The Technichem Organics IPO opens for subscription on December 31, 2024, and closes on January 2, 2025. Investors can apply online through their trading platforms by following a step-by-step process. Having an active Demat account, UPI ID, and sufficient funds in a linked bank account are essential for a smooth application process.
By following the online application steps, participants can submit their bids during the IPO window. For additional details, visit the Technichem Organics IPO.
Technichem Organics IPO Application Process
The application process can be completed through trading platforms or stockbroker apps. Below are the steps to follow:
Step 1: Login to Your Trading Platform
Access your account through the web or mobile application.
Step 2: Navigate to the IPO Section
Locate the section that lists ongoing public issues.
Step 3: Select the Open IPO and Click Apply
Choose "Technichem Organics IPO" and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Input the desired lot size (minimum: 2,000 shares) and bid price within the ₹52-₹55 range.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment and ensure funds are available in the linked account.
Step 6: Confirm the Application
Double-check all details and approve the UPI mandate before submission.
Step 7: Complete the Process and Wait for Allotment
Submit your application and check the status after the allotment date.
How to Check Technichem Organics IPO Allotment Status?
Checking the allotment status after the IPO closes is simple. Below are the steps:
Step 1: Visit the Official Website of the IPO's Registrar
Go to the registrar’s website for allotment updates.
Step 2: Navigate to the IPO Allotment Status Page
Find the specific section for IPO allotments.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Input the required details accurately.
Step 4: Click on 'Submit' or 'Check Status'
View your allotment status.
Step 5: Alternative Check on Stock Exchange Websites
Visit BSE or NSE websites for allotment information.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking to check your IPO Allotment Status .
About Technichem Organics IPO: Overview and Key Facts
Technichem Organics Limited operates in the specialty chemicals sector, catering to industries such as pharmaceuticals, agrochemicals, coatings, and pigments. The company has a global presence across 11 countries, with significant exports to China, supported by its in-house manufacturing.
The IPO consists of a fresh issue of 45.90 lakh shares, totaling ₹25.25 crores. The proceeds will support setting up a new manufacturing plant, repayment of borrowings, and general corporate needs. The IPO will be listed on the BSE SME platform.
The subscription window for the Technichem Organics IPO is open from December 31, 2024, to January 2, 2025. The minimum investment for retail investors is ₹1,10,000, corresponding to 2,000 shares. For allotment updates, visit the Technichem Organics IPO Allotment Status page.
The company's focus on quality, sustainability, and operational efficiency aligns with its objectives for growth and market expansion. It continues to serve diverse industries with an emphasis on research-driven solutions.