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Citichem India Limited

  • Minimum Investment
    ₹1,40,000
  • Price Range
    ₹70 - ₹70
  • Issue Size
    ₹12.60 Cr
  • Lot Size
    2000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

To meet the capital expenditure requirements for the acquisition of property

To purchase vehicles and accessories

General corporate purposes

To meet issue expenses

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Citichem India Limited

Scalable business model

The company operates a scalable, customer-centric, and order-driven business model focused on resource optimization, quality supply, and economies of scale, driven by new market development, marketing expertise, and consistent product quality

Focus on quality and innovation

The company's strength lies in its focus on quality and innovation, sourcing products from credible suppliers and delivering only quality-certified items as part of its stringent quality management practices

Location advantage

The company focuses on reducing trading costs by procuring chemicals at competitive prices, ensuring quality assurance, and optimizing transportation to deliver materials promptly. This approach minimizes costs, ensures consistent supply, and maintains quality standards

Risks of accidents

The company trades hazardous, corrosive, and flammable industrial chemicals, requiring expert handling and storage. Accidents could lead to loss of life or property, operational disruptions, and adverse effects on results, cash flows, and financial condition

Lack of insurance coverage

The company lacks insurance coverage, leaving it unprotected against material hazards that could disrupt operations or cause monetary losses due to work stoppages

Availability, cost, and quality of materials

The business depends heavily on the availability, cost, and quality of materials, which are influenced by factors beyond control, such as economic conditions, competition, supplier availability, production levels, transportation costs, and import duties

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Citichem India Limited

Citichem India Ltd. was incorporated on March 18, 1992. The company specializes in procuring and supplying organic and inorganic chemicals, bulk drugs, and food chemicals to the pharmaceutical industry, with applications spanning aluminium, steel, textiles, paper, dairy, paints, dyes, soaps, food, and adhesives
  • Promoter
    Arif Esmail Merchant
  • Promoter
    Hashim Arif Merchant
  • Promoter
    Fozia Arif Merchant
  • Promoter
    Saima Hashim Merchant

Citichem India Limited IPO FAQs

What is Citichem India Limited IPO?

Citichem India Limited IPO refers to the initial public offering of shares by Citichem India Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Citichem India Limited IPO?

For Citichem India Limited IPO the issue size is ₹13 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Citichem India Limited IPO?

For Citichem India Limited IPO the minimum investment is ₹1,40,000. The minimum investment for Citichem India Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Citichem India Limited IPO?

For Citichem India Limited IPO the lot size is 2000 shares. The lot size of Citichem India Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Citichem India Limited IPO on Share.Market?

To apply for Citichem India Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Citichem India Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Citichem India Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Citichem India Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Citichem India Limited IPO?

For Citichem India Limited IPO the allotment date is January 1, 2025. The allotment date of Citichem India Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Citichem India Limited IPO?

For Citichem India Limited IPO, the subscription opens on December 27, 2024 and closes on December 31, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
409.63x Oversubscribed