India’s Largest Chemical Company Rossari Biotech IPO Subscription Opening on 13 July 2020
Parras S Gabaa
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IPO investments are one of the most rewarding and long-awaited investments for most of the money makers of the nation. Probably, it is considered a far better option than secondary markets. We all know that the IPO market saw a huge silence after the launch of the SBI Cards IPO in 2020. Now, after a long halt in the Indian IPO market, specialty chemical company Rossari Biotech Limited IPO is now opening for subscriptions from 13 July 2020 for a lot of size of 35 shares with the issue price range of INR 423 – 425. Due to the pandemic condition of COVID19, the IPO launch date was postponed, which was scheduled for 18 March 2020. The listing data for Rossari Biotech’s mainboard IPO has been scheduled for 23 July 2020.
As per reports from IPO Corner, the public issue of Rossari Biotech’s mainboard IPO will have a size of approx. INR 500 Cr. The closing date of the Rossari Biotech Upcoming IPO will be 15 July 2020, and the issue will comprise of a fresh sale of 1,05,00,000 equity shares. Most of the investors who are waiting for a long time to invest in the Indian IPO market can now invest their funds for one of the best renowned and largest specialty chemical company in India. Let’s know a few more details for the Rossari biotech mainboard IPO so that you can have a hefty investment opportunity.
Rossari Biotech IPO – Know the Company Details
Rossari Biotech is a renowned name in the field of textile specialty chemical industry as the largest manufacturer of India. It offers mainly products in the categories of personal care, home care, textile chemicals, animal health, and nutrition products. The company is already involved in the international operations of its business in 17 countries, including but not limited to Mauritius, Vietnam, and Bangladesh. A recent F&S report dated 30 Sept 2019 states the company has the nation’s largest textile specialty chemical manufacturer.
Read more, about Rossari Biotech IPO at WEXT India Ventures