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Rossari Biotech Ltd

Rossari Biotech Ltd

    Registered Office : 201 A-B 2nd Floor LBS Marg,Akruti Corporate Park Kanjur(W,Mumbai Maharashtra 400079 Phone : 91-22-6123 3800
    Fax : 91-22-2579 6982

    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

Opens On

Closes On

13-Jul-2020

15-Jul-2020

Money Payable On

Application

Allotment

425.00

0.00

Minimum Application for shares in Nos : 35.0 Further Multiples of : 35.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

496.25

10.39

425.00

Axis Capital Ltd

ICICI Securities Ltd

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
  • MUFG Intime India Pvt Ltd