Phychem Technologies IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 47.59 | 51.11 | 57.48 |
| Expense | 45.22 | 47.33 | 51.94 |
| Profit (PAT) | 1.69 | 2.84 | 4.09 |
| Total Assets | 17.83 | 20.75 | 25.32 |
Promoters: Umakant Savadekar, Ulka Umakant Savadekar, Nivrutti Sonu Savdekar and Vijaya Nivrutti Savdekar
Strengths & Risks
- Heavily oversubscribed — 20.9x overall (so far).
- Strong institutional (QIB) demand — 4.3x.
- Strong return on equity — 30%.
Our metrics didn't flag a major concern for Phychem Technologies from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
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.
| Purpose | Amount (Cr) |
|---|---|
| Repayment in full or in part, of certain of our outstanding borrowings | 3.00 |
| Funding the capital expenditure towards procurement of plant and machinery | 4.86 |
| Funding to meet working capital requirements | 3.00 |
| General Corporate Purpose | - |
Resources & Documents
Phychem Technologies Ltd., Gat No. 172,, Khatwad, Dindori,, Nashik, Maharashtra, 422004
Phychem Technologies has set a price band of Rs 51–Rs 54 per share for an issue size of Rs 15 crore. The stock listed with a 3.70% gain versus its issue price on September 07, 2026.
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.
The issue is promoted by Umakant Savadekar, Ulka Umakant Savadekar, Nivrutti Sonu Savdekar and Vijaya Nivrutti Savdekar with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment in full or in part, of certain of our outstanding borrowings (Rs 3 crore) and Funding the capital expenditure towards procurement of plant and machinery (Rs 5 crore).
Grey market is quoting a premium of +Rs 1 (+1.9% over issue price). Final subscription data records overall subscription at 20.87x, retail at 20.76x, QIB at 4.31x, NII at 42.76x.
On fundamentals, the company is posting revenue growth of 12.5%, a profit margin of 7.1%, return on equity of 29.7% in its most recent reported period.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Phychem Technologies IPO GMP — What It Means
The latest grey market premium for Phychem Technologies IPO is ₹1 (+1.9%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Phychem Technologies it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Phychem Technologies GMP history and trend, or learn how grey market premium works and how reliable it is.
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