Rite Zone Chemcon India Limited IPO
Rite Zone Chemcon India Limited was a SME IPO in the Specialty Chemicals sector, offered at ₹75–₹75 per share to raise ₹9 crore. It listed on 11 Nov 2022 at ₹83 and closed its first day at ₹87, a listing gain of +15.9% versus the ₹75 issue price. It now trades around ₹18 (-76.1% versus the issue price).
Frequently asked questions
- What were the Rite Zone Chemcon India Limited IPO listing gains?
- Rite Zone Chemcon India Limited listed on 11 Nov 2022 at ₹83, closing its first day at ₹87 — a listing gain of +15.9% versus the ₹75 issue price.
- What was the price band and lot size of the Rite Zone Chemcon India Limited IPO?
- The price band was ₹75–₹75 per share, with a minimum lot of 1,600 shares (₹1,20,000 at the upper band).
- Who were the registrar and lead manager for the Rite Zone Chemcon India Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Expert Global Consultants was the book-running lead manager.