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Rite Zone Chemcon India Limited IPO

Rite Zone Chemcon India Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 82.85 (+10.47%)

Following its successful public offering, Rite Zone Chemcon India Limited's made its market debut on 11-11-2022 and is now actively traded on the NSEplatform. The IPO mobilized 11,95,200 Shares in total capital, including 11,95,200 Shares in primary equity infusion.

The offering was structured with a price band of ₹75 to ₹75 and minimum investment lots of 1600 shares. Investor participation during the subscription window from 31-10-2022 to 02-11-2022 demonstrated market confidence in the company's prospects.

The allotment process concluded on 09-11-2022, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Rite Zone IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Rite Zone IPO Key Performance Indicator
Company Financials ( in ₹ Lakhs )

Rite Zone IPO About Company

Incorporated in 2015, Rite Zone Chemcon India Limited specializes in construction chemicals and concrete products, offering comprehensive solutions for civil construction, infrastructure, and building projects. The company's product range includes **Concrete Admixture, Waterproofing Systems, Concrete Lubricators, Engineering Grouts, Industrial Flooring, Concrete Repairs, Curing Compounds & Mould Release Agents, Surface Treatment, and Tiling & Block Products.** Rite Zone Chemcon India Limited outsources the production of its chemical products to third-party manufacturers and has also partnered with concrete manufacturers in Maharashtra for concrete production.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Rite Zone IPO Strength Factors

NA


Rite Zone IPO Risk Factors

NA


Rite Zone IPO Lead Manager(s)

  • Expert Global Consultants Private Limited

Rite Zone IPO Promoter(s)

Mr. Bhavesh Babulal Bhandari

Mrs. Arti Bhavesh Bhandari



Rite Zone IPO Company Details

Rite Zone Chemcon India Limited
Phone:
address:

Rite Zone IPO Registrar

Skyline Financial Services Private Limited
Name:
Phone:

Rite Zone IPO FAQs