Rite Zone Chemcon IPO subscription status started on Monday, October 31, 2022 and will close on November 2, 2022. Rite Zone Chemcon IPO to raise around ₹8.96 crores via IPO. The retail quota is 50%, and HNI is 50%. The price band is fixed at ₹75 per equity share. The IPO to list on NSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Caution. Investors should also look at the NII, and Retail numbers before investing. You can check the Rite Zone Chemcon IPO allotment status here.
Rite Zone Chemcon IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.61 | 1.05 | 2.36 |
| RII | 0.96 | 2.48 | 7.10 |
| Total | 0.78 | 1.76 | 4.73 |
Rite Zone Chemcon IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Rite Zone Chemcon IPO Review
- Avoid / Risky
Rite Zone Chemcon IPO Date & Price Band
| 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
| Minimum IPO Lot Size: | Minimum 1600 shares for 1 lot |
| Minimum Amount: | ₹120,000 for 1 lot |
Rite Zone Chemcon IPO Subscription Dates
| 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 |
Rite Zone Chemcon IPO Form
How to apply for the Rite Zone Chemcon IPO? You can apply for 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 is you can apply for Rite Zone Chemcon IPO via IPO forms downloaded via NSE. Check out the Rite Zone Chemcon forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
