Rite Zone Chemcon IPO GMP, Date, Price, Review, Allotment

Rite Zone Chemcon IPO

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

  • Avoid / Risky

Rite Zone Chemcon IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
11 November₹5₹-₹10000

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
YearRevenueExpensePAT
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

  • N/A

Company Promoters

  • 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?

The IPO is to open on October 31, 2022 for NII, and Retail Investors.

What is Rite Zone Chemcon IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Rite Zone Chemcon IPO?

You can apply Rite Zone Chemcon IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Rite Zone Chemcon IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rite Zone Chemcon”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Rite Zone Chemcon IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rite Zone Chemcon”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Rite Zone Chemcon IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rite Zone Chemcon”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Rite Zone Chemcon IPO Size?

Rite Zone Chemcon IPO size is ₹8.96 crores.

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?

The IPO bid is 1600 shares with ₹120,000.

What is Rite Zone Chemcon IPO Allotment Date?

Rite Zone Chemcon IPO allotment date is November 7, 2022.

What is Rite Zone Chemcon IPO Listing Date?

Rite Zone Chemcon IPO listing date is November 11, 2022. The IPO to list on NSE SME.

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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