Pritika Engineering Components IPO vs Rite Zone Chemcon IPO

Comparision between Pritika Engineering Components IPO and Rite Zone Chemcon IPO.

IPO Details

Pritika Engineering Components IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Rite Zone Chemcon IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Pritika Engineering Components IPO	Rite Zone Chemcon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Expert Global Consultants Private Limited
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Smc Global Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pritika Engineering Components IPO is up to ₹9.42 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.96 Cr. The final issue price of Pritika Engineering Components IPO is ₹29.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.

	Pritika Engineering Components IPO	Rite Zone Chemcon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹29.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size	32,48,000 shares	11,95,200 shares
Fresh Issue Size (Amount)	up to ₹9.42 Cr	up to ₹8.96 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,48,000 shares	11,95,200 shares
Issue Size Total (Amount)	up to ₹9.42 Cr	up to ₹8.96 Cr

IPO Timetable

Pritika Engineering Components IPO opens on Nov 25, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of Pritika Engineering Components IPO and Rite Zone Chemcon IPO is Nov 30, 2022, and Nov 02, 2022, respectively.

	Pritika Engineering Components IPO	Rite Zone Chemcon IPO
Anchor Bid Date
Issue Open	Nov 25, 2022	Oct 31, 2022
Issue Close	Nov 30, 2022	Nov 02, 2022
Basis Of Allotment (Tentative)	Dec 05, 2022	Nov 07, 2022
Initiation of Refunds (Tentative)	Dec 06, 2022	Nov 09, 2022
Credit of Share (Tentative)	Dec 07, 2022	Nov 10, 2022
Listing date (Tentative)	Dec 08, 2022	Nov 11, 2022
Anchor Lockin End date 1	Jan 04, 2023	Dec 07, 2022
Anchor Lockin End date 2	Mar 05, 2023	Feb 05, 2023

Financials

Pritika Engineering Components IPO P/E ratio is 8.76, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.

Pritika Engineering Components IPO

Rite Zone Chemcon IPO

Financial

Pritika Engineering Components Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	4134.38	2172.4	13.75	538.8	2023
31-Mar-21	5594.29	3244.36	38.18	1262.13	2196.71
31-Mar-22	7107.36	5739.58	546.17	1652.62	2507.67
30-Sep-22	8121.82	4340.24	185.53	1832.88	3161.13
Amount in ₹ Lakhs

Rite Zone Chemcon India Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	666.83	574.77	15.89	62.53	61.53	258.12
31-Mar-21	677.87	384.21	0.69	63.26	62.26	329.3
31-Mar-22	1039.27	565.73	26.21	502.36	198.86	106.24
30-Sep-22	1240.92	1036.34	17.48	519.85	216.34	97.36
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

58.39%

Promoter Shareholding (Post-Issue)

P/E Ratio

8.76

90.36

Market Cap

₹31.56 Cr.

₹31.73 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Pritika Engineering Components IPO retail investors (RII) are offered 15,42,000 shares while in Rite Zone Chemcon IPO retail investors are offered 15,42,000 shares. Qualified institutional buyers (QIB) are offered in Pritika Engineering Components IPO and in Rite Zone Chemcon IPO.

	Pritika Engineering Components IPO	Rite Zone Chemcon IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,64,000 shares	60 shares
QIB
NII	15,42,000 shares	5,66,400 shares
RII	15,42,000 shares	5,68,000 shares
Employee
Others
Total	30,84,000 shares	11,34,400 shares

Bids Received (Subscription)

Pritika Engineering Components IPO subscribed 158.56x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.

	Pritika Engineering Components IPO	Rite Zone Chemcon IPO
QIB (times)
NII (times)	144.47x	2.36x
Big NII (times)
Small NII (times)
RII (times)	172.65x	7.10x
Employee (times)
Other (times)
Total (times)	158.56x	4.73x

Compare with others

Pritika Engineering Components IPO	Rite Zone Chemcon IPO
PNGS Gargi Fashion Jewellery IPO	Baheti Recycling Industries IPO
Droneacharya Aerial Innovations IPO	Pritika Engineering Components IPO
All E Technologies IPO	AMBO Agritec IPO
Arham Technologies IPO	Amiable Logistics IPO
Baheti Recycling Industries IPO	DAPS Advertising IPO
AMBO Agritec IPO	Integrated Personnel Services IPO
Amiable Logistics IPO	Technopack Polymers IPO
DAPS Advertising IPO	Vital Chemtech IPO
Rite Zone Chemcon IPO	Phantom Digital Effects IPO
Integrated Personnel Services IPO	Frog Cellsat IPO

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