Rossari Biotech IPO to hit the market on 13 July 2020 and closes on 15 July 2020. The market conditions are stable now but still due to Covid-19 we can expect a few ups and downs in the market. The company looks good and the grey market is active but the confidence in the primary market is still weak. This is the first IPO since Anthony Waste which was postponed due to low responses. Let’s see how this IPO will get the attention of the investors. Check
Rossari Biotech IPO GMP day by day.
Latest Update: Rossari Biotech IPO subscribed 79.37x times on final day in which QIB 85.26x times, HNI 239.83x times and RII Retail 7.23x times.
Rossari Biotech IPO Subscription Numbers
(Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.41x | 2.75x | 85.26x |
| HNI | 0.11x | 4.34x | 239.83x |
| RII | 0.92x | 2.51x | 7.23x |
| EMP | N/A | N/A | N/A |
| Total | 0.60x | 2.97x | 79.37x |
Rossari Biotech IPO Dates & Price Band:
| IPO Open: | 13 July 2020 |
| IPO Close: | 15 July 2020 |
| IPO Size: | Approx ₹500 Crore |
| Face Value: | ₹2 Per Equity Share |
| Price Band: | ₹423 – ₹425 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 50% |
| Equity: | 11,682,033 Shares |
Rossari Biotech IPO Market Lot:
| Lot Size: | Minimum 35 Shares & Maximum 455 Shares |
| Minimum Amount: | ₹14875 |
| Maximum Amount: | ₹193375 |
Rossari Biotech IPO Allotment & Listing:
| Basis of Allotment: | 20 July 2020 |
| Refunds: | 21 July 2020 |
| Credit to Demat Account: | 22 July 2020 |
| Listing Date: | 23 July 2020 |
