Rossari Biotech IPO Review

IPO Status: Closed [13th Jul 2020 to 15th Jul 2020]

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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.

  • Company Incorporated Year: 2009
  • Sector: Chemical Industry
  • Website: www.rossari.com
  • About Rossari Biotech Limited

    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.

    Rossari Biotech IPO Objective

    The objectives of the IPO include the following;

    • To pay-off the company’s debt including interest.
    • To meet the working capital requirement of the business.
    • To meet the general corporate purposes.

    Rossari Biotech IPO Details

    Rossari Biotech IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

    Rossari Biotech IPO Details
    Rossari Biotech Issue Details Values
    IPO Category Mainline
    IPO Issue Type Book Built Issue IPO
    IPO Issue Size 1,16,82,033 Eq Shares of ₹2 (aggregating up to ₹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
    IPO Issue Price ₹423 to ₹ 425 Per Eq Share
    IPO Discount
    Market Lot 35 Shares
    Min Order Qty 35
    Max Retail Qty 455
    Promoter Holding Pre IPO 95.06%
    Promoter Holding Post IPO 75%
    IPO Listing At BSE, NSE
    BSE Code 543213
    NSE Code ROSSARI

    Rossari Biotech IPO Live Subscription (NSE + BSE)

    The table below is live update of IPO bidding details from NSE and BSE.

    • Qualified Institutional Buyers: 2,335,294
    • Non-Institutional Investors: 1,751,471
    • Retail Individual Investor: 4,086,765
    IPO Bidding Live Updates from BSE + NSE
    DayDateQIBNIIRIITotal
      2,335,2941,751,4714,086,7658,173,530
    113th Jul 2020 17:020.41x0.11x0.92x0.60x
    214th Jul 2020 17:022.75x4.34x2.51x2.97x
    315th Jul 2020 17:0285.26x239.83x7.23x79.37x

    Rossari Biotech Financials for past 3 Years

    Past performance and financial results of Rossari Biotech.

    Rossari Biotech financial
    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

    Rossari Biotech IPO Strengths

    • Leading market player in the Indian specialist chemicals market.
    • Huge product portfolio including textile products, home & personal care, animal health & nutrition etc.
    • One of the largest manufacturers of textile chemicals and acrylic polymers.
    • A global presence across more than 17 countries of the world.
    • DSIR Certified research & development division.
    • Use of the latest technologies and new product development formulations.
    • Currently, the growing market demand for specialist chemicals will definitely benefit Rossari Biotech.

    Rossari Biotech IPO Threats/Weaknesses

    • High revenue dependence on demand from the textile industry. Thus, any possible downturn in the respective industry will significantly affect business revenues.
    • Significant revenue concentration from a few institutional customers in TSC and HPPC product categories.
    • The sole manufacturing facility at Silvassa is another key threat to business.
    • Non-compliance with technical standards and regulatory requirements may put the business into risk.
    • The rising cost of raw material may adversely affect its revenues and profit.
    • Operational risks and financial risks.

    Rossari Biotech IPO Important Dates

    In this section we have covered all imporatant dates related to Rossari Biotech IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

    Rossari Biotech IPO important dates
    IPO Activity Date
    IPO Issue Open Date 13th Jul 2020
    IPO Issue Close Date 15th Jul 2020
    Basis of Allotment Finalisation Date* 20th Jul 2020
    Refunds Initiation* 21st Jul 2020
    Credit of Shares to Demat Account* 22nd Jul 2020
    IPO Listing Date* 23rd Jul 2020

    * - Tentative Dates

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    @
      NRI Form ⇒

    Rossari Biotech IPO Draft Prospectus >>Document

    Rossari Biotech IPO Red Herring Prospectus >>Document

    Rossari Biotech IPO Allotment Status >>Link

    Company Address

    Rossari Biotech Ltd
    201 A - B, 2nd Floor, Akruti Corporate Park,
    L.B.S. Marg, next to GE Gardens,
    Kanjurmarg (W),
    Mumbai 400079, India
    Website: https://www.rossari.com/
    Email: [email protected]
    Phone: +91-22-6123 3800

    Registrar

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West),
    Mumbai - 400083
    Phone: +91-22-4918 6270
    Email: [email protected]
    Website: http://www.linkintime.co.in

    Lead Manager

    1. Axis Bank Limited
    2. ICICI Securities Limited
    Rossari Biotech IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Rossari Biotech? Should I apply in Rossari Biotech IPO?

    Last Updated on 2020-07-23T09:52:42+00:00

    Rossari Biotech IPO FAQs

    1. 1. How to subscribe Rossari Biotech IPO with Zerodha?

      Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Rossari Biotech IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Rossari Biotech IPO with Zerodha.

      Alternate approch to apply in Rossari Biotech IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

      Rossari Biotech IPO Review and Important Updates

      Other relevant questions :

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    2. 2. How to apply in Rossari Biotech IPO online?

      Apply in Rossari Biotech IPO online

      To subscribe or apply in Rossari Biotech IPO, you can use the following methods:

      Rossari Biotech IPO Applying ModeMethodDetails
      Online Application3-in-1 Trading Account

      If your broker is 3-in-1 service provider, you can apply in Rossari Biotech IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

      Online Application2-in-1 Trading Account

      Brokers like Zerodha, TradeSmart Online provides access to applying in Rossari Biotech IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

      Online ApplicationASBA

      This is one of the most popular mode of applying in Rossari Biotech IPO. Most of the Syndicate Banks provide access to apply in Rossari Biotech IPO via ASBA process. You must have your net banking access, DP ID information to apply in Rossari Biotech IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

      Offline ApplicationPhysical Form

      You can apply in Rossari Biotech IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

      Rossari Biotech IPO Review and Important Updates

      Other relevant question on same topics are:

      Where to subscribe Rossari Biotech IPO? Where to apply for Rossari Biotech IPO? How to subscribe Rossari Biotech IPO online? Rossari Biotech IPO where to apply? Where to buy Rossari Biotech IPO online? How to buy Rossari Biotech IPO online? How to purchase Rossari Biotech IPO? How to get Rossari Biotech IPO? How to book Rossari Biotech IPO? How to invest Rossari Biotech IPO? Rossari Biotech IPO kaise buy kare?

       

    3. 3. How to download online application form for Rossari Biotech IPO?

      Applying in Rossari Biotech IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Rossari Biotech IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

      For more details on how to use UPI payment method to apply Rossari Biotech IPO, please refer article >> Link

      Rossari Biotech IPO Review and Important Updates

      Steps to download the online application form for Rossari Biotech IPO

      • Step1:Click here.
      • Step2: Click on “Bid-cum Application Form Download
      • Step3: Above Step will open an online form.
      • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
      • Step5: Fill bid details - min 35 Shares and max 455.
      • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
      • Step7: This will fill your application online and give you a pdf file.
      • Step8: Take a print of this document and go to your bank for UPI transactions.
      • Or

      • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

      Other relevant questions:

      How to fill Rossari Biotech IPO form? How to fill Rossari Biotech IPO form online? Rossari Biotech IPO online form? Rossari Biotech IPO online form fill up? Rossari Biotech IPO blank form download? Rossari Biotech IPO bid form? Rossari Biotech IPO full form? Rossari Biotech IPO form nse? Rossari Biotech IPO form bse? Rossari Biotech IPO form online? Rossari Biotech IPO form print? Rossari Biotech IPO application amount?

       

    4. 4. What is the listing date of Rossari Biotech IPO?

      Rossari Biotech IPO is going to be list on 23-07-2020. NSE Code for Rossari Biotech is ROSSARI. BSE Code for Rossari Biotech is 543213.

      Other relevant questions:

      When Rossari Biotech IPO will be listing? Rossari Biotech IPO NSE listing date?Rossari Biotech IPO date of listing.Rossari Biotech IPO BSE listing date?

       

    5. 5. When Rossari Biotech IPO will be allocated?

      Rossari Biotech IPO Allotment Date is 20-07-2020.

      Other relevant questions:

      Rossari Biotech IPO share allotment date?Rossari Biotech IPO allotment date?

       

    6. 6. When Rossari Biotech IPO will open?

      Rossari Biotech IPO Issue Open Date is 13-07-2020.

      Other relevant questions:

      Rossari Biotech IPO start date? When Rossari Biotech IPO Open Date? When to invest in Rossari Biotech IPO?

       

    7. 7. When Rossari Biotech IPO will close?

      Rossari Biotech IPO Issue Close Date is 15-07-2020.

      Other relevant questions:

      Rossari Biotech IPO end date? When Rossari Biotech IPO Close Date? Last Date to invest in Rossari Biotech IPO?

       

    8. 8. What is the price of Rossari Biotech IPO for retail investor?

      Rossari Biotech IPO price for retail investor is ₹423 to ₹ 425 Per Eq Share.

       

    9. 9. What is the lot size of Rossari Biotech IPO for retail investor?

      Rossari Biotech IPO lot size for retail investor is 35(Min) and 455 (Max).

      Other relevant questions:

      Rossari Biotech IPO lot details? Rossari Biotech IPO market lot? Rossari Biotech IPO details lot size?

       

    10. 10. Can I invest in Rossari Biotech IPO via UPI?

      Yes, you can invest in Rossari Biotech IPO via UPI. If applying online, you can use UPI as well as ASBA. If applying through physical form, UPI is mandatory.

       

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User Comments

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8. Vinay Jain  7/23/2020 11:03:46 AM Reply
A bumper listing with 60% gain. Thx Topsharebrokers team.
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7. Pratyush  7/13/2020 11:41:13 AM Reply
Rossaro Biotech IPO - Apply or not please confirm
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7.1. Vinay Jain  7/14/2020 12:11:59 AM
As GMP is around 125, so I am expecting this will open around 500. You can apply for listing gain. You can see the recommendation, Max Research services have given the green signal.
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7.2. GBP Live  7/14/2020 7:31:02 PM
Rossari Biotech IPO GMP as on 14th June 2020
GMP 115
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7.3. Kunal  7/14/2020 7:32:47 PM
Rossari Biotech IPO subscription numbers are good and attractive, now it all depends on NIFTY.
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6. Vinay Jain  7/3/2020 9:10:10 PM Reply
Tentative dates for Rossari Biotech Ltd IPO is 13 to 15 th July.
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6.1. Vinay Jain  7/8/2020 4:36:33 PM
Rossari Biotech IPO GMP
GMP 38 +/- 2
Kostak 245 +/- 25
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6.2. GMP Live  7/10/2020 9:58:50 AM
Rossari Biotech IPO GMP as on 9th June 2020
GMP 140
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6.3. CA Sachin Jain  7/10/2020 8:00:13 PM
Speciality chemicals manufacturer, Rossari Biotech Limited, announced its Initial Public Offering on July 8, 2020. India’s first IPO to launch amidst the pandemic, has raised ₹ 148.87 crore in anchor allotment and has finalized allocation of 35,02,940 shares to 15 institutional investors at ₹425 per share, which is the upper limit of the price band for the IPO. The issue will open on July 13, 2020 and close on July 15, 2020, with a price band of ₹423– ₹425 per Equity Share of face value of ₹2 each.
Rossari Biotech Ltd Anchor Investor Report
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6.4. GMP Live  7/11/2020 10:13:18 AM
Rossari Biotech IPO GMP Rs 125 - 128
Application Rate 650 - 700.
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5. Sanjay  3/11/2020 4:02:48 AM Reply
Rossari Biotech IPO whether to invest or not.
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4. Sanjay sathe  3/11/2020 4:02:48 AM Reply
Rossari Biotech IPO good or bad.
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3. Varun Sanghvi  3/11/2020 4:02:48 AM Reply
Please confirm Rossari Biotech IPO GMP (grey market premium) and kostak.
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2. Vinod Kumar Yadav  3/11/2020 4:02:48 AM Reply
Rossari Biotech IPO expected listing gain.
avatar
1. karim Shaikh  3/11/2020 4:02:48 AM Reply
Rossari Biotech IPO - CRISIL Rating, Apply or not?.

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