Rite Zone Chemcon IPO date is fixed, The IPO will open on October 31 and will close on November 2, 2022. Rite Zone Chemcon is an NSE SME IPO to raise ₹8.96 crores via IPO. The Rite Zone Chemcon IPO price band is fixed at ₹75 with a market lot of 1600 shares.
Rite Zone Chemcon India Limited is a manufacturer of construction chemicals and concrete chemicals. They offer their products for civil construction, infrastructure development, building & structure including pre-construction or post-construction. They have a good number of clients to whom they provide their products.
They are a manufacturer of Rite Cure WB, Rite Cure CC, Rite Guard PWC, Rite Release XL, and more chemicals. They provide a wide range of construction chemicals, including Waterproofing chemicals, Concrete Admixtures, Industrial flooring, Engineering grouts, Curing compound & Mold release agents, Concrete repairs, Tiling & block products, Surface treatment, etc.
Objects of the Issue:
- To part finance the Working Capital Requirements.
- General Corporate Purposes.
- To meet Issue Expenses.
Rite Zone Chemcon IPO Review
| Date | GMP | Kostak | Subject to |
| 23 October | ₹- | ₹- | ₹- |
Rite Zone Chemcon IPO Date & Price Band Details
| IPO Open: | October 31, 2022 |
| IPO Close: | November 2, 2022 |
| IPO Size: | Approx ₹8.96 Crores, 1,195,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹75 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Rite Zone Chemcon IPO Market Lot
The Rite Zone Chemcon IPO minimum market lot is 1600 shares with a ₹120,000 application amount.
| Minimum IPO Lot Size: | Minimum 1600 shares for 1 lot |
| Minimum Amount: | ₹120,000 for 1 lot |
Rite Zone Chemcon IPO Dates
The Rite Zone Chemcon IPO date is October 31 and the IPO close date is November 2. The IPO allotment date is November 7 and the IPO might list on November 11.
| IPO Open Date: | October 31, 2022 |
| IPO Close Date: | November 2, 2022 |
| Basis of Allotment: | November 7, 2022 |
| Refunds: | November 9, 2022 |
| Credit to Demat Account: | November 10, 2022 |
| IPO Listing Date: | November 11, 2022 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Rite Zone Chemcon IPO Form
How to apply Rite Zone Chemcon IPO? You can apply Rite Zone Chemcon IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rite Zone Chemcon IPO in the Invest section. The other option you can apply Rite Zone Chemcon IPO via IPO forms download via the NSE website. Check out the Rite Zone Chemcon forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Rite Zone Chemcon Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹5.75 | ₹5.55 | ₹0.16 |
| 2021 | ₹3.84 | ₹3.83 | ₹0.01 |
| 2022 | ₹5.66 | ₹5.12 | ₹0.26 |
| 2023 6M | ₹10.36 | ₹10.05 | ₹0.17 |
Rite Zone Chemcon IPO Valuation – FY2022
Check Rite Zone Chemcon IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹1.49 per Equity Share |
| Price/Earning P/E Ratio: | 50.34 |
| Return on Net Worth (RoNW): | 5.22% |
| Net Asset Value (NAV): | ₹16.55 per Equity Share |
Peer Group
- Mr. Bhavesh Babulal Bhandari
- Mrs. Arti Bhavesh Bhandari
Rite Zone Chemcon IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
Rite Zone Chemcon IPO Allotment Status
Check Rite Zone Chemcon IPO allotment status on Skyline website URL. Click Here
Rite Zone Chemcon IPO Lead Managers
- Expert Global Consultants Private Limited
Company Address
Rite Zone Chemcon India Ltd
Row House 11,
Beverly Park, Row House CHS Ltd
Mira Road Thane- 401107
Phone: +91 22 6884 9680
Email: [email protected]
Website: http://www.ritezone.in/
Rite Zone Chemcon IPO FAQs
What is Rite Zone Chemcon IPO?
Rite Zone Chemcon IPO is an NSE SME IPO. They are going to raise ₹8.96 Crores via IPO. The issue is priced at ₹75 per equity share. The IPO is to be listed on NSE.
When Rite Zone Chemcon IPO will open?
What is Rite Zone Chemcon IPO Investors Portion?
How to Apply the Rite Zone Chemcon IPO?
How to Apply the Rite Zone Chemcon IPO through Zerodha?
How to Apply the Rite Zone Chemcon IPO through Upstox?
How to Apply the Rite Zone Chemcon IPO through Paytm Money?
What is Rite Zone Chemcon IPO Size?
What is Rite Zone Chemcon IPO Price Band?
Rite Zone Chemcon IPO Price Band is ₹75 per equity share.
What is Rite Zone Chemcon IPO Minimum and Maximum Lot Size?
What is Rite Zone Chemcon IPO Allotment Date?
What is Rite Zone Chemcon IPO Listing Date?
Note: The Rite Zone Chemcon IPO details are announced officially. The IPO grey market premium (Rite Zone Chemcon IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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