Citichem India IPO Date, Review, Price, Allotment Details
Aditya | January 27, 2025
Citichem India IPO opens on December 27, 2024, and closes on January 1, 2025. This is a Fixed Price Issue IPO. The company aims to raise ₹12.60 crores through the IPO, consisting of a fresh issue of ₹12.60 crores. The IPO price band is ₹70 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%. The IPO is set to list on BSE on January 3, 2025. The allotment date for the IPO is January 1, 2025. Citichem India reported revenue of ₹19.61 crores in 2024, compared to ₹20.94 crores in 2023. The company posted a profit of ₹1.12 crores in 2024, up from ₹0.36 crores in 2023. As per the financials, the IPO is recommended for long-term investments.
Citichem India IPO Details
Field
Value
ipo title
Citichem India BSE SME
status
Listed
gain percentage
0%
subscription
414.35x
price
70
gmp
15
est listing
85 (21.43%)
ipo size
₹ 12.60 Cr
Citichem India IPO Dates
Field
Value
lot
2,000
open
27-Dec
close
31-Dec
boa dt
01-Jan
listing
03-Jan
Citichem India IPO Financial Report
In 2024, Citichem India reported a revenue of ₹19.61 crores compared to ₹20.94 crores in 2023. The company posted a profit of ₹1.12 crores in 2024, compared to ₹0.36 crores in 2023.
Financial Year
2022
2023
2024
Revenue
₹85.28
₹20.94
₹19.61
Expense
₹84.96
₹20.43
₹17.96
Profit
₹0.24
₹0.36
₹1.12
Total Assets
₹91.43
₹79.73
₹69.33
About Citichem India IPO
Citichem India Limited, established in 1992, is involved in the procurement and supply of organic and inorganic chemicals, bulk drugs, and food chemicals to the pharmaceutical sectors. The company exports specialty chemicals, bulk drugs, and intermediate products and also offers a range of laboratory chemicals. Citichem India specializes in custom manufacturing and supplying chemicals for pharmaceutical, paint, and food clients both domestically and abroad.
Citichem India IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: citichemindia.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Company Address
Citichem India Limited
7, Floor-1, Plot-96, Dharam Jyoti, Kazi Sayed Street, Khand Bazar, Masjid Station, Mandvi, Mumbai 400003
Phone: +91- 9223278100
Email: cs@citichemindia.com
Website: https://www.citichemindia.com/
Citichem India IPO FAQs
What is Citichem India IPO?
Citichem India IPO is an SME IPO aimed at raising ₹12.60 crores, with a fixed price of ₹70 per equity share. The IPO will be listed on BSE.
When will Citichem India IPO open for subscription?
The IPO will open on December 27, 2024, and close on January 1, 2025.
What is Citichem India IPO Investors' Portion?
The allocation is 50% for Retail investors and 50% for HNI investors.
How to apply for Citichem India IPO?
You can apply for Citichem India IPO via ASBA online using your bank account or UPI through stock brokers. Offline applications through brokers are also possible.
What is Citichem India IPO Issue Size?
The issue size is ₹12.60 crores.
What is Citichem India IPO Price Band?
The price band is ₹70 per share.
What is Citichem India IPO Lot Size?
The minimum bid size is 2,000 shares, which costs ₹1,40,000.
What is the Citichem India IPO Allotment Date?
The allotment date is January 1, 2025.
What is the Citichem India IPO Listing Date?
The IPO will be listed on January 3, 2025, on BSE.
About GMPSHARE
Gmpshare Pvt. Ltd.
4-158/9 5th Cross Road, Sainikpuri, Secunderabad - 500094, TS, IND
