What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Citichem India Limited IPO?

Citichem India Limited IPO has received a total subscription of 410.58 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Citichem India Limited

ListedSME

Chemicals · 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

410.58x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 410.58x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	900,000	—	0.00x
Non-Institutional (NII / HNI)	854,000	—	0.00x
Retail Individual (RII)	854,000	—	0.00x
Total	2,608,000	0	410.58x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 410.58x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	315	129,333	410.58x
HNIs (10L +)	2	821	410.50x
HNIs (2-10L)	10	4,106	410.60x
Total Applications	327	134,260	410.58x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Citichem India Limited Public Issue & Market Profile

Citichem India Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹12.6 Crores. The shares are offered at a price band of ₹70 to ₹70 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-12-31, the basis of allotment is scheduled to be finalized on 2025-01-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Citichem India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Citichem India Limited IPO is ₹15 per equity share. Based on the upper price band of ₹70 to ₹70 per equity share, the estimated listing price is ₹85 (+21.4% expected listing gain).

What is the expected profit per lot for Citichem India Limited IPO?

With a lot size of 2000 shares and current GMP of ₹15, the expected profit per application lot is approx ₹30,000 (+21.4% gain). Minimum application cost is approx ₹1,40,000.

What is the issue size and price band for Citichem India Limited IPO?

The Citichem India Limited IPO aggregate issue size is ₹12.6 Crores with an equity price band set at ₹70 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.

How can I check Citichem India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 410.58x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Citichem India Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-01-01. Investors can verify status using PAN card or application number.

When is the listing date for Citichem India Limited IPO?

Citichem India Limited shares are scheduled to list on BSE on 2025-01-03.