IPO

Rossari Biotech Ltd IPO

Mainboard

Chemicals

Listed On: Jul 23, 2020 at ₹ 669.25

₹ 14875 /35 Shares

Price Summary

Last Closing

914.00 (115.06%)

52 Week High

966.00

52 Week Low

656.95

Last Update

20-Sep-2024 3:30 PM

IPO Details

13 Jul, 2020

Open Date

15 Jul, 2020

Close Date

21 Jul, 2020

Allotment Date

23 Jul, 2020

Listing Date

Issue Price

Rs 423 - Rs 425 Per Equity Share

Face Value

Rs 2 Per Equity Share 

Listing at Group

NSE, BSE

Registrar

Link Intime India Private Limited

List Price

669.25

Listing Date

2020-07-23

Market Lot

35 Shares ( Rs 14,875/- )

Lead Manager

Axis Capital Limited and ICICI Securities Limited

Issue Size

Total Equity Shares 1,16,76,470 of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 496.25 Cr
# Fresh Issue of 11,76,470 (approx.) Equity Shares of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 50.0 Cr
# Offer for Sale of 1,05,00,000 Equity Shares of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 446.25 Cr

Retail Portion

N/A

Subscription

64,87,33,645
79.37 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved23,35,29417,51,47140,86,76581,73,530
Day 1 - 13-07-209,63,690 0.41 x1,94,215 0.1137,72,125 0.92 x49,30,030 0.6 x
Day 2 - 14-07-2064,16,655 2.75 x76,01,335 4.341,02,52,760 2.51 x2,42,70,750 2.97 x
Day 3 - 15-07-2019,91,14,615 85.26 x42,00,59,220 239.832,95,59,810 7.23 x64,87,33,645 79.37 x

Valuations

Earnings Per Share (EPS)

Rs 12.52/-

P/E Ratio

33.94

RoNW

31.79%

Net Asset Value (NAV) - As on July 2020

Rs. 56.48

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Rossari Biotech Limited7.5233.9431.79603.82
Aarti Industries Limited5.5630.8131.314195.15
Vinati Organics Limited7.9830.6031.431079.86
Atul Limited4.3921.0421.384171.10
Galaxy Surfactants Limited6.3831.1430.902602.30
Fine Organics Industries Limited9.1634.7035.451058.27

IPO - Ratings

VENTURA SECURITIES LIMITEDSUBSCRIBE
ANAND RATHISUBSCRIBE
ANGEL BROKINGSUBSCRIBE
CHOICE EQUITY BROKING PVT LTDSUBSCRIBE FOR LONG TERM
KOTAK SECURITIES LTDSUBSCRIBE
NARNOLIA FINANCIAL ADVISORS LTDSUBSCRIBE
SMC GLOBAL SECURITIES LTD2 on 5
MEHTA EQUITIES LTDSUBSCRIBE

- Promoter(s)


Company Promoter(s)

  1. Mr. Edward Menezes
  2. Mr. Sunil Chari

IPO - Issue Objectives

  1. Offer for Sale: Company will not receive any proceeds from the Offer for Sale.
  2. Fresh Issue: (a) Repayment/prepayment of certain indebtedness availed by our Company (including accrued interest).
    (b) Funding working capital requirements.
    (c) General corporate purposes.

IPO - FAQs

Ans. Rossari Biotech Ltd IPO is a Mainboard IPO. The issue is priced at Rs 423 - Rs 425 Per Equity Share. The minimum order quantity is 35 Shares. The IPO opens on Jul 13, 2020, and closes on Jul 15, 2020. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.

Ans. The Rossari Biotech Ltd IPO opens on Jul 13, 2020 and closes on Jul 15, 2020.

Ans. The size of Rossari Biotech Ltd IPO is Total Equity Shares 1,16,76,470 of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 496.25 Cr # Fresh Issue of 11,76,470 (approx.) Equity Shares of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 50.0 Cr # Offer for Sale of 1,05,00,000 Equity Shares of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 446.25 Cr.

Ans. The IPO price band is set between Rs 423 - Rs 425 Per Equity Share.

Ans. To apply for Rossari Biotech Ltd IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Rossari Biotech Ltd IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Rossari Biotech Ltd IPO is Jul 21, 2020.

Ans. The Rossari Biotech Ltd IPO will be listed on Jul 23, 2020.

Ans. Follow the steps to check the allotment status for Rossari Biotech Ltd IPO here.