Incorporation in 2015, 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.
Strengths:
- Wide product portfolio with a focus on quality.
- Quality Assurance and customer satisfaction.
- Asset Light business model with low fixed overheads.
- R&D set up for constant product improvement and new product development.
- Longstanding customer relationships leading to increased business opportunities.
- Existing committed workforce.
| Date | GMP | Kostak | Subject To Sauda |
| 25 October 2022 | ₹- | ₹- | ₹- |
Rite Zone Chemcon SME IPO Date & Price Band.
| IPO Open: | Oct 31, 2022 |
| IPO Close: | Nov 2, 2022 |
| IPO Size: | ₹8.96 Crores |
| Price Band: | ₹75 per share |
| Listing on: | NSE SME |
| Retail Portion: | 50% of the net offer |
| Equity: | 1,195,200 shares |
| Face Value: | ₹10 per share |
Rite Zone Chemcon SME IPO Market Lot
The Rite Zone Chemcon IPO minimum market lot is 1600 shares with a ₹120,000 application amount.
- Shares: Minimum 1600 shares
- Minimum Amount: ₹120,000
- Maximum Amount: ₹120,000
Rite Zone Chemcon SME IPO Allotment & Listing:
- Basis of Allotment: Nov 7, 2022
- Refunds: Nov 9, 2022
- Credit to Demat accounts: Nov 10, 2022
- Listing: Nov 11, 2022
Rite Zone Chemcon SME 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 SME Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-20 | 666.83 | 574.77 | 15.89 |
| 31-Mar-21 | 677.87 | 384.21 | 0.69 |
| 31-Mar-22 | 1039.27 | 565.73 | 26.21 |
Rite Zone Chemcon SME IPO Valuation – FY2022
| 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
Company Promoters
- Mr. Bhavesh Babulal Bhandari
- Mrs. Arti Bhavesh Bhandari
Rite Zone Chemcon SME IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
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/
Quick Links:
About Rite Zone Chemcon SME IPO
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Rite Zone Chemcon SME Allotment Status
Rite Zone Chemcon SME IPO Listing Date
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
Rite Zone Chemcon SME IPO FAQs
What is Rite Zone Chemcon SME IPO Open Date for QIB, NII, and Retail?
Rite Zone Chemcon SME IPO will open on Oct 31, 2022
Rite Zone Chemcon SME IPO Size?
Rite Zone Chemcon IPO size is Approx ₹8.96 Crores
Rite Zone Chemcon SME IPO Price Band?
Rite Zone Chemcon SME IPO Price Band is ₹75 Per Equity Share
Rite Zone Chemcon SME IPO Minimum Lot Size?
The minimum bid is 1600 Shares with a ₹120,000Minimum Lot Size.
What is Rite Zone Chemcon SME IPO Allotment Date?
Rite Zone Chemcon SME IPO allotment date is Nov 07, 2022
What is Rite Zone Chemcon SME IPO Listing Date?
Rite Zone Chemcon SME IPO listing date is Nov 11, 2022. The IPO is to list on NSE SME.