31 Mar 2022
Assets91.43
Total Income85.28
Profit After Tax0.24
NET Worth5.77
Reserves and Surplus0.77
Total Borrowing1.11
At a glance
Updated 2026-09-12Citichem India is a SME IPO with an issue size of ₹12.60 crore, proposed for listing on BSE SME. The offer opens on 27th Dec 2024 and closes on 31st Dec 2024. The issue structure includes a fresh issue of ₹11.96 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹12.60 Cr
Fresh issue₹11.96 Cr
Face value₹10
Price band—–—
Allotment1st Jan 2025
Listing3rd Jan 2025
Grey market
GMP page ↗Latest GMP₹15.00
GMP / upper priceNO DATA
Est. listing₹85.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Dec 2024
Closes31st Dec 2024
Allotment1st Jan 2025
Refund2nd Jan 2025
Demat2nd Jan 2025
Listing3rd Jan 2025
Subscription demand
Full bidding ↗Total414.35×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Incorporated1992
Use of proceeds
| Object | Amount |
|---|---|
| For Capital expenditure for acquisition of Property; | ₹3.60 Cr |
| For purchasing of Transportation Vehicles and accessories; | ₹4.69 Cr |
| For General Corporate Purposes; | ₹2.80 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue1.49₹ Cr · -92.4% vs prior year
PAT0.20₹ Cr · -82.1% vs prior year
Assets68.52₹ Cr · -1.2% vs prior year
Net Worth7.45₹ Cr · +2.8% vs prior year
Borrowing1.08₹ Cr · +0.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets79.73
Total Income20.94
Profit After Tax0.36
NET Worth6.13
Reserves and Surplus1.13
Total Borrowing1.10
31 Mar 2024
Assets69.33
Total Income19.61
Profit After Tax1.12
NET Worth7.25
Reserves and Surplus2.25
Total Borrowing1.08
30 Jun 2024
Assets68.52
Total Income1.49
Profit After Tax0.20
NET Worth7.45
Reserves and Surplus2.45
Total Borrowing1.08
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 15.42% |
| ROCE | 21.47% |
| Debt / Equity | 0.15% |
| RoNW | 15.42% |
| PAT Margin | 5.70% |
Valuation & shareholding
Pre-IPO EPS2.24
Post-IPO EPS1.17
Pre-IPO P/E31.3
Post-IPO P/E59.65
Promoter holding pre83.25%
Promoter holding post61.21%
Market cap₹47.60 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Citichem India IPO | — | 59.65 x | — | — |
| Shanti Inorganic IPO | — | 16.63 x | — | — |
| Devson Catalyst IPO | — | 12.81 x | — | — |
| Biopol Chemicals IPO | — | 14.58 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including fees and reimbursements of Market Making fees, underwriting fees, selling fees and payment to other intermediaries such as Legal Advisors, Advisor to the company, Registrar to the Issue and other out of pocket expenses | ₹1.28 Cr |
| Fees payable to advertising and marketing expense | ₹0.09 Cr |
| Fees Payable to regulators including stock exchange | ₹0.04 Cr |
| Printing and stationery expenses | ₹0.01 Cr |
| Brokerage and Selling Commission | ₹0.09 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Horizon Management Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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