Past performance
Performance overview
About Citichem India Ltd **Citichem India Limited** is a chemical trading company with a diverse product portfolio catering to multiple industries. Initially incorporated as Citichem Alkalies (Bombay) Private Limited in 1992, the company underwent structural and name changes before becoming a public limited entity in 1999 under the name Citichem India Limited. Its headquarters are registered in Maharashtra, India. The company primarily focuses on the procurement and supply of organic and inorganic chemicals, bulk drugs, and food-grade chemicals. Its products serve a wide range of industries, including pharmaceuticals, textiles, paints, coatings, food production, fragrances, and agrochemicals. Citichem also deals with specialty chemicals and intermediates used in aluminum, steel, paper, dairy, dyes, adhesives, and soap manufacturing. Under its own brand, the company supplies food-grade preservatives and specialty chemicals, managed through an in-house distribution team that ensures bulk delivery with safety. Citichem India’s operations reflect its expertise in catering to both the pharmaceutical and industrial chemical markets, making it a critical player in India’s chemicals supply chain. The company raised Rs. 12.6 crore through an Initial Public Offering (IPO) in December 2024, issuing 18 lakh equity shares at Rs. 10 per share, to fund its growth and strengthen its capital base. With its multifaceted product range and presence in numerous high-demand industries, Citichem India Limited holds significant potential for scalability, aligning its business strategy with India's growing industrial and pharmaceutical needs.
Website citichemindia.com
Founded 1992
Headquarters Mumbai