247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Rite Zone Chemcon India Limited IPO (Rite Zone Chemcon India IPO) Details

Rite Zone Chemcon India Limited is an Chemical - Paint And Adhesives based company, located in Mumbai, Rite Zone Chemcon India Limited IPO size was 8.96 Cr. and was issued at 75.00 per share. The share of Rite Zone Chemcon India Limited were listed at 86.95 per share and are currently trading at 45.90 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
20.72 Cr.

PAT :
0.34 Cr.

Pricing Report

Issue Price :
75.00

Listing Price :
86.95

Current Market Price :
45.90

Issue Price vs CMP :
29.1 (38.80%)

listing Price vs CMP :
41.05 (47.21%)

Performance Report (CAGR* wise)

CAGR : -20.03
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Rite Zone Chemcon India

Company Information
Incorporated in 2015, Rite Zone Chemicals India is ISO 9001:2015 certified company and deal in range of construction chemicals and concrete products. They offer complete construction solution by supplying a complete range of various chemical products related to civil construction, infrastructure, building & structure including pre-construction or post construction as well supplying all types of concrete required for construction and infrastructure developments. The construction chemicals are chemical compounds used in construction works. They are used to speed up the process or add more sustainability and strength to the structures. The addition of construction chemicals to various building materials during the construction work improves performance, workability, adds functionality, and protects the basic or customized elements of a structure. Their range of products includes Concrete Admixture, Water
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Object of Issue
  • To part finance the Working Capital Requirements
  • General Corporate Purposes
  • To meet Issue Expenses

Rite Zone Chemcon India SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Nov, 2022
IPO Size :
8.96 Cr.
Market Cap :
31.73 Cr.   
IPO Subscription :
4.73 X     
PE Multiple :
90.36
IPO Registrar:
Skyline Financial Services Private Limited
Anchor Investors:

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FAQs

Rite Zone Chemcon India operates in Chemical - Paint And Adhesives and . The Issue is listed on NSE EMERGE in Nov, 2022. Rite Zone Chemcon India IPO size was 8.96 Cr. with Issue price of 75.00 .

Rite Zone Chemcon India IPO subscription was 4.73 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Rite Zone Chemcon India IPO listed at a listing price of 86.95 against the offer price of 75.00.

The current market price of Rite Zone Chemcon India is 45.90.

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