Citichem India IPO vs NACDAC Infrastructure IPO

Comparison between Citichem India IPO and NACDAC Infrastructure IPO.

IPO Details

Citichem India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while NACDAC Infrastructure IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Citichem India IPO is up to ₹11.96 Cr whereas the issue size of the NACDAC Infrastructure IPO is up to ₹9.24 Cr. The final issue price of Citichem India IPO is ₹70.00 per share and of NACDAC Infrastructure IPO is ₹35.00 per share.

 Citichem India IPONACDAC Infrastructure IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹70.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size17,08,000 shares26,40,000 shares
Fresh Issue Size (Amount)up to ₹11.96 Crup to ₹9.24 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,08,000 shares26,40,000 shares
Issue Size Total (Amount)up to ₹11.96 Crup to ₹9.24 Cr

IPO Timetable

Citichem India IPO opens on Dec 27, 2024, while NACDAC Infrastructure IPO opens on Dec 17, 2024. The closing date of Citichem India IPO and NACDAC Infrastructure IPO is Dec 31, 2024, and Dec 19, 2024, respectively.

 Citichem India IPONACDAC Infrastructure IPO
Anchor Bid DateDec 16, 2024
Issue OpenDec 27, 2024Dec 17, 2024
Issue CloseDec 31, 2024Dec 19, 2024
Basis Of Allotment (Tentative)Jan 01, 2025Dec 20, 2024
Initiation of Refunds (Tentative)Jan 02, 2025Dec 23, 2024
Credit of Share (Tentative)Jan 02, 2025Dec 23, 2024
Listing date (Tentative)Jan 03, 2025Dec 24, 2024
Anchor Lockin End date 1Jan 19, 2025
Anchor Lockin End date 2Mar 20, 2025

Financials & KPIs

Citichem India IPO P/E ratio is 31.3, as compared to NACDAC Infrastructure IPO P/E ratio of 47.78.

 Citichem India IPONACDAC Infrastructure IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets68.5269.3379.7391.43
Total Income1.4919.6120.9485.28
Profit After Tax0.201.120.360.24
NET Worth7.457.256.135.77
Reserves and Surplus2.452.251.130.77
Total Borrowing1.081.081.101.11
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets30.2324.6012.469.01
Total Income13.7636.3311.7410.32
Profit After Tax1.603.170.560.32
NET Worth13.6112.015.814.88
Reserves and Surplus5.954.341.170.47
Total Borrowing8.116.430.091.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.2595.9
Promoter Shareholding (Post-Issue)61.2169.84
P/E Ratio31.347.78
Market Cap₹47.60 Cr.₹36.84 Cr.
ROE15.4235.57
ROCE21.4725.88
Debt/Equity0.150.54
EPS₹2.24₹0.73
RoNW15.4226.39

Shares Offered

In the Citichem India IPO Retail Individual Investors (RII) are offered 8,54,000 shares while in NACDAC Infrastructure IPO retail investors are offered 8,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Citichem India IPO and 5,20,000 shares in NACDAC Infrastructure IPO.

 Citichem India IPONACDAC Infrastructure IPO
Anchor Investor Reservation7,80,000 shares
Market Maker Reservation92,000 shares2,20,000 shares
QIB5,20,000 shares
NII8,54,000 shares4,00,000 shares
RII8,54,000 shares9,40,000 shares
Employee
Others
Total17,08,000 shares26,40,000 shares

Bids Received (Subscription)

Citichem India IPO subscribed 410.53x in total, whereas NACDAC Infrastructure IPO subscribed 1,556.88x.

 Citichem India IPONACDAC Infrastructure IPO
QIB (times)236.39x
NII (times)277.88x4,084.46x
Big NII (times)
Small NII (times)
RII (times)543.18x2,503.66x
Employee (times)
Other (times)
Total (times)410.53x1,556.88x

Compare with others

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Citichem India IPO Vs NACDAC Infrastructure IPO