70%
Issue Size -
Fresh Issue -
Issue Type SME
IPO Listing BSE SME
Retail Quota TBA
Registrar TBA
Overall Subscription 19.38x
Minimum Investment ₹2,16,000
DRHP Draft Prospectus PDF
RHP Draft Prospectus -
Demand Tracker

Subscription Status

Category Shares Reserved Shares Applied Subscription (x)
QIB 5.10 22 4.31x
NII 5.28 166.78 31.59x
Retail 9 186.88 20.76x
Overall Subscription 19.38 375.66 19.38x
Analysis

IPO Snapshot & Investor Takeaways

At the upper end of its price band, Phychem Technologies is priced at ₹54 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,16,000 to participate in this SME issue.

The latest recorded Grey Market Premium for Phychem Technologies stands at ₹1, implying an estimated listing gain of around 1.85% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.

As of the latest update, Phychem Technologies's IPO was subscribed 19.38x overall, with a category-wise breakdown of Retail 20.76x, QIB 4.31x, NII 31.59x.

SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.

Timeline

IPO roadmap at a glance

✓
Bidding Opens 31 Aug 2026
✓
Bidding Closes 02 Sept 2026
✓
Allotment 03 Sept 2026
✓
Listing 07 Sept 2026
Grey Market Premium

Daily GMP status

Date GMP Change Gain
07 Sept 2026 ₹1.00 - 1.85%
06 Sept 2026 ₹1.00 - 1.85%
01 Sept 2026 ₹1.00 -₹2.00 1.85%
31 Aug 2026 ₹3.00 - 5.56%
27 Aug 2026 ₹3.00 +₹3.00 5.56%
26 Aug 2026 ₹0.00 - 0.00%
Swipe to see more →
Market Lot

Application size breakdown

Category Lots Shares Amount
Retail Minimum 2 Lot 4,000 ₹2,16,000
Retail Maximum 2 Lot 4,000 ₹2,16,000
S-HNI Minimum 3 Lot 6,000 ₹3,24,000
S-HNI Maximum 9 Lot 18,000 ₹9,72,000
B-HNI Minimum 10 Lot 20,000 ₹10,80,000
Swipe to see more →
Fund Utilization

Objects of the Issue & Official Documents

Analysis

Phychem Technologies IPO Reservation

The Phychem Technologies IPO reservation is divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors and Anchor Investors.

As per the category-wise allocation, 50% of the issue is reserved for Qualified Institutional Buyers, 15% for Non-Institutional Investors and 35% for Retail Individual Investors.

Investor Category Shares Offered Shares (%)
Anchor Investor – Shares -%
QIB (Ex. Anchor) – Shares 50%
NII Shares Offered – Shares 15%
Retail Shares Offered – Shares 35%
Note: The exact number of shares offered under each investor category is currently unavailable. The reservation structure provides up to 50% for QIBs, at least 15% for NIIs and at least 35% for Retail Investors. The final share-wise allocation can be updated once officially available.
Analysis

Phychem Technologies IPO Anchor Investors

The Phychem Technologies IPO anchor bidding is scheduled for August 28, 2026, ahead of the public issue opening on August 31, 2026.

The final number of shares allocated to anchor investors, anchor issue size and the complete anchor investor list are currently awaited and can be updated after completion of the anchor bidding process.

Particular Details
Anchor Bidding Date August 28, 2026
Anchor Investors List Awaited
Shares Offered – Shares
Anchor Size – Cr.
Lock-in Period End Date – 50% Shares (30 Days) 2026
Lock-in Period End Date – Remaining 50% Shares (90 Days) 2026
Note: Anchor bidding is scheduled for August 28, 2026. The final anchor investor names, number of shares allotted, anchor amount and applicable lock-in expiry dates should be updated after the anchor allocation is officially announced.
Analysis

Phychem Technologies IPO Dates

Particular Dates
IPO Open Date 31 Aug 2026
IPO Close Date 02 Sept 2026
Basis of Allotment 03 Sept 2026
Refunds -
Credit to Demat Account -
IPO Listing Date 07 Sept 2026

Note: The timeline for Phychem Technologies IPO is tentative and subject to change.

Analysis

Phychem Technologies IPO Promoters and Holding Pattern

The promoters of Phychem Technologies are Umakant Savadekar, Ulka Umakant Savadekar, Nivrutti Sonu Savdekar and Vijaya Nivrutti Savdekar.

Before the IPO, the promoter and promoter group collectively hold 75,40,000 equity shares, representing 100% of the company's pre-IPO equity share capital. There are no shares classified under the Others category in the pre-IPO holding pattern.

Following the fresh issue of 27,00,000 equity shares, the company's total outstanding equity shares are expected to increase from 75,40,000 shares to 1,02,40,000 shares. As a result, the existing promoters' percentage ownership will be diluted after the IPO.

Promoters of Phychem Technologies

  • Umakant Savadekar
  • Ulka Umakant Savadekar
  • Nivrutti Sonu Savdekar
  • Vijaya Nivrutti Savdekar
Particular Pre IPO Shares Pre IPO % Shares Post IPO Shares Post IPO % Shares
Promoter and Promoter Group 75,40,000 100% – -%
Others* – -% – -%
Total 75,40,000 100% 1,02,40,000 100%
Holding Pattern: Since the IPO consists of a fresh issue of 27,00,000 shares, the total equity share capital will increase to 1,02,40,000 shares. Based on the existing 75,40,000 promoter shares remaining unchanged, the promoter holding would be approximately 73.63% post-IPO.
Analysis

Phychem Technologies Objects of the Issue & Utilisation of Proceeds

To Be Updated Soon

Analysis

Phychem Technologies About IPO

Phychem Technologies is one of the leading manufacturers of rotational molding (roto molding) compounds, a raw material used to make hollow plastic products. Phychem makes customized polyethylene-based compounds made from LLDPE, HDPE, and special additives supplied in powder or granule form, which are used to manufacture water, fuel, and chemical storage tanks, portable toilets, furniture, industrial containers, and other molded plastic parts. 

Its product portfolio includes foam, stone-effect, flame-retardant, anti-static, and custom-colored compounds serving a wide range of industries such as construction, water management, agriculture, automotive, and consumer goods. Moreover, the company also makes customized molded tanks. Its manufacturing facility is in Khatwad, Dindori, Nashik, Maharashtra, which includes its own laboratory and quality control department. They export their products to many countries such as Bahrain, Bangladesh, Iraq, Kuwait, Nigeria, Saudi Arabia, South Africa, Thailand, Turkey, UAE, and many others.

Analysis

Phychem Technologies Company Financials

To Be Updated Soon

Analysis

Phychem Technologies Company Valuation – FY2026

To Be Updated Soon

Analysis

Phychem Technologies IPO Peer Group Comparison

To Be Updated Soon

Analysis

Phychem Technologies IPO Lead Managers aka Merchant Bankers Hem Securities Ltd.

  • Hem Securities Ltd.
Comparison

Compare Phychem Technologies IPO with similar IPOs

FAQ

Phychem Technologies IPO FAQs

Phychem Technologies IPO GMP today is Rs 1. Investors can use this GMP along with price band and subscription status for a better IPO review.
Phychem Technologies IPO price band is Rs 51.00 to Rs 54.00. Check the latest issue price, lot size and GMP together before applying.
Phychem Technologies IPO open date is 31 Aug 2026, close date is 02 Sept 2026, and listing date is 07 Sept 2026.
Phychem Technologies IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,16,000.
Phychem Technologies is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Phychem Technologies IPO subscription status currently shows Retail 20.76x, QIB 4.31x, NII 31.59x, Overall 19.38x.
Phychem Technologies manufactures rotational molding compounds, which are utilized as essential raw materials for producing hollow plastic products through the rotational molding process. The company supplies these compounds in powder or granulated forms to manufacturers who create application-specific plastic products for various end-use industries, including water storage tanks, portable sanitation units, furniture, industrial containers, automotive components, and toys. Additionally, Phychem Technologies generates revenue by acting as an authorized distributor for products and chemicals used in the rotational molding industry. Its distributed offerings include paints, coatings, polypropylene compounds, specialty release agents, and process control equipment sourced globally. The company operates from its manufacturing facility located in Dindori, Nashik, which facilitates its production processes and ensures the delivery of its specialized compounds to domestic and international markets.
Phychem Technologies IPO issue size is TBA and the expected allotment date is 03 Sept 2026.
Community discussion

Comments

Share a useful question or insight about Phychem Technologies.

Loading comments...

Leave a comment

Your email address will not be published. All comments and replies are reviewed before appearing.

Related Topics
Phychem Technologies IPOPhychem Technologies GMPPhychem Technologies IPO GMPPhychem Technologies IPO GMP todayPhychem Technologies grey market premiumPhychem Technologies price bandPhychem Technologies subscription statusPhychem Technologies allotment statusPhychem Technologies listing datePhychem Technologies lot sizePhychem Technologies IPO reviewPhychem Technologies IPO listing gain estimatePhychem Technologies GMP calculatorPhychem Technologies IPO 2026