Citichem India IPO allotment in all probability at current: Take a look at standing, GMP, itemizing date and completely different particulars


The share allotment of Citichem India IPO is extra prone to be finalised later at current. Consumers will get shares on a lottery basis and your complete course of was supervised by the registrar. On the allotment date, merchants get to know regarding the number of shares allotted to them as in opposition to the bids made.

They may study the allotment standing through the BSE or by visiting the registrar’s website online. Right here is how one can study the standing on BSE and even on the registrar’s website online.

Firstly, that is how one can know the standing on BSE:

Step 1: Go to the BSE Website (https://www.bseindia.com/merchants/appli_check.aspx)Step 2: Please select the issue title, that’s the agency’s title throughout the drop down.Step 3: Enter the making use of amount or PAN amount to look at the allotment standing.

To look at the standing of Citichem India IPO allotment through the registrar, which is Hyperlink Intime India on this case, kindly adjust to the beneath steps.

Step 1: Go to the Hyperlink Intime India website online (https://linkintime.co.in/initial_offer/)

Step 2: Select Citichem India IPO

Step 3: Enter the PAN particulars and click on on search to know the standing

Citichem India IPO subscription

The IPO of Citichem India garnered a tremendous response from market members, attaining an complete subscription of 384 cases by its shut.

Citichem India IPO’s GMP

Ahead of the itemizing, Citichem India’s unlisted shares had been shopping for and promoting with a GMP of Rs 14-15 throughout the unlisted market on Tuesday, indicating a premium of 20% over the upper end of the IPO value band of Rs 70.

Citichem India IPO’s itemizing date

The IPO opened for public bidding on December 27 and closed on December 31. The shares shall be listed on the BSE SME platform with a tentative itemizing date mounted as January 3.

Citichem India IPO measurement

The IPO is solely a current equity sale of 18 lakh shares and through the issue, the company plans to spice up Rs 13 crore.

About Citichem India

Citichem India is principally engaged throughout the purchasing for, procuring, and supplying of pure and inorganic chemical substances, bulk medicine, and meals chemical substances to the pharmaceutical commerce. The traded speciality chemical substances and intermediates have a big utility in aluminium, steel, textiles, paper, dairy, paints, dyes and intermediates, cleansing cleaning soap making, pharma, meals and adhesive commerce.

Enterprise Overview

Globally, India is the fourth-largest producer of agrochemicals after the US, Japan and China. India accounts for 16% of the world manufacturing of dyestuffs and dye intermediates. The Indian colorants commerce has emerged as a key participant with a worldwide market share of 15%.

Citichem India’s financials

For the interval ended June 2024, the company clocked full revenues of Rs 1.09 crore and web income of Rs 19 crore.

(Disclaimer: Recommendations, concepts, views and opinions given by the consultants are their very personal. These don’t symbolize the views of the Monetary Situations)



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