
Specialty Chemicals & Chemical Manufacturing · NSE / BSE
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.
Price Band
₹423 – ₹425
Issue Size
₹496 Cr
Lot Size
35 shares
GMP
Est. Listing
₹425
at current GMP
Subscribed
—
Open
13 Jul 2020
Close
15 Jul 2020
Allotment
21 Jul 2020
Refund
22 Jul 2020
Demat Credit
23 Jul 2020
Listing
23 Jul 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 5,841,059 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,752,318 | — | 0.00x |
| Retail Individual (RII) | 4,088,741 | — | 0.00x |
| Total | 11,682,118 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 116,821 | 116,821 | 1.00x |
| HNIs (10L +) | 747 | 747 | 1.00x |
| HNIs (2-10L) | 3,576 | 3,576 | 1.00x |
| Total Applications | 121,144 | 121,144 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Rossari Biotech Limited is bringing an initial public offering (IPO) in the Specialty Chemicals & Chemical Manufacturing sector with an aggregate issue size of ₹496.49 Crores. The shares are offered at a price band of ₹423 to ₹425 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2020-07-15, the basis of allotment is scheduled to be finalized on 2020-07-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Currently, Rossari Biotech Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹423 to ₹425 per equity share.
The retail lot size is 35 shares requiring a minimum application amount of ₹14,875. Expected listing price is ₹425 per equity share.
The Rossari Biotech Limited IPO aggregate issue size is ₹496.49 Crores with an equity price band set at ₹423 to ₹425 per equity share. The retail lot size is 35 shares requiring a minimum capital outlay of approx. ₹14,875.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2020-07-21. Investors can verify status using PAN card or application number.
Rossari Biotech Limited shares are scheduled to list on NSE and BSE on 2020-07-23.