Citichem India Limited

Minimum Investment

Minimum Investment (Retail)	Lots (min)	Shares (QTY)
₹1,40,000	1	2000

About Citichem India Limited

Incorporated in 1992, Citichem India Limited is engaged in buying and supplying organic and inorganic chemicals, bulk drugs, and food chemicals to the the pharmaceutical industry.

The company focuses on the direct supply of specialty chemicals, bulk drugs, and intermediate products.

It trades in specialty chemicals and intermediates that have a wide range of applications across industries such as aluminum, steel, textiles, paper, dairy, paints, dyes and intermediates, soap making, pharmaceuticals, food, and adhesives.

The company also supplies food preservatives and chemicals under its brand name, which are then sold through its distribution team, ensuring the safe delivery of bulk supplies.

The company supplies products such as Caustic Soda Flakes, Caustic Soda Lye, Citric Acid Monohydrate, Hydrogen Peroxide, and more.

Business division:

Specialty Chemicals, Intermediates & Active Pharmaceutical Ingredients (API): The company specializes in indenting, sourcing, make-to-order outsourcing, and supplying specialty chemicals, bulk drugs, and APIs to domestic and international clients in the pharmaceutical, paint, and food industries.
Food Chemicals: The company handles the repackaging, retail distribution, and marketing of food chemicals.
Laboratory Chemicals: The company offers a one-stop solution for all types of laboratory chemicals.

As of June 30, 2024, The company has 9 employees.

Competitive Strengths:

Experienced Promoters and management team
Scalable Business Model
Focus on quality and innovation
Location Advantage
Cordial Relationships with Suppliers &Customers
Dedicated after-sales network

Citichem India IPO Details

IPO Date	December 27, 2024 to December 31, 2024
Face Value	₹10 per share
Price	₹ 70 per share
Lot Size	2,000 Shares
Total Issue Size	18,00,000 shares (aggregating up to ₹12.60 Cr)
Fresh Issue	18,00,000 shares (aggregating up to ₹ 12.60 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE SME
Share Holding Pre Issue	50,00,000 shares
Share Holding Post Issue	68,00,000 shares
IPO Open Date	Friday, December 27, 2024
IPO Close Date	Tuesday, December 31, 2024
Basis of Allotment	Wednesday, January 1, 2025
Initiation of Refunds	Thursday, January 2, 2025
Credit of Shares to Demat	Thursday, January 2, 2025
Listing Date	Friday, January 3, 2025
Cut-off time for UPI mandate confirmation	5 PM on December 31, 2024

Citichem India IPO Prospectus

Citichem India IPO DRHP

Citichem India IPO Addendum DRHP

Citichem India IPO RHP