Citichem India IPO

Citichem India Ltd

₹1,40,000 /2000 sharesMinimum Investment

Citichem India IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
27 Dec ‘24 - 31 Dec ‘24₹1,40,0002,000₹70 - ₹70
Issue SizeIPO Doc
12.60Cr
RHP PDF

About Citichem India

Citichem India is involved in the procurement, trading, and supply of organic and inorganic chemicals, bulk drugs, and food chemicals. It caters primarily to the pharmaceutical industry. The company’s portfolio includes specialty chemicals and intermediates with applications across different sectors such as aluminum, steel, textiles, paper, dairy, paints, dyes, soap manufacturing, adhesives, and food production. The company also offers food preservatives and chemicals under its own brand. Citichem India operates through three key business divisions: Specialty chemicals, Intermediates & APIs, and Food and Laboratory chemicals.;
Founded in
1992
Managing director
Mr. Arif Esmail Merchant
Parent organisation
Citichem India Ltd

Strengths & Financials of Citichem India

Strengths
Risks
Citichem India claims that the company ensures cost efficiency by sourcing chemicals from various locations, conducting thorough quality checks, and delivering them promptly to clients.
The company’s business is supported by loyal buyers who place repeat orders. The company states that the repeat orders are due to the high-quality products and strong relationships.
Citichem India provides after-sales support addressing customer needs across different segments. Additionally, an in-house sales and marketing team actively engages with buyers to understand and fulfil their requirements.
The company has seen a consistent increase in profit after tax (PAT). PAT increased from Rs 0.24 crore in FY22 to Rs 0.36 crore in FY23 to Rs 1.12 crore in FY24.

Citichem India Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Citichem India IPO

Apply asPrice bandApply upto
Regular70 - 70₹2 Lakh
High Networth Individual70 - 70₹2 - 5 Lakh
For Citichem India IPO, eligible investors can apply as Regular.
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