Monday, July 13, 2020

Rossari Biotech IPO Subscription Numbers & Status Details


Rossari Biotech IPO to hit the market on 13 July 2020 and closes on 15 July 2020. The market conditions are stable now but still due to Covid-19 we can expect a few ups and downs in the market. The company looks good and the grey market is active but the confidence in the primary market is still weak. This is the first IPO since Anthony Waste which was postponed due to low responses. Let's see how this IPO will get the attention of the investors. Check Rossari Biotech IPO GMP day by day.

Latest Update: Rossari Biotech IPO subscribed 79.37x times on final day in which QIB 85.26x times, HNI 239.83x times and RII Retail 7.23x times.


Rossari Biotech IPO Subscription Numbers
(Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.41x 2.75x 85.26x
HNI 0.11x 4.34x 239.83x
RII 0.92x 2.51x 7.23x
EMP N/A N/A N/A
Total 0.60x 2.97x 79.37x

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