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Issue Open Date
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27-Dec-24
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Issue Closing Date
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31-Dec-24
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Application Money
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100
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Allotment Money
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Price Band
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70
-
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Minimium Application No.
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2000
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Issue Size (Shares)
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1800000
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Market Lot
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1
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Objective
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1. For funding of working capital requirements2. For purchasing of Transportation Vehicles and accessories3. For General Corporate Purposes4. For meeting the Issue Expenses
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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|
7196000
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|
Qualified Institutional Buyers
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|
20000
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Retail Individual Investors
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|
39386000
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|
|
|
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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.
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Promoter's Holding
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Total Share Capital
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4162500
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Offered to Public
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1800000
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Promoter's Holding (Pre-Issue)
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83.25
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Promoter's Holding (Post-Issue)
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61.21
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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
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at |
BSE
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Lead Manager |
Horizon Management Pvt Ltd.
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Promoters |
Arif Esmail Merchant Fozia Arif Esmail Merchant Hashim Arif Merchant Saima Hashim Merchant
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