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Open
13 Jul 2020
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Close
15 Jul 2020
3
Allotment
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Listing
Thu, Jul 23, 2020
Price Band
₹423 to ₹425
Issue Size
1,16,76,470 shares (agg. up to ₹496 Cr)
Lot Size
35 Shares
Listing Date
Thu, Jul 23, 2020
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 55.11x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|
| Assets | 471.52 | 249.85 | 164.95 |
| Total Income | 603.82 | 517.12 | 300.43 |
| Profit After Tax | 65.25 | 45.68 | 25.40 |
| EBITDA | 104.53 | 77.63 | 42.63 |
| NET Worth | 286.68 | 123.81 | 87.08 |
| Reserves and Surplus | 276.53 | 119.41 | 82.68 |
| Total Borrowing | 66.93 | 4.53 | 20.95 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of certain indebtedness availed by our Company (including accrued interest) | 65.00 |
| 2 | Funding working capital requirements | 50.00 |
| 3 | General corporate purposes | 28.74 |
About Rossari Biotech IPO
Incorporated in 2009, Rossari Biotech Ltd is a manufacturer of textiles specialty chemicals. It provides customized solutions to the apparel, animal & poultry feed, and FMCG industries by offering a diversified product portfolio. Rossari Biotech operates in 18 countries including India, Bangladesh, Vietnam, and Mauritius. As per the F&S Report published on 30th Sept 2019, it is the largest textile specialty chemical manufacturer in India. The business of the company can be classified into three main categories which are textile specialty chemicals; animal health & nutrition products; and home, personal care & performance chemicals. The company has 1,948 different products range under these three categories. Most of the products of the company are manufactured in-house. It has a manufacturing unit located at Silvassa, Dadra & Nagar Haveli with an installed capacity of 100,000 MTPA. The company is also setting up a manufacturing unit at Dahej in Gujarat with an installed capacity of 132,500 MTPA. Rossari Biotech also has two R&D facilities in Silvassa and Mumbai locations to focus on new product development, formulations, and cost competitiveness. It has more than 194 distributors ac
Contact Details
Rossari Biotech Ltd. Address201 A-B, 2nd Floor, Akruti Corporate ParkL.B.S.Marg, next to GE GardensKanjurmarg (W)Mumbai, Maharashtra, 400079+91-22-6123 3800info@rossarimail.comVisit Website