Phychem Technologies IPO Day 3: Subscription Closes Today, 2 September 2026
- September 2, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Phychem Technologies IPO closes today, 2 Sep 2026, 5 PM. Subscribed near 2.39x so far. Price band Rs 51-54. Lists on BSE SME. Allotment 3 Sep.
Quick Answer
The Phychem Technologies IPO is on its closing day, 2 September 2026, with bidding shutting at 5 PM today. The Phychem Technologies IPO overall subscription stands at around 2.39 times so far, reflecting steady demand through the three day window. Retail and non-institutional investors have been the main drivers of bidding for the issue, and any late qualified institutional bids could add further to the final figure. Investors should check the live subscription numbers on BSE before the deadline.
Phychem Technologies, a Nashik based maker of rotational moulding compounds used to produce hollow plastic products such as water tanks and industrial containers, has reached Day 3, the final day of its SME IPO subscription window, which opened on 31 August 2026 and closes today, 2 September 2026. The issue is a book built issue worth Rs 14.58 crore and will list on the BSE SME platform.
Demand for the issue has built through the bidding window, with the overall subscription running at around 2.39 times so far on the closing day. Given close to half the issue is reserved for QIBs, institutional participation in the final hours will be an important factor in where the issue ultimately closes.
Click Here – Get Free Investment Predictions
Phychem Technologies IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 31 August 2026 |
| Close Date | 2 September 2026 |
| Price Band | Rs 51 to Rs 54 per share |
| Lot Size | 2,000 shares |
| Issue Size | Rs 14.58 crore |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 3 September 2026 |
| Listing Date | 7 September 2026 |
Phychem Technologies IPO Subscription Status Day 3
The issue reserves close to 50 percent of the net offer for QIBs, around 15 percent for NII and about 35 percent for retail investors. The table below shows the overall subscription position heading into the final hours.
| Session | Overall Subscription |
|---|---|
| Day 1 to Day 2 | Building gradually |
| Day 3, closing day so far (2 Sep) | Around 2.39 times |
Category wise QIB, NII and retail splits for the issue continue to update on the BSE portal through the closing session. As with most SME issues, a large share of the final subscription figure for the issue could still be decided in the last couple of hours before the 5 PM close.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Phychem Technologies IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking portal and enter your bid quantity and price within the Rs 51 to Rs 54 band, in multiples of 2,000 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone well before the 5 PM cut off today, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue is closing today with steady demand at around 2.39 times overall, and the final figure will depend on how much institutional bidding arrives before the 5 PM deadline. Investors should review the company financials and risk factors in the RHP on bseindia.com before applying to the issue.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What is the Phychem Technologies IPO subscription status on Day 3?
Ans. On Day 3, the closing day, 2 September 2026, the issue overall subscription stands at around 2.39 times, reflecting steady demand through the bidding window.
When does the Phychem Technologies IPO close?
Ans. The issue closes for subscription today, 2 September 2026, at 5 PM, having opened on 31 August 2026.
What is the Phychem Technologies IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
What is the Phychem Technologies IPO price band and lot size?
Ans. The issue price band is Rs 51 to Rs 54 per share, with a lot size of 2,000 shares, taking the minimum retail investment to about Rs 2,16,000 for two lots.
How do I apply for the Phychem Technologies IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 2,000 shares and approving the UPI mandate before the 5 PM cut off today.
When will the Phychem Technologies IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 3 September 2026, with listing on BSE SME tentatively scheduled for 7 September 2026.
How much of the Phychem Technologies IPO is reserved for QIBs?
Ans. Close to 50 percent of the net offer in the issue is reserved for qualified institutional buyers, with around 15 percent for NII and about 35 percent for retail investors.
