Pritika Engineering IPO vs Rite Zone Chemcon IPO

Comparison between Pritika Engineering IPO and Rite Zone Chemcon IPO.

IPO Details

Pritika Engineering IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rite Zone Chemcon IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Pritika Engineering IPO is up to ₹8.94 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.51 Cr. The final issue price of Pritika Engineering IPO is ₹29.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.

 Pritika Engineering IPORite Zone Chemcon IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹29.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1600 shares
Fresh Issue Size30,84,000 shares11,34,400 shares
Fresh Issue Size (Amount)up to ₹8.94 Crup to ₹8.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,84,000 shares11,34,400 shares
Issue Size Total (Amount)up to ₹8.94 Crup to ₹8.51 Cr

IPO Timetable

Pritika Engineering IPO opens on Nov 25, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of Pritika Engineering IPO and Rite Zone Chemcon IPO is Nov 30, 2022, and Nov 02, 2022, respectively.

Financials & KPIs

Pritika Engineering IPO P/E ratio is 8.76, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.

 Pritika Engineering IPORite Zone Chemcon IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets81.2271.0755.9441.34
Total Income43.4057.4032.4421.72
Profit After Tax1.865.460.380.14
NET Worth18.3316.5312.625.39
Reserves and Surplus0.000.000.00
Total Borrowing31.6125.0821.9720.23
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets12.4110.396.786.67
Total Income10.365.663.845.75
Profit After Tax0.170.260.010.16
NET Worth5.205.020.630.63
Reserves and Surplus2.161.990.620.62
Total Borrowing0.971.063.292.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10058.39
Promoter Shareholding (Post-Issue)
P/E Ratio8.7690.36
Market Cap₹31.56 Cr.₹31.73 Cr.
ROE26.795.2
ROCE15.8110.7
Debt/Equity1.020.21
EPS₹7.15₹1.49
RoNW33.055.22

Shares Offered

In the Pritika Engineering IPO Retail Individual Investors (RII) are offered 15,42,000 shares while in Rite Zone Chemcon IPO retail investors are offered 15,42,000 shares. Qualified Institutional Buyers (QIB) are offered in Pritika Engineering IPO and in Rite Zone Chemcon IPO.

 Pritika Engineering IPORite Zone Chemcon IPO
Anchor Investor Reservation
Market Maker Reservation1,64,000 shares60,800 shares
QIB
NII15,42,000 shares5,66,400 shares
RII15,42,000 shares5,68,000 shares
Employee
Others
Total30,84,000 shares11,34,400 shares

Bids Received (Subscription)

Pritika Engineering IPO subscribed 158.56x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.

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