Citichem India Limited IPO GMP

Citichem India is primarily 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 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.

Citichem India, an Fixed Price Issue amounting to ₹12.60 Crores, consisting entirely an Fresh Issue of 18.00 Lakh Shares. The subscription period for the Citichem India IPO opens on December 27, 2024, and closes on December 31, 2024. The allotment is expected to be finalized on or about Wednesday, January 1, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Friday, January 3, 2025.

The Share price of Citichem India IPO is set at ₹70 per equity share. The Market Capitalisation of the Citichem India Limited at IPO price of ₹70 per equity share will be ₹47.60 Crores. The lot size of the IPO is 2,000 shares. Retail investors are required to invest a minimum of ₹1,40,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹2,80,000.

Horizon Management Private Limited is the book-running lead manager while Kfin Technologies Limited is the registrar for the Issue. Aftertrade Broking Pvt Ltd. is the Market Maker for Citichem India IPO.

Citichem India Limited IPO GMP Today
The Grey Market Premium of Citichem India Limited IPO is expected to be ₹20 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Citichem India Limited Day Wise IPO GMP Trend 

Citichem India Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 31 December, 2024, the Citichem India IPO live subscription status shows that the IPO subscribed 393.22 times on its Final day of subscription period. Check the Citichem India IPO Live Subscription Status Today at BSE.

Citichem India Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online

Citichem India IPO allotment date is 1st January, 2024, Wednesday. Citichem India IPO Allotment will be out on 1st January 2024 and will be live on Registrar Website from the allotment date. Check Citichem India IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Citichem India Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.