Citichem India Limited
ListedSMEChemicals · BSE
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.
Price Band
₹70
Issue Size
₹12.60 Cr
Lot Size
2000 shares
GMP
₹15
+21.4%
Est. Listing
₹85
at current GMP
Subscribed
410.58x
overall
Open
27 Dec 2024
Close
31 Dec 2024
Allotment
1 Jan 2025
Refund
2 Jan 2025
Demat Credit
3 Jan 2025
Listing
3 Jan 2025
Last updated 12 days ago
Key Highlights
- •Leading player in the Chemicals segment
- •Price band established at ₹70 - ₹70 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹85 based on current grey market activity