Integrated Personnel Services IPO vs Rite Zone Chemcon IPO

Comparision between Integrated Personnel Services IPO and Rite Zone Chemcon IPO.

IPO Details

Integrated Personnel Services 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.

	Integrated Personnel Services 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	Unistone Capital Pvt Ltd	Expert Global Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker
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 Integrated Personnel Services IPO is up to ₹12.74 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.96 Cr. The final issue price of Integrated Personnel Services IPO is ₹59.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.

	Integrated Personnel Services IPO	Rite Zone Chemcon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹59.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	21,60,000 shares	11,95,200 shares
Fresh Issue Size (Amount)	up to ₹12.74 Cr	up to ₹8.96 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,60,000 shares	11,95,200 shares
Issue Size Total (Amount)	up to ₹12.74 Cr	up to ₹8.96 Cr

IPO Timetable

Integrated Personnel Services IPO opens on Oct 31, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of Integrated Personnel Services IPO and Rite Zone Chemcon IPO is Nov 02, 2022, and Nov 02, 2022, respectively.

	Integrated Personnel Services IPO	Rite Zone Chemcon IPO
Anchor Bid Date
Issue Open	Oct 31, 2022	Oct 31, 2022
Issue Close	Nov 02, 2022	Nov 02, 2022
Basis Of Allotment (Tentative)	Nov 07, 2022	Nov 07, 2022
Initiation of Refunds (Tentative)	Nov 09, 2022	Nov 09, 2022
Credit of Share (Tentative)	Nov 10, 2022	Nov 10, 2022
Listing date (Tentative)	Nov 11, 2022	Nov 11, 2022
Anchor Lockin End date 1	Dec 07, 2022	Dec 07, 2022
Anchor Lockin End date 2	Feb 05, 2023	Feb 05, 2023

Financials

Integrated Personnel Services IPO P/E ratio is 12.77, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.

Integrated Personnel Services IPO

Rite Zone Chemcon IPO

Financial

Integrated Personnel Services Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	4546.67	16929.97	311.08	1125.7	621.05	2387.17
31-Mar-21	4670.41	13864.1	190.7	1316.4	811.75	2487.07
31-Mar-22	5303.34	16992.09	400.86	1717.27	1212.61	2845.18
30-Jun-22	5541.14	4513.53	83.16	1800.43	1295.78	3172.63
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)

98.61%

58.39%

Promoter Shareholding (Post-Issue)

69.05%

P/E Ratio

12.77

90.36

Market Cap

₹42.52 Cr.

₹31.73 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Integrated Personnel Services IPO retail investors (RII) are offered 10,26,000 shares while in Rite Zone Chemcon IPO retail investors are offered 10,26,000 shares. Qualified institutional buyers (QIB) are offered in Integrated Personnel Services IPO and in Rite Zone Chemcon IPO.

	Integrated Personnel Services IPO	Rite Zone Chemcon IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,10,000 shares	60 shares
QIB
NII	10,24,000 shares	5,66,400 shares
RII	10,26,000 shares	5,68,000 shares
Employee
Others
Total	20,50,000 shares	11,34,400 shares

Bids Received (Subscription)

Integrated Personnel Services IPO subscribed 19.58x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.

	Integrated Personnel Services IPO	Rite Zone Chemcon IPO
QIB (times)
NII (times)	14.67x	2.36x
Big NII (times)
Small NII (times)
RII (times)	24.49x	7.10x
Employee (times)
Other (times)
Total (times)	19.58x	4.73x

Compare with others

Integrated Personnel Services IPO	Rite Zone Chemcon IPO
Pritika Engineering Components IPO	Baheti Recycling Industries IPO
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Amiable Logistics IPO	AMBO Agritec IPO
DAPS Advertising IPO	Amiable Logistics IPO
Rite Zone Chemcon IPO	DAPS Advertising IPO
Technopack Polymers IPO	Integrated Personnel Services IPO
Vital Chemtech IPO	Technopack Polymers IPO
Phantom Digital Effects IPO	Vital Chemtech IPO
Frog Cellsat IPO	Phantom Digital Effects IPO
Pace E-Commerce Ventures IPO	Frog Cellsat IPO

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