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Rite Zone Chemcon India IPO is a Fixed Price listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Chemical - Paint And Adhesives sector. Expert Global Consultants is the merchant banker of Rite Zone Chemcon India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th August 2022.
Rite Zone Chemcon India IPO posted revenues of ₹ 20.72 crores and PAT of ₹ 0.34 crores in FY23 on annualised basis.
Revenue:
₹ 20.68 Cr.
EBITDA Margin:
5.22
% 
Net Worth: ₹ 5.19 Cr.
Market Capitalisation:
₹ 31.73 Cr.
P/E:
90.36 times
P/BV: 2.24 times
EV/EBITDA: 29.85 times
Financial results of Rite Zone Chemcon India IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-22 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 12.41 | 10.39 | 6.78 | 6.67 | |
| Net Worth | 5.19 | 5.02 | 0.63 | 0.63 | |
| Total Debt | 0.97 | 1.06 | 3.29 | 2.58 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
10.34
20.68 |
4.93 | 3.79 | 5.74 | |
EBITDA
EBITDA on annualised basis |
0.54
1.08 |
0.87 | 0.31 | 0.55 | |
PAT
PAT on annualised basis |
0.17
0.34 |
0.26 | 0.01 | 0.16 | |
Rite Zone Chemcon India IPO PAT Margin is 1.64 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Rite Zone Chemcon India IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-22 | FY22 | FY21 | FY20 |
|---|---|---|---|---|
| EBITDA Margin (%) | 5.22 | 17.65 | 8.18 | 9.58 |
| PAT Margin (%) | 1.64 | 5.27 | 0.26 | 2.79 |
| EPS (₹) | 0.58 | 1.49 | 0.11 | 2.61 |
| ROE (%) | 3.28 | 5.18 | 1.59 | 25.40 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 1.37 | 2.50 | 0.15 | 2.40 |
| Debt to Equity | 0.19 | 0.21 | 5.22 | 4.10 |
The market Capitalisation of Rite Zone Chemcon India IPO is ₹ 31.73 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Rite Zone Chemcon India IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Rite Zone Chemcon India IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Rite Zone Chemcon India IPO is ₹ 31.73 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Rite Zone Chemcon India IPO has a Price-to-Earnings (PE) ratio of 90.36 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Rite Zone Chemcon India IPO reported revenue of ₹ 20.72 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Rite Zone Chemcon India IPO provide insights into sales growth, market demand, and business scalability.
Rite Zone Chemcon India recorded an EBITDA of ₹ 1.08 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Rite Zone Chemcon India Profit After Tax (PAT) is ₹ 0.34 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 20.68 Cr.
EBITDA Margin:
5.22
%
Net Worth: ₹ 5.19 Cr.
Market Capitalisation:
₹ 31.73 Cr.
P/E:
90.36 times
P/BV: 2.24 times
EV/EBITDA: 29.85 times
Rite Zone Chemcon India operates in Chemical - Paint And Adhesives and Deals In Construction Chemicals And Concrete Products. The Issue is listed on NSE EMERGE in Nov, 2022. Rite Zone Chemcon India IPO size was 8.96 with Issue price of 75.00 .
Merchant Banker(s) of Rite Zone Chemcon India IPO: Expert Global Consultants Private Limited
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 24.70.
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