Rite Zone Chemcon India IPO
Rite Zone Chemcon India is an NSE SME IPO listed on the NSE SME platform, priced at ₹75 per share. The stock debuted at ₹82.85, delivering a listing gain of 10.5%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,20,000.
Rite Zone Chemcon India Ltd IPO
- IPO Dates
- Oct 31, 2022 – Nov 2, 2022
- Price band
- ₹75 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- 1,195,200 shares of ₹10(aggregating up to ₹8.96 Cr)
- Lot size
- 1600
- Allotment Date
- Nov 7, 2022
- Listing
- Nov 11, 2022
- Listing At
- NSE SME
IPO timeline
-
Oct 31, 2022
Open Date
Completed
-
Nov 2, 2022
Close Date
Completed
-
Nov 7, 2022
Allotment Date
Completed
-
Nov 11, 2022
Listing Date
Completed
Rite Zone Chemcon India IPO Essentials
Rite Zone Chemcon India IPO Details
Rite Zone Chemcon India IPO is priced at ₹75 per share with a total issue size of 1,195,200 shares of ₹10(aggregating up to ₹8.96 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹75 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,195,200 shares of ₹10(aggregating up to ₹8.96 Cr)
- Listing at
- NSE SME
- List price
- 82.85
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Expert Global Consultants Private Limited
Rite Zone Chemcon India IPO Analytics
Rite Zone Chemcon India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rite Zone Chemcon India IPO Subscription Status
Rite Zone Chemcon India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
- EPS (Post IPO)
- ₹1.49/-
- P/E Ratio
- 50.34
Returns
- RoNW
- 5.22%
Rite Zone Chemcon India Financials( In Lakhs)
| 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 |
Rite Zone Chemcon India Company & Offer Insights
About Rite Zone Chemcon India
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 are the company's promoters of Rite Zone Chemcon India.
Rite Zone Chemcon India IPO Issue Objectives
- •
- To part finance the Working Capital Requirements.
- •
- General Corporate Purposes.
- •
- To meet Issue Expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Rite Zone Chemcon India IPO is a Fixed Priced IPO worth ₹1,195,200 shares of ₹10(aggregating up to ₹8.96 Cr). The issue price is ₹75 per share (fixed price). The IPO opens on Oct 31, 2022 and closes on Nov 2, 2022. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Rite Zone Chemcon India IPO is ₹75 per share (fixed price).
The lot size of Rite Zone Chemcon India IPO is 1600 shares.
The minimum investment for Rite Zone Chemcon India IPO is approximately ₹1,20,000 based on the issue price .
Rite Zone Chemcon India IPO opens on Oct 31, 2022 and closes on Nov 2, 2022.
The allotment date of Rite Zone Chemcon India IPO is Nov 7, 2022.
Rite Zone Chemcon India IPO is expected to be listed on Nov 11, 2022, on NSE SME Platform.
Rite Zone Chemcon India IPO valuation snapshot: P/E 50.34, EPS ₹1.49/-, P/B N/A, RoNW 5.22%, and market cap N/A.
To apply for Rite Zone Chemcon India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rite Zone Chemcon India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rite Zone Chemcon India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rite Zone Chemcon India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rite Zone Chemcon India IPO allotment status on IPO Ji for quick and easy access.