Rossari Biotech Limited
Bookbuilding FPO · NSE, BSE
- Price band
- ₹423 - ₹425
- Lot size
- 35 shares
- Issue amount
- ₹496.49 cr
- Total subscription
- 0×
- Opens
- 13 Jul 2020
- Closes
- 15 Jul 2020
- Allotment
- 21 Jul 2020
- Listing
- 23 Jul 2020
Offer at a glance
Issue overview
- Issue size
- 1,16,82,033 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,805
- Fresh issue
- ₹50 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,875
- Issue type
- Bookbuilding FPO
- Shares before issue
- 5,07,52,920
- Shares after issue
- 5,19,29,390
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 35 | ₹14,875 |
| sHNI | 14 | 490 | ₹2,08,250 |
| bHNI | 68 | 2,380 | ₹10,11,500 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Rossari Biotech Ltd, incorporated in 2009, is a leading manufacturer of textile specialty chemicals. The company provides customized solutions for the apparel, animal and poultry feed, and FMCG industries with a diverse product portfolio. It operates in 18 countries, including India, Bangladesh, Vietnam, and Mauritius. According to the F&S Report published on September 30, 2019, Rossari Biotech is the largest textile specialty chemical manufacturer in India. Its business is divided into three main segments: textile specialty chemicals, animal health and nutrition products, and home, personal care, and performance chemicals. The company offers 1,948 different products across these categories. Most of its products are manufactured in-house at its Silvassa unit in Dadra & Nagar Haveli, which has an installed capacity of 100,000 MTPA. Additionally, it is setting up a new manufacturing facility in Dahej, Gujarat, with an installed capacity of 132,500 MTPA. The company also has two R&D centers in Silvassa and Mumbai, dedicated to new product development, formulations, and cost efficiency. Rossari Biotech has a strong distribution network with over 194 distributors across India and 27 distributors in 17 other countries.
Strengths
- Wide range of products across various categories.
- Leading textile specialty chemical manufacturer in India.
- Own in-house manufacturing facility.
- Advanced research and development center.
- Extensive distribution network across India.
Promoters
Mr. Edward Menezes
Mr. Sunil Chari
Registrar & documents
Lead manager
Axis Capital Limited, ICICI Securities Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
201 A - B, 2nd Floor, Akruti Corporate Park, L.B.S. Marg, next to GE Gardens, Kanjurmarg (W), Mumbai 400 079, India
+91-22-6123 3800
[email protected]Company website ↗Understanding ROSSARI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.