Listed Price₹70.00
Listing Gain+0.00%
Price Band₹70
Lot Size2,000 shares
Min Bid₹1,40,000
Subscription410.58x
Listed Market Snapshot
₹70.00Listed price from market data
+0.00%listing gain
Issue Amount
₹12.6 Cr
Listed Price
₹70.00
Current Price
₹16.99
Registrar
Kfin Technologies Limited
Timeline•Fixed Price IPO
Open27 Dec 2024
Close31 Dec 2024
Allotment01 Jan 2025
Listing03 Jan 2025
Quota Reservation Portions
RetailPortion: 8,54,000 shares
47.5%OtherPortion: 8,54,000 shares
47.5%Market MakerPortion: 92,000 shares
5%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,40,000HNI2 lots / 4,000 shares
₹2,80,000About the Company
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.
Company Promoters
Mr. Arif Esmail MerchantMr. Hashim Arif MerchantMrs. Fozia Arif Esmail MerchantMrs. Saima Hashim Merhant
Lead Managers
Registrar
Kfin Technologies Limited