Citichem India Ltd
Citichem India Ltd
Price Band
₹70
Total Issue
₹12.60 Cr
Bid Dates
27 Dec - 31 Dec
Subscription
-
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
CITICHEM INDIA LIMITED is involved in the procurement and supply of organic and inorganic chemicals, bulk drugs, and food chemicals, primarily serving the pharmaceutical sector. Its product range also supports industries such as aluminium, steel, textiles, paper, dairy, paints, dyes, soap, food, and adhesives. Operating from a leased office in Mumbai, the company trades in specialty chemicals and intermediates, and markets food preservatives under its own brand. Distribution is handled in-house to ensure safe and timely bulk deliveries.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 2,000 | ₹1,40,000 |
| Individual (Max) | 1 | 2,000 | ₹1,40,000 |
| Others (Min) | 2 | 4,000 | ₹2,80,000 |
Issue Size
Objects of Issue
- For Capital expenditure for acquisition of Property
- For purchasing of Transportation Vehicles and accessories
- For General Corporate Purposes
- For meeting the Issue Expenses
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Citichem India Ltd Peer Comparison
(Rs. in crores)
| Particulars | Co. | Shankar Lal Rampal Dye Chem | Vinyl Chemicals |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 19.61 | 287.73 | 597.01 |
| PAT (In Crs.) | 1.12 | 6.50 | 21.84 |
| EPS - Basic | 2.24 | 1.02 | 11.91 |
| NAV per share | 14.50 | 15.40 | 63.66 |
| RONW | 15.42 | 6.59 | 18.71 |
| EBITDA | 9.14% | 3.37% | 4.99% |
| PAT Margin | 5.70% | 2.26% | 3.66% |
| Price to earning (PE) | 31.25 | 91.33 | 30.31 |
| Debt to Equity | 0.15 | 0.06 | 0.00 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Jun-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 1.10 | 19.61 | 20.94 | 85.22 |
| Profit after Tax | 0.20 | 1.12 | 0.36 | 0.24 |
| Net Worth | 7.45 | 7.25 | 6.13 | 5.77 |
| Total Borrowing | 1.08 | 1.08 | 1.10 | 1.11 |
| Total Assets | 68.52 | 69.33 | 79.73 | 91.43 |
| NAV per share (in ₹) | 14.90 | 14.50 | 12.27 | 11.54 |
| EPS - Basic (in ₹) | 0.40 | 2.24 | 0.81 | 2.15 |
KPIs
EBITDA
9.14
PAT
5.70
ROE
15.42
ROCE
21.47
Debt to Equity
0.15
PE Ratio
31.25
PB Ratio
4.83
Mkt Cap (in Crs.)
47.60
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
5.00%
Public
95.00%
Management
Subscription Status
Updated as on -
| Category | Sub (x) | Offered | Bids |
|---|
Frequently Asked Questions
What is Citichem India Ltd?
When will Citichem India Ltd open?
What is the GMP of Citichem India Ltd?
What is the lot size of Citichem India Ltd?
When is the allotment of Citichem India Ltd?
What is the listing date of Citichem India Ltd?
What is the subscription of Citichem India Ltd?
What is the price band of Citichem India Ltd?
How to check allotment status of Citichem India Ltd?
How to apply Citichem India Ltd in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Citichem India Ltd in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Citichem India Ltd using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Citichem India Ltd from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date