IPO Details

Citichem India Ltd
Registered Office: 7 Flr 1 Plot #.96 Dhram Jyoti, Kazi Sayed St Masjid Station, Mumbai - 400003, Maharashtra
Phone: +91 92232 78100
Email: cs@citichemindia.com
Website: www.citichemindia.com
Initial public issue of upto 18,00,000 equity shares of face value of Rs. 10 each of Citichem India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share (the "Issue Price") aggregating to Rs. 12.60 crores ("The Issue"), of which up to 92,000 equity shares for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share aggregating to Rs. 0.64 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 17,08,000 equity shares at a price of Rs. 70/- per equity share aggregating to Rs. 11.96 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.47% and 25.12% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 7 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
27-Dec-2024	31-Dec-2024	₹ 70.00	₹ 0.00

Projects
Working capital requirements
Purchase of Transportation Vehicles & Accessories
General Corporate Purposes

Promoted By
Arif Esmail Merchant
Hashim Arif Merchant
Fozia Arif Esmail Merchant

Listing At
BSE - SME

Registrar to the Issue