Rossari Biotech Ltd IPO Message Board (Page 29)

Rossari Grey Market Premium up
80- 84 @ 05:30pm 08/07/2020

Rossari Biotech

Fix 400/- (Minimum Lot)

&

Sub2to Rs.2250/- (Minimum Lot)

Any comparison with listed competitors?

Rosary 120/125

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Personal Marketing not allow. You are going to block soon

The thing is whatever a blogger wants to post he can post. Market will not behave as per bloggers's mood or article. Market has it's own way of movement...

Why not much discussions here? Where are all IPO experts?

Price band Rs. 423-425

Tamil Nadu Newsprint & Papers Limited has informed the Exchange that Board of Directors at its meeting held on Jun 30, 2020, recommended Final Dividend of 6 per equity shar

IPO UPDATES-(Tentative)
1.YES BANK-10th july(OFS)
2.ROSSARI BIOTECH-13-15 July
3.UTI AMC-August 1st week

YES BANK........ IT IS NOT AN OFS,RATHER IT IS A FPO.

YES BANK FPO IS ALSO ON THE WAY, AS I EARLIER TOLD. IT IS A FPO.

Good ipo.

Rossari Biotech IPO – Issue Information *(Tentative)*

Issue Opens on: 13 July 2020
Issue Closes on: 15 July 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,16,76,470 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.400 – Rs.425 per Share
Market Lot: 35 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 5,07,52,920 Shares
Offer for Sale of 1,05,00,000 @425/- = Rs.446.25 Crs
Fresh Issue of 11,76,470 @425/- = Rs. 50.00Crs
Equity Shares outstanding after the Issue = 5,19,29,390 Shares

Category-wise Break up:
Anchor – 35,02,941 Shares = 148.87Crs
QIB – 23,35,294 Shares = 99.25Crs
NII – 17,51,470 Shares = 74.44Crs
RII – 40,86,765 Shares = 173.69Crs (Lot size: 35 = 1,16,765 Forms)
Total Issue – 1,16,76,470 Shares = 496.25Crs.

Subscription required for 1X
RII = 1,16,765 Forms
NII = 74.44 Crs

..

Rossari Biotech IPO – Schedule *(Page #316 of the RHP)*

08th July – Announcement of Price Band
10th July – Anchor Investors Allotment
13th July – Offer Opens
15th July – Offer Closes
20th July – Finalisation of Basis of Allotment
21st July – Unblocking of ASBA Accounts
22nd July – Credit of Equity Shares to Depository Accounts
23rd July – Commencement of Trading on NSE/BSE

Rossari Biotech IPO – Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.02.95 (Page #93 of oldRHP)
EPS for FY17-18 >>> Rs.05.25 (Page #92 of newRHP)
EPS for FY18-19 >>> Rs.09.44 (Page #92 of newRHP)
EPS for FY19-20 >>> Rs.13.42 (Page #92 of newRHP)

RoNW for FY16-17 >>> 23.05% (Page #93 of oldRHP)
RoNW for FY17-18 >>> 34.08% (Page #93 of newRHP)
RoNW for FY18-19 >>> 43.32% (Page #93 of newRHP)
RoNW for FY19-20 >>> 31.79% (Page #93 of newRHP)

NAV as on March 31, 2020 was Rs.56.48 (Page #93 of newRHP)

Listed Industry Peer Group (Page #93 of newRHP):
Aarti Industries, Vinati Organics, Atul, Galaxy Surfactants, Fine Organics Industries

*(OLD RHP is dated 07th March 2020)* & *(NEW RHP is dated 04th July 2020)*

.



Rossari Biotech IPO – Schedule *(Tentative)*

08th July – Announcement of Price Band
10th July – Anchor Investors Allotment
13th July – Offer Opens
15th July – Offer Closes
20th July – Finalisation of Basis of Allotment
21st July – Unblocking of ASBA Accounts
22nd July – Credit of Equity Shares to Depository Accounts
23rd July – Commencement of Trading on NSE/BSE


Rossari Biotech IPO – Issue Information *(Tentative)*

Issue Opens on: 13 July 2020
Issue Closes on: 15 July 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,16,76,470 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.400 – Rs.425 per Share
Market Lot: 35 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 5,07,52,920 Shares
Offer for Sale of 1,05,00,000 @425/- = Rs.446.25 Crs
Fresh Issue of 11,76,470 @425/- = Rs. 50.00Crs
Equity Shares outstanding after the Issue = 5,19,29,390 Shares

Category-wise Break up:
Anchor – 35,02,941 Shares = 148.87Crs
QIB – 23,35,294 Shares = 99.25Crs
NII – 17,51,470 Shares = 74.44Crs
RII – 40,86,765 Shares = 173.69Crs (Lot size: 35 = 1,16,765 Forms)
Total Issue – 1,16,76,470 Shares = 496.25Crs.

Subscription required for 1X
RII = 1,16,765 Forms
NII = 74.44 Crs


Rossari Biotech IPO – Financial Information (Basis of Valuation)
*(Reference is OLD RHP dated 07th March 2020)*

EPS for FY16-17 >>> Rs.02.95 (Page #93 of oldRHP)
EPS for FY17-18 >>> Rs.05.25 (Page #93 of oldRHP)
EPS for FY18-19 >>> Rs.09.44 (Page #93 of oldRHP)
EPS for 9M19-20 >>> Rs.10.21 (Page #92 of oldRHP)

RoNW for FY16-17 >>> 23.05% (Page #93 of oldRHP)
RoNW for FY17-18 >>> 34.08% (Page #93 of oldRHP)
RoNW for FY18-19 >>> 43.32% (Page #93 of oldRHP)
RoNW for 9M19-20 >>> 45.30% (Page #93 of oldRHP)

NAV as on December 31, 2019 was Rs.35.42 (Page #93 of oldRHP)

Listed Industry Peer Group (Page #94 of oldRHP):
Aarti Industries, Vinati Organics, Atul, Galaxy Surfactants, Fine Organics Industries

2,352,920       Pre-IPO Placement of Equity Shares @425 on 27th February 2020

352,930       Axis New Opportunities AIF-I
235,300       ICICI Lombard General Insurance Company Limited
235,300       IIFL Special Opportunities Fund – Series 4
352,930       India Acorn Fund Limited
352,930       Infina Finance Private Limited
299,990       Malabar India Fund Limited
52,940       Malabar Value Fund
11,766       Mirae Asset Equity Savings Fund
47,060       Mirae Asset Health Care Fund
176,474       Mirae Asset Mid Cap Fund
44,471       Sundaram Mutual Fund A/C Sundaram Emerging Small Cap – Series I
24,941       Sundaram Mutual Fund A/C Sundaram Emerging Small Cap – Series II
23,765       Sundaram Mutual Fund A/C Sundaram Long Term Tax Advantage Fund – Series – III
37,887       Sundaram Mutual Fund A/C Sundaram Select Micro Cap Series – XIV
42,588       Sundaram Mutual Fund A/C Sundaram Select Micro Cap Series – XV
30,824       Sundaram Mutual Fund A/C Sundaram Select Micro Cap Series – XVI
30,824       Sundaram Mutual Fund A/C Sundaram Select Micro Cap Series – XVII

PB around 420-425

YES BANK OFS OR FPO. PLEASE CLARIFY

Dear Admin,
It is taking some time for new messages to appear. Pl check.

Dear Mr Amit,
The issue is now resolved. Thx for reporting.

Hi, Any update for ipo price and face value?

Price band will be announced on 8th July.