IPO Trending
CITICHEMSME / BSEListed
Citichem India

Incorporated in 1992, Citichem India Limited supplies organic and inorganic chemicals, bulk drugs, and food chemicals, primarily serving the pharmaceutical industry. The company specializes in specialty chemicals, bulk drugs, and intermediates, catering to sectors such as aluminum, steel, textiles, paper, dairy, paints, dyes, soap, food, and adhesives. It also offers food preservatives and chemicals under its brand, ensuring safe and efficient bulk supply. Its product portfolio includes Caustic Soda Flakes, Caustic Soda Lye, Citric Acid Monohydrate, and Hydrogen Peroxide. As of June 30, 2024, the company employs 9 people.

DRHP
₹70 - ₹70410.58x sub
Listed Price₹70.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open27 Dec 2024
Close31 Dec 2024
Allotment01 Jan 2025
Listing03 Jan 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail8,54,000 shares
47.5%
Other8,54,000 shares
47.5%
Market Maker92,000 shares
5%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,40,000
HNI2 Lots (4,000 shares)
₹2,80,000

Company Promoters

Mr. Arif Esmail MerchantMr. Hashim Arif MerchantMrs. Fozia Arif Esmail MerchantMrs. Saima Hashim Merhant

Company Background

Incorporated in 1992, Citichem India Limited supplies organic and inorganic chemicals, bulk drugs, and food chemicals, primarily serving the pharmaceutical industry. The company specializes in specialty chemicals, bulk drugs, and intermediates, catering to sectors such as aluminum, steel, textiles, paper, dairy, paints, dyes, soap, food, and adhesives. It al...

Lead Managers & Bankers

Horizon Management Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-24 )₹149 Cr
Growth-98.3%
Revenue Trend (₹ in Crores)
0.03.3k6.5k9.8kMar-22Mar-23 Mar-24 Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-24 149206,852 108
Mar-24 1,9611126,933108
Mar-23 2,094367,973110
Mar-228,528249,143111

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-24 0.412.68%3.30%059.65
Mar-24 2.2421.47%21.47%31.30
Mar-230.817.89%7.89%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
01 Jan 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
03 Jan 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Citichem India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Jan 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Jan 2025Trading commences on exchange

How to Check Citichem India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Citichem India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Citichem India IPO

Complete issue overview for Citichem India (CITICHEM) IPO. The issue features an equity share price band of ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions