IPO

Citichem India Ltd. IPO

Citichem India Ltd., established in 1992, operates in the Chemicals - Others sector. The company's IPO opened on December 27, 2024 and closed on December 31, 2024, with an issue price of ₹70. The ... Read more

Min Investment
₹ 1,40,000 / 2000 shares
Price Range
₹70
Bidding Dates
27 Dec '24 - 31 Dec '24
Total Issue Value
6.62 Cr
Lot Size
2,000
Total Issue Size
6.62 Cr
Listing At
BSE SME

IPO Timeline

  • 27 Dec 2024
    Bidding Starts
  • 31 Dec 2024
    Bidding Ends
  • 1 Jan 2025
    Allotment Finalization
  • 3 Jan 2025
    Listing

About Citichem India Ltd.

We are mainly engaged in the buying, procuring, and supplying, of organic and inorganic chemicals, bulk drugs, and, food chemicals to pharmaceutical industry. The traded speciality chemicals and intermediates have a wide application in aluminium, steel, textiles, paper, dairy, paints, dyes & ... Read more

Parent organisation
Founded
Citichem India Ltd.
1992

Citichem India Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 92,000 (9.73%)
Non Institutional Investors 8,54,000 (90.27%)
Retail Individual Investors (RIIs) 8,54,000 (90.27%)

Citichem India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 19.61 Cr 1.12 Cr 2.25 Cr
31 Mar 2023 20.94 Cr 36.26 Lakh 1.13 Cr
31 Mar 2022 85.28 Cr 23.94 Lakh 77.01 Lakh

Citichem India Ltd. Background

Major Events And Milestones
  • 1992
    Incorporation of our Company
  • 1999
    Conversion of Company from Private Limited to Public Limited.
    Change in Name of the company from Citichem Alkailes (Bombay) Ltd to Citichem India Ltd
Citichem India Ltd. Object of Issues

1. Capital expenditure for acquisition of Property
2. Purchase of Transportation Vehicles and Accessories
3. General Corporate Purposes

Citichem India Ltd. IPO Listing Details
Listing Date
3 Jan 2025
BSE Script Code
CITICHEM
ISIN
INE0A8401016
Final Issue Price
₹ 70
Citichem India Ltd. Company Promoters

1. Mr. Arif Esmail Merchant
2. Mr. Hashim Arif Merchant
3. Mrs Fozia Arif Merchant
4. Mrs. Saima Hashim Merchant

Industry Overview

Covering more than 80,000 commercial products, India’s chemical industry is extremely diversified and can be broadly classified into bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers, and fertilisers.

Globally, India is the fourth-largest producer of ... Read more

Citichem India Ltd. Contact Details
Address: 7, Floor 1, Plot No 96, Dhram Jyoti, Kazi Sayed Street, Khand Bazar, Masjid Station, Mandvi, Mumbai Maharashtra - 400003
Phone no:9223278100
9223278100
|
Citichem India Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Citichem India Ltd. IPO Lead Manager(s)
Horizon Management Pvt. Ltd.
19 R N Mukherjee Road, Main Building, 2nd Floor, Kolkata West Bengal - 700001
46000607

FAQs

When does Citichem India Ltd. IPO opens and closes?

Citichem India Ltd. IPO opens from 27th December to 31st December 2024.

What is the size of Citichem India Ltd. IPO?

The size of the Citichem India Ltd. IPO is ₹6.62 Cr.

What is the minimum investment and lot size required for the Citichem India Ltd. IPO?

The minimum investment required is ₹1,40,000 and minimum lot size is 2000 shares.

When is Citichem India Ltd. IPO listing date?

The Citichem India Ltd. IPO will be listed on 3rd January 2025.

What is the objective of Citichem India Ltd. IPO?

1. Capital expenditure for acquisition of Property
2. Purchase of Transportation Vehicles and Accessories
3. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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