Rite Zone Chemcon IPO GMP, Dates, Price, & Allotment Details 2022

Rite Zone Chemcon IPO

Rite Zone Chemcon IPO will be Open on 31 October 2022 and closes on 02 November 2022. The company has fixed the price of this IPO at ₹75 according to the face value of ₹10. The company will raise ₹8.96 Crores through this IPO under the 11,95,200 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Rite Zone Chemcon IPO GMP and Rite Zone Chemcon IPO subscription status here.

Rite Zone Chemcon India Limited deal in range of construction chemicals and concrete products. The company 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 company range of products includes Concrete Admixture, Water Proofing Systems, Concrete Lubricator, Engineering Grouts, Industrial Flooring, Concrete Repairs, Curing Compound & Mould Release Agent, Surface Treatment, Tiling & Block Products.

The Company also deal in range of concrete products such as slump concrete, flowable concrete, self-compaction concrete (SCC), Light Weight Concrete, Stamp Concrete, Color Concrete, PQC Concrete, Early Strength Concrete, Reinforce Concrete, Shotcrete Concrete, Precast Concrete, Pile Concrete, Air Entrench Concrete, Prestressed Concrete, High Strength Concrete Etc.

The company has tied up with concrete manufacturers in Maharashtra for production of concrete. The majority of these manufacturers are located on the outskirts of Mumbai city, which enables continuous and smooth supply of concrete to overall Mumbai, Navi Mumbai and Thane city. Check Rite Zone Chemmcon IPO Allotment Status here.

Objects Of The Issue :

  • To part finance the Working Capital Requirements;
  • General Corporate Purposes
  • To meet Issue Expenses.

Company Strengths :

  • Wide product portfolio with focus on quality.
  • Quality Assurance and customer satisfaction.
  • Asset Light business model with low fixed overheads.
  • R&D set up for constant product improvement and new product development.
  • Longstanding customer relationships leading to increased business opportunities.
  • Existing committed work force.
Read also: Upcoming IPO List 2022

Rite Zone Chemcon IPO Review :

■ AVOID

Rite Zone Chemcon IPO GMP Live:

Rite Zone Chemcon IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)

DateGMPSubject Rate
07 Nov 2022₹-₹
06 Nov 2022₹4-₹5₹0
05 Nov 2022₹4-₹5₹0
04 Nov 2022₹8-₹10₹0
03 Nov 2022₹10-₹12₹0

Rite Zone Chemcon IPO Date & Price Band & Details :

Issue Offer ;Fixed Price Issue
IPO Open :31 October 2022
IPO Close :02 November 2022
IPO Size :₹8.96 Cr {11,95,200 Shares}
Face Value :₹10 Rs. Equity Share
Price Band :₹75 Per Share
Listing On :NSE, SME
Issue Size :₹8.96 Cr {11,95,200 Shares}
Fresh Issue :₹8.96 Cr {11,95,200 Shares}
Offer For Sale :₹-. Cr
Rite Zone Chemcon IPO

Rite Zone Chemcon IPO Market Lot :

Rite Zone Chemcon IPO Minimum Market lot is 1 Lot with 1600 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹120,000 amounts.

Minimum Lot Size :1 Lot
Minimum Share :1600 Shares
Minimum Amount :₹120,000
Minimum Lot Size :1 Lot
Maximum Shares :1600 Shares
Maximum Amount :₹120,000

Rite Zone Chemcon IPO Shares Offer :

A Total of 11,95,200 shares are to be bid for the public issue by Rite Zone Chemcon IPO with 11,95,200 for Fresh issue and – for offer for sale.

CategoryShares OfferAmount
Fresh issue : 11,95,200₹8.96 Cr
Offer For Sale : ₹-
Total : 11,95,200₹8.96 Cr

Rite Zone Chemcon IPO Reservation :

Rite Zone Chemcon  IPO Total Reservation of 11,95,200 shares are to be bid for the public issue by Rite Zone Chemcon IPO with – for QIB and 5,68,000 for NII 5,68,000 For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :%₹-
NII :50%5,68,000₹4.26 Cr
RII :50%5,68,000₹4.26 Cr
MMRP :– %60,800₹0.44 Cr
Total :100%11,95,200₹8.96 Cr
Rite Zone Chemcon IPO

Rite Zone Chemcon IPO Dates :

Rite Zone Chemcon IPO Date is 31 October 2022 and closes on 02 November 2022. The allotment will be finalized on 07 November 2022 and the IPO may list on 11 November 2022.

Issue Open Date :31 October 2022
Issue Close Date :02 November 2022
Allotment Date :07 November 2022
Refund Date :09 November 2022
Share Credit Date :10 November 2022
Listing Date :11 November 2022

Rite Zone Chemcon IPO Form :

There are two ways to apply in Rite Zone Chemcon IPO. You can apply for Rite Zone Chemcon IPO through ASBA available in your bank account. You have to go to your online bank login and select Rite Zone Chemcon IPO in the Invest section and apply through your bank account. Another option is you can apply Rite Zone Chemcon IPO through IPO form download through NSE and BSE. See the Rite Zone Chemcon IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.

Rite Zone Chemcon Company Financial Report (lakh) :

YearRevenueExpensePAT
2020₹565.73₹511.88₹26.20
2019₹384.21₹383.25₹0.69
2018₹574.77₹554.68₹15.89
Groww referal

Company Promoters :

■ Bhavesh Babulal Bhandari

Quick Link :

■ DRHP Draft Prospectus
■ RHP Draft Prospectus

Rite Zone Chemcon IPO Lead Managers :

■ Expert Global Consultants Private Limited

Rite Zone Chemcon IPO Registrar :

Skyline Financial Services Private Limited
D-153A, 1st Floor, Okhla Industrial Area
Phase-I, New Delhi – 110020, India
Telephone: 011-40450193-197
Facsimile: 011-26812683
Email: [email protected]
Investor Grievance Email: [email protected]com
Website: www.skylinerta.com

Note: Check Rite Zone Chemcon IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here

Company Address :

Rite Zone Chemcon Limited
Bathinda Road, Jaitu,
Distt: Faridkot Punjab-151202, India
Tel: +91 01635513604/01635-232671
Email:[email protected]
Website: www.abcotspin.com

Rite Zone Chemcon IPO FAQs :

What is Rite Zone Chemcon IPO?
Rite Zone Chemcon IPO is SME IPO. They are going to raise ₹8.96 Crores via IPO. The issue is priced at ₹75 per equity share. The IPO to be listed on NSE, SME.

When Rite Zone Chemcon IPO will open?
The IPO is to open on 31 October 2022 and closes on 02 November 2022 for QIB, NII & RII.

What is Rite Zone Chemcon IPO Size?
Rite Zone Chemcon IPO size is ₹8.96 Crores.

What is the Fresh issue size of Rite Zone Chemcon IPO?
The Fresh issue size of Rite Zone Chemcon IPO ₹8.96 Cr.

What is the Offer For Sale size of Rite Zone Chemcon IPO?
The Offer For Sale size of Rite Zone Chemcon IPO ₹0 Cr.

What is Rite Zone Chemcon IPO Price Band?
Rite Zone Chemcon IPO Price Band is ₹75 Per share.

What is Rite Zone Chemcon IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹120,000 amount while the maximum bid is 1600 shares with ₹120,000.

What is Rite Zone Chemcon IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.

What is Rite Zone Chemcon IPO Allotment Date?
Rite Zone Chemcon IPO allotment date is 07 November 2022.

What is Rite Zone Chemcon IPO Listing Date?
Rite Zone Chemcon IPO listing date is 11 November 2022. The IPO to list on NSE, SME.

How to Apply the Rite Zone Chemcon IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Rite Zone Chemcon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Rite Zone Chemcon IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Rite Zone Chemcon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Rite Zone Chemcon IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Rite Zone Chemcon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Rite Zone Chemcon IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Rite Zone Chemcon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

Rite Zone Chemcon GMP: Click Here

Rite Zone Chemcon Subscription: Click Here

Rite Zone Chemcon Allotment: Click Here

Rite Zone Chemcon Listing: Click Here

All Rite Zone Chemcon IPO-related links are available here. If you want to know the details then click on Click Here Link.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Rite Zone Chemcon IPO GMP, Dates, Price, & Allotment Details 2022
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