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Citichem India Limited IPO Date, Price, Review and Details

 

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Citichem India Limited IPO

December 27, 2024 - December 31, 2024 Closed

Citichem India Limited IPO

Citichem India Limited engaged in they are primarily engaged in the procurement, purchase and supply of organic and non-natural chemicals, bulk pharmaceuticals and foodstuffs Drug delivery to the pharmaceutical industry. commercial specialty drugs and intermediate products play a major role Aluminum, steel, textiles, paper, dairy, paints, dyes and intermediates, soap manufacturing, pharmaceutical, food and textile industries. Their company also offers digestive supplements under its own later brand name. The distribution team has sales on their books ensuring that bulk is shipped safely. Their Strengths are They have experienced promoters and management team, Flexible business plans, focus on quality and innovation, Cordial relationships with their suppliers, dedicated after sales communication system.

Company Promoters:

  • Mr. Arif Esmail Merchant
  • Mr. Hashim Arif Merchant
  • Mrs. Fozia Arif Esmail Merchant
  • Mrs. Saima Hashim Merchant

Objects of this Issue:

  • For capital expenditure on property acquisition.
  • procurement of trailers and accessories.
  • For all purposes of the company.
  • To meet the costs of the transaction    

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2024

As on 30 March 2023

As on 31 Mar 2022

Total Assets

6,932.79

7,972.53

9,142.69

Total Liabilities

6,707.68

7,859.26

9,065.68

Net Profit

111.83

36.26

23.94

Citichem India Limited IPO Schedule

1.     Bid or Offer Opens on: 27 December 2024
2.     Bid or Offer Closes on: 31 December 2024
3.     Finalization of BoA: 01 January 2024
4.     Initiation of Refunds: 02 January 2025
5.     Credit of shares to Demat account: 02 January 2025
6.     Listing Date: 03 January 2025

Citichem India Limited IPO Lot Size

The market lot size of Citichem India Limited IPO is 4,000 shares. The minimum and maximum order quantity are as follows:

Application

Lots

Shares

Amount

Minimum

1

  2000

₹1,40,000

Maximum

1

  2000

₹1,40,000

S-HNI(Minimum)

2

  4,000

₹2,80,000

 

Company Contact Details:

7, Floor 1, Plot No 96, Dhram Jyoti, Kazi Sayed Street,

Khand Bazar, Masjid Station, Mandvi, Mumbai - 400003, Maharashtra, India.

Phone:  +91- 9223278100

Email:  cs@citichemindia.com

Website: www.citichemindia.com 

 

Citichem India Limited IPO Registrar Details:

KFIN TECHNOLOGIES LIMITED

Selenium, Tower-B, Plot 31& 32, Gachibowli Financial District

Nanakramguda, Hyderabad – 500032, Telangana, India

Telephone: +91-40-6716-2222

Email:  citichemindia.ipo@kfintech.com

Website: www.kfintech.com

 

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