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IPO Status: Listed [13th Jul 2020 to 15th Jul 2020]
| IPO Issue Opening Date: | 13th Jul 2020 |
| IPO Issue Closing Date: | 15th Jul 2020 |
| IPO Issue Price: | ₹423 to 425 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 50 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹496.49 Cr |
| Offer for Sale: | 10,500,000 Eq Shares of ₹2 (aggregating up to ₹[.] Cr) |
| Fresh Issue: | [.] Eq Shares of ₹2 (aggregating up to ₹50.00 Cr) |
| Face Value: | ₹2 Per Equity Share |
| Promoter Holding Pre IPO: | 95.06% |
| Promoter Holding Post IPO: | 75% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543213 |
| NSE Code: | ROSSARI |
Get important updates regarding Rossari Biotech IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 20th Jul 2020 |
| Refunds Initiation* | 21st Jul 2020 |
| Credit of Shares to Demat* | 22nd Jul 2020 |
| IPO Listing Date* | 23rd Jul 2020 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹423 to 425 |
| Market Lot: | 35 Shares |
| 1 Lot Amount: | ₹14875 |
| Min Small HNI Lots(2-10 Lakh): | 490 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
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Rossari Biotech IPO review covers all the information regarding the company like business, objective, strength, weakness, financials, IPO Price, important dates and much more. The Rossari Biotech IPO opens on 13th July 2020 and close on 15th July 2020.
Incorporated in 2009, Rossari Biotech is one of the leading and well-known specialty chemical manufacturing company in India. The company is primarily engaged in producing specialist chemicals that provide raw material to industries i.e. FMCG, apparel, poultry, and animal feed industries.
It offers customized product offerings to industries as per their requirement. The product portfolio of the business categorized into 3 segments- home care, personal care and performance chemicals (i.e. soaps & detergents, water treatment, ceramics, cement, pulp & paper, etc.), textile specialist chemicals (i.e. cotton, acrylic, wool, silk, nylon, denim, polyester, etc.), and animal health and nutrition products (poultry nutrition, pet care, etc.).
The business has a worldwide presence across more than 17 countries, through which, it serves people all around the world. It has in-house manufacturing facilities located at Silvassa Manufacturing Facility where the factory uses the latest technologies to provide innovative offerings to people and maintain ecological integrity as well. With the continuously growing market demand for specialty chemicals, the business is also looking to commence productions at Dahej, Gujarat soon. The business also has a dedicated DSIR (Department of Scientific and Industrial Research) certified R&D lab, where the team continuously works to keep track of the latest industry trends, new technologies, and new product development methods.
For the best quality of specialists, the company has been rewarded with a number of awards such as Star Performer Award 2019, 100 SME Award 2018, Best Innovator Award 2014. Fine Organic Industries Limited, Vinati Organics, Aarti Industries Limited and Atul Limited are the key competitors of Rossari Biotech Limited. For the half-year ended on 30th September, it has reported $319 million of net profit.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | NULL | ₹496.49 Cr | https://www.rossari.com/ |
The objectives of the IPO include the following;
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 2,335,294 (28.57%) | 1,751,471 (21.43%) | 4,086,765 (50%) | 8,173,530 | |
| 1 | 13th Jul 2020 17:02 | 0.41x | 0.11x | 0.92x | 0.60x |
| 2 | 14th Jul 2020 17:02 | 2.75x | 4.34x | 2.51x | 2.97x |
| 3 | 15th Jul 2020 17:02 | 85.26x | 239.83x | 7.23x | 79.37x |
| Rossari Biotech Ltd IPO Financials | 31-Mar-2020 | 31-Mar-2019 | 31-Mar-2018 |
|---|---|---|---|
| Total Assets | ₹471.52 Cr | ₹249.90 Cr | ₹167.95 Cr |
| Total Revenue | ₹609.82 Cr | ₹517.12 Cr | ₹300.43 Cr |
| Net Profit/Loss | ₹65.03 Cr | ₹45.68 Cr | ₹25.40 Cr |
Last Updated on 23-Jul-2020 09:52:42
