Comparison between Rite Zone Chemcon IPO and Technopack Polymers IPO.
Rite Zone Chemcon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Technopack Polymers IPO is a SME Fixed Price proposed to list at BSE SME.
| Rite Zone Chemcon IPO | Technopack Polymers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | ISK Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Rite Zone Chemcon IPO is up to ₹8.51 Cr whereas the issue size of the Technopack Polymers IPO is up to ₹7.47 Cr. The final issue price of Rite Zone Chemcon IPO is ₹75.00 per share and of Technopack Polymers IPO is ₹55.00 per share.
| Rite Zone Chemcon IPO | Technopack Polymers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹55.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 11,34,400 shares | 13,58,500 shares |
| Fresh Issue Size (Amount) | up to ₹8.51 Cr | up to ₹7.47 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 11,34,400 shares | 13,58,500 shares |
| Issue Size Total (Amount) | up to ₹8.51 Cr | up to ₹7.47 Cr |
Rite Zone Chemcon IPO opens on Oct 31, 2022, while Technopack Polymers IPO opens on Nov 02, 2022. The closing date of Rite Zone Chemcon IPO and Technopack Polymers IPO is Nov 02, 2022, and Nov 07, 2022, respectively.
| Rite Zone Chemcon IPO | Technopack Polymers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 31, 2022 | Nov 02, 2022 |
| Issue Close | Nov 02, 2022 | Nov 07, 2022 |
| Basis Of Allotment (Tentative) | Nov 07, 2022 | Nov 11, 2022 |
| Initiation of Refunds (Tentative) | Nov 09, 2022 | Nov 14, 2022 |
| Credit of Share (Tentative) | Nov 10, 2022 | Nov 15, 2022 |
| Listing date (Tentative) | Nov 11, 2022 | Nov 16, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rite Zone Chemcon IPO P/E ratio is 90.36, as compared to Technopack Polymers IPO P/E ratio of 10.54.
| Rite Zone Chemcon IPO | Technopack Polymers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 58.39 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 90.36 | 10.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31.73 Cr. | ₹29.70 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.49 | ₹6.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.22 | 70.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rite Zone Chemcon IPO Retail Individual Investors (RII) are offered 5,68,000 shares while in Technopack Polymers IPO retail investors are offered 5,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Rite Zone Chemcon IPO and in Technopack Polymers IPO.
| Rite Zone Chemcon IPO | Technopack Polymers IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 60,800 shares | 71,500 shares |
| QIB | ||
| NII | 5,66,400 shares | 6,79,250 shares |
| RII | 5,68,000 shares | 6,79,250 shares |
| Employee | ||
| Others | ||
| Total | 11,34,400 shares | 13,58,500 shares |
Rite Zone Chemcon IPO subscribed 4.73x in total, whereas Technopack Polymers IPO subscribed 19.81x.
| Rite Zone Chemcon IPO | Technopack Polymers IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.36x | 19.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.10x | 19.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.73x | 19.81x |
