SMEClosed

Rite Zone Chemcon India Limited IPO Subscription Status

📅Offer Date: 31 Oct 2022 – 02 Nov 2022

Minimum investment
₹1,20,0001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total4.73x
QIB2.36x
NII2.36x
Retail7.10x

Rite Zone Chemcon India Limited IPO was subscribed 4.73x in total when bidding closed on 02 Nov 2022, with 2.36x in the QIB category, 2.36x in NII, 7.10x in retail. The issue ran from 31 Oct 2022 to 02 Nov 2022 at a price band of ₹75.00 per share.

QIB2.36xNII2.36xRetail7.10xTotal4.73x1×

Times subscribed by category against the 1× line.

8
≈ 1 in 8 retail allotment
low allotment chance

Based on retail subscription (7.10x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail5,68,00040,32,8007.10x
Total11,34,40053,65,7124.73x
QIB / NII5,66,40013,36,7042.36x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail4.2630.257.10x
QIB / NII4.2510.032.36x
Total8.5140.274.73x

Values derived from share count × issue price (₹75.00)

What this means for allotment & listing

Because Rite Zone Chemcon India Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Rite Zone Chemcon India Limited IPO subscription FAQs