Rossari Biotech IPO

ROSSARI BIOTECH LIMITED
Rs 423 to Rs 425
From to

About Company ROSSARI BIOTECH LIMITED permalink

ROSSARI BIOTECH LIMITED was established in 2003 . Currently, it is having head office in Maharashtra. Rossari Biotech works in the sector of Textile specialty chemicals, animal health and nutrition . Rossari Biotech has experience of 80 years .

Its clients include brands such as Lifebuoy, Vim, Comfort, IFB, Bosch, Panasonic and Domex. Apart from India, it has operations in 17 countries including Vietnam,Bangladesh and Mauritius. Company is a pioneering force in the Indian specialty chemicals market and Rossari is considered a well-known brand in this market.

In the six months ended September 30, 2019, generated a revenue of ₹279.76 crore. In the six months ended September 30, 2019 an EBITDA of ₹50.62 crore. The Promoters, Mr. Edward Menezes, and Mr. Sunil Chari commenced the specialty chemicals business in 2003.

  • Email : cs@rossarimail.com
  • Website : http://www.rossari.com
  • Phone : 91-22-6123 3800

Rossari Biotech IPO Details permalink

Rossari Biotech IPO issue open date is 13th July 2020 and close date is 15th July 2020 . The face value for ROSSARI BIOTECH LIMITED IPO is Rs 2 per equity share. The total IPO size is approx Rs 496 crore.

The price band for Rossari Biotech is Rs 423 to Rs 425. The lot size for Rossari Biotech IPO is a minimum of 35 shares to maximum 455 shares. This IPO will be listed on BSE and NSE. Rossari Biotech IPO total equity is 11682033 shares.

Rossari Biotech IPO Date and Price Band permalink

Rossari Biotech IPO Date and Price Band
IPO Open:13th July 2020
IPO Close:15th July 2020
Price Band:Rs 423 to Rs 425
Face Value:Rs 2 per equity share
IPO Size:Rs 496 crore
Listing on:BSE and NSE
Retail Portion:50%
Equity (Issue Size):11682033 Shares

Rossari Biotech IPO Market Lot and Investment Amount permalink

To invest in ROSSARI BIOTECH LIMITED's initial public offering starting from 13th July 2020 you need to invest minimum Rs 14805, however you can also invest up to Rs 193375, considering the upper price of IPO Rs 425 and maximum allottable shares (455 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 35 shares.

Rossari Biotech IPO Market Lot and Investment Amount
Minimum Lot Size:35 shares (1 Lot)
Maximum Lot Size:455 shares (13 lots)
Minimum Investment:Rs 14805
Maximum Investment:Rs 192465

Rossari Biotech IPO Subscription Status permalink

Rossari Biotech IPO was oversubscribed 79.37 times. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 2335294 shares and received bids for 199114615 shares which is 85.2632 times of total meant for QIB category.

ROSSARI BIOTECH LIMITED's IPO was subscribed 60% on the first day. Mutual funds bid for 33248880 shares in ROSSARI BIOTECH LIMITED's initial public offering.

Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 1751471 and bid for 420059220 shares received . Bid from NII for ROSSARI BIOTECH LIMITED's IPO is 239.8322 times of total meant for NII category.

Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 4086765 and bid for 29559810 shares received . Bid from RII for Rossari Biotech's IPO is 7.2331 times of total meant for RII category.

The total number of shares offered were 8173530 and bid for 648733645 shares received .

Rossari Biotech IPO Subscription Status
Qualified Institutional Buyers (QIBs)
Shares Allotted:2335294 shares
Shares Bid Received:199114615 shares
Over Subscription in QIB:85.26 times
Non Institutional Investors (NIIs)
Shares Allotted:1751471 shares
Shares Bid Received:420059220 shares
Over Subscription in NII:239.83 times
Retail Individual Investors (RIIs)
Shares Allotted:4086765 shares
Shares Bid Received:29559810 shares
Over Subscription in RII:7.23 times
Total
Total Shares Allotted:8173530 shares
Total Shares Bid Received:648733645 shares
Over Subscription Total:79.37 times

Rossari Biotech IPO Allotment and Listing permalink

Rossari Biotech IPO got listed on . Rossari Biotech IPO listed with 57.47% Premium on NSE (ROSSARI) at Rs 670 and BSE (543123) at Rs 669.25. The allotment ratio for the Rossari Biotech IPO remains at 301.

Rossari Biotech IPO Allotment and Listing
Listing Date:
Issue Price:Rs 425
BSE Listing Price:Rs 669.25
NSE Listing Price:Rs 670
Return (In Rupees):Rs 244.25
Return (In Percentage):57.47%
Sector :Specialty Chemicals
BSE Group :B
BSE Code:543123
NSE Code:ROSSARI
ISIN :INE02A801020

Rossari Biotech IPO FAQ permalink

Frequently Asked Questions related to the Rossari Biotech IPO

When Rossari Biotech IPO is expected? permalink

Rossari Biotech IPO is not publised yet, it may be available in September 2020

What is Rossari Biotech IPO? permalink

Rossari Biotech initial public offering of 11682033 equity shares of the face value of Rs 2 aggregating up to ₹ 496 Crores. Rossari Biotech IPO issue open date is 13th July 2020 and close date is 15th July 2020 .

When Rossari Biotech IPO will open and close? permalink

Rossari Biotech IPO issue open date is 13th July 2020 and close date is 15th July 2020 .

What is the lot size of Rossari Biotech IPO? permalink

The lot size for Rossari Biotech IPO is 35 shares.

What is the price band of Rossari Biotech IPO? permalink

The price band for Rossari Biotech is Rs 423 to Rs 425.

What is the minimum investment amount for Rossari Biotech IPO? permalink

The minimum investment amount for Rossari Biotech IPO is Rs 14805.

What is the Rossari Biotech IPO investors portion? permalink

For retail investors (RII) 50% is allotted for investment. For NII 21.43% and QIB 28.57% is allotted.

What is the Rossari Biotech IPO listing date? permalink

Rossari Biotech IPO listing date is 23rd July 2020.

How many share bid for Rossari Biotech IPO by mutual funds? permalink

Mutual funds bid for 33248880 shares in ROSSARI BIOTECH LIMITED's IPO.

What is Rossari Biotech IPO subscription on the first day? permalink

Rossari Biotech IPO subscribed 60 % on the first day.

What is Rossari Biotech IPO subscription? permalink

Rossari Biotech IPO was oversubscribed 79.37 times.

What is Rossari Biotech IPO listing date? permalink

Rossari Biotech IPO listing date is 23rd July 2020.

What is Rossari Biotech IPO listing price? permalink

Rossari Biotech IPO listing price is 669.25.

What is Rossari Biotech IPO return? permalink

Rossari Biotech IPO listing price is 669.25 and issue price was Rs 425. Return from Rossari Biotech IPO is Rs 244.25 per equity share which is 57.47% .

What is BSE code for Rossari Biotech? permalink

Rossari Biotech BSE code is 543123.