Rossari Biotech is entering the primary market on Monday 13 th July 2020, to raise Rs. Rossari Biotech IPO: Mubai-based Rossari Biotech's public issue of Rs 500 crore has opened for subscription today and will remain open till July 15, 2020. The textile and specialty chemical manufacturing company has fixed a price band of Rs 423-425 per equity share. D/E is also less than 1, which is excellent. "There was a huge pent up demand for a primary offering as none had come in the last four months. What does the grey market trend suggest? NEW DELHI: If one were to go by the signals from the grey market, shares of Rossari Biotech could debut on the stock exchanges in the Rs 575-Rs 605 range on Thursday, a 37-42 per cent premium over its issue price of Rs 425. Grey market premium as on 21-07-2020 = Rs 160-165/Share. Specialty chemicals manufacturer Rossari Biotech will open its initial public offering (IPO) on July 13, with a price band of Rs 423- Rs 425 per share. 43.50 Crores and offer for sale of up to 11,682,033 equity shares.The company has its headquarter in Mumbai, Maharashtra. The price varies by the demand and supply of IPO shares on the day of listing. Note: This page is a discussion forum. Laxmi Organic to launch Rs 800-cr IPO following strong listing by Rossari Biotech, Chemcon Speciality In the unlisted space, shares of Mrs Bectors Food have … This Forum Created for the Purpose of Discussion of Current IPO Analysis, IPO Rating and Reviews, Expected Listing Price of IPO in Stock Market Debut, Discussion of Grey Market Premium of IPO Share -GMP, Kostak Price of IPO Application. Rossari Biotech Limited IPO: The company was founded in 2003 as a partnership firm as a specialty chemical industry. Grey market premium as on 20-07-2020 = Rs 160-165/Share. 423 – 425 Per Share: Rs. Price range for Rossari Biotech IPO has been fixed at Rs 423-425 per share. 19. Rossari Biotech is one of the leading specialty chemical manufacturing companies in India based on sales for Fiscal 2019. Three prominent brokerages have positive comments on the company given it's primary business.Get latest Market online at cnbctv18.com Watch Rossari Biotech IPO Analysis, news, listing date 2020 , Alotment and schedule in full details from analysis expert Ashish Mehta. Grey market premium as on 22-07-2020 = Rs 175-180/Share. The three-day share sale will close on July 15, seeking to raise nearly Rs 496 crore. The Rossari Biotech IPO shares will list on Jul 23, 2020 at BSE, NSE. By: Surbhi Jain | December 16, 2020 3:58 PM. 135/- per share (Jul 21, 2020) Note : IPO GMP (Grey Market Premium) can’t be used for taking any sort of decision, investors should proceed carefully and do there own study and analysis before proceeding further, GMP can’t be treated as basis for investment decision. Investors can bid in lot sizes of 35 shares Get more Companies … The Rossari Biotech IPO grey market premium is currently hovering above 40%, which suggests there could be a blockbuster listing on the cards. The result of which is clearly seen in the revenue growth. If there are more buyers than seller the prices goes up and vice versa. Price range for Rossari Biotech IPO has been fixed at Rs 423-425 per share. From September onwards, companies such as Rossari Biotech, Route Mobile, Happiest Minds Technologies and Burger King, along with many others, have tapped the market … At the upper end of price band, the IPO size is about Rs 496 crore. Share Market … Subscribe to Rossari Biotech IPO Fill the Details Below Rossari Biotech IPO Listing Price: Live Quote We are Online Platform of Discussion of Initial Public Offer – IPO of Indian Company. Just like the stock market and the commodity market trading, IPO grey market premium is decided on the basis of demand and supply. It was further renamed to Rossari Biotech Limited and converted into a company in 2009. In the grey market, Antony Waste Handling Cell shares were seen trading at Rs 354 apiece, up 12.4 per cent or Rs 39 over the issue price of Rs 315. Rossari Biotech IPO was open for bidding between July 13-15, and it was oversubscribed by 79 times. Specialty chemicals manufacturer Rossari Biotech will open its initial public offering (IPO) on July 13, with a price band of Rs 423- Rs 425 per share. The Rossari Biotech IPO Grey Market Premium price is 125-130, the Kostak rate is 400 and the Subject to Sauda is 2500. This Forus Discussion is not any advise or tip for any investment action. Grey market premium as on 18-07-2020 = Rs 155-160/Share … Issue Date: 13/07/2020 - 15/07/2020: Issue Size: Rs. In the pre-IPO market, the premium on the stock has shot up to Rs 140 on Wednesday, July 8 from Rs 20 on Monday, July 6. 550.00 Cr: Issue Price: Rs. Grey Market Premium of Rossari Biotech IPO Day by Day. Grey Market Price: Rossari Biotech IPO Grey Market Premium: Upcoming IPO 2020: Upcoming NCD 2020: Rossari Biotech IPO Dates & Price Band. 2 each, comprising fresh issue of up to Rs. Rossari Biotech IPO subscribed 60% on day 1; Trending stocks: Rossari Biotech shares down over 3%; Grey market signals 40% listing pop for Rossari Biotech tomorrow; We will continue with our successful differentiation strategy: Rossari Biotech; Rossari Biotech plans to launch Rs 500-crore IPO next week; Rossari Biotech gets Sebi nod for IPO Rossari Biotech Ltd IPO Details. Kostak Rate is the rate at which you can sell the IPO application for a fixed price irrespective to you get IPO allotment or not. Laxmi Organic to launch Rs 800-cr IPO following strong listing by Rossari Biotech, Chemcon Speciality . It is the leading manufacturer of acrylic polymers in India. You could check Rossari Biotech IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Price range for Rossari Biotech IPO has been fixed at Rs 423-425 per share. The IPO market timings are between 10 am and 5 pm. IPO Date: Price Band: IPO GMP: Rossari Biotech IPO: Jul 13 – Jul 15, 2020: Rs. The stock hit the upper circuit to ₹804 after hitting a low of ₹663.55 in the early trade. Grey market premium as on 19-07-2020 = Rs 155-160/Share. Rossari Biotech has invested close to ~131 Cr in the last 3 years in Plant, Property, and Equipment. Also Read: Here's how you can apply for IPO, both online and offline. 5. It is hard to say at what price Rossari Biotech IPO Shares will list. IPO Grey Market Premium (IPO GMP) is the premium at which the IPO shares are traded in the grey market. After a long pause, the initial public offering (IPO) market is set to witness some action this week with Rossari Biotech launching its IPO today. Also, it operates in 17 foreign countries including Vietnam, Bangladesh and Mauritius. Unlisted shares of the company are demanding up to 30-35 per cent premium over the IPO price in grey market or unofficial market for trading in unlisted shares. A few brokerages raised concerns over the company's near-term future, meanwhile most of them remained bullish about the issue given it's primary business of specialty chemicals and HPPC (home and personal care) segment. The IPO page of Rossari Biotech Ltd. captures the details on its Issue Open Date, Issue Close Date, Listing Date, Face Value, Price band, Issue Size, Issue Type, and Listing Date's Open Price, High Price, Low Price, Close price and Volume. Rossari Biotech IPO will start on 13 July 2020 and will close on 15 July 2020.Rossari Biotech Ltd is coming up with a 500 crore IPO. It also captures the Holding Period Returns and Annual Returns. 496 crore via an IPO of equity shares of Rs. 50 crore and an offer for sale (OFS) of up to 1.05 crore by the promoters, in the price band of Rs. Valuation As on 08.07.2020, Rossari Biotech has 5,07,54,096 outstanding shares in the balance sheet. So, let us answer a few FAQs in regarding ” IPO Grey Market Premium” Q Who decides the IPO grey market price. 423-425 per share. The investors got a very good listing gain as per the grey market premium. Rossari Biotech IPO - Grey Market, GMP & Reviews. Update: Rossari Biotech IPO listed with 58% Premium on NSE at ₹669.25 and BSE at ₹670.00 respectively. On an upper price band of Rs 425, ... Rossari biotech is one of the leading manufacturing companies and a well-known brand in Indian specialty chemicals market, offering large portfolio of chemicals and enzymes. The IPO will come with a fresh issue of Rs. This was a fresh company from a sector which already enjoys premium valuations and this company in particular had the added flavour of personal health and hygiene attached to it," market analyst Arun Kejriwal said. When is Rossari Biotech IPO listing? 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