Rossari Biotech Ltd IPO - Details

rossari biotech ipo
About the company

Rossari Biotech is one of the leading specialty chemical manufacturing companies in India. It provides customized solutions to the apparel, animal & poultry feed, and FMCG industries by offering a diversified product portfolio.

IPO Dates ,Types & Price details


13-Jul-2020 to 15-Jul-2020

Listing on BSE & NSE

IPO Size

(Rs.444.15 – 446.25 crore)


Price Range

Rs. 423 -425 Per Share

IPO Type

100% Book Building

Retail Portion : 35%


35 Shares and in multiples of 35.

Minimum Amount: ₹14,805 

Face Value

Rs. 2 


Financial Performance

Assets – 1308.94
Revenue – 2605.97
PAT – 142.85

Assets – 1649.5
Revenue – 3004.29
PAT – 254.03

Assets – 2489.45
Revenue – 5171.24
PAT – 456.83

Assets – 4715.15
Revenue – 6038.18
PAT – 652.53

Valuation of Rossari Biotech

Earnings Per Share (EPS): INR13.42
Price/Earnings (PE ratio): 33.81 Market Cap : 2207 Crore

Return on Net Worth (RONW): 31.79%

Net Asset Value (NAV): INR56.48 per share

Contact details

IPO Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270

IPO Lead Managers

  • Axis Capital Limited
  • ICICI Securities Limited

Company Address

Rossari Biotech Ltd

201 A – B, 2nd Floor,
Akruti Corporate Park, L.B.S. Marg,
next to GE Gardens, Kanjurmarg (W), Mumbai 400 079
Phone: +91 22 6123 3800
Email: Website:

Rossari Biotech IPO Subscription Details

CategoryNo of Shares
Qualified Institutional Buyers(QIBs)23,35,2942,27,95549,15,01513,47,10,520
Non Institutional Investors (NIIs)17,51,4701,38,0405,71,51522,73,28,360
Retail Individual Investors(RIIs)40,86,76517,05,830 39,49,0501,03,18,980
Total81,73,53020,71,82594,35,580 37,23,57,860
Subscription Times-0.251.1545.56
Source: NSE India

Post Subscription Details​

Finalisation of Allotment


Click on this link to get allotment status.

Initiation of refunds


Transfer of shares to demat accounts


Listing Date


Opening Price on NSE


Closing Price on NSE


AUTHOR’S Final Note :

Considering the PAT growth YoY, IPO looks attractive. But the PE ratio greater than 30, IPO comes under High priced band.

For the High risk Investors, IPO is definitely worth a risk to apply and look for Listing gains. 

Read here on How to apply IPO via Zerodha ?

For Low risk investors, Avoid this IPO in this turbulent market. 

Grey Market Premium : 

GMP was around 130 which is good indicator for the decent Listing gain.

What is Grey Market Premium and how it works

Additional Reading :

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