Citichem India IPO
smelistedAbout the company
Citichem India is a leading supplier of organic and inorganic chemicals, bulk drugs, and food chemicals, primarily serving the pharmaceutical industry. With 25+ years of experience, they specialize in high-quality specialty chemicals and APIs, serving diverse industries. The company focuses on expanding its product range, supply chain capabilities, and market presence. They are transitioning to an asset-light model, emphasizing R&D, strategic partnerships, and cost control to enhance profitability, operational efficiency, and customer engagement.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed27 Dec 2024Bidding starts for all investor categories
IPO Closes
Completed31 Dec 2024Last day to place your bid
Basis of Allotment
Completed01 Jan 2025Share allotment finalised
Refund Initiation
Completed02 Jan 2025Refunds credited for non-allottees
Credit to Demat
Completed02 Jan 2025Allotted shares credited to demat account
Listing on Exchange
Completed03 Jan 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹140,000 | 1 | ₹140,000 | 1 lot only |
| HNI | 2 | 4000 | ₹280,000 | 2 | ₹280,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 857,143 | 6 | 0 | 0.00x | 100% |
| NII | 15% | 257,143 | 1.8 | 0 | 0.00x | 100% |
| Retail | 35% | 600,000 | 4.2 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
