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IPO Snapshot
Rossari Biotech Ltd.
Issue Open Date 13-Jul-20  
Issue Closing Date 15-Jul-20  
Application Money 100  
Allotment Money  
Price Band 423 - 425  
Minimum Bid Quantity. 35  
Issue Size (Shares) 11682020  
Market Lot 1  
Objective :
The net proceeds of the Fresh Issue, i.e. Gross proceeds of the Fresh Issue less the Offer Expenses apportioned to our Company (“Net Proceeds”) are proposed to be utilised in the following manner:1. Repayment/prepayment of certain indebtedness availed by our Company (including accrued interest);2. Funding working capital requirements; and3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1751471   420059220   239.83  
Qualified Institutional Buyers   2335294   199114615   85.26  
Retail Individual Investors   2335294   199114615   85.26  
Business Description
Promoter's Holding
Total Share Capital   48400000  
Offered to Public    
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
Address
201 A - B
2nd Floor
Akruti Corporate Park
L. B. S. Marg
Next To Ge Gardens
Kanjurmarg (W)
Mumbai ,
Maharashtra ,
400079
Phone : 022 61233800
Email : chari@rossarimail.com/cs@rossarimail.com
Website : www.rossari.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
ICICI Securities Ltd
Promoters
Edward Walter Menezes
Sunil Srinivasan Chari