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Rossari Biotech Limited IPO Price, Allotment, Listing, Subscription, GMP

Rossari Biotech Limited IPO
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About Rossari Biotech Limited

Rossari Biotech Limited IPO: The company was founded in 2003 as a partnership firm as a specialty chemical industry. It was further renamed to Rossari Biotech Limited and converted into a company in 2009. Rossari Biotech is one of the leading specialty chemical manufacturing companies in India based on sales for Fiscal 2019. Since their inception, they have focused on providing customized solutions to our customers in a cost and time-efficient manner.

They believe their success is the result of sustained efforts over the decades in all areas of their business, such as product innovation, process improvements for our customers’ production cycle, agile customized solutions. Their sustainable eco-friendly portfolio of products and increased scale of operations.

They provide customized solutions to specific industrial and production requirements of its customers primarily in the FMCG, apparel, poultry, and Animal feed industries. The business is organized into three main product categories:

  • Home, Personal care, and Performance chemicals.
  • Textile specialty chemicals.
  • Animal health and nutrition products

Countries of Operation

It operates operation in India as well as in 17 foreign countries including Vietnam, Bangladesh, and Mauritius.

Revenue contribution from different business:

  • Home, Personal care, and Performance chemicals = 37.81%
  • Textile specialty chemicals = 52.18%
  • Animal health and nutrition products = 10%

Lead Manager of Rossari Biotech Limited IPO:

  1. Axis Capital Limited
  2. ICICI Securities Limited

Financials of Rossari Biotech Limited IPO:

( Figures in lakhs )

YearRevenueEBITDAOPMPATNPMSharesEPS
201617,851.631,273.497%341.772%447.77
201723,439.842,524.4311%1,571.807%4435.72
201829,273.044,551.9716%2,892.4110%4465.74
201951,715.497,990.6215%4,546.139%44103.32
202060,380.0010,860.0018%6,520.0011%505.25512.90

Rossari Biotech Limited IPO Details

Open Date:Jul 13 2020
Close Date:Jul 15 2020
Total Shares:11,682,033
Face Value:₹ 10 Per Equity Share
Issue Type:Book Building
Issue Size:496 Cr.
Lot Size:35 Shares
Issue Price:₹ 423-425 Per Equity Share
Listing At:NSE,BSE
Listing Date:Jul 23 2020

Tentative Date / Timetable of Rossari Biotech Ltd. IPO

Bid/Offer Opens OnJul 13, 2020
Bid/Offer Closes OnJul 15, 2020
Finalisation of Basis of AllotmentJul 20, 2020
Initiation of RefundsJul 21, 2020
Credit of Shares to Demat AcctJul 22, 2020
IPO Shares Listing DateJul 23, 2020

Rossari Biotech IPO Latest Grey Market Premium (GMP)

DateOffer PriceGrey Market PremiumKostak Rates
21.07.2020Rs. 425Rs. 160-165Rs. 1000
20.07.2020Rs. 425Rs. 160-165Rs. 1000
19.07.2020Rs. 425Rs. 155-160Rs. 800
18.07.2020Rs. 425Rs. 155-160Rs. 800
17.07.2020Rs. 425Rs. 155-160Rs. 800
16.07.2020Rs. 425Rs. 145-150Rs. 800
15.07.2020Rs. 425Rs. 125-130Rs. 500
14.07.2020Rs. 425Rs. 125-130Rs. 500
13.07.2020Rs. 425Rs. 145-150Rs. 500
10.07.2020Rs. 425Rs. 125-300Rs. 400
09.07.2020Rs. 425Rs. 125-300Rs. 400
08.07.2020Rs. 425Rs. 95-100Rs. 400
07.07.2020Rs. 425Rs. 35-40Rs. 250
06.07.2020Rs. 425Rs. 35-40Rs. 250

IPO Subscription details of Rossari Biotech Ltd

Subscription (Category Wise)Shares OfferedDay 1Day 2Day 3
QIB2,335,2940.41x2.75x85.26x
NII1,751,4710.11x4.34x239.83x
Retail4,086,7650.92x2.51x7.23
Total8,173,5300.60x2.97x79.37x

IPO Allotment Status of Rossari Biotech Limited

Rossari Biotech Limited IPO Allotment Status can be checked here by clicking to find the IPO Allotment Status. Allotment of Equity Shares as per the Fresh Issue and move of the Offered Shares of the Promoter Selling Shareholders compliant with the Offer available to be purchased to the effective Bidders.


Company Contact Information

Rossari Biotech Ltd
201 A – B, 2nd Floor, Akruti Corporate Park,
L.B.S. Marg, next to GE Gardens,
Kanjurmarg (W), Mumbai 400 079, India. Phone: +91-22-6123 3800
Email: info@rossarimail.com
Websitehttps://www.rossari.com/

Rossari Biotech IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083. Phone: +91-22-4918 6270
Email: rossaribio.ipo@linkintime.co.in
Websitehttp://www.linkintime.co.in

Also Read: Upcoming IPO list 2020

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