Rite Zone Chemcon India Ltd IPO

NSE SME

Listed On: Nov 11, 2022 at ₹ 82.85

₹ 120000 /1600 Shares

Check Allotment

Rite Zone Chemcon India IPO Details

31 Oct, 2022

Open Date

02 Nov, 2022

Close Date

07 Nov, 2022

Allotment Date

11 Nov, 2022

Listing Date

Issue Price

₹75 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

82.85

Listing Date

2022-11-11

Market Lot

1600 Shares (₹120,000/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

1,195,200 shares of ₹10(aggregating up to ₹8.96 Cr)

Retail Portion

N/A

Subscription

4.73 times

IPO Docs

DRHP RHP

Rite Zone Chemcon India IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	566,400	568,000	1,134,400
Day 1 - 31-10-22 06:00 PM	0.61 x	0.96 x	0.78 x
Day 2 - 01-11-22 06:00 PM	1.05 x	2.42 x	1.74 x
Day 3 - 02-11-22 06:00 PM	2.36 x	7.10 x	4.73 x

Rite Zone Chemcon India Valuations

Earnings Per Share (EPS)

₹1.49/-

P/E Ratio

50.34

RoNW

5.22%

Net Asset Value (NAV) - Post Issue

₹16.55/-

Rite Zone Chemcon India Company Financials All values are in ₹ Lakh

	31-Mar-22	31-Mar-21	31-Mar-20
Assets	1039.27	677.87	666.83
Revenue	565.73	384.21	574.77
Profit After Tax	26.21	0.69	15.89

About The Company

Rite Zone Chemcon India Limited deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building & structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.
The company's products include Concrete Admixture, Water Proofing Systems, Concrete Lubricators, Engineering Grouts, Industrial Flooring, Concrete Repairs, Curing Compound & Mould Release Agents, Surface Treatment, Tiling & Block Products.
Rite Zone Chemcon India Limited outsource the chemical products production to a third-party manufacturer. The company has also tied up with concrete manufacturers in Maharashtra for concrete production.

Rite Zone Chemcon India - Promoter(s)

Pre Issue Share Holding: 58.39%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Bhavesh Babulal Bhandari
Mrs. Arti Bhavesh Bhandari

Rite Zone Chemcon India IPO - Issue Objectives

To part finance the Working Capital Requirements.
General Corporate Purposes.
To meet Issue Expenses.

Rite Zone Chemcon India IPO - FAQs

Ans. Rite Zone Chemcon India Ltd IPO is a SME IPO. The issue is priced at ₹75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Oct 31, 2022, and closes on Nov 2, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rite Zone Chemcon India Ltd IPO opens on Oct 31, 2022 and closes on Nov 2, 2022.

Ans. The size of Rite Zone Chemcon India Ltd IPO is 1,195,200 shares of ₹10(aggregating up to ₹8.96 Cr).

Ans. The IPO price band is set between ₹75 per equity share.

Ans. To apply for Rite Zone Chemcon India Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rite Zone Chemcon India Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Rite Zone Chemcon India Ltd IPO is Nov 7, 2022.

Ans. The Rite Zone Chemcon India Ltd IPO will be listed on Nov 11, 2022.

Ans. Follow the steps to check the allotment status for Rite Zone Chemcon India Ltd IPO here.