The Citichem India IPO minimum market lot is 2,000 shares with ₹1,40,000 application amount. The Citichem India IPO is a SME IPO, and it is to be listed on BSE.
Citichem India Limited was incorporated in 1992 and started a business of the procurement and supply of organic and inorganic chemicals, bulk drugs, and food chemicals to the pharmaceutical sectors. Furthermore, it exports in direct supply of specialty chemicals, bulk drugs, and intermediate products. It is noticeable that this company also sells food preservatives and chemicals under its brand and makes sure of safety in delivering orders and accurate records of sales. It caters complete range of laboratory chemicals, serving as a full-service provider for research and analytical requirements. Moreover, the company specializes in ordering, sourcing, custom manufacturing, and supplying specialty chemicals, bulk drugs, and APIs. These products serve pharmaceutical, paint, and food clients both in India and abroad.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Citichem India IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| NII | 8.43 | 0.00 | 0.00 |
| RII | 46.12 | 0.00 | 0.00 |
| Total | 27.28 | 0.00 | 0.00 |
Citichem India IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Citichem India IPO Review and Rating
- Avoid
Citichem India IPO Form
How to apply for the Citichem India IPO? You can apply for Citichem India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Citichem India IPO in the Invest section. The other option is you can apply for Citichem India IPO via IPO forms downloaded online. Check out the Citichem India forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
