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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹8.96 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹8.96 Cr |
| Fresh Issue | ₹8.51 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹75.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | RITEZONE |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Expert Global Consultants Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
Incorporation in 2015, Rite Zone Chemcon India Limited deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building & structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.
The company's products include Concrete Admixture, Water Proofing Systems, Concrete Lubricators, Engineering Grouts, Industrial Flooring, Concrete Repairs, Curing Compound & Mould Release Agents, Surface Treatment, Tiling & Block Products.
Rite Zone Chemcon India Limited outsource the chemical products production to a third-party manufacturer. The company has also tied up with concrete manufacturers in Maharashtra for concrete production.
Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 6.75 |
| 2 | General Corporate Purposes | 0.50 |
| 3 | Issue Expenses | 1.71 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 5.2% |
| ROCE | 10.7% |
| Debt / Equity | 0.21% |
| RoNW | 5.22% |
| PAT Margin | 5.31% |
| EBITDA Margin | 4.78% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 1.49 | |
| P/E (x) | 90.36 | |
| Promoter Holding | 58.39% | |
| Market Cap | ₹31.73 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue relating expenses such as fees to Lead manager Fixed Fee, Registrar to the Issue Legal Advisors, Auditors, Consultants, Paper Advertisements and other expenses incurred/ to be incurred including promotional expenses. | 1.34 |
| 2 | Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.24 |
| 3 | Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees and other expenses | 0.14 |
Last Updated on 13-May-2026 10:31:38
