AMBO Agritec IPO vs Rite Zone Chemcon IPO

Comparision between AMBO Agritec IPO and Rite Zone Chemcon IPO.

IPO Details

AMBO Agritec IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Rite Zone Chemcon IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	AMBO Agritec IPO	Rite Zone Chemcon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Expert Global Consultants Private Limited
Registrar	Cameo Corporate Services Limited	Skyline Financial Services Private Ltd
Market Maker	Nikunj Stock Brokers Limited
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 AMBO Agritec IPO is up to ₹10.20 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.96 Cr. The final issue price of AMBO Agritec IPO is ₹30.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.

	AMBO Agritec IPO	Rite Zone Chemcon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size	34,00,000 shares	11,95,200 shares
Fresh Issue Size (Amount)	up to ₹10.20 Cr	up to ₹8.96 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	34,00,000 shares	11,95,200 shares
Issue Size Total (Amount)	up to ₹10.20 Cr	up to ₹8.96 Cr

IPO Timetable

AMBO Agritec IPO opens on Nov 21, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of AMBO Agritec IPO and Rite Zone Chemcon IPO is Nov 24, 2022, and Nov 02, 2022, respectively.

	AMBO Agritec IPO	Rite Zone Chemcon IPO
Anchor Bid Date
Issue Open	Nov 21, 2022	Oct 31, 2022
Issue Close	Nov 24, 2022	Nov 02, 2022
Basis Of Allotment (Tentative)	Nov 29, 2022	Nov 07, 2022
Initiation of Refunds (Tentative)	Nov 30, 2022	Nov 09, 2022
Credit of Share (Tentative)	Dec 01, 2022	Nov 10, 2022
Listing date (Tentative)	Dec 02, 2022	Nov 11, 2022
Anchor Lockin End date 1	Dec 29, 2022	Dec 07, 2022
Anchor Lockin End date 2	Feb 27, 2023	Feb 05, 2023

Financials

AMBO Agritec IPO P/E ratio is 14.22, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.

AMBO Agritec IPO

Rite Zone Chemcon IPO

Financial

AMBO Agritec Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2113.76	7428.14	31.99	232.44	57.68	242.56
31-Mar-21	2212.42	4717.31	19.11	251.55	76.79	381.03
31-Mar-22	2553.75	9485.54	119.27	370.82	196.06	406.8
30-Jun-22	2629.73	1621.39	49.58	420.4	245.64	379.01
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)

94.96%

58.39%

Promoter Shareholding (Post-Issue)

60.60%

P/E Ratio

14.22

90.36

Market Cap

₹28.19 Cr.

₹31.73 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the AMBO Agritec IPO retail investors (RII) are offered 16,14,000 shares while in Rite Zone Chemcon IPO retail investors are offered 16,14,000 shares. Qualified institutional buyers (QIB) are offered in AMBO Agritec IPO and in Rite Zone Chemcon IPO.

	AMBO Agritec IPO	Rite Zone Chemcon IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,72,000 shares	60 shares
QIB
NII	16,14,000 shares	5,66,400 shares
RII	16,14,000 shares	5,68,000 shares
Employee
Others
Total	32,28,000 shares	11,34,400 shares

Bids Received (Subscription)

AMBO Agritec IPO subscribed 336.75x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.

	AMBO Agritec IPO	Rite Zone Chemcon IPO
QIB (times)
NII (times)	323.51x	2.36x
Big NII (times)
Small NII (times)
RII (times)	350.00x	7.10x
Employee (times)
Other (times)
Total (times)	336.75x	4.73x

Compare with others

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

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