Rossari Biotech Ltd IPO

Closed

Subscription Details

  • Open Date 13 Jul
  • Close Date 15 Jul
  • Lot Size 35
  • IPO Size ₹ 496.25 Cr
  • IPO Price Range ₹ 425
  • Min Investment ₹ 14875

Rossari Biotech Ltd IPO Timeline

Open Date
13 Jul
Close Date
15 Jul
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial Public Offering of 11,676,470 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. 425 per equity share (including a share premium of Rs. 423 per equity share) (the offer price) aggregating to Rs. 496.25 Crores comprising a fresh issue of 1,176,470 equity shares aggregating to Rs. 50* Crores (the fresh issue) and an offer for sale of 10,500,000 equity shares (the offered shares) aggregating to Rs. 44.63 Crores, comprising an offer for sale of 5,250,000 equity shares aggregating to Rs. 22.31 Crores by Mr. Edward Menezes and 5,250,000 equity shares aggregating to Rs. 22.31 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 22.49% 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

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Rossari Biotech Ltd IPO

Contact Information

Address

201 A-B 2nd Floor LBS Marg,
Akruti Corporate Park Kanjur(W,
Mumbai, Maharashtra 400079

Rossari Biotech Ltd IPO Lead Manager

Axis Capital LtdICICI Securities Ltd

Open Demat Account