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ROSSARIEQ / NSE, BSEListed
Rossari Biotech

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.

₹423 - ₹425Open
Listed Price₹669.25
Listing Gain+57.47%

IPO Schedule & Timeline

Bookbuilding FPO
Open13 Jul 2020
Close15 Jul 2020
Allotment21 Jul 2020
Listing23 Jul 2020

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB58,38,234 shares
50%
HNI17,51,471 shares
15%
Retail40,86,765 shares
35%

Minimum Application Lots

Retail1 Lot (35 shares)
₹14,875
sHNI14 Lots (490 shares)
₹2,08,250
bHNI68 Lots (2,380 shares)
₹10,11,500

Company Promoters

Mr. Edward MenezesMr. Sunil Chari

Company Background

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 o...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹6038.18 Cr
Growth+131.7%
Revenue Trend (₹ in Crores)
0.02.3k4.6k6.9kMar-17Mar-18Mar-19Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-206,038.18652.534,715.150
Mar-195171.24456.832489.450
Mar-183004.29254.031649.500
Mar-172605.97142.851308.940

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
21 Jul 2020
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
23 Jul 2020

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Rossari Biotech. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization21 Jul 2020Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date23 Jul 2020Trading commences on exchange

How to Check Rossari Biotech Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Rossari Biotech from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Rossari Biotech IPO

Complete issue overview for Rossari Biotech (ROSSARI) IPO. The issue features an equity share price band of ₹423 – ₹425 per share with a minimum retail lot size of 35 Shares (minimum application amount of ₹14,875). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions