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Citichem India Ltd.

Citichem India Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹70
₹70
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹70
Based on GMP
Min. Investment
₹140,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Dec 2024
Close Date
31 Dec 2024
Allotment
01 Jan 2025
Listing Date
03 Jan 2025
Exchange
BSE SME
Price Band
₹70
Listing Price
See chart
Allotment Status
Price Band
₹70
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
18,00,000 shares (aggregating up to ₹12.60 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
50,00,000 shares
Promoters
Post-IPO Holding
68,00,000 shares
Promoters
P/E (Pre)
31.3x
 
P/E (Post)
59.65x
 
EPS (Pre)
₹2.24
 
EPS (Post)
₹1.17
 
UPI Deadline
2024-12-31
Mandate
Anchor AllotmentThu, 26 Dec 2024
Basis of AllotmentWed, 01 Jan 2025
Refund InitiationThu, 02 Jan 2025
Demat CreditThu, 02 Jan 2025
Listing DayFri, 03 Jan 2025
UPI Mandate Deadline2024-12-31
Sale TypeFresh Capital
Net Offer to Public17,08,000 shares (aggregating up to ₹11.96 Cr)
Market Maker Quota92,000 shares (aggregating up to ₹0.6440 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Citichem India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 31 Dec 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
92,000
₹0.64
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,800,000
100% ₹12.60
IPO Shares Offered
Citichem India Ltd. IPO total issue size: ₹12.60 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 92,000 ₹0.64
5.11%
Total 1,800,000 ₹12.60
100.00%
* Based on upper price band ₹70 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹70.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹280,000
Retail (Max — 13 Lots)1326,000₹1,820,000
S-HNI (Min — 14 Lots)1428,000₹1,960,000
B-HNI (Min — 68 Lots)68136,000₹9,520,000
* Issue Price ₹70 × Lot Size 2,000 shares
IPO Schedule
Anchor
26 Dec 2024
✓ Done
IPO Open
27 Dec 2024
✓ Done
IPO Close
31 Dec 2024
✓ Done
Allotment
01 Jan 2025
✓ Done
Refunds
02 Jan 2025
✓ Done
Demat Credit
02 Jan 2025
✓ Done
Listing Day
03 Jan 2025
✓ Done
Citichem India Ltd. — Live Price LIVE
₹70.00
INR · BSE
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Issue ₹70.00 Live Price
About Citichem India Ltd.
Incorporated in 1992, 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.The company also supplies food preservatives and chemicals under its brand name, which are then sold through its distribution team, ensuring the safe delivery of bulk supplies.The company supplies products such as Caustic Soda Flakes, Caustic Soda Lye, Citric Acid Monohydrate, Hydrogen Peroxide, and more.Business division:Specialty Chemicals, Intermediates & Active Pharmaceutical Ingredients (API): The company specializes in indenting, sourcing, make-to-order outsourcing, and supplying specialty chemicals, bulk drugs, and APIs to domestic and international clients in the pharmaceutical, paint, and food industries.Food Chemicals: The company handles the repackaging, retail distribution, and marketing of food chemicals.Laboratory Chemicals: The company offers a one-stop solution for all types of laboratory chemicals.As of June 30, 2024, The company has 9 employees.Competitive Strengths:Experienced Promoters and management teamScalable Business ModelFocus on quality and innovationLocation AdvantageCordial Relationships with Suppliers &CustomersDedicated after-sales network
Objects of the Issue
1
For Capital expenditure for acquisition of Property
2
For purchasing of Transportation Vehicles and accessories
3
For General Corporate Purposes
4
For meeting the Issue Expenses.
Citichem India Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,094.1
31 Mar 2023
₹1,960.6
31 Mar 2024
₹149.1
30 Jun 2024
Profit After Tax (PAT)
₹36.3
31 Mar 2023
₹111.8
31 Mar 2024
₹20.0
30 Jun 2024
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 149.07 1960.58 2094.07
EBITDA N/A N/A N/A
Profit After Tax (PAT) 19.95 111.83 36.26
Net Worth 745.06 725.11 613.27
Total Assets 6851.56 6932.79 7972.53
Reserves & Surplus 245.06 225.11 113.27
Borrowings 108.21 108.21 109.65
EBITDA Margin (%) N/A
PAT Margin (%) 5.70%
RoE
15.42%
RoCE
21.47%
RoNW
15.42%
PAT Margin
5.70%
Debt/Equity
0.15
Issue Structure & Shareholding
Total Shares Offered18,00,000 (100.00%)
Net Offer to Public17,08,000 shares (aggregating up to ₹11.96 Cr)
Reserved for Market Maker92,000 shares (aggregating up to ₹0.6440 Cr)
Pre-Issue Promoter Holding50,00,000 shares
Post-Issue Promoter Holding68,00,000 shares
P/BV RatioN/A
RoE15.42%
RoCE21.47%
Debt / Equity0.15
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Horizon Management Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Citichem India Ltd. IPO subscribed?

Citichem India Ltd. IPO is subscribed 1.00 times by Dec 31, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Citichem India Ltd. IPO retail subscription status?

The Citichem India Ltd. IPO retail category is subscribed 1.00 times as of 31 Dec 2024. The retail portion is oversubscribed.

How to subscribe Citichem India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Dec 2024 and closes 31 Dec 2024. Min investment: ₹140,000 (1 lot = 2,000 shares). UPI mandate: 2024-12-31.

How many times Citichem India Ltd. IPO subscribed?

The Citichem India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Citichem India Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Jan 2025. Refunds: on 02 Jan 2025.

When Citichem India Ltd. IPO will be listed?

The Citichem India Ltd. IPO listing date is 03 Jan 2025, Friday. Listed on: BSE SME. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Citichem India Ltd. IPO close?

The Citichem India Ltd. IPO closes on 31 Dec 2024, Tuesday. UPI mandate: 2024-12-31. Allotment: 01 Jan 2025. Listing: 03 Jan 2025.