Phychem Technologies IPO
ListedSMEPlastic products
18.93×
Subscribed
Price band
₹54 – ₹54
Lot size
2,000
1 lot = ₹1,08,000
Issue size
₹14.58 Cr
Open – close
31 Aug 2026
to 02 Sept 2026
Listing
07 Sept 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has not been analysed yet. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens31 Aug 2026
- Closes02 Sept 2026
- Allotment03 Sept 2026
- Listing07 Sept 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB4.31x
Non-institutionalNII / HNI31.36x
Retail individualRII19.93x
Chance of allotment
Retail19.93× subscribed
~1 in 19.9
Minimum 2 lots · 4,000 shares · ₹2,16,000 blocked
Retail is 19.93× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 19.9 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII31.36× subscribed
~1 in 31.4
Minimum 1 lot · 2,000 shares · ₹1,08,000 blocked
HNI is 31.36× subscribed. This category is allotted proportionately, so a bid receives roughly 1/31.4 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹54 – ₹54
Face value₹10
Lot size2,000shares
Minimum application₹1,08,000at cut-off
Total issue size₹14.58 Cr
Listing atSME platform
Company & valuation
ISININE24YP01017
RegistrarMUFG Intime India Pvt Ltd
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+11.1%
Listed up
6 of 8
Best
+90.0%
Shanti Inorganics
Worst
-0.7%
Mopshop Distribution
Shanti Inorganicssame segment
131.8× sub+90.0%
Dhanwel Hybrid Seedssame segment
1.6× sub+0.0%
Mopshop Distributionsame segment
-0.7%
Anawil Wire and Engineeringsame segment
138.6× sub+22.1%
Fusion Klassroom Edutechsame segment
1.5× sub+6.9%
Dhaval Packagingsame segment
46.2× sub+13.4%
31.2× sub+15.6%
7.9× sub+8.9%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Phychem Technologies
Phychem Technologies Limited manufactures rotational moulding (roto moulding) compounds used as raw materials for producing hollow plastic products. Its product portfolio primarily includes customised polyethylene-based compounds formulated using linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE) and specialty additives, supplied in powder or granulated form. These compounds are used in products such as water, fuel, and chemical storage tanks, portable sanitation units, furniture and industrial containers. The company also manufactures custom-moulded tanks and provides jobwork services, including rotolining and toll pulverising. In addition, it undertakes trading and distribution of chemicals, compounds, tools, and equipment used in the rotational moulding industry. The company operates its manufacturing facility at Khatwad, Dindori, Nashik, Maharashtra, which includes a laboratory and quality control department. Its manufacturing process includes blending, pelletising and pulverisation. The company exports its products to various countries and is an ISO 9001:2015 certified company.
Founded 2013MD Mr Umakant Nivrutti SavadekarSector Plastic products
Offer documents
The primary sources everything above is drawn from
Common questions
How many times is the Phychem Technologies IPO subscribed?
Phychem Technologies is subscribed 18.93× overall (QIB 4.31×, NII 31.36×, retail 19.93×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, MUFG Intime India Pvt Ltd.
What is the minimum investment in the Phychem Technologies IPO?
One lot is 2,000 shares, so a retail application at the ₹54 cut-off price blocks ₹1,08,000. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Phychem Technologies IPO?
The retail portion is subscribed 19.93×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 20. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Phychem Technologies IPO allotment date?
Allotment is scheduled for 2026-09-03, with listing on 2026-09-07. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, MUFG Intime India Pvt Ltd.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.