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Current Issues
Citichem India Ltd.
Issue Open Date 27-Dec-24  
Issue Closing Date 31-Dec-24  
Application Money 100  
Allotment Money  
Price Band 70 -  
Minimium Application No. 2000  
Issue Size (Shares) 1800000  
Market Lot 1  
Objective
1. For funding of working capital requirements2. For purchasing of Transportation Vehicles and accessories3. For General Corporate Purposes4. For meeting the Issue Expenses
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     7196000    
Qualified Institutional Buyers     20000    
Retail Individual Investors     39386000    
Business Description
We are 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. Our 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 our 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.
Promoter's Holding
Total Share Capital   4162500  
Offered to Public   1800000  
Promoter's Holding (Pre-Issue)   83.25  
Promoter's Holding (Post-Issue)   61.21  
Address
7
Floor-1
Plot-96
Dharam Jyoti
Kazi Sayed Street
Khand Bazar
Masjid Station
Mandvi
Mumbai,
Maharashtra,
400003
Phone : 7506196222 / 9223432143
Email : citichemindialtd@gmail.com / marketing@citichemindia.com
Website : www.citichemindia.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE
Lead Manager
Horizon Management Pvt Ltd.
Promoters
Arif Esmail Merchant
Fozia Arif Esmail Merchant
Hashim Arif Merchant
Saima Hashim Merchant
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