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Rite Zone Chemcon India IPO is a Fixed Price IPO 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 open date is 31st October 2022 and close date is 2nd November 2022. IPO Allotment Date is 7th November 2022 and Listing date is 11th November 2022.
IPO
Size:
₹ 8.96 Cr.
Avg IPO Size (Sector Based)
: ₹
20.84 cr.
Sector: Chemical - Paint And Adhesives
SME
IPO so far:
6
Merchant Banker:
Expert Global
SME
IPO by BRLM so far:
14
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
20.72
cr. 
PE
Ratio:
90.36x
Average Sector PE Ratio: 22.50x
Rite Zone Chemcon India IPO size is ₹ 8.96 Cr. with IPO price of ₹ 75.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Expert Global Consultants Private Limited is the book-running lead manager of the Rite Zone Chemcon India IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Rite Zone Chemcon India IPO.
Rite Zone Chemcon India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rite Zone Chemcon India IPO, based in Mumbai, operates in the Chemical - Paint And Adhesives sector with a focus on Deals in construction chemicals and concrete products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Rite Zone Chemcon India IPO size is ₹ 8.96 Cr. with fresh issue size of ₹ 8.96 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Rite Zone Chemcon India IPO is expected to be 7th November 2022, after the finalization of basis of allotment. Investors can check Rite Zone Chemcon India IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Rite Zone Chemcon India IPO refund dates are 9th November 2022.
Rite Zone Chemcon India IPO is expected to be listed on 11th November 2022.
The upper price band for the Rite Zone Chemcon India IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rite Zone Chemcon India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rite Zone Chemcon India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd November 2022. After submission, funds are blocked until the basis of allotment of Rite Zone Chemcon India IPO is finalised.
The merchant banker for Rite Zone Chemcon India IPO is Expert Global Consultants Private Limited . Expert Global Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rite Zone Chemcon India IPO RHP for further details.
The registrar for Rite Zone Chemcon India IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rite Zone Chemcon India IPO through their official website or helpline.
Rite Zone Chemcon India IPO was subscribed 4.73 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 8.96 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.84 Cr.
Sector: Chemical - Paint And Adhesives
SME
IPO so far:
6
Merchant Banker:
Expert Global
SME
IPO by BRLM so far:
14
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 20.68 cr.
PE
Ratio:
90.36x
Average Sector PE Ratio: 22.50x
Rite Zone Chemcon India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rite Zone Chemcon India Financial Review Page
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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