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 |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 0% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Citichem India IPO Market Lot
The Citichem India IPO minimum market lot is 2,000 shares with ₹1,40,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2,000 | ₹1,40,000 |
| Retail Maximum | 1 | 2,000 | ₹1,40,000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,80,000 |
Citichem India IPO Dates
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 |
Promoters of Citichem India IPO
The promoters of the company are Mr. Arif Esmail Merchant, Mr. Hashim Arif Merchant, Mrs. Fozia Arif Esmail Merchant and Mrs. Saima Hashim Merhant
About Citichem India IPO
To be updated soon
Citichem India IPO Company Financial Report
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.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹85.28 | ₹84.96 | ₹0.24 | ₹91.43 |
| 2023 | ₹20.94 | ₹20.43 | ₹0.36 | ₹79.73 |
| 2024 | ₹19.61 | ₹17.96 | ₹1.12 | ₹69.33 |
| June 2024 | ₹1.49 | ₹1.21 | ₹0.20 | ₹68.52 |
Citichem India IPO Valuation – FY2024
Check Citichem India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 15.42% |
| ROCE: | 21.47% |
| EBITDA Margin: | 9.14% |
| PAT Margin: | 5.70% |
| Debt to equity ratio: | 0.15 |
| Earning Per Share (EPS): | ₹2.24 (Basic) |
| Price/Earning P/E Ratio: | 31.30 |
| Return on Net Worth (RoNW): | 15.42% |
| Net Asset Value (NAV): | ₹14.50 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Shankar Lal Rampal DyeChem Ltd | 1.02 | 91.33 | 6.59 | 15.40 | 287.73 Cr. |
| Vinyl Chemicals (I) Ltd | 11.91 | 30.31 | 18.71 | 63.66 | 597.01 Cr. |
Objects of the Issue
- For Capital expenditure for acquisition of Property
- For purchasing of Transportation Vehicles and accessories
- For General Corporate Purposes
- For meeting the Issue Expenses.
Citichem India IPO Review
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Citichem India IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Horizon Management Private Limited
Company Address
Citichem India Limited
7, Floor-1, Plot-96,
Dharam Jyoti, Kazi Sayed Street, Khand Bazar,
Masjid Station, Mandvi, Mumbai 400003
Phone: +91- 9223278100
Email: [email protected]
Website: https://www.citichemindia.com/
Citichem India IPO FAQs
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Note: The Citichem India IPO price band and date are officially announced. The (Citichem India IPO grey market premium) will be added to the IPO GMP page as it will start).
