Monday, July 06, 2020

Rossari Biotech IPO Date, Review, Price Band, Form, Allotment & Market Lot


Rossari Biotech was incorporated in 2009 based in Mumbai. The company is a manufacturer of products like textiles specialty chemicals. It provides customized solutions to the apparel, animal & poultry feed. They are dealing with FMCG products with a good product portfolio. They mainly doing their business in 3 categories like (1) textile specialty chemicals, (2) animal health & nutrition products, and (3) home, personal care & performance chemicals. They have around 1900+ product range. They are setting up their own manufacturing plant in Dahej, Gujarat. They have more than 190 distributors across India and 27 distributors in 17 countries abroad. They have some big client names like HUL and IFB. Checkout Rossari Biotech IPO dates, price band, and market lot details.

Brokerage Firms are positive about the Rossari Biotech IPO.  We can expect a good 20-30% return on the list as per the grey market premium. Let's see how it will test the market at this level.


Rossari Biotech IPO Review:

  • Apply for Short Term and Long Term

Rossari Biotech IPO Review by Brokerage Firms:

  • Anand Rathi: Subscribe
  • Angel Broking: Subscribe
  • Arihant Capital Markets Limited: Subscribe
  • Chittorgarh: Subscribe
  • Choice Equity Broking Pvt Ltd: Subscribe for Long Term
  • Kotak Securities: Subscribe
  • Mehta Equities: Subscribe
  • Narnolia Financial Advisors Ltd (NFAL): Subscribe
  • Ventura Securities Limited: Subscribe

Rossari Biotech IPO Dates & Price Band:

 IPO Open:  13 July 2020
 IPO Close:  15 July 2020
 IPO Size:  Approx ₹500 Crore
 Face Value:  ₹2 Per Equity Share
 Price Band:  ₹423 - ₹425 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  50%
 Equity:  11,682,033 Shares

Rossari Biotech IPO Market Lot:

 Lot Size:  Minimum 35 Shares & Maximum 455 Shares
 Minimum Amount:  ₹14875
 Maximum Amount:  ₹193375

Rossari Biotech IPO Allotment & Listing:

 Basis of Allotment:  20 July 2020
 Refunds:  21 July 2020
 Credit to Demat Account:  22 July 2020
 Listing Date:  23 July 2020

Rossari Biotech IPO Form:

How to apply the Rossari Biotech IPO? You can apply Rossari Biotech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rossari Biotech IPO in the Invest section. The other option you can apply Rossari Biotech IPO via IPO forms download via NSE and BSE. Check out the Rossari Biotech forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Rossari Biotech Financial Results:

  ₹ in Crore
Revenue Expense PAT
2016 - - -
2017 261 242 14.2
2018 300 263 25.4
2019 517 454 45.4
2020 604 516 65.0

Company Promoters:

  • Mr. Edward Menezes
  • Mr. Sunil Chari

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Rossari Biotech IPO Registrar:

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.inNote: Check Rossari Biotech IPO allotment status on Linkintime website allotment URL. Click Here

Rossari Biotech IPO Lead Managers:

  • Axis Bank Limited
  • ICICI Securities Limited

Company Address:

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 FAQs:


When Rossari Biotech IPO will open for Anchor Investors?
The Anchor Investors bidding is on 10 July 2020.

When Rossari Biotech IPO will open for QIB, NII, and Retail?
The IPO to open on 13-July-2020 for QIB, NII, and Retail Investors.

What is Rossari Biotech IPO Investors Portion?
The investors' portion for QIB-35%, NII-15%, and Retail-50%.

How to Apply the Rossari Biotech IPO?
You can apply Rossari Biotech IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Rossari Biotech IPO Allotment Date?
Rossari Biotech IPO allotment date is 20 July 2020. You can check IPO allotment here.

What is Rossari Biotech IPO Listing Date?
Rossari Biotech IPO listing date is 23 July 2020. The IPO to list on NSE and BSE.

Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)