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flagRite Zone Chemcon India Ltd

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BSE Code : 535489 | NSE Symbol : RITEZONE | ISIN : INE0MRA01019 | Industry : Chemicals |


Company History

Rite Zone Chemcon India Limited was originally incorporated as 'Rite Zone Chemicals India Private Limited' on March 10, 2015, as a Private Limited company at Mumbai. Subsequently, the name of the Company got changed from 'Rite Zone Chemicals India Private Limited' to 'Rite Zone Chemcon India Private Limited 'on 7 April, 2022. The status converted into a Public Limited and the name of the Company was changed to 'Rite Zone Chemcon India Limited' dated June 2, 2022.

The Company is an ISO 9001:2015 certified, which deal in range of construction chemicals and concrete products. It also deal in range of concrete products such as slump concrete, flowable concrete, self-compaction concrete (SCC), Light Weight Concrete, Stamp Concrete, Color Concrete, PQC Concrete, Early Strength Concrete, Reinforce Concrete, Shotcrete Concrete, Precast Concrete, Pile Concrete, Air Entrench Concrete, Prestressed Concrete, High Strength Concretere etc.

Apart from these, the Company offer complete construction solution by supplying a complete range of various chemical products related to civil construction, infrastructure, building & structure including pre-construction or post construction as well supplying all types of concrete required for construction and infrastructure developments. The construction chemicals are chemical compounds used in construction works, which are used to speed up the process or add more sustainability and strength to the structures. The addition of chemicals to various building materials during the construction work improves performance, workability, adds functionality, and protects the basic or customized elements of a structure.

In 2022, Company took over the business of Bhavesh Babulal Bhandari, Karta of HUF in name and style of 'Maruti Infrachem Solutions'.

The Company came out with an Initial Public Issue of allotting 11,95,200 Equity Shares of Rs 10/-each by raising funds to Rs 8.96 Cr through fresh issue in November, 2022.

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