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
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 | |
| RHP Draft Prospectus | - |
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 |
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.
IPO roadmap at a glance
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% |
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 |
Objects of the Issue & Official Documents
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% |
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 |
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.
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% |
Phychem Technologies Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
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.
Phychem Technologies Company Financials
To Be Updated Soon
Phychem Technologies Company Valuation – FY2026
To Be Updated Soon
Phychem Technologies IPO Peer Group Comparison
To Be Updated Soon
Phychem Technologies IPO Lead Managers aka Merchant Bankers Hem Securities Ltd.
- Hem Securities Ltd.
Compare Phychem Technologies IPO with similar IPOs
Phychem Technologies IPO FAQs
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