Rite Zone Chemcon India Ltd IPO
NSE SMEListed On: Nov 11, 2022 at ₹ 82.85
₹ 240000 /3200 Shares
*Min Investment
31 Oct, 2022
Open Date02 Nov, 2022
Close Date07 Nov, 2022
Allotment Date11 Nov, 2022
Listing DateRite Zone Chemcon India IPO Issue Details
- Issue Price ₹75 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,195,200 shares of ₹10(aggregating up to ₹8.96 Cr)
- Listing at NSE SME
- List Price 82.85
- Listing Date 2022-11-11
- Lead Manager Expert Global Consultants Private Limited
- Registrar Skyline Financial Services Private Ltd
Rite Zone Chemcon India IPO Details
- Retail Portion N/A
Rite Zone Chemcon India IPO Details
Rite Zone Chemcon India Ltd IPO is an SME IPO, priced at ₹75 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Oct 31, 2022 to Nov 2, 2022. The allotment is expected to be finalized on Nov 7, 2022, and the tentative listing date is Nov 11, 2022.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Rite Zone Chemcon India IPO Subscription Analysis And 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
Rite Zone Chemcon India Company Financials
| 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 Rite Zone Chemcon India 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)
Mr. Bhavesh Babulal Bhandari
Mrs. Arti Bhavesh Bhandari
Pre Issue Share Holding : 58.39%
Post Issue Share Holding : %
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. You can track the real-time subscription numbers using the links below:
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 Rite Zone Chemcon India Ltd IPO price band is set between ₹75 per equity share.
Ans. To apply for Rite Zone Chemcon India Ltd 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 Rite Zone Chemcon India Ltd IPO allotment status online.
