They will examine the allotment standing via the BSE or by visiting the registrar’s web site. Here is how one can examine the standing on BSE and even on the registrar’s web site.
Firstly, this is how one can know the standing on BSE:
Step 1: Go to the BSE Web site (https://www.bseindia.com/traders/appli_check.aspx)Step 2: Please choose the problem title, that’s the firm’s title within the drop down.Step 3: Enter the applying quantity or PAN quantity to examine the allotment standing.
To examine the standing of Citichem India IPO allotment via the registrar, which is Hyperlink Intime India on this case, kindly comply with the beneath steps.
Step 1: Go to the Hyperlink Intime India web site (https://linkintime.co.in/initial_offer/)
Step 2: Choose Citichem India IPO
Step 3: Enter the PAN particulars and click on search to know the standing
Citichem India IPO subscription
The IPO of Citichem India garnered an amazing response from market members, attaining an total subscription of 384 instances by its shut.
Citichem India IPO’s GMP
Forward of the itemizing, Citichem India’s unlisted shares had been buying and selling with a GMP of Rs 14-15 within the unlisted market on Tuesday, indicating a premium of 20% over the higher finish of the IPO worth 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 fastened as January 3.
Citichem India IPO measurement
The IPO is solely a recent fairness sale of 18 lakh shares and thru the problem, the corporate plans to boost Rs 13 crore.
About Citichem India
Citichem India is principally engaged within the shopping for, procuring, and supplying of natural and inorganic chemical substances, bulk medication, and meals chemical substances to the pharmaceutical trade. The traded speciality chemical substances and intermediates have a large utility in aluminium, metal, textiles, paper, dairy, paints, dyes and intermediates, cleaning soap making, pharma, meals and adhesive trade.
Business 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 trade has emerged as a key participant with a worldwide market share of 15%.
Citichem India’s financials
For the interval ended June 2024, the corporate clocked complete revenues of Rs 1.09 crore and internet revenue of Rs 19 crore.
(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t symbolize the views of the Financial Instances)
