Rite Zone Chemcon India Limited
ListedSMEEmerging SME Services · NSE
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.
Price Band
₹75
Issue Size
₹8.96 Cr
Lot Size
1600 shares
GMP
₹4
+5.3%
Est. Listing
₹79
at current GMP
Subscribed
4.73x
overall
Open
31 Oct 2022
Close
2 Nov 2022
Allotment
9 Nov 2022
Refund
10 Nov 2022
Demat Credit
11 Nov 2022
Listing
11 Nov 2022
Last updated 12 days ago
Overall Subscription
4.73x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 597,333 | — | 0.00x |
| Non-Institutional (NII / HNI) | 179,200 | — | 0.00x |
| Retail Individual (RII) | 418,133 | — | 0.00x |
| Total | 1,194,666 | 0 | 4.73x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 261 | 1,235 | 4.73x |
| HNIs (10L +) | 2 | 9 | 4.50x |
| HNIs (2-10L) | 8 | 38 | 4.75x |
| Total Applications | 271 | 1,282 | 4.73x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Rite Zone Chemcon India Limited Public Issue & Market Profile
Rite Zone Chemcon India Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹8.96 Crores. The shares are offered at a price band of ₹75 to ₹75 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Skyline Financial Services Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-11, while un-allotted funds or UPI block mandates will be released on 2022-11-10.
Frequently Asked Questions
What is Rite Zone Chemcon India Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Rite Zone Chemcon India Limited IPO is ₹4 per equity share. Based on the upper price band of ₹75 to ₹75 per equity share, the estimated listing price is ₹79 (+5.3% expected listing gain).
What is the expected profit per lot for Rite Zone Chemcon India Limited IPO?
With a lot size of 1600 shares and current GMP of ₹4, the expected profit per application lot is approx ₹6,400 (+5.3% gain). Minimum application cost is approx ₹1,20,000.
What is the issue size and price band for Rite Zone Chemcon India Limited IPO?
The Rite Zone Chemcon India Limited IPO aggregate issue size is ₹8.96 Crores with an equity price band set at ₹75 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Rite Zone Chemcon India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.73x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Rite Zone Chemcon India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Ltd) and the BSE status verification website on or around 2022-11-09. Investors can verify status using PAN card or application number.
When is the listing date for Rite Zone Chemcon India Limited IPO?
Rite Zone Chemcon India Limited shares are scheduled to list on NSE on 2022-11-11.