Menu
Rite Zone Chemcon India Limited, founded in 2015, sells a variety of building chemicals and concrete materials. The company provides complete construction solutions by supplying a wide range of chemical products related to civil construction, infrastructure, building and structure, including pre-construction and post-construction, as well as all types of concrete required for construction and infrastructure developments.
Concrete Admixture, Concrete Lubricators, Water Proofing Systems, Engineering Grouts, Concrete Repairs, Industrial Flooring, Curing Compound & Mould Release Agents, Surface Treatment, Tiling & Block Goods are among the company’s products.
Rite Zone Chemcon India Limited outsources the production of chemical goods to a third-party company. For concrete manufacturing, the business has also partnered with concrete producers in Maharashtra.
IPO Date | Oct 31, 2022 to Nov 2, 2022 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹75 per share |
Lot Size | 1600 Shares |
Issue Size | 1,195,200 shares of ₹10 (aggregating up to ₹8.96 Cr) |
Fresh Issue | 1,195,200 shares of ₹10 (aggregating up to ₹8.96 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
NII (HNI) Shares Offered | 50% of the net offer |
Retail Shares Offered | 50% of the net offer |
Company Promoters | Mr. Bhavesh Babulal Bhandari and Mrs. Arti Bhavesh Bhandari are the company promoters. |
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 |
30-Sep-22 | 1240.92 | 1036.34 | 17.48 |
Amount in ₹ Lakhs | |||
Period Ended | Net Worth | Reserves and Surplus | Total Borrowing |
31-Mar-20 | 62.53 | 61.53 | 258.12 |
31-Mar-21 | 63.26 | 62.26 | 329.3 |
31-Mar-22 | 502.36 | 198.86 | 106.24 |
30-Sep-22 | 519.85 | 216.34 | 97.36 |
Amount in ₹ Lakhs | |||
FY 2020 | FY 2021 | FY 2022 | |
EPS | 2.61 | 0.11 | 1.49 |
PE ratio | – | – | 50.34 |
RONW (%) | 25.41 | 1.09 | 5.22 |
NAV | – | – | 16.55 |
EBITDA % | 3.38 | 3.09 | 4.78 |
Debt to Equity | 4.13 | 5.21 | 0.21 |
Listed On : NSE SME
Issue Price : ₹75 per share
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : NA
BSE : NA
Opening Date | Oct 31, 2022 |
Closing Date | Nov 2, 2022 |
Basis of Allotment | Nov 7, 2022 |
Initiation of Refunds | Nov 9, 2022 |
Credit of Shares to Demat | Nov 10, 2022 |
Listing Date | Nov 11, 2022 |
Row House 11,
Beverly Park, Row House CHS Ltd
Mira Road Thane- 401107
Phone: +91 22 6884 9680
Email: cs@ritezone.in
Website: http://www.ritezone.in/
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/
The Rite Zone Chemcon IPO is a NSE SME IPO of ₹75 per equity share with a face value of 10 per equity share.
The issue size is priced at 1,195,200 shares of ₹10 (aggregating up to ₹8.96 Cr).
The fresh issue size priced at 1,195,200 shares of ₹10 (aggregating up to ₹8.96 Cr).
The initial public offering (IPO) begins on Oct 31 2, 2022 and Closes on Nov 2, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Rite Zone Chemcon IPO opens on Oct 31, 2022 and closes on Nov 2, 2022.
Rite Zone Chemcon IPO Market lot size is 1600 Shares and the minimum order quantity is 1600 Shares.
The finalisation of Basis of Allotment for Rite Zone Chemcon IPO will be done on Nov 7, 2022. and the allotted shares will be credited to your demat account by Nov 10, 2022. Check the Rite Zone Chemcon IPO status.
The Rite Zone Chemcon IPO listing date is on Nov 11, 2022.
Rite Zone Chemcon IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
© 2021 All rights reserved