Citichem India Limited IPO

BSE SME

Offer Date: Dec 27, 2024 - Dec 31, 2024

Exp. Premium: 25-30 (35.71%)

₹ 140000 /2000 Shares

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Citichem India IPO Details

27 Dec, 2024

Open Date

31 Dec, 2024

Close Date

01 Jan, 2025

Allotment Date

03 Jan, 2025

Listing Date

Issue Price

₹70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Kfin Technologies Limited

Market Lot

2000 Shares (₹140,000/-)

Lead Manager

Horizon Management Private Limited

Issue Size

18,00,000 shares(aggregating up to ₹12.60 Cr)

Retail Portion

50%

Subscription

N/A times

IPO Docs

DRHP RHP

Citichem India Valuations

EPS Pre IPO

₹2.24/-

EPS Post IPO

₹1.17/-

P/E Pre IPO

31.3

P/E Post IPO

59.65

RoNW

15.42%

Citichem India Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	6,932.79	7,972.53	9,142.69
Revenue	1,960.58	2,094.07	8,528
Profit After Tax	111.83	36.26	23.94

About The Company

Citichem India Limited is engaged in buying and supplying organic and inorganic chemicals, bulk drugs, and food chemicals to the the pharmaceutical industry.

The company focuses on the direct supply of specialty chemicals, bulk drugs, and intermediate products.

It trades in specialty chemicals and intermediates that have a wide range of applications across industries such as aluminum, steel, textiles, paper, dairy, paints, dyes and intermediates, soap making, pharmaceuticals, food, and adhesives.

Citichem India - Promoter(s)

Pre Issue Share Holding: 83.25%

Post Issue Share Holding: 61.21%

Company Promoter(s)

Mr. Arif Esmail Merchant
Mr. Hashim Arif Merchant
Mrs. Fozia Arif Esmail Merchant
Mrs. Saima Hashim Merhant

Citichem India IPO - Issue Objectives

For Capital expenditure for acquisition of Property
For purchasing of Transportation Vehicles and accessories
For General Corporate Purposes
For meeting the Issue Expenses.

Citichem India IPO - FAQs

Ans. Citichem India Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 27, 2024, and closes on Dec 31, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Citichem India Limited IPO opens on Dec 27, 2024 and closes on Dec 31, 2024.

Ans. The size of Citichem India Limited IPO is 18,00,000 shares(aggregating up to ₹12.60 Cr).

Ans. The IPO price band is set between ₹70 per equity share.

Ans. To apply for Citichem India Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Citichem India Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Citichem India Limited IPO is Jan 1, 2025.

Ans. The Citichem India Limited IPO will be listed on Jan 3, 2025.

Ans. Follow the steps to check the allotment status for Citichem India Limited IPO here.