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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.

 AMBO Agritec IPORite Zone Chemcon IPO
LogoAMBO Agritec IPO LogoRite Zone Chemcon IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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.

 AMBO Agritec IPORite Zone Chemcon IPO
Anchor Bid Date
Issue OpenNov 21, 2022Oct 31, 2022
Issue CloseNov 24, 2022Nov 02, 2022
Basis Of Allotment (Tentative)Nov 29, 2022Nov 07, 2022
Initiation of Refunds (Tentative)Nov 30, 2022Nov 09, 2022
Credit of Share (Tentative)Dec 01, 2022Nov 10, 2022
Listing date (Tentative)Dec 02, 2022Nov 11, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

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
AMBO Agritec Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202113.767428.1431.99232.4457.68242.56
31-Mar-212212.424717.3119.11251.5576.79381.03
31-Mar-222553.759485.54119.27370.82196.06406.8
30-Jun-222629.731621.3949.58420.4245.64379.01
Amount in ₹ Lakhs
Rite Zone Chemcon India Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20666.83574.7715.8962.5361.53258.12
31-Mar-21677.87384.210.6963.2662.26329.3
31-Mar-221039.27565.7326.21502.36198.86106.24
30-Sep-221240.921036.3417.48519.85216.3497.36
Amount in ₹ Lakhs
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.
ROE
ROCE
Debt/Equity
EPS
RoNW

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 Reserveration
Market Maker Reserveration1,72,000 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.

 AMBO Agritec IPORite Zone Chemcon IPO
QIB (times)
NII (times)323.51x2.36x
Big NII (times)
Small NII (times)
RII (times)350.00x7.10x
Employee (times)
Other (times)
Total (times)336.75x4.73x