Phantom Digital Effects IPO vs Rite Zone Chemcon IPO

Comparision between Phantom Digital Effects IPO and Rite Zone Chemcon IPO.

IPO Details

Phantom Digital Effects 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.

	Phantom Digital Effects IPO	Rite Zone Chemcon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt Ltd	Expert Global Consultants Private Limited
Registrar	Purva Sharegistry India Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Ss Corporate Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Phantom Digital Effects IPO is up to ₹29.10 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.96 Cr. The final issue price of Phantom Digital Effects IPO is ₹95.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.

	Phantom Digital Effects IPO	Rite Zone Chemcon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹91.00 per share
Issue Price (Upper)	₹95.00 per share
Issue Price (Final)	₹95.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	26,40,000 shares	11,95,200 shares
Fresh Issue Size (Amount)	up to ₹25.08 Cr	up to ₹8.96 Cr
OFS Issue Size	4,23,600 shares
OFS Issue Size (Amount)	up to ₹4.02 Cr
Issue Size Total	30,63,600 shares	11,95,200 shares
Issue Size Total (Amount)	up to ₹29.10 Cr	up to ₹8.96 Cr

IPO Timetable

Phantom Digital Effects IPO opens on Oct 12, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of Phantom Digital Effects IPO and Rite Zone Chemcon IPO is Oct 14, 2022, and Nov 02, 2022, respectively.

	Phantom Digital Effects IPO	Rite Zone Chemcon IPO
Anchor Bid Date
Issue Open	Oct 12, 2022	Oct 31, 2022
Issue Close	Oct 14, 2022	Nov 02, 2022
Basis Of Allotment (Tentative)	Oct 19, 2022	Nov 07, 2022
Initiation of Refunds (Tentative)	Oct 20, 2022	Nov 09, 2022
Credit of Share (Tentative)	Oct 21, 2022	Nov 10, 2022
Listing date (Tentative)	Oct 21, 2022	Nov 11, 2022
Anchor Lockin End date 1	Nov 18, 2022	Dec 07, 2022
Anchor Lockin End date 2	Jan 17, 2023	Feb 05, 2023

Financials

Phantom Digital Effects IPO P/E ratio is 6.72, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.

Phantom Digital Effects IPO

Rite Zone Chemcon IPO

Financial

Phantom Digital Effects Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	537.4	1326.72	11.3	32.46	26.81	298.69
31-Mar-21	731.95	715.41	7.51	35.32	34.32	385.25
31-Mar-22	1491.08	2236.6	490.21	525.53	524.53	251.81
30-Jun-22	2108.34	1234.88	411.11	936.64	935.64	276.91
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)

87.38%

58.39%

Promoter Shareholding (Post-Issue)

63.92%

P/E Ratio

6.72

90.36

Market Cap

₹110.58 Cr.

₹31.73 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Phantom Digital Effects IPO retail investors (RII) are offered 10,28,400 shares while in Rite Zone Chemcon IPO retail investors are offered 10,28,400 shares. Qualified institutional buyers (QIB) are offered 14,42,400 shares in Phantom Digital Effects IPO and in Rite Zone Chemcon IPO.

	Phantom Digital Effects IPO	Rite Zone Chemcon IPO
Anchor Investor Reserveration	8,65,200 shares
Market Maker Reserveration	1,53,600 shares	60 shares
QIB	14,42,400 shares
NII	4,39,200 shares	5,66,400 shares
RII	10,28,400 shares	5,68,000 shares
Employee
Others
Total	29,10,000 shares	11,34,400 shares

Bids Received (Subscription)

Phantom Digital Effects IPO subscribed 164.22x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.

	Phantom Digital Effects IPO	Rite Zone Chemcon IPO
QIB (times)	14.75x
NII (times)	554.76x	2.36x
Big NII (times)
Small NII (times)
RII (times)	207.08x	7.10x
Employee (times)
Other (times)
Total (times)	164.22x	4.73x

Compare with others

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Swastik Pipe IPO	Vital Chemtech IPO
Trident Lifeline IPO	Phantom Digital Effects IPO
Steelman Telecom IPO	Frog Cellsat IPO

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