Phychem Technologies came to market through an SME IPO that opened on 31 August 2026 and closed on 2 September 2026, and the shares listed on 7 September 2026 on BSE SME. The price band was ₹51 to ₹54 per share and one lot was 2000 shares, so the minimum application was ₹1,08,000. The issue size was ₹14.58 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹56, a gain of 3.7% against the issue price of ₹54. MUFG Intime India Pvt.Ltd was the registrar to the issue, and Hem Securities Ltd was the lead manager.
As of 2 September 2026.
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Overall the issue was subscribed 20.87 times.
Phychem Technologies is involved in manufacturing rotational molding compounds, which are raw materials used to manufacture various hollow plastic products using roto molding process. Phychem Technologies manufactures mostly customized compounds made of Polyethylene, using LLDPE, HDPE, along with various additives. They are delivered to manufacturers in powder and granule forms who manufacture products such as water, fuel, and chemical storage tanks, portable toilets, furniture, industrial containers, etc.
Phychem Technologies serves a wide range of industries including construction, water management, agriculture, automobile, and consumer goods. Products available with Phychem Technologies are foam, stone effect, fire retardant, anti-static, and various custom colored compounds, according to customer requirements. Customized molds and tanks and rotolining (lining of tanks internally for chemical resistance), toll pulverizing (custom grinding of polymers) and various job works are provided by Phychem Technologies.
Phychem Technologies' manufacturing plant is located at Khatwad, Dindori, Nashik, Maharashtra, having their own laboratory and quality control department. Phychem Technologies is ISO 9001:2015 certified and identified as One Star Export House by Ministry of Commerce and Industry.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Phychem Technologies IPO was a ₹14.58 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹51–₹54 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,16,000). The IPO was open from August 31 to September 2, 2026 and was subscribed 20.87x. Shares listed on BSE SME on September 7, 2026 at ₹56, a 3.7% premium to the issue price of ₹54. MUFG Intime India Pvt. Ltd.
is the registrar. Hem Securities Ltd. is the book running lead manager.
The price band of Phychem Technologies IPO is ₹51 to ₹54 per share.
The lot size of Phychem Technologies IPO is 2000 shares.
The minimum investment for Phychem Technologies IPO is approximately ₹2,16,000 based on the upper price band.
The allotment date of Phychem Technologies IPO is Sep 3, 2026.
You can check Phychem Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Phychem Technologies IPO allotment status on Rupix for quick and easy access.
₹51 to ₹54 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,08,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,08,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 31 August 2026 and closed on 2 September 2026.
The basis of allotment was published on 3 September 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 7 September 2026 on BSE SME, opening at ₹56.
The issue size was ₹14.58 crore. The fresh issue was 27,00,000 shares (aggregating up to ₹14.58 crore).
It listed at ₹56 against an issue price of ₹54, a gain of 3.7 percent on listing day.