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. … Rossari Biotech IPO listing date is 23rd July 2020. The Rossari Biotech IPO opens on 13th July 2020 and close on 15th July 2020. Return from Rossari Biotech IPO is Rs 244.25 per equity share which is 57.47% . PAT of FY 20 = 65 cr EPS = 12.80 P/E = 33 The IPO looks fully priced as compared to listed peers. For retail investors (RII) 50% is allotted for investment. Rossari Biotech IPO: Mubai-based Rossari Biotech's public issue of Rs 500 crore has opened for subscription today and will remain open till July 15, 2020. Rossari Biotech Ltd IPO Review – 5 Point Analysis Introduction. Minimum lot size: 35. The investors got a very good listing gain as per the grey market premium. Rossari Biotech Ltd., a textile chemical manufacturer, is coming up with an IPO opening on July 13, 2020. Face Value = Rs 2. Issue Close date: 15 th July 2020. When Rossari Biotech IPO start? Things to Consider Before Investing in Rossari Biotech IPO. To invest in ROSSARI BIOTECH LIMITED's initial public offering starting from 13th July 2020 you need to invest minimum Rs 14805, however you can also invest up to Rs 193375, considering the upper price of IPO Rs 425 and maximum allottable shares (455 shares). Vinati organics = 10.14 . Moreover, Chemcon Speciality Chemicals has witnessed the best share market listing, gaining 114 per cent from the IPO price, ... Rossari Biotech Ltd … The price band of Rossari Biotech IPO share is fixed at INR 423 to 425 per equity share taking the IPO issue size to approx. Rossari Biotech IPO will start on 13 July 2020 and will close on 15 July 2020.Rossari Biotech Ltd is coming up with a 500 crore IPO. Lot Size. Financial investment experts from IPO Corner suggest Rossari Biotech mainboard IPO a perfect investment option both of short term and long term investors. Rossari Biotech Ltd IPO - Visit Edelweiss to view Rossari Biotech Ltd IPO allotment, status, price, listing date, subscription status, financial performance, size & company information. 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. The issue is priced at ₹423 to ₹425 per equity share. IPO Price: Rs. Issue Size: 496 Cr. A price band of Rs 423-Rs 425 has been set for the Rossari Biotech IPO. What will be Rossari Biotech IPO Listing Price The IPO Listing price will be around 580-600 level. MyIPO is a complete IPO data provide that gives you latest updates about IPO, Upcoming IPO, old IPO. Rossari Biotech Limited – one of India’s prominent specialty chemical manufacturing companies started its very first first trading day with a whopping 57.65% premium over its IPO price today. Rossari Biotech IPO Review and Analysis. The minimum order quantity is 35 Shares per application and the offer type is Book Built Issue. Rossari Biotech IPO got listed on 23rd July 2020 . 423 to Rs. 425. Rossari Biotech Ltd – IPO Review : Rossari Biotech Limited is a producer of textiles and textiles products specialise chemical. 423 - Rs. Rossari Biotech works in the sector of Textile specialty chemicals, animal health and nutrition . Rossari Biotech IPO subscription Open Date Was July 13, 2020 and Closing Date Was July 15, 2020. Rossari Biotech = 3.59. Its clients include brands such as Lifebuoy, Vim, Comfort, IFB, Bosch, Panasonic and Domex. They believe their success is the result of sustained efforts over the decades in all areas of their business, such as product innovation, process improvements for our customers’ production cycle, agile customized solutions. Disclaimer: This article is for educational purpose only. How to apply IPO online with ASBA through HDFC Bank NetBanking? IPO Price Band: Rs. For NII 21.43% and QIB 28.57% is allotted. Rossari Biotech IPO details. Rossari Biotech IPO subscribed 60% on day 1 Rossari Biotech IPO subscribed nearly 3 times on Day 2 of bidding process Rossari Biotech IPO to … The IPO will come with a fresh issue of Rs. Company is a pioneering force in the Indian specialty chemicals market and Rossari is considered a well-known brand in this market. Rossari Biotech shares will be listed on the NSE and BSE Rossari Biotech IPO subscribed 90% by noon on Day 2. Rossari Biotech's initial public offer or IPO is set to open for subscription from Monday, July 13 to July 15. Bid from NII for ROSSARI BIOTECH LIMITED's IPO is 239.8322 times of total meant for NII category. The total number of shares offered were 8173530 and bid for 648733645 shares received . Moderate to low risk takers should avoid such IPOs. NEW DELHI: The Rs 496 crore Initial public offering (IPO) by Rossari Biotech was subscribed nearly 3 tims on Day 2 of bidding process. The Promoters, Mr. Edward Menezes, and Mr. Sunil Chari commenced the specialty chemicals business in 2003. Rossari Biotech IPO Size. Your email address will not be published. The IPO market timings are between 10 am and 5 pm. *IPO of Rossari Biotech Limited*: Price band – 8th July (Wednesday) Webinars for Press, Broker & Analysts – 8th July (Wednesday) & 9th July (Thursday) Anchor book – 10th July (Friday) IPO opens – 13th July (Monday) IPO closes – 15th July (Wednesday) Listing – On or around 23rd July (Thursday) Reply. The lot size for Rossari Biotech IPO is 35 shares. Expert Views on Rossari Biotech Investment. Which is 57.47 % Premium on NSE at ₹669.25 and BSE Rossari Biotech shares will around. Mr. Sunil Chari commenced the specialty chemicals market and Rossari is considered a well-known brand in browser. 5,07,54,096 outstanding shares in the sector of textile and specialty chemical manufacturing companies in India based on sales Fiscal! 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