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Rossari Biotech Ltd.

Rossari Biotech Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹425
₹425
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹425
Based on GMP
Min. Investment
₹14,875
1 lot × 35 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
13 Jul 2020
Close Date
15 Jul 2020
Allotment
20 Jul 2020
Listing Date
16 Jul 2020
Exchange
NSE & BSE
Price Band
₹425
Listing Price
See chart
Allotment Status
Price Band
₹425
Per share
Face Value
₹2 per share
 
Lot Size
35 Shares
per lot
Issue Size
1,16,76,470 shares (aggregating up to ₹496.25 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,875
1 lot
Pre-IPO Holding
5,07,52,920 shares
Promoters
Post-IPO Holding
5,19,29,390 shares
Promoters
P/E (Pre)
33.81x
 
UPI Deadline
2020-07-15
Mandate
Anchor AllotmentFri, 10 Jul 2020
Basis of AllotmentMon, 20 Jul 2020
Refund InitiationTue, 21 Jul 2020
Demat CreditWed, 22 Jul 2020
Listing DayThu, 16 Jul 2020
UPI Mandate Deadline2020-07-15
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares11,76,470 shares (aggregating up to ₹50.00 Cr)
Offer for Sale1,05,00,000 shares of ₹2 (aggregating up to ₹446.25 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rossari Biotech Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Jul 2020.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
11,676,470
100% ₹496.25
IPO Shares Offered
Rossari Biotech Ltd. IPO total issue size: ₹496.25 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 11,676,470 ₹496.25
100.00%
* Based on upper price band ₹425 per share
Lot Size & Investment
Lot Size
35
Shares per Lot
Issue Price
₹425.00
Upper Band
Min Investment
₹14,875
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)270₹29,750
Retail (Max — 13 Lots)13455₹193,375
S-HNI (Min — 14 Lots)14490₹208,250
B-HNI (Min — 68 Lots)682,380₹1,011,500
* Issue Price ₹425 × Lot Size 35 shares
IPO Schedule
Anchor
10 Jul 2020
✓ Done
IPO Open
13 Jul 2020
✓ Done
IPO Close
15 Jul 2020
✓ Done
Allotment
20 Jul 2020
✓ Done
Refunds
21 Jul 2020
✓ Done
Demat Credit
22 Jul 2020
✓ Done
Listing Day
16 Jul 2020
✓ Done
Rossari Biotech Ltd. — Live Price LIVE
₹425.00
INR · BSE
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Issue ₹425.00 Live Price
About Rossari Biotech Ltd.
Incorporated in 2009, Rossari Biotech Ltd is a manufacturer of textiles specialty chemicals. It provides customized solutions to the apparel, animal & poultry feed, and FMCG industries by offering a diversified product portfolio. Rossari Biotech operates in 18 countries including India, Bangladesh, Vietnam, and Mauritius.As per the F&S Report published on 30th Sept 2019, it is the largest textile specialty chemical manufacturer in India. The business of the company can be classified into three main categories which are textile specialty chemicals; animal health & nutrition products; and home, personal care & performance chemicals. The company has 1,948 different products range under these three categories.Most of the products of the company are manufactured in-house. It has a manufacturing unit located at Silvassa, Dadra & Nagar Haveli with an installed capacity of 100,000 MTPA. The company is also setting up a manufacturing unit at Dahej in Gujarat with an installed capacity of 132,500 MTPA. Rossari Biotech also has two R&D facilities in Silvassa and Mumbai locations to focus on new product development, formulations, and cost competitiveness. It has more than 194 distributors across India and 27 distributors spread in other 17 countries.Competitive Strengths1. Diversified product portfolio2. Well-known textile specialty chemical manufacturer in India3. In-house manufacturing unit4. Strong R&D facility5. Pan-India distribution network
Objects of the Issue
1
1 Repayment/prepayment of certain indebtedness availed by our Company (including accrued interest)
2
2 Funding working capital requirements
3
3 General corporate purposes
Rossari Biotech Ltd. Financials (Amount in Crore)
Revenue from Operations
₹300.4
31-Mar-18
₹517.1
31-Mar-19
₹603.8
31-Mar-20
Profit After Tax (PAT)
₹25.4
31-Mar-18
₹45.7
31-Mar-19
₹65.3
31-Mar-20
Particulars31-Mar-2031-Mar-1931-Mar-18
Revenue from Operations 603.82 517.12 300.43
EBITDA N/A N/A N/A
Profit After Tax (PAT) 65.25 45.68 25.40
Net Worth N/A N/A N/A
Total Assets 471.52 248.95 164.95
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,16,76,470 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding5,07,52,920 shares
Post-Issue Promoter Holding5,19,29,390 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
ICICI Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rossari Biotech Ltd. IPO subscribed?

Rossari Biotech Ltd. IPO is subscribed 1.00 times by Jul 15, 2020. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rossari Biotech Ltd. IPO retail subscription status?

The Rossari Biotech Ltd. IPO retail category is subscribed 1.00 times as of 15 Jul 2020. The retail portion is oversubscribed.

How to subscribe Rossari Biotech Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 13 Jul 2020 and closes 15 Jul 2020. Min investment: ₹14,875 (1 lot = 35 shares). UPI mandate: 2020-07-15.

How many times Rossari Biotech Ltd. IPO subscribed?

The Rossari Biotech Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rossari Biotech Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 20 Jul 2020. Refunds: on 21 Jul 2020.

When Rossari Biotech Ltd. IPO will be listed?

The Rossari Biotech Ltd. IPO listing date is 16 Jul 2020, Thursday. Listed on: NSE & BSE. Issue price: ₹425. Estimated listing: ₹425. GMP: NIL.

When Rossari Biotech Ltd. IPO close?

The Rossari Biotech Ltd. IPO closes on 15 Jul 2020, Wednesday. UPI mandate: 2020-07-15. Allotment: 20 Jul 2020. Listing: 16 Jul 2020.