What is the process to apply for the Citichem India IPO?
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Investors can apply by logging in to Bajaj Broking’s platform, selecting the IPO, entering details, and approving the UPI mandate.
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Applying for the Citichem India IPO is a straightforward process, allowing investors to participate in the offering during the subscription period from December 27 to December 31, 2024. The IPO is priced at ₹70 per share with a minimum lot size of 2,000 shares, requiring an initial investment of ₹1,40,000. Investors need an active Demat account to hold the shares and a valid UPI ID to authorize payment for the application.
To ensure a smooth application, follow the step-by-step process through your preferred trading platform. Reviewing the application details before submission is crucial to avoid errors. For more information on this IPO, visit the Citichem India IPO page on Bajaj Broking.
The application process is simple and can be completed in a few steps through Bajaj Broking's platform.
Step 1: Login to Your Trading Platform
Log in to your trading account on the Bajaj Broking platform via the app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view the list of active public issues.
Step 3: Select the Open IPO and Click Apply
Locate "Citichem India IPO" and click on the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 2,000 shares).
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization. Ensure sufficient funds are available in your linked account.
Step 6: Confirm the Application
Review all the details, including the lot size and bid amount, before submitting.
Step 7: Complete the Process and Wait for Allotment
Submit the application and approve the UPI mandate before 5 PM on December 31, 2024.
Investors can check the Citichem India IPO allotment status through the registrar’s website or via Bajaj Broking’s platform. Follow these steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the Kfin Technologies Limited website.
Step 2: Navigate to the IPO Allotment Status Page
Locate the "Allotment Status" section on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Fill in the required details to access the status.
Step 4: Click on 'Submit' or 'Check Status'
Submit the details to view your allotment status.
Step 5: Alternative Check on Stock Exchange Websites
Visit the BSE or NSE websites to verify the status using your application number or PAN.
Step 6: Check via Bajaj Broking Website
Log in to the Bajaj Broking platform and navigate to the IPO section to check your IPO Allotment Status.
Citichem India Ltd, established in 1992, operates in the specialty chemicals and APIs sector. The company caters to industries such as pharmaceuticals, textiles, and food processing. Its business divisions include specialty chemicals, food chemicals, and laboratory chemicals, ensuring a diversified client base.
The Citichem India IPO is a fixed-price issue, offering 18,00,000 shares at ₹70 each, aiming to raise ₹12.60 crore. The subscription window is open from December 27 to December 31, 2024, with a lot size of 2,000 shares, requiring a minimum investment of ₹1,40,000.
The IPO proceeds will primarily be utilized for capital expenditure, transportation vehicles, and corporate purposes. Citichem’s focus on operational efficiency supports its future growth.
For allotment updates, visit the Citichem India IPO Allotment Status page on Bajaj Broking’s platform.
Citichem India Ltd is a well-established player in the specialty chemicals and APIs market, catering to industries such as pharmaceuticals, textiles, and food processing. Incorporated in 1992, the company has built a diversified portfolio, including specialty chemicals, food chemicals, and laboratory chemicals, serving both domestic and international clients.
The Citichem India IPO is a fixed price issue offering 18,00,000 fresh shares to raise ₹12.60 crore. The IPO will open on December 27, 2024, and close on December 31, 2024. The shares are priced at ₹70 each with a lot size of 2,000 shares, requiring a minimum investment of ₹1,40,000.
With a focus on scalable growth and operational efficiency, Citichem India Ltd aims to use the IPO proceeds for capital expenditures, transportation vehicles, and general corporate purposes.
For further details, you can check the Citichem India IPO Allotment Status once the allotment is finalized.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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Investors can apply by logging in to Bajaj Broking’s platform, selecting the IPO, entering details, and approving the UPI mandate.
Yes, a valid Demat account is required to hold shares of the Citichem India IPO. Bajaj Broking provides a seamless platform for this process.
Physical form applications are not accepted. Investors can apply online through ASBA or trading platforms like Bajaj Broking.
A PAN card, active Demat account, and UPI ID are essential to apply for the IPO.
Payment is made through UPI during the application process. Ensure sufficient funds are available in your linked account.
Once the UPI mandate is approved, you will receive confirmation through your trading platform or Bajaj Broking’s notifications.
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