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IPO Synopsis IPO   > IPO Synopsis
As on : Apr 25,2024 11:49 AM
Rossari Biotech Ltd
Registered Office: 201 A-B 2nd Floor LBS Marg,Akruti Corporate Park Kanjur(W, Mumbai - 400079, Maharashtra, India.
Phone : 91-22-6123 3800   Fax:91-22-2579 6982
Email :    
Website :  
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-20 15-Jul-20 (Rs) 425.00 (Rs) 0.00
Minimum Application for shares in Nos : 35   Further Multiples of : 35
  Lead Managers to the Issue
Project Cost (Rs.Cr) 0.00 Axis Capital Ltd
Project Financed through Current Offer (Rs.Cr) 496.25  
Post Issue Equity Share Capital (Rs.Cr) 10.39  
Issue Price (Rs) 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
No Data Available