214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Citichem India IPO (Citichem India Limited IPO) Detail

Citichem India Limited is an Chemical based company, located in Mumbai, Citichem India Limited IPO size was 12.60 Cr. and was issued at 70.00 per share. The share of Citichem India Limited were listed at 68.28 per share and are currently trading at 29.20 per share.

Type :
Sub Sector : Supply Organic/inorganic Chemicals, Bulk Drugs, Food Chemicals, Pharmaceuticals, Etc.
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
5.96 Cr.

PAT :
0.80 Cr.

Pricing Report

Issue Price :
70.00

Listing Price :
68.28

Current Market Price :
29.20

Issue Price vs CMP :
40.8 (58.29%)

listing Price vs CMP :
39.08 (57.23%)

Performance Report (CAGR* wise)

CAGR : -68.01
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Citichem India

Company Information
Citichem India is mainly engaged in the buying, procuring, and supplying, of organic and inorganic chemicals, bulk drugs, and, food chemicals to pharmaceutical industry. The traded speciality chemicals and intermediates have a wide application in aluminium, steel, textiles, paper, dairy, paints, dyes & intermediates, soap making, pharma, food and adhesive Industry. Citichem India's  Company also supplies food preventives and chemicals under its own brand name which is thereafter converted into sales in their own books by the distribution team who ensures safe delivery of bulk supply. The said works are primarily sourced through Citichem India's  leased Registered Office located at 7, Floor 1, Plot No 96, Dhram Jyoti, Kazi Sayed Street, Khand Bazar, Masjid Station, Mandvi, Mumbai - 400003, Maharashtra, India. With the combined experience
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Object of Issue
  • For acquisition of land and construction of warehouse
  • For purchasing of Transportation Vehicles and accessories
  • For General Corporate Purposes
  • For meeting the Issue Expenses.

Citichem India SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jan, 2025
IPO Size :
12.60 Cr.
Market Cap :
47.60 Cr.   
IPO Subscription :
414.35 X     
PE Multiple :
59.65
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Citichem India operates in Chemical and Supply Organic/inorganic Chemicals, Bulk Drugs, Food Chemicals, Pharmaceuticals, Etc.. The Issue is listed on BSE SME in Jan, 2025. Citichem India IPO size was 12.60 Cr. with Issue price of 70.00 .

Citichem India IPO subscription was 414.35 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Citichem India IPO listed at a listing price of 68.28 against the offer price of 70.00.

The current market price of Citichem India is 29.20.

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