31 Mar 2020
Assets6.67
Total Income5.75
Profit After Tax0.16
NET Worth0.63
Reserves and Surplus0.62
Total Borrowing2.58
At a glance
Updated 2026-09-17The shares listed at ₹82.85, a 10.47% move from the issue price. Rite Zone Chemcon India is a SME IPO with an issue size of ₹8.96 crore, proposed for listing on NSE SME. The offer opens on 31st Oct 2022 and closes on 2nd Nov 2022. The issue structure includes a fresh issue of ₹8.51 crore. The current listing schedule points to 11th Nov 2022.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹8.96 Cr
Fresh issue₹8.51 Cr
Face value₹10
Price band—–—
Allotment7th Nov 2022
Listing11th Nov 2022
Listing performance
Full performance ↗Issue price₹75.00
Listing price₹82.85
Current price—
Listing gain10.47%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹4.00
GMP / upper priceNO DATA
Est. listing₹79.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens31st Oct 2022
Closes2nd Nov 2022
Allotment7th Nov 2022
Refund9th Nov 2022
Demat10th Nov 2022
Listing11th Nov 2022
Subscription demand
Full bidding ↗Total4.73×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital Requirements | ₹6.75 Cr |
| General Corporate Purposes | ₹0.50 Cr |
| Issue Expenses | ₹1.71 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue10.36₹ Cr · +83.0% vs prior year
PAT0.17₹ Cr · -34.6% vs prior year
Assets12.41₹ Cr · +19.4% vs prior year
Net Worth5.20₹ Cr · +3.6% vs prior year
Borrowing0.97₹ Cr · -8.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets6.78
Total Income3.84
Profit After Tax0.01
NET Worth0.63
Reserves and Surplus0.62
Total Borrowing3.29
31 Mar 2022
Assets10.39
Total Income5.66
Profit After Tax0.26
NET Worth5.02
Reserves and Surplus1.99
Total Borrowing1.06
30 Sep 2022
Assets12.41
Total Income10.36
Profit After Tax0.17
NET Worth5.20
Reserves and Surplus2.16
Total Borrowing0.97
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| EBITDA Margin |
Valuation & shareholding
Pre-IPO EPS1.49
Pre-IPO P/E90.36
Promoter holding pre58.39%
Promoter holding post41.89%
Market cap₹31.73 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Rite Zone Chemcon India IPO | — | 90.36 x | — | — |
| Arunaya Organics IPO | — | 21.21 x | — | — |
| Retina Paints IPO | — | 69.77 x | — | — |
| MCON Rasayan IPO | — | 14.71 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Working Capital Requirements | ₹6.75 Cr |
| General Corporate Purposes | ₹0.50 Cr |
| Issue Expenses | ₹1.71 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Expert Global Consultants Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
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