Phychem Technologies SME IPO GMP History
Phychem Technologies SME IPO has been listed on September 7, 2026 at a listing price of ₹56, against the issue price of ₹54 — a gain of ₹2 (+3.7%). The GMP peaked at ₹3 on 30 August 2026 and reached a low of ₹1 on 7 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Phychem Technologies SME IPO raised ₹14.58 Cr. through its IPO at a price band of ₹51 to ₹54 per share, with a lot size of 2000 shares. The IPO was open for subscription from 31 Aug 2026 to 02 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 7 Sep, 6:30 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 07 Sep 2026 | ₹ 1 | — | 1.85% | — | — |
| 06 Sep 2026 | ₹ 1 | — | 1.85% | — | — |
| 05 Sep 2026 | ₹ 1 | — | 1.85% | — | — |
| 04 Sep 2026 | ₹ 1 | — | 1.85% | — | — |
| 03 Sep 2026 | ₹ 1 | — | 1.85% | — | — |
| 02 Sep 2026 | ₹ 1 | — | 1.85% | — | — |
| 01 Sep 2026 | ₹ 1 | — | 1.85% | — | — |
| 31 Aug 2026 | ₹ 1 | ▼ | 1.85% | — | — |
| 30 Aug 2026 | ₹ 3 | — | 5.56% | — | — |
| 29 Aug 2026 | ₹ 3 | — | 5.56% | — | — |
| 28 Aug 2026 | ₹ 3 | — | 5.56% | — | — |
| 27 Aug 2026 | ₹ 3 | — | 5.56% | — | — |
| 26 Aug 2026 | ₹ 3 | — | 5.56% | — | — |
Phychem Technologies SME IPO dates
Key dates from opening to listing. Today is 23 October.
- Open 31 Aug 2026
- Close 02 Sep 2026
- Allotment 03 Sep 2026
- Refund/credit 04 Sep 2026
- Listing 07 Sep 2026
Phychem Technologies SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹54 |
|---|---|
| GMP-based estimate (pre-listing) | ₹55 (+1.9%) |
| Listing gain / loss | +₹2 per share |
| Listing date | 07 Sep, 2026 |
| Actual listing price | ₹56 (+3.7%) |
Is Phychem Technologies SME IPO GMP reliable?
Grey market premium for Phychem Technologies SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Phychem Technologies SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Phychem Technologies SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Phychem Technologies SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Phychem Technologies SME IPO
Phychem Technologies Limited was started in June 2013. It makes rotational moulding compounds, usually called roto moulding compounds. These are the raw material that other factories use to make hollow plastic products.
The company makes customised polyethylene based compounds using LLDPE, HDPE and special additives, and supplies them as powder or granules to rotational moulding manufacturers. The end products made from its compounds include water, fuel and chemical storage tanks, portable toilets, furniture, industrial containers and other custom hollow plastic parts. It also makes specialised compounds such as foam, stone effect, flame retardant, anti static and custom coloured compounds, and makes custom moulded tanks itself.
Apart from this it does rotolining and toll pulverising jobwork, and distributes chemicals, compounds, tools and equipment used in the roto moulding trade. Its customers are in building and construction, water management, agriculture, automotive and consumer products, and it exports to several countries across Asia, Africa, Europe and the Middle East. Its factory is in Nashik, Maharashtra, with its own laboratory and quality control department. It is ISO 9001:2015 certified, is recognised as a One Star Export House and is a member of PLEXCONCIL. As on 30 June 2026 it had 33 permanent employees.
Frequently asked
What is the GMP of Phychem Technologies SME IPO?
The current Grey Market Premium (GMP) of Phychem Technologies SME IPO is ₹ 1.
What is the Kostak Price of Phychem Technologies SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Phychem Technologies SME IPO is not available.
What is the Subject to Sauda Price of Phychem Technologies SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Phychem Technologies SME IPO?
Phychem Technologies SME IPO listed on September 7, 2026 at ₹56, against the issue price of ₹54 — a gain of +3.7%.
How did the GMP of Phychem Technologies SME IPO trend before listing?
The GMP of Phychem Technologies SME IPO was stable in its final days before listing. The GMP peaked at ₹3 on 30 August 2026. View the day-wise table above for the complete GMP history.
Explore Phychem Technologies SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
