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Citichem India IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Chemical sector. Horizon Management Private is the merchant banker of Citichem India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th June 2024.
Citichem India IPO open date is 27th December 2024 and close date is 31st December 2024. IPO Allotment Date is 1st January 2025 and Listing date is 3rd January 2025.Citichem India IPO size is Rs 12.60 Cr. crores with IPO price of Rs 70.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Horizon Management Private Limited is the book-running lead manager of the Citichem India IPO. Kfin Technologies Limited is the Registrar and Market Maker is Aftertrade Broking Pvt Ltd for Citichem India IPO.
Citichem India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Citichem India IPO, based in Mumbai, operates in the Chemical sector with a focus on supply organic/inorganic chemicals, bulk drugs, food chemicals, Pharmaceuticals, etc.. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Citichem India IPO size is ₹ 12.60 Cr. Crores with fresh issue size of Rs 12.60 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Citichem India IPO is expected to be 1st January 2025, after the finalization of basis of allotment. Investors can check Citichem India IPO allotment status on the registrars website, Kfin Technologies Limited. Citichem India IPO refund dates are 2nd January 2025.
Citichem India IPO is expected to be listed on 3rd January 2025.
The upper price band for the Citichem India IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Citichem India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Citichem India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 31st December 2024. After submission, funds are blocked until the basis of allotment of Citichem India IPO is finalised.
The merchant banker for Citichem India IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Citichem India IPO RHP for further details.
The registrar for Citichem India IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Citichem India IPO through their official website or helpline.
Citichem India IPO was subscribed 414.35 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 12.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.24 Cr.
Sector: Chemical
SME IPO so far:
40
Merchant Banker:
Horizon Management
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 4.40 cr.
PE
Ratio:
59.65x
Average Sector PE Ratio: 17.10x
Citichem India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Citichem India Financial Review Page
Merchant Banker(s) of Citichem India IPO: Horizon Management Private Limited
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 28.27.
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