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Open
31 Oct to 2 Nov, 2022
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Close
31 Oct to 2 Nov, 2022
3
Allotment
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Listing
Fri, Nov 11, 2022
Price Band
₹75 per share
Issue Size
11,95,200 shares (agg. up to ₹9 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Nov 11, 2022
Latest GMP
₹4
Est. Gain
5.33%
✦ AI Insight
GMP Trend
11-11-2022₹4Est. ₹79+5.33%
10-11-2022₹4Est. ₹79+5.33%
09-11-2022₹4Est. ₹79+5.33%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.54x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 12.41 | 10.39 | 6.78 | 6.67 |
| Total Income | 10.36 | 5.66 | 3.84 | 5.75 |
| Profit After Tax | 0.17 | 0.26 | 0.01 | 0.16 |
| NET Worth | 5.20 | 5.02 | 0.63 | 0.63 |
| Reserves and Surplus | 2.16 | 1.99 | 0.62 | 0.62 |
| Total Borrowing | 0.97 | 1.06 | 3.29 | 2.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vital Chemtech Ltd. | SME | ₹64.64 Cr | ₹101 | 14.94 | ₹163.10 | +61.49% | ₹55.46 |
| Bhatia Colour Chem Ltd. | SME | ₹40.00 Cr | ₹80 | 166 | ₹42.00 | -47.50% | ₹30.36 |
| Aether Industries Ltd. | Mainboard | ₹808.04 Cr | ₹642 | 72.3 | ₹774.40 | +20.62% | ₹1,610.90 |
| HP Adhesives Ltd. | Mainboard | ₹125.96 Cr | ₹274 | null | ₹330.75 | +20.71% | ₹35.67 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 6.75 |
| 2 | General Corporate Purposes | 0.50 |
| 3 | Issue Expenses | 1.71 |
About Rite Zone Chemcon IPO
Updated on Aug 5, 2026
Contact Details
Rite Zone Chemcon India Ltd. AddressRow House 11Beverly Park, Row House CHS LtdMira RoadThane, Maharashtra, 401107+91 22 6884 9680cs@ritezone.inVisit Website