Comparison between Rite Zone Chemcon IPO and Technopack Polymers IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Rite Zone Chemcon IPO P/E ratio is 90.36, as compared to Technopack Polymers IPO P/E ratio of 10.54.
Shares Offered
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 |
|---|
| Market Maker Reservation | 60,800 shares | 71,500 shares |
| NII | 5,66,400 shares | 6,79,250 shares |
| RII | 5,68,000 shares | 6,79,250 shares |
| Total | 11,34,400 shares | 13,58,500 shares |
Bids Received (Subscription)
Rite Zone Chemcon IPO subscribed 4.73x in total, whereas Technopack Polymers IPO subscribed 19.81x.
