
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:
- Axis Capital Limited
- ICICI Securities Limited
Financials of Rossari Biotech Limited IPO:
( Figures in lakhs )
Year | Revenue | EBITDA | OPM | PAT | NPM | Shares | EPS |
---|---|---|---|---|---|---|---|
2016 | 17,851.63 | 1,273.49 | 7% | 341.77 | 2% | 44 | 7.77 |
2017 | 23,439.84 | 2,524.43 | 11% | 1,571.80 | 7% | 44 | 35.72 |
2018 | 29,273.04 | 4,551.97 | 16% | 2,892.41 | 10% | 44 | 65.74 |
2019 | 51,715.49 | 7,990.62 | 15% | 4,546.13 | 9% | 44 | 103.32 |
2020 | 60,380.00 | 10,860.00 | 18% | 6,520.00 | 11% | 505.255 | 12.90 |
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 On | Jul 13, 2020 |
Bid/Offer Closes On | Jul 15, 2020 |
Finalisation of Basis of Allotment | Jul 20, 2020 |
Initiation of Refunds | Jul 21, 2020 |
Credit of Shares to Demat Acct | Jul 22, 2020 |
IPO Shares Listing Date | Jul 23, 2020 |
Rossari Biotech IPO Latest Grey Market Premium (GMP)
Date | Offer Price | Grey Market Premium | Kostak Rates |
---|---|---|---|
21.07.2020 | Rs. 425 | Rs. 160-165 | Rs. 1000 |
20.07.2020 | Rs. 425 | Rs. 160-165 | Rs. 1000 |
19.07.2020 | Rs. 425 | Rs. 155-160 | Rs. 800 |
18.07.2020 | Rs. 425 | Rs. 155-160 | Rs. 800 |
17.07.2020 | Rs. 425 | Rs. 155-160 | Rs. 800 |
16.07.2020 | Rs. 425 | Rs. 145-150 | Rs. 800 |
15.07.2020 | Rs. 425 | Rs. 125-130 | Rs. 500 |
14.07.2020 | Rs. 425 | Rs. 125-130 | Rs. 500 |
13.07.2020 | Rs. 425 | Rs. 145-150 | Rs. 500 |
10.07.2020 | Rs. 425 | Rs. 125-300 | Rs. 400 |
09.07.2020 | Rs. 425 | Rs. 125-300 | Rs. 400 |
08.07.2020 | Rs. 425 | Rs. 95-100 | Rs. 400 |
07.07.2020 | Rs. 425 | Rs. 35-40 | Rs. 250 |
06.07.2020 | Rs. 425 | Rs. 35-40 | Rs. 250 |
IPO Subscription details of Rossari Biotech Ltd
Subscription (Category Wise) | Shares Offered | Day 1 | Day 2 | Day 3 |
QIB | 2,335,294 | 0.41x | 2.75x | 85.26x |
NII | 1,751,471 | 0.11x | 4.34x | 239.83x |
Retail | 4,086,765 | 0.92x | 2.51x | 7.23 |
Total | 8,173,530 | 0.60x | 2.97x | 79.37x |
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
Website: https://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
Website: http://www.linkintime.co.in
Also Read: Upcoming IPO list 2020