AMBO Agritec IPO vs Rite Zone Chemcon IPO

Comparison between AMBO Agritec IPO and Rite Zone Chemcon IPO.

IPO Details

AMBO Agritec IPO is a SME Fixed Price IPO proposed to list at BSE 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 AMBO Agritec IPO is up to ₹9.68 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.51 Cr. The final issue price of AMBO Agritec IPO is ₹30.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.

 AMBO Agritec IPORite Zone Chemcon IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 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 Size32,28,000 shares11,34,400 shares
Fresh Issue Size (Amount)up to ₹9.68 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 Total32,28,000 shares11,34,400 shares
Issue Size Total (Amount)up to ₹9.68 Crup to ₹8.51 Cr

IPO Timetable

AMBO Agritec IPO opens on Nov 21, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of AMBO Agritec IPO and Rite Zone Chemcon IPO is Nov 24, 2022, and Nov 02, 2022, respectively.

Financials & KPIs

AMBO Agritec IPO P/E ratio is 14.22, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.

 AMBO Agritec IPORite Zone Chemcon IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets26.3025.5422.1221.14
Total Income16.2194.8647.1774.28
Profit After Tax0.501.190.190.32
NET Worth4.203.712.522.32
Reserves and Surplus2.461.960.770.58
Total Borrowing3.794.073.812.43
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)94.9658.39
Promoter Shareholding (Post-Issue)60.60
P/E Ratio14.2290.36
Market Cap₹28.19 Cr.₹31.73 Cr.
ROE36.865.2
ROCE3610.7
Debt/Equity3.180.21
EPS₹3.41₹1.49
RoNW32.165.22

Shares Offered

In the AMBO Agritec IPO Retail Individual Investors (RII) are offered 16,16,000 shares while in Rite Zone Chemcon IPO retail investors are offered 16,16,000 shares. Qualified Institutional Buyers (QIB) are offered in AMBO Agritec IPO and in Rite Zone Chemcon IPO.

 AMBO Agritec IPORite Zone Chemcon IPO
Anchor Investor Reservation
Market Maker Reservation1,72,000 shares60,800 shares
QIB
NII16,12,000 shares5,66,400 shares
RII16,16,000 shares5,68,000 shares
Employee
Others
Total32,28,000 shares11,34,400 shares

Bids Received (Subscription)

AMBO Agritec IPO subscribed 336.75x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.

Compare with others

Compare:

AMBO Agritec IPO Vs Rite Zone Chemcon IPO