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Initial Public Offering of (*) equity shares of face value of Rs. 2 each (equity shares) of Rossari Biotech Limited (the company or the issuer) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) (the offer price) aggregating up to Rs. (*) Crores comprising a fresh issue of (*) equity shares aggregating up to Rs. 50* Crores (the fresh issue) and an offer for sale of up to 10,500,000 equity shares (the offered shares) aggregating up to Rs. (*) Crores, comprising an offer for sale of up to 5,250,000 equity shares aggregating up to Rs. (*) Crores by Mr. Edward Menezes and up to 5,250,000 equity shares aggregating up to Rs. (*) Crores by Mr. Sunil Chari (the promoter selling shareholders or the selling shareholders), (the offer for sale, and together with the fresh issue, the offer). The offer shall constitute (*)% of the post-offer paid up equity share capital of the company. The company has, in consultation with the book running lead managers (brlms), undertaken a private placement of equity shares aggregating to Rs. 99.999 Crores (pre-ipo placement). The size of the fresh issue of up to Rs. 150 Crores has been reduced by Rs. 99.999 Crores pursuant to the pre-ipo placement and accordingly, the size of the fresh issue is up to Rs. 50. Crores Price band: Rs.423 to Rs.425 The face value of the equity shares is Rs. 2 each and the offer price is (*) times the face value of the equity shares.
Company
Rossari Biotech Ltd
Issue Type
Book Building
Open Date
13 Jul
Close Date
15 Jul
Offer Price
423.00
Rossari Biotech is launching an IPO to raise Rs 496.49 Crores. Subject to certain rules, NRIs can also apply for this IPO.
The IPO is been issued in between Jul 13, 2020 - Jul 15, 2020. The lot size is 35 Shares and the minimum order quantity is 35 Shares.
The finalization of Basis of Allotment for Rossari Biotech IPO will be done on July 20, 2020, and the allocated shares will be credited to your demat account by July 22, 2020.
The listing date is not yet announced.
- Login to your 5paisa mobile app - Click on Trade & select IPO session - Select Rossari Biotech IPO - Enter the number of lots and price - Enter your UPI ID and click on submit - Your bid will be placed with the exchange - You will receive a notification to block funds in your UPI app - Approve the block request - On acceptance of the mandate, the bid amount will get blocked in your bank account. - On allotment, the blocked amount will get deducted from your bank account and shares will be credited into your Demat account. (As this process is 5paisa specific, we would recommend you to check for the process you need to follow if you are trading through any other broker.)
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