JKB Financial Services Ltd.

Rite Zone Chemcon India Ltd
Registered Office: Row House 11 Beverly Park, Row House CHS Ltd Mira Road, Thane - 401107, Maharashtra
Phone: 91-22-68849680
Email: cs@ritezone.in
Website: www.ritezone.in
Initial public issue of upto 11,95,200 equity shares of face value of Rs. 10 each of Rite Zone Chemcon India Limited (the Company or the Issuer) for cash at a price of Rs. 75 per equity share (the Issue Price) aggregating to Rs. 8.96 crores (The Issue), of which up to 60,800 equity shares of aggregating to Rs. 0.46 will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 11,34,400 equity shares of face value of Rs. 10 each at a price of Rs. 75 per equity share aggregating to Rs. 8.51 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.25% and 26.82% respectively of the post issue paid up equity share capital of the company. The issue price of Rs. 75 is 7.5 times of the face value.

Rite Zone Chemcon India Ltd

Registered Office: Row House 11 Beverly Park, Row House CHS Ltd Mira Road, Thane - 401107, Maharashtra

Phone: 91-22-68849680

Initial public issue of upto 11,95,200 equity shares of face value of Rs. 10 each of Rite Zone Chemcon India Limited (the Company or the Issuer) for cash at a price of Rs. 75 per equity share (the Issue Price) aggregating to Rs. 8.96 crores (The Issue), of which up to 60,800 equity shares of aggregating to Rs. 0.46 will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 11,34,400 equity shares of face value of Rs. 10 each at a price of Rs. 75 per equity share aggregating to Rs. 8.51 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.25% and 26.82% respectively of the post issue paid up equity share capital of the company. The issue price of Rs. 75 is 7.5 times of the face value.

Issue	Money Payable On
31-Oct-2022	02-Nov-2022	₹ 75.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

31-Oct-2022

02-Nov-2022

₹ 75.00

₹ 0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Project Cost	7.25	Expert Global Consultants Pvt Ltd
Project Financed through Current Offer	8.96
Post Issue Equity Share Capital	4.23
Issue Price	₹75.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

(₹)Cr.

Lead Managers to the Issue

Project Cost

7.25

Expert Global Consultants Pvt Ltd

Project Financed through Current Offer

8.96

Post Issue Equity Share Capital

4.23

Issue Price

₹75.00

Projects
Working capital requirements
General corporate purposes

Projects

Working capital requirements

General corporate purposes

Promoted By
Bhavesh Babulal Bhandari
Arti Bhavesh Bhandari

Promoted By

Bhavesh Babulal Bhandari

Arti Bhavesh Bhandari

Listing At
NSE - SME

Listing At

NSE - SME

Registrar to the Issue
Skyline Financial Services Pvt

Registrar to the Issue

Skyline Financial Services Pvt

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