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IPO Details


Rossari Biotech Ltd
Registered Office: 201 A-B 2nd Floor LBS Marg, Akruti Corporate Park Kanjur(W, Mumbai - 400079, Maharashtra
Phone: 91-22-6123 3800
Email: cs@rossarimail.com
Website: www.rossari.com
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
Issue Money Payable On
Opens On Closes On Application Allotment
13-Jul-2020 15-Jul-2020 425.00 0.00
Minimum Application for shares in Nos : 35 Further Multiples of : 35
()Cr. Lead Managers to the Issue
Project Cost 0.00 Axis Capital Ltd
Project Financed through Current Offer 496.25
Post Issue Equity Share Capital 10.39
Issue Price 425.00
Projects
Repayment/Prepayment of certain Indebtedness availed by the company (including accrued Interest)
Funding Working Capital Requirements
General Corporate Purposes
Promoted By
Edward Walter Menezes
Sunil Srinivasan Chari
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

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