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Amiable Logistics IPO vs Rite Zone Chemcon IPO

Comparison between Amiable Logistics IPO and Rite Zone Chemcon IPO.

IPO Details

Amiable Logistics 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.

 Amiable Logistics IPORite Zone Chemcon IPO
LogoAmiable Logistics IPO LogoRite Zone Chemcon IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerShreni Shares 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 Amiable Logistics IPO is up to ₹4.15 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.51 Cr. The final issue price of Amiable Logistics IPO is ₹81.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.

 Amiable Logistics IPORite Zone Chemcon IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹81.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size5,12,000 shares11,34,400 shares
Fresh Issue Size (Amount)up to ₹4.15 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 Total5,12,000 shares11,34,400 shares
Issue Size Total (Amount)up to ₹4.15 Crup to ₹8.51 Cr

IPO Timetable

Amiable Logistics IPO opens on Nov 02, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of Amiable Logistics IPO and Rite Zone Chemcon IPO is Nov 07, 2022, and Nov 02, 2022, respectively.

 Amiable Logistics IPORite Zone Chemcon IPO
Anchor Bid Date
Issue OpenNov 02, 2022Oct 31, 2022
Issue CloseNov 07, 2022Nov 02, 2022
Basis Of Allotment (Tentative)Nov 11, 2022Nov 07, 2022
Initiation of Refunds (Tentative)Nov 14, 2022Nov 09, 2022
Credit of Share (Tentative)Nov 15, 2022Nov 10, 2022
Listing date (Tentative)Nov 16, 2022Nov 11, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Amiable Logistics IPO P/E ratio is 10.9, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.

 Amiable Logistics IPORite Zone Chemcon IPO
Financials
Amiable Logistics (India) Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20464.111613.2821.4392.2272.0799.47
31-Mar-21317.481403.5329.67127.16107.0165.77
31-Mar-22368.211725.9248.38175.5454.644.54
30-Sep-22657.011364.0865.08240.62119.7261.42
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)100.0058.39
Promoter Shareholding (Post-Issue)69.16
P/E Ratio10.990.36
Market Cap₹14.16 Cr.₹31.73 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Amiable Logistics IPO Retail Individual Investors (RII) are offered 2,56,000 shares while in Rite Zone Chemcon IPO retail investors are offered 2,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Amiable Logistics IPO and in Rite Zone Chemcon IPO.

 Amiable Logistics IPORite Zone Chemcon IPO
Anchor Investor Reserveration
Market Maker Reserveration27,200 shares60,800 shares
QIB
NII2,56,000 shares5,66,400 shares
RII2,56,000 shares5,68,000 shares
Employee
Others
Total5,12,000 shares11,34,400 shares

Bids Received (Subscription)

Amiable Logistics IPO subscribed 234.00x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.

 Amiable Logistics IPORite Zone Chemcon IPO
QIB (times)
NII (times)186.02x2.36x
Big NII (times)
Small NII (times)
RII (times)281.98x7.10x
Employee (times)
Other (times)
Total (times)234.00x4.73x