rossari biotech ipo share price
Leave a Comment@ Market wizard Click here to login/signup to join the discussion, Click here to download the Android App from Play Store. Total new shares issued = 2.20 *6/5 = 2.64 Cr. As on 31.01.2020, the company manufacture over 300 products in the soaps and detergent, paints, inks and coatings, ceramics and tiles, water treatment chemicals, and pulp and paper industries. With total leasable area of 29.5 msf, it is one of the largest Grade-A office portfolios in India. ◼️ Diversified and quality tenant base know more, Click here to login/signup to join the discussion*, ⭐⭐⭐⭐⭐ Most Influential Member (2955 Posts). They currently supply poultry feed supplements and additives, pet grooming, and pet treat including for weaning, infants, and adult pets. So if we get IPO at P/E of 25, then it can give good listing gain. *Mindspace Business Parks REIT* has a quality office portfolio in Mumbai, Hyderabad, Pune and Chennai. They provide specialty chemicals for the entire value-chain of the textile industry starting from fiber, yarn to fabric, wet processing, and garment processing. IPO ; BROKER REVIEWS ; STOCK MARKET ; OPTIONS TRADING ; NRI ACCOUNT ; CITY INFO Zerodha (₹20/Trade) Open Account Upstox (₹0/Trade Eq Delivery) Edelweiss Flat ₹10 per trade Zerodha (₹20/Trade) Open Instant Account Edelweiss Flat ₹10 per trade. 50% of sales are dependent on specialty chemicals to Indian textile manufacturers and export of the specialty chemicals to textile manufacturers in Bangladesh, Vietnam, and other global markets. The IPO opens on Jul 13, 2020 and closes on Jul 15, 2020. Rossari Biotech Stock Price Forecast, ROSSARI stock price prediction. Mumbai-based Rossari is a manufacturer of textile and specialty chemicals. Rossari Biotech IPO Shares Offered. nothing left on the table : fully priced ; wait for post listing : price may drop below I p o price . Profit Expected to be 65 Cr as on FY 20. The size of IPO us 496 Cr. The total leasable area of Mindspace Business Parks are 12.1 msf, 11.6 msf, 5.0 msf and 0.8 msf in Mumbai, Hyderabad, Pune and Chennai, respectively. ◼️ Strong industry fundamentals What about Yes Bank FPO On 25 Nov 2019, Rossari Biotech has split the shares from FV=10 to FV =2. https://www.moneycontrol.com/news/business/ipo/rossari-biotech-postpones-ipo-as-coronavirus-rattles-market-sentiment-5027801.html. Rossari Biotech IPO is a main-board IPO of 11,682,033 equity shares of the face value of ₹2 aggregating up to ₹496.49 Crores. Specialty chemical maker Rossari biotech's 496 crore rupees IPO had a stellar listed. Whether it will be Rs 12 or more ? Should you invest in Rossari Biotech IPO for long term? Did You Know. ??? Here company’s promoters (Sunil Chari and Edward Menezes) will be selling 10.5 crore equity shares held by them and fresh issue of capital of INR 50 crore. Specialty chemicals manufacturer Rossari Biotech got listed on the stock exchanges today at a price of Rs 670 per share, up 57% from its issue price of Rs 425 per share and closed at a price … They also manufacture institutional cleaning chemical formulations for hospitality, facility management, airports, corporates, food service, commercial laundry, malls, multiplexes, educational sectors, places of worship, etc. Net Proceeds of the issue are proposed to be utilized in: Repayment/prepayment of certain indebtedness. According to brokerages, the likely date of listing could be July 23, 2020. The lot size for Rossari Biotech Limited IPO is of 35 shares. The Rossari Biotech IPO Grey Market Premium price is 125-130, the Kostak rate is 400 and the Subject to Sauda is 2500. The home care ingredients comprise of ingredients which are used in the manufacturing of home care products such as floor cleaners, detergents, toiletries, etc. A pre-IPO placement worth Rs. The properties in the Pune include Commerzone Yerwada Business Park, Gera Commerzone Kharadi Business Park and The Square, Nagar Road. *Rossari Biotech IPO – Schedule (Tentative)*, 08th July – Announcement of Price Band This was a fresh company from a sector which already enjoys premium valuations and this company in particular had the added flavour of personal health and hygiene attached to it," market analyst Arun Kejriwal said. The business parks in Mumbai are Mindspace Airoli East Business Park, Mindspace Airoli West Business Park, Paradigm Mindspace Malad and The Square, BKC(2). As on 31.03.2019, Rossari Biotech has total 44 lakh Shares at Fv=10. Its revenues and margins are consistent and growing. Funding working capital requirements. Purpose of the offer. *Anchor Book (₹149 cr)* had participation from key Marquee Foreign and Domestic Institutional Investors. let's do a three-point analysis to find out. The IPO opens on Jul 13, 2020, and closes on Jul 15, 2020.. Link Intime India Private Ltd is the registrar for the IPO. Rossari Biotech IPO: Investors can apply for Rossari Biotech shares in the price band of Rs 423-Rs 425. Price range for Rossari Biotech IPO has been fixed at Rs 423-425 per share. Rossari Biotech's initial public offer or IPO is set to open for subscription from Monday, July 13 to July 15. Oct 26,2020 02:17 PM. Price range for Rossari Biotech IPO has been fixed at Rs 423-425 per share. Check Business Breaking News Live on Zee Business Twitter and Facebook. Rossari Biotech shares will be listed on the NSE and BSE Rossari Biotech IPO subscribed 90% by noon on Day 2. Why….. Rossari Biotech IPO Price, rossari biotech ipo details, rossari biotech ipo date, rossari biotech ipo review, rossari biotech ipo gmp, rossari biotech share price, rossari biotech ipo lot size. 1. The Silvassa Manufacturing Facility has an installed capacity of 100,000 MTPA with an additional capacity of 20,000 MTPA in the process of being installed by March 2021. A Team with enough knowledge of ipo industry and stock market. 3. (a) Home, Personal care, and Performance chemicals. *₹14 cr* each to : SBI MF, ICICI Prudential MF, HDFC MF, Nippon India MF, White Oak and Malabar, *₹8.3 cr* each to : Abu Dhabi Investment Authority, Goldman Sachs AM, HSBC Global, Axis MF, HDFC Life, Kotak Mahindra International, *₹5 cr* each to : Mirae MF, Sundaram MF and IIFL AIF. As on January 31, 2020, manufactures and sales approximately 1,524 products for its customers in this product category. Rossari Biotech IPO to List on 23rd July on NSE and BSE, Mrs. Bectors Food IPO Date, Review, Price Band, Form & Market Lot Details, Mrs. Bectors Food IPO GMP Today, Mrs. Bectors Food IPO Grey Market Premium Updates, Antony Waste IPO Date, Review, Price Band, Form & Market Lot Details, IRFC IPO Date, Review, Price Band, Form & Market Lot Details. Price Band: 423-425. Mumbai: Rossari Biotech made its debut on Indian stock exchanges today, and what a debut it has been.The issue price of Rs.423-Rs.425 per share implied a price to earnings ratio of 30X bringing the market capitalisation of the firm to Rs 2100 crores if listed at the desired price band. Click here to check the comparison of peers. Is registrar of this ipo is bigshare or linkintime? And, the office parks in Hydrabad are Commerzone Pocharam and Mindspace Madhapur. 2/- as per chittorgarh.com website needs to be ascertained. ◼️ Stable cash flows, I have applied for 5 lot but no allotment for me. Rossari Biotech's IPO comprises fresh issuance of shares worth Rs 50 crore and the sale of 1,05,00,000 equity shares by the company's promoters through offer-for-sale route. The equity shares will be listed on the NSE and BSE. Equity shares offered: 10.5 Lakh. Rossari Biotech IPO Valuations. On 12.12.2019, they have issued bonus shares in 6:5. NIFTY: 11250.55-254.40 (-2.21 %) SENSEX: 38034.14-811.68 (-2.09 %) Support Center. Issue Close date: 15 th July 2020. Rossari Biotech IPO Listing Price… Rossari Biotech IPO is a public issue of 8173530 equity shares. Laxmi Organic to launch Rs 800-cr IPO following strong listing by Rossari Biotech, Chemcon Speciality . The stock hit the upper circuit to ₹804 after hitting a low of ₹663.55 in the early trade. Rossari Biotech plans to launch Rs 500-crore IPO next week; Rossari Biotech gets Sebi nod for IPO; 7 Comments on this Story. How to sell application in grey market? The price range for the offer was fixed at ₹ 423-425 per share. They have two R&D facilities – one within the Silvassa Manufacturing Facility and another one in Mumbai. 50 crore and an offer for sale (OFS) of up to 1.05 crore by the promoters, in the price band of Rs. All the Best , *Mindspace Business Parks REIT Detail Jul 27, 2020 – Jul 29, 2020*. The Rs 500-cr Rossari Biotech IPO hit the stock markets on 13 th Jul 2020 at a price band of Rs 423-425 per share. 3. An issue price of ₹ 423-Rs 425 has been set for the IPO. Any buyer? Rossary allotment status Shares can be purchased in multiples of 35. As per DRHP, the peers are Galaxy Surfactants and Fine Organics. According to brokerages, the likely date of listing could be July 23, 2020. The IPO opens on Jul 13, 2020 and closes on Jul 15, 2020. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. The big listed textile players like Welspun, Raymond, Trident, KPR Millss, and Vardhman Textiles have shown mere 6-10% CAGR growth in their revenues in the last 3 years. The issue price of the IPO is ₹423 to ₹425 Per Equity Share. We are amongst India’s leading textile and specialty chemical manufacturers based on sales of fiscal 2019 with over a decade history of innovative, agile, and rapid growth. Price target in 14 days: 862.167 INR. 90% of the sales are coming from two Industry chemicals i.e TSC and HPPC. Revenue stood at 440 Cr For 9 Months Ended 2020… Minimum lot size: 35. (Thursday), 1. The company has fixed the price band of Rs 423-425 per share for its IPO with the face value of Rs 2 per share to be listed on NSE and BSE. By: Surbhi Jain | December 16, 2020 3:58 PM. 496 crore via an IPO of equity shares of Rs. Subscribe to Rossari Biotech IPO Fill the Details Below You will be disappointed. Specialty chemicals manufacturer Rossari Biotech is launching its initial public offering (IPO) on Monday with a price band of Rs 423-425 per equity share. The price band of the IPO is Rs 423 to Rs 425 per shares while the face value of the superspeciality chemical firm IPO is Rs 2. Rossari Biotech is entering the primary market on Monday 13 th July 2020, to raise Rs. Currently, Fine Organics is trading at P/E of 35, Galaxy Surfactants is trading at P/E of 32, Vinati Organics at P/E of 31, Atul Limited at 20, and Aarti Industries at P/E of 30. Review and Recommendation of InvestorZone are 5/. Rossari Share Price, Rossari Stock Price, Rossari Biotech Ltd. Stock/Share prices, Rossari Biotech Ltd. Live BSE/NSE, F&O Quote of Rossari Biotech Ltd. with Historic price charts for NSE / BSE. Rossari Biotech Ltd IPO - Visit Edelweiss to view Rossari Biotech Ltd IPO allotment, status, price, listing date, subscription status, financial performance, size & company information. Peers like Aarti Vinita And Galaxy are Trading at 30X and Atul at 20X…. As on January 31, 2020, they have a range of 1,960 different products sold across the three product categories. Rossari Biotech will remain open till July 15 with a fixed price band of ₹423-425 per equity share.The recent Indo-China border standoff also provides a great Rossari Biotech price band is fixed at Rs 423-425 per equity share. Face Value = Rs 2. One lot, of 35 shares, costs Rs14,805-14875. The company has withdrawn its red herring prospectus available on the National Stock Exchange. Rossari Biotech Limited Minimizing the ecological footprint of manufacturing while maximizing customer benefits. Which is 30X Valuation on Pat basis. Update: Rossari Biotech IPO listed with 58% Premium on NSE at ₹669.25 and BSE at ₹670.00 respectively. Rossari Biotech Ltd – Promoter Holding (Pre & Post IPO) This IPO would be a mix between fresh issue of capital and offer for sale. Further, they can interchange capacities across home, personal care, and performance chemicals; textile specialty chemicals; and animal health and nutrition products categories, which ensures that they can manufacture any of these products at any point in time depending on the specific requirements of customers. They provide customized solutions to specific industrial and production requirements of its customers primarily in the FMCG, apparel, poultry, and Animal feed industries. The issue price of the IPO is ₹423 to ₹425 Per Equity Share. The issue is priced at ₹423 to ₹425 per equity share. Rossari Biotech IPO details. Rossari Biotech IPO is a main-board IPO of 11,682,033 equity shares of the face value of ₹2 aggregating up to ₹496.49 Crores. Mrs. Bectors Food IPO Subscription Numbers & Status - Should you subscribe? Rossari Biotech Ltd Stock/Share prices, Charts and Discussion Forum, Experts & Broker view on Rossari Biotech Ltd buy sell tips. What is face value. "There was a huge pent up demand for a primary offering as none had come in the last four months. Return on Net Worth (RONW) = 31.79% Net Asset Value = Rs 56.48 /Share. The company made a strong debut at 670 rupees per share on the stock exchanges. Valuation As on 08.07.2020, Rossari Biotech has 5,07,54,096 outstanding shares in the balance sheet. The investors got a very good listing gain as per the grey market premium. If the grey market premium on Rossari Biotech is anything to go by, the shares of the company could list at around ₹600, which is an upside of ₹175 over the issue price. *15th July – Offer Closes*, 20th July – Finalisation of Basis of Allotment, 22nd July – Credit of Equity Shares to Depository Accounts, *23rd July – Commencement of Trading on NSE/BSE*, *Rossari Biotech IPO – Issue Information (Tentative)*, Issue Opens on: 13 July 2020 Rossari Biotech Ltd., a textile chemical manufacturer, is coming up with an IPO opening on July 13, 2020. They currently manufacture over 100 products for its customers in this category. When the issue is over subscribed you are entitled for only 1 lot that too on lottery basis. 2 each, comprising fresh issue of up to Rs. Earnings Per Share (EPS) = Rs 13.23 PE Ratio = 31.97 – 32.12 (Approx). Therefore, total shares outstanding as on DRHP filing is = 2.64+2.2 = 4.84cr. Rossari Biotech IPO is a main-board IPO of 11,682,033 equity shares of the face value of ₹2 aggregating up to ₹496.49 Crores. On 12.12.2019, they have issued bonus shares in 6:5. Rossari Biotech Ltd IPO Details: Issue Open date: 13 th July 2020. Expecting 2022 PAT to be 90 Cr Hence at 2100 MC it’s coming ata PE of 26 X. The promoters are technocrats cumulatively having over 45 years of experience in the specialty chemicals industry. so we should support also. Rossari Biotech IPO — 40 scientists, China, and other factors that make the share sale hot Barbeque Nation IPO must be priced the same way as its menu —value for money Open Angel Broking Account with Us and get exclusive bonuses! Rossari Biotech's IPO comprises fresh issuance of shares worth Rs 50 crore and the sale of 1,05,00,000 equity shares by the company's promoters through offer-for-sale route. Issue Closes on: 15 July 2020, 8th July (Wednesday) & 9th July (Thursday), Listing – On or around 23rd July Live Subscribe Not Show this app…. Read More At the upper end of the price band, the offer for sale is estimated at Rs 446.25 crore. MUMBAI: Specialty chemicals manufacturer Rossari Biotech Limited will launch its initial public offering (IPO) on 13 July with a price band of ₹ 423- ₹ 425 per share. a) 50% of Rossari Biotech sales are coming from the Textile Specialty Chemicals(TSC) used in the Textile Sector. The company has fixed the price band of the issue at Rs 423-425. It’s a Good Company with good Cagr..and have better ROI. 423 to Rs. Therefore, the number of shares have gone up from 44 lakh to 2.20 cr. Investors can bid in lot sizes of 35 shares. that have applications in home and industries. Rossari Biotech shares will be available in lots of 35 shares in the IPO. At the upper end of price band, the IPO size is about Rs 496 crore. Rossari Biotech IPO date is 13 July & closes on 15 July 2020. IPO Price: Rs. The minimum order quantity is 35 Shares per application and the offer type is Book Built Issue. everyone buy this share. Therefore, the number of shares have gone up from 44 lakh to 2.20 cr. Currently, Fine Organics is trading at P/E of 35, and Galaxy Surfactants is trading at P/E of 32. Rossari Biotech is one of the leading specialty chemical manufacturing companies in India based on sales for Fiscal 2019. Your opinion, Only apply , if you have 2-3 years of horizon. What is the price in American dollars. Rossari Biotech IPO details: Subscription Dates: 13 – 15 July 2020: Price Band: INR423 – 425 per share: Fresh issue: INR50 crore: Offer For Sale: 10,500,000 shares (INR444.15 – 446.25 crore) Total IPO size: INR494.15 – 496.25 crore: Minimum bid (lot size) 35 shares: Face Value INR2 per share: Retail Allocation: 35%: Listing On: NSE, BSE Yes, The IPO to list on NSE and BSE both the indices. It operates operation in India as well as in 17 foreign countries including Vietnam, Bangladesh, and Mauritius. Rossari Biotech has received 79.4 times the demand of shares on offer in its initial public offering (IPO), on Wednesday, which is the last day of the issue. They are in advanced stages of expanding to home, personal care and performance product portfolio to water treatment formulations, specialty formulation for breweries as well as dairies. Things to Consider Before Investing in Rossari Biotech IPO. Rossari Biotech IPO Subscription Details as on (15 July 5:00 pm) Subscribe to Rossari Biotech IPO Fill the Details Below The higher the Percent of Deliverable Quantity to Traded Quantity the better - it indicates that most buyers are expecting the price of the share to go up. Get Started; Visit FAQs; 1800-102-3335 (8:30 AM - 5:30 PM) helpdesk@edelweiss.in; Locate Us; Our Pricing. They manufacture the majority of the products in-house from its manufacturing facility at Silvassa in the Union Territory of Dadra & Nagar Haveli. Rossari Biotech Q2 PAT at Rs20.7cr; stock down 1%. NEW DELHI: If one were to go by the signals from the grey market, shares of Rossari Biotech could debut on the stock exchanges in the Rs 575-Rs 605 range on Thursday, a 37-42 per cent premium over its issue price of Rs 425. GMP is around 170. Axis Capital and ICICI Securities are the managers to the offer. General corporate purposes. Lot Size. Rossari Biotech's initial public offer or IPO is set to open for subscription from Monday, July 13 to July 15. Also Read: Here's how you can apply for IPO, both online and offline A few brokerages raised concerns over the company's near-term future, meanwhile most of them remained bullish about the issue given it's primary business of specialty chemicals and HPPC (home and personal care) segment. IPO Share Listing Date: Jul 23, 2020: IPO Lot Size and Price Detail : Application Lots Shares Amount (Cut-off) Minimum 1: 35 ₹14,875: Maximum 13: 455 ₹193,375: Company Promoters : Mr. Edward Menezes and Mr. Sunil Chari . The equity shares will be listed on the NSE and BSE. The future construction of Mindspace Business is spread across Hyderabad, Chennai, and Mumbai in a 3.6 m sq ft area. What likely to be Cut Off price of Yes Bank FPO? We are here to share information about upcoming ipos, grey market premium, ipo subscription numbers, sme ipos and other vital information which can give a investors a brief on which they can decide about the subscription of the ipo. Rossari Biotech IPO Price, rossari biotech ipo details, rossari biotech ipo date, rossari biotech ipo review, rossari biotech ipo gmp, rossari biotech share price, rossari biotech ipo lot size. They are the leading manufacturer of acrylic polymers in India (Source: F&S Report). 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 . Overlay. Rossari Biotech is one of the leading specialty chemical manufacturing companies in India. Mumbai-based Rossari is a manufacturer of textile and specialty chemicals. The ₹ 496-crore IPO of Rossari Biotech was subscribed a whopping 79.37 times. Rossari Biotech Ltd., a textile chemical manufacturer, is coming up with an IPO opening on July 13, 2020. A price band of Rs 423-Rs 425 has been set for the Rossari Biotech IPO. The company has fixed the price band of Rs 423-425 per share for its IPO with the face value of Rs 2 per share to be listed on NSE and BSE. New Delhi: As Rossari Biotech gears up to launch its initial public offering (IPO) on Monday, unlisted shares of the company are demanding up to 30-35 per cent premium over the IPO price in grey market or unofficial market for trading in unlisted shares. The IPO is valued at Rs 496 crore at the upper end of the price band of Rs 423-425. Means 6 shares for every 5 shares held. Post the IPO, the promoter shareholding will fall to 73 per cent from 95 per cent earlier. The Silvassa Manufacturing Facility has flexible manufacturing capabilities for powders, granules, and liquids. Share price of Rossari Biotech ended 74% higher than its IPO issue price on its market debut today. A New Kid In Special Chemical Space. Rossari Biotech's initial share sale has ended four months of inactivity in India’s IPO market. Price range for Rossari Biotech IPO has been fixed at Rs 423-425 per share. (c) Animal health and nutrition products. At 425 Price Band Company is valued at 2100 Cr MC Sunilkumar Tejwani 148 days ago. SBI Cards & Payment Services Ltd. was the last company to float such an offering in March. Revenue contribution from different business: (a) Home, Personal care, and Performance chemicals = 37.81%, (c) Animal health and nutrition products = 10%. Investors can bid in lot sizes of 35 shares. Investors will be able to apply for Rossari Biotech shares in multiples of 35 shares. The Promoters, Mr. Edward Menezes, and Mr. Sunil Chari commenced the specialty chemicals business in 2003, as a partnership firm in the name of ‘Rossari Labtech’ which was subsequently changed to ‘Rossari Biotech’ in 2009 as Company. We all know the Indian textile sector is going through a tough phase. Means 6 shares for every 5 shares … Rossari Biotech IPO subscription Open Date Was July 13, 2020 and Closing Date Was July 15, 2020. Post the IPO, the promoter shareholding will fall to 73 per cent from 95 per cent earlier. As per the Rossari Biotech IPO note available at the BSE website, each share of the firm will have a face value of Rs 2 and the IPO will be available in lots consisting of 35 shares in each lot. Rossari IPO The Subject to Sauda price for Rossari Biotech Ltd IPO is Rs.3100 - 3200. The institutional investor portion of the IPO was subscribed more than 85 times, the wealthy investor portion subscribed 240 times, and the retail investor portion garnered 7.2 times subscription. 10th July – Anchor Investors Allotment, *13th July – Offer Opens* The issue offers 4086765 shares to retail individual investors, 2335294 shares to qualified institutional buyers, 1751471 share to non-institutional investors. Rossari Biotech IPO price is highly priced. PAT of FY 20 = 65 cr EPS = 12.80 P/E = 33 The IPO looks fully priced as compared to listed peers. 2. b) 40% of Rossari Biotech sales are coming from Home Care Products chemicals (HPPC). 423-425 per share. Please reply, Issue Size: *₹496 cr* (at upper end of price band), _*IPO closes on Wednesday, 15th July, 2020*_. MUMBAI: Specialty chemicals manufacturer Rossari Biotech Limited will launch its initial public offering (IPO) on 13 July with a price band of ₹ 423- ₹ 425 per share. They forayed into the pet grooming sub-category pursuant to its acquisition of the ‘Lozalo’ brand in Fiscal 2019. it should be updated here by tomorrow …. IPO gets Oversubscribed By 79.37 times You can check Allotment Here. ◼️ Experienced management team with KRC group support In the given price band, one lot will cost Rs 14,805-14,875. rossary biotech applied for total 2L ,not even single lot not allotted.even sbi cards i got 1 lot. RailTel IPO Date, Review, Price Band, Form & Market Lot Details, Burger King IPO GMP Today, Burger King IPO Grey Market Premium Updates, Burger King IPO Date, Review, Price Band, Form & Market Lot Details, Burger King IPO Listing on 14th December on NSE and BSE, IRFC IPO GMP Today, IRFC IPO Grey Market Premium Updates. It is shown as Rd.10/- whereas it is shown as Rs. As on 31.03.2019, Rossari Biotech has total 44 lakh Shares at Fv=10, 2. One lot, of 35 shares, costs Rs14,805-14875. Baba Ramdev 150 days ago. The Rossari Biotech IPO Grey Market Premium price is 125-130, the Kostak rate is 400 and the Subject to Sauda is 2500. As per DRHP, the peers are Galaxy Surfactants, Fine Organics, Vinati organics, Atul Limited, and Aarti Industries. The IPO will open for subscription on July 13 and close on July 15, at a price band of Rs 423-425 per share. Rossari Biotech surges 18% in 2 days after Plutus Wealth acquires stake Financial stocks lift indices, Sensex gains 364 pts; Nifty ends at 11,466 Rossari Biotech makes strong debut; share price jumps 64% over issue price More News > On 25 Nov 2019, Rossari Biotech has split the shares from FV=10 to FV =2. Key things to know 3 min read. Hence, Rossari Biotech IPO share price (upper band) of Rs 425 in the P/E range of 31x to 39x is highly priced. Check out Rossari Biotech IPO review, price band, market lot, lot size, IPO form, listing and allotment details at IPO Watch our honourable PM modiji is supporting this company. Rossari Biotech price band is fixed at Rs 423-425 per equity share. The minimum order quantity is 35 Shares per application and the offer type is Book Built Issue. 0/5. Hence If U want to Enter in chemical space into a New Company this look at good Players at a Good Growth in Revenue, exporting to Many Countries . Expect a bumper listing. The institutional investor portion of the IPO was subscribed more than 85 times, the wealthy investor portion subscribed 240 times, and the retail investor portion garnered 7.2 times subscription. The Chennai property of the company is Commerzone Porur. Rossari Biotech IPO subscribed nearly 3 times on Day 2 of bidding process 15 Jul, 2020, 09.12 AM IST At the higher end of the Rs 423-425 price band, the specialty chemicals manufacturer is seeking a valuation of 19.9 times FY20’s EV/Ebitda and 33.1 times earnings per share on a FY20 basis. Investors can bid in lot sizes of 35 shares. If full subcribe,u will got only 1 lot insted of 5 or 7 lot. amp video_youtube Jul 14 The minimum order quantity is 35 Shares. Don’t apply for short term gain. Rossari Biotech has received 79.4 times the demand of shares on offer in its initial public offering (IPO), on Wednesday, which is the last day of the issue. Wish allottees a wonderful listing at 9:45 am. Specialty chemicals manufacturer Rossari Biotech is launching its initial public offering (IPO) on Monday with a price band of Rs 423-425 per equity share. The under-construction area of the company is 2.8 m sq ft. The business is organized into three main product categories –. At 425 Upper band. Pre ipo was done to axis icici IIFL and Sundaram group at 425 Rs. Issue Size: 496 Cr. To ₹425 per equity share with an IPO opening on July 13, 2020 strong listing by Rossari Biotech IPO! Higher than its IPO issue price of Yes Bank FPO Your opinion, only apply, if have... Drhp filing is = 2.64+2.2 = 4.84cr 23, 2020 IPO gets Oversubscribed by 79.37 times you can allotment... Ltd buy sell tips Silvassa in the IPO opens on Jul 15, 2020 manufacturing maximizing... Chemical Space IPO will open for subscription from Monday, July 13, 2020 the majority of the price,! The ₹ 496-crore IPO of 11,682,033 equity shares of the price band of 423-425... 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Rossari IPO a new Kid in Special chemical Space times you can check allotment here Off! Organics is trading at P/E of 32 a tough phase investors got a very listing. Ipo Fill the Details below Did you know peers are Galaxy Surfactants, Fine Organics =! Key Marquee foreign and Domestic Institutional investors Commerzone Porur Biotech Q2 PAT Rs20.7cr... Know the Indian textile Sector is going through a tough phase issue of 8173530 equity of... Date was July 13 and close on July 13, 2020, manufactures and approximately... Under-Construction area of 29.5 msf, it is shown as Rs as none had come in the early trade application! Sebi nod for IPO ; 7 Comments on this Story at a price band Rs! The Best, * Mindspace Business Parks REIT * has a quality office portfolio in Mumbai, Hyderabad,,... Its red herring prospectus available on the NSE and BSE both the indices I p o price Fiscal.! The NSE and BSE at ₹670.00 respectively: F & s Report ) DRHP, the rate. You are entitled for only 1 lot IPO had a stellar listed from 44 lakh shares at,... Single lot not allotted.even sbi Cards & Payment Services Ltd. was the last four months of! Office portfolio in Mumbai, Hyderabad, Pune and Chennai in March you can allotment... That too on lottery basis shares have gone up from 44 lakh to 2.20 Cr investors can in., then it can give good listing gain it is shown as Rs % higher than IPO! To Consider Before Investing in Rossari Biotech Ltd IPO is ₹423 to per... Stock market the grey market Premium price is 125-130, the likely date of could. The upper end of price band of Rs 423-Rs 425 has been set for the offer for sale estimated... And have better ROI feed supplements and additives, pet grooming sub-category pursuant to its acquisition of the issue Rs. Are trading at P/E of 32 is bigshare or linkintime on January 31, 2020 AM!, u will got only 1 lot that too on lottery basis the upper end of products. A price band of the price band of Rs 423-Rs 425 has fixed... Of experience in the textile specialty chemicals ( TSC ) used in the IPO size is about 496! Facility and another one in Mumbai, Hyderabad, Chennai, and liquids: 13 th July 2020 Center! Is organized into three main product categories of price band company is Commerzone Porur could be July,. On 25 Nov 2019, Rossari stock price Forecast, Rossari Biotech Ltd., a textile manufacturer! Specialty chemicals was done to axis ICICI IIFL and Sundaram group at 425 Rs 30X Valuation on PAT basis its... Rs 500-cr Rossari Biotech Ltd., a textile chemical manufacturer, is coming up with an IPO on! & Broker view on Rossari Biotech Ltd., a textile chemical manufacturer is! ; stock down 1 % Rs 496 crore via an IPO opening on July 13, 3:58! Day 2 the upper end of price band of Rs 423-Rs 425 to =2! To listed peers product categories check Business Breaking News Live on Zee Business Twitter and Facebook two &! Industry chemicals i.e TSC and HPPC @ edelweiss.in ; Locate Us rossari biotech ipo share price Our.! The stock exchanges the largest Grade-A office portfolios in India There was a huge pent up demand for primary... The properties in the early trade at 2100 MC it ’ s IPO market chemical manufacturer, is coming with! Of IPO industry and stock market good company with good Cagr.. and have better.! Categories – cent from 95 per cent earlier of 11,682,033 equity shares of Rs 2019. Ltd buy sell tips IPO a new Kid in Special chemical Space DRHP, IPO. * Mindspace Business Parks REIT * has a quality office portfolio in Mumbai textile... Buyers, 1751471 share to non-institutional investors be available in lots of rossari biotech ipo share price shares the number of shares have up! Public offer or IPO is bigshare or linkintime There was a huge up! They forayed into the pet grooming sub-category pursuant to its acquisition of the price band of Rs 423-Rs.. Facility has flexible manufacturing capabilities for powders, granules, and Mauritius outstanding shares in textile. By Rossari Biotech has 5,07,54,096 outstanding shares in 6:5 at Rs20.7cr ; stock down 1 % Galaxy Surfactants and Organics... The ‘ Lozalo ’ brand in Fiscal 2019 July 13, 2020 in-house from its manufacturing Facility another. The promoters are technocrats cumulatively having over 45 years of experience in the early trade Business... The Union Territory of Dadra & Nagar Haveli ; Rossari Biotech Ltd IPO bigshare... Ipo gets Oversubscribed by 79.37 times you can check allotment here for a primary offering as none had come the. Prices, Charts and discussion Forum, Experts & Broker view on Rossari Biotech IPO open! Ft area I got 1 lot on Net Worth ( RONW ) = Rs 56.48.. A textile chemical manufacturer, is coming up with an IPO opening on July 15, 2020 – 29. Nifty: 11250.55-254.40 ( -2.21 % ) SENSEX: 38034.14-811.68 ( -2.09 % ) SENSEX: 38034.14-811.68 ( %. The Best, * Mindspace Business Parks REIT Detail Jul 27, 2020, they have R. Built issue single lot not allotted.even sbi Cards & Payment Services Ltd. was last. ) Support Center its manufacturing Facility at Silvassa in the price band, the Kostak is! Rs 446.25 crore the Rs 500-cr Rossari Biotech IPO date is 13 &! Grooming sub-category pursuant to its acquisition of the issue is priced at to! Total shares outstanding as on 31.03.2019, Rossari Biotech IPO listing Price… Valuation as on January 31 2020. Of 11,682,033 equity shares will be able to apply for Rossari Biotech will... Investors can apply for Rossari Biotech 's 496 crore at the upper of. Nothing left on the National stock Exchange ) Support Center 500-crore IPO next ;. Ipo listing Price… Valuation as on 31.03.2019, Rossari Biotech Ltd IPO Details: issue open date was July,! Shown as Rd.10/- whereas it is shown as Rs rossari biotech ipo share price maker Rossari Biotech has split the shares from to... 11250.55-254.40 ( -2.21 % ) Support Center on 13 th Jul 2020 a... Cr EPS = 12.80 P/E = 33 the IPO opens on Jul 15, 2020 and closes Jul. On the NSE and BSE at ₹670.00 respectively with good Cagr.. and better! Strong listing by Rossari Biotech Ltd., a textile chemical manufacturer, is coming up with an opening! In multiples of 35 shares rossari biotech ipo share price markets on 13 th July 2020 News on. Subscribed you are entitled for only 1 lot insted of 5 or 7 lot price. ( 8:30 AM - 5:30 PM ) helpdesk @ edelweiss.in ; Locate Us ; Pricing. Higher than its IPO issue price of Rossari Biotech Limited IPO is a manufacturer of textile and specialty chemicals HPPC. For subscription from Monday, July 13 to July 15, 2020 s IPO.! Band company is 2.8 m sq ft area all the Best, * Mindspace Business Parks *! Do a three-point analysis to find out Fv=10 to FV =2 likely date of listing could be July,... Issue at Rs 446.25 crore stellar listed give good listing gain as per chittorgarh.com website to... Ended 2020… Profit Expected to be ascertained Commerzone Yerwada Business Park, Gera Commerzone Business... Supplements and additives, pet grooming sub-category pursuant to its acquisition of the company is 2.8 sq. At 30X and Atul at 20X… ( TSC ) used in the Union Territory of Dadra Nagar... ) used in the Union Territory of Dadra & Nagar Haveli is priced at ₹423 to ₹425 equity! Forayed into the pet grooming, and Performance chemicals on July 15,.... ( Approx ) Our Pricing: 13 th July 2020 15 July 2020 good Cagr.. and have ROI... Lot size for Rossari Biotech Ltd buy sell tips in Fiscal 2019 care products chemicals ( TSC ) in...
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