Phychem Technologies IPO: Date, Price, GMP & Review | Finowings

Phychem Technologies IPO- Company Analysis

Phychem Technologies IPO under the SME IPO category is a bookbuild issue of Rs. 14.58 Cr by Phychem Technologies Limited, which is in the production of compounds used in rotational molding, or roto molding, which are essential raw ingredients for hollow plastic items. 

Using LLDPE, HDPE, and specialty additives, the company produces bespoke polyethylene-based compounds that are delivered to rotational molding producers in powder or granulated form. Applications for its goods include furniture, industrial containers, water, fuel, and chemical storage tanks, portable sanitation units, and custom hollow plastic parts.

Additionally, the company produces custom-molded tanks and specific compounds, including foam, stone-effect, flame-retardant, anti-static, and custom-colored. It also distributes chemicals, compounds, tools, and equipment used in the rotational molding sector and offers rotolining and toll pulverizing jobwork services.

Phychem Technologies IPO Details

The Phychem Technologies IPO date of opening is 31 Aug 2026; its initial public offering will end on 02 Sep, IPO allotment on Sep 03 and refund initiation on Sep 04, 2026.

The Rs. 14.58 crore new SME IPO comprises a wholly fresh issue of 0.27 crore shares.

The Phychem Technologies IPO listing date (expected) might be Monday, Sep 07, 2026, with listing on the BSE and SME. 

The Phychem Technologies IPO price band is Rs. 51 to Rs. 54.

IPO Timetable (Tentative)

Click to open demat account and apply for the IPO.

Company Financials

(Amount in Cr)

Cash Flows

(Amount in Lac)

Revenue Bifurcation

(Rs. in Lac)

(Source: RHP)

The Objective of the Issue

The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Repayment in full or in part of certain outstanding borrowings. ~ Rs. 2.50 Cr.

• Funding the capital expenditure towards procurement of plant and machinery. ~ Rs. 5.15 Cr.

• General Corporate Purposes.
  
  

Listed Peers of Phychem Technologies Ltd.

No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.

Valuation

Evaluation of P/E Ratio

Considering the period ended on FY 2026 with an EPS of Rs. 5.42 from the last year, the resulting P/E ratio is 9.96x.

Explore the Shanti Inorganics IPO.

IPO's Strengths

• Wide range of products serving diverse applications in the roto moulding industry.

• In-house manufacturing facility with equipped machinery and processes.

• Long-standing relationships with diversified customers across geographies.

• Strong focus on Quality, Environment, Health and Safety.

IPO's Weaknesses

• The company's Nashik manufacturing site is essential to its operations. Production and financial performance could be negatively impacted by any disruption brought on by equipment failure, labor disputes, operational problems, or shutdowns.

• A sizable amount of the business's income comes from a small number of important clients who don't have long-term supply contracts. The operations and profitability of a firm may be negatively impacted by the loss of important clients or a decrease in their purchase volumes.

• For essential raw materials, the business is largely dependent on a small number of suppliers; over half of all purchases made during the previous three fiscal years came from its biggest source. Operations and financial outcomes could be negatively impacted by any supply disruption, price rise for raw materials, or problems with quality.
  
  

Phychem Technologies IPO GMP

Phychem Technologies IPO GMP today has not started yet as of 26 August 2026, while writing this information. 

Phychem Technologies IPO Summary

IPO Lot Details

Retail investors can invest in a minimum and maximum of 2 Lots (4000 Shares) for Rs. 2,16,000, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (6000 Shares) for Rs. 3,24,000.

Phychem Technologies IPO Allotment Status

To check the Phychem Technologies IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Phychem Technologies Ltd.

• Umakant Nivrutti Savadekar

• Ulka Umakant Savadekar

• Nivrutti Sonu Savdekar 

• Vijaya Nivrutti Savdekar.

IPO Lead Managers

• Hem Securities Ltd.
  
  

Dividend Policy

The company has not paid a dividend during the last three FYs.

Conclusion

Phychem Technologies is coming out with a small SME IPO of around ₹14.58 crore (fresh issue) at a price band of ₹51–54, primarily to repay debt and fund plant & machinery expansion for its rotational moulding compounds business.  

The company has shown steady growth in revenue and profit over the last three years with healthy ROE, ROCE and moderate debt levels, though it remains dependent on a single manufacturing location and a few key customers/suppliers.  

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Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.

You must consult your financial advisor before making any financial decisions.

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To read the company's Prospectus, click here to download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.