Rossari Biotech Ltd IPO Message Board (Page 27)

I could not find ROSSARI in axis bank IPO list. When I tried to file an IPO I found only two, But I couldnt find ROSSARI..
What am I missing??

It's opening from tomorrow, try on tomorrow after 9-10am

I went through all messages, I didn't find any talk about the Chinese connection. Neither does the news talk. Does the company source any products from China? Or do they sell anything there?

A trade war with China is sure for india, either directly or indirectly through the US. So gurus, can you tell us please.. How much does this company gets impacted by Chinese investments/market

Respected Dharmesh sir ,
Company has already clarified on chinese connection , they have hardly import of some raw materials amounting less than 5%,

Dear experts
I have fund shortage and so I can either apply for Rossari or yes bank. I can't apply for both ipo. Please suggest me which one to pick.

Go for BHEL. Will give decent returns in near future.

Yes Bank definitely better to apply if not Rossari

Market is waiting for a trigger to fall. Be cautious.

.


Rossari Biotech IPO – *Market’s Current Estimates of oversubscription*:

RII = 10L Forms = 8.56X Applic. wise (Avg allotment of ~4.09 shares per lot)
NII = 17K Crs. = ~228.38X

Interest cost *@7.50%p.a.* for 7days = 61.13 paise for 1X

Thus, for NII the costing = 228.38 X 61.13paise = Rs.139.61 per share (= GMP)

And, for RII the costing = 4.09 X 139.61 = Rs. ~571/- (= Kostak)

Rossari Biotech IPO – *GMP Estimated*
GMP 140 +/- 2
Kostak 575 +/- 25

Rossari Biotech IPO

GMP 140 +/- 2
Kostak 575 +/- 25

Under which heading can I view Grey Market Premium for Rosario Biotech Ltd?

Pl talk to your broker to know GMP

where from can I buy GMP shares?

rosary int 500/525

Jain's will not participate in this ipo because of animal's use for making chemicals of this company

Naam Rose jaisa aur maal Gosh jaisa.
BTW can you give reference where it is pointed out in RHP ?

Infact animal lovers should subscribe to this ipo as it formulates many products in animal health and Nutrition. Has a range of food products for pets.
You can check below link:
https://www.rossari.com/our-businesses/animal-health-nutrition/

IPO Name Offer Price      Premium      Kostak      Subject to Sauda
Rossari        423-425      130-135      400-425      2700-2800
Yes Bank                   900      2700

I have asked every broker.Nobody is buying at GMP.They stuck in previous IPO.
Even a new kid can say this is overvalued IPO.Wait for the next IPO.

Rossari biotech ipo
Gmp 125 - 128 rs
Application rate 650 - 700.

The anchor investors include Abu Dhabi Investment Authority, HDFC Mutual Fund, Axis Mutual Fund, ICICI Prudential Mutual Fund, SBI Mutual Fund, Sundaram Mutual Fund, HDFC Life Insurance Company and Goldman Sachs India


This sector is favourite of domestic fund only.

Anchor list explained that FIIs not much interested

Anchors investors has bid around 150cr

Under which heading can I view Grey Market Premium for Rosario Biotech Ltd?

Rossari Biotech IPO
GMP 120 +/- 2

It will be listed as SBI Card

https://m.economictimes.com/markets/stocks/news/days-ahead-of-ipo-rossari-biotechs-unlistedshares-demanding-35-premium-in-grey-market/articleshow/76869931.cms

Though company is good, but GMP looks fake as per current market scenario.

Pricey issue. Will it prove to be SBI cards ?