Exchanges
BSE, NSE
Issue
Book building

Rossari Biotech IPO

₹741.65

+74.51% on listing

Listing-day close · NSE · 23 Jul 2020 · issue price ₹425

Rossari Biotech’s ₹496 crore IPO was priced at ₹425 a share. It listed on the NSE on 23 Jul 2020 and closed its first day at ₹741.65, up 74.51% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹496 Cr
Fresh issue
₹50 Cr
Offer for sale
₹446 Cr
Lot size
35 shares
Minimum investment
₹14,875
Face value
₹2
Registrar
MUFG Intime India

Subscription

Rossari Biotech IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—55.11×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,207 Cr
Promoter holding
95.06% → 72.69%

From the offer documents.

Listing

Listing date
23 Jul 2020
Issue price
₹425
Open
₹669.25
High
₹803.10
Low
₹664.00
Close
₹741.65

Listing day on the NSE. The close was +74.51% on the issue price.

ROSSARI share price today

FAQs

When did the Rossari Biotech IPO open and close?

It opened on 13 Jul 2020 and closed on 15 Jul 2020.

What was the Rossari Biotech IPO price?

The price band was ₹423–425 a share. The final issue price was ₹425.

What is the lot size and minimum investment?

One lot is 35 shares, ₹14,875 at ₹425 a share. Retail investors apply in whole lots.

How much did Rossari Biotech raise?

₹496 crore: ₹50 crore of new shares and ₹446 crore offered by existing shareholders.

How many times was the Rossari Biotech IPO subscribed?

55.11 times overall.

How did Rossari Biotech list?

It listed on the NSE on 23 Jul 2020 at ₹669.25 and closed the day at ₹741.65, up 74.51% on the ₹425 issue price.

Who is the registrar of the Rossari Biotech IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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