The Citichem India Ltd Date Will Be Updated Soon .
Citichem India Ltd initial public offering (IPO) is a 100% new issue of 18,00,000 equity shares with a face value of $10 each. The IPO will be listed on the NSE platform at a later date to be determined.
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Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
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Citichem India Ltd GMP
The Citichem India Ltd IPO GMP is ₹[].
IPO Overview
Citichem India Limited is a company primarily involved in the buying, procuring, and supplying of organic and inorganic chemicals, bulk drugs, and food chemicals to the pharmaceutical industry. They also trade speciality chemicals and intermediates with broad applications in various industries such as aluminium, steel, textiles, paper, dairy, paints, dyes and intermediates, soap making, pharma, food, and adhesive industries. The company also supplies food preventives and chemicals under its brand name. The Citchem India Limited IPO opening and closing dates are yet to be announced.
Furthermore, the promoters have a clear strategy to expand and diversify their procurement sources for the company’s future growth. Citichem India Limited is well-positioned for continued success in the business because of its vision and market expertise.
Citichem India Limited Company Financials
| Particulars | Period Ended 31st Dec 2022 (₹ lakhs) | Year Ended 31st March, 2022 (₹ lakhs) | Year Ended 31st March, 2021 (₹ lakhs) |
| Revenue from Operations | 1236.85 | 8521.64 | 18016.73 |
| Profit After Tax (PAT) | 35.56 | 23.93 | 21.96 |
| EBITDA | 48.68 | 33.80 | 29.66 |
| Net Worth | 612.54 | 576.98 | 59.86 |
| Debt to Equity Ratio | 12.73 | 14.85 | 121.32 |
Company Profile
Established in 1987, CitiChem India Limited is one of the largest distributor of industrial chemicals. Our organization has progressed immensely under the able guidance of our mentors “Mr. Arif Merchant” and “Mr. Hashim Merchant”, who hold immense experience in this domain. They guided us through every step of our business operation. Owing to their constant support, we have successfully resolved complex issues and attained immense progress in this domain. Its email address is citichemindialtd@gmail.Com and its registered address is 7, floor-1, plot-96, dharam jyoti, kazi sayed street, khand bazar, masjid station, man dvi, na mumbai mumbai city mh 400003 in.
Citichem India Limited is a Public incorporated on 18 March 1992. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Its authorized share capital is Rs. 75,000,000 and its paid up capital is Rs. 50,000,000. Citichem india limited’s corporate identification number is (cin) U24100MH1992PLC065975 and its registration number is 65975.
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
