Phychem Technologies IPO listing: listed at ₹56, +3.7% over the issue price
Phychem Technologies listed on BSE SME on 7 Sep 2026 at ₹56 per share, +₹2 (+3.7%) against the upper price band of ₹54. The issue (price band ₹54, bidding 31 Aug 2026 to 2 Sep 2026) was subscribed 20.79x overall. The last grey-market premium we captured before listing was ₹1 on 6 Sep 2026 (daily average of 11 quotes), which implied a listing price of ₹55; the shares listed at ₹56, ₹1 above that.
Updated 6 Oct 2026, 19:02 IST. Dated dealer references.
Listing day facts
| Listing date | 7 Sep 2026 |
|---|---|
| Exchange | BSE SME |
| Listing price | ₹56 |
| Upper price band (issue price basis) | ₹54 |
| Gain or loss vs upper band | +₹2 per share (+3.7%) |
| Price band | ₹54 |
| Issue dates | 31 Aug 2026 to 2 Sep 2026 |
| Subscription (overall, at close) | 20.79x, as of 2 Sep 2026 |
| Lot size | 2,000 shares |
| Gain or loss per lot vs upper band | +₹4,000 |
Grey-market premium against the actual listing
The last grey-market premium we captured before listing was ₹1 on 6 Sep 2026 (daily average of 11 quotes), which implied a listing price of ₹55; the shares listed at ₹56, ₹1 above that.
| Date | GMP | Implied listing price | Actual listing vs implied | Quotes captured |
|---|---|---|---|---|
| 27 Aug 2026 | ₹3 | ₹57 | −₹1 (−1.8%) | 9 |
| 28 Aug 2026 | ₹3 | ₹57 | −₹1 (−1.8%) | 9 |
| 29 Aug 2026 | ₹3 | ₹57 | −₹1 (−1.8%) | 13 |
| 30 Aug 2026 | ₹3 | ₹57 | −₹1 (−1.8%) | 10 |
| 31 Aug 2026 | ₹2 | ₹56 | ₹0 (0.0%) | 10 |
| 1 Sep 2026 | ₹1 | ₹55 | +₹1 (+1.8%) | 11 |
| 2 Sep 2026 | ₹1 | ₹55 | +₹1 (+1.8%) | 10 |
| 3 Sep 2026 | ₹1 | ₹55 | +₹1 (+1.8%) | 10 |
| 4 Sep 2026 | ₹1 | ₹55 | +₹1 (+1.8%) | 11 |
| 5 Sep 2026 | ₹1 | ₹55 | +₹1 (+1.8%) | 12 |
| 6 Sep 2026 | ₹1 | ₹55 | +₹1 (+1.8%) | 11 |
GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged by day. Only the price band and the exchange listing price are official.
Frequently asked questions
What was the Phychem Technologies IPO listing price?
Phychem Technologies listed on BSE SME on 7 Sep 2026 at ₹56 per share.
How did Phychem Technologies list against the issue price?
The listing price of ₹56 was +₹2 per share (+3.7%) against the upper price band of ₹54.
What did the grey market indicate before Phychem Technologies listed?
The last grey-market premium we captured before listing was ₹1 on 6 Sep 2026 (daily average of 11 quotes), which implied a listing price of ₹55; the shares listed at ₹56, ₹1 above that. GMP is unofficial and not a forecast.
Where do Phychem Technologies shares trade now?
On BSE SME. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.
Phychem Technologies IPO overview · GMP history · Subscription status · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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