Citichem India Ltd is engaged in the business of buying and supplying organic and inorganic chemicals, bulk drugs, and food chemicals to the pharmaceutical industry. Its specialty chemicals, Intermediates, and Active Pharmaceutical Ingredients (API) are used in various industry, including steel, paints, paper, textile, dyes, pharma, food and adhesive, etc.
Citichem India IPO open date is December 27, 2024 and the IPO will close on January 1, 2025. Citichem India IPO price band is ₹70 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Citichem India IPO to list on BSE on January 3, 2025. The allotment of Citichem India IPO date is January 1, 2025.
The company reported revenue of ₹19.61 crores in 2024 against ₹20.94 crore in 2023. The company reported profit of ₹1.12 crores in 2024 against Profit of ₹0.36 crores in 2023.
Citichem India IPO Details
| IPO Open Date: | December 27, 2024 |
| IPO Close Date: | December 31, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 Per Share |
| Issue Size: | Approx ₹12.60 Crores |
| Fresh Issue: | Approx ₹12.60 Crores |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 0% |
| NII Quota: | Not more than 50% |
Citichem India IPO Timeline
The Citichem India IPO date is December 27 and the close date is December 31. The Citichem India IPO allotment will be finalized on January 1 and the IPO listing on January 3.
| IPO Open Date: | December 27, 2024 |
| IPO Close Date: | December 31, 2024 |
| Basis of Allotment: | January 1, 2025 |
| Refunds: | January 2, 2025 |
| Credit to Demat Account: | January 2, 2025 |
| IPO Listing Date: | January 3, 2025 |
Citichem India SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹70.00 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹140000 |
| Min HNI Lots: | 4000 shares (2 lots)- ₹280000 |
Citichem India Limited: A Comprehensive Financial Overview
Citichem India Limited’s revenue decreased by -6% and profit after tax (PAT) rose by 208% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6,851.56 | 6,932.79 | 7,972.53 | 9,142.69 |
| Revenue | 149.07 | 1,960.58 | 2,094.07 | 8,528 |
| Profit After Tax | 19.95 | 111.83 | 36.26 | 23.94 |
| Net Worth | 745.06 | 725.11 | 613.27 | 577.01 |
| Reserves and Surplus | 245.06 | 225.11 | 113.27 | 77.01 |
| Total Borrowing | 108.21 | 108.21 | 109.65 | 110.62 |
