Rossari Biotech IPO to List on 23rd July on NSE and BSE

IPO Initial Public Offerings

Rossari Biotech IPO to list on NSE and BSE on 23rd July 2020, Thursday at 10:00 AM. As the market is very good and the company looks to make their positive listing on bourses. The things are looking positive for the list as per the subscription numbers. We can expect the stock to list around 580-600 level. The current grey market premium of Rossari Biotech looks like at 175-180 per share. When we look at the subscription numbers; QIB 85.26x times, HNI 239.83x times, and Retail around 7.23x times. Let’s see how Rossari Biotech will perform with listing gain.

Update: Rossari Biotech IPO listed with 58% Premium on NSE at ₹669.25 and BSE at ₹670.00 respectively. The investors got a very good listing gain as per the grey market premium. The stock hit the upper circuit to 804 after hitting a low of 663.55 in the early trade.

Rossari Biotech IPO Listing Price: Live Quote

DetailsBSE ListingNSE Listing
Listing Price
₹670.00
₹669.25
High Price
₹804.00
₹803.10
Low Price
₹663.55
₹664.00
Close Price
₹742.35
₹741.65

BSE Notice of Listing: Click Here

BSE Code543213
NSE CodeROSSARI
GroupB
ISIN NoINE02A801020
Offer Price₹425
Face Value₹2
Listing Date23 July 2020, Thursday

Rossari Biotech IPO Subscription Numbers
(Fully Subscribed)

CategoryDay 1Day 2Day 3
QIB0.41x2.75x85.26x
HNI0.11x4.34x239.83x
RII0.92x2.51x7.23x
EMPN/AN/AN/A
Total0.60x2.97x79.37x

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

Rossari Biotech IPO FAQs:

When is Rossari Biotech IPO Listing Date?

Rossari Biotech IPO listing date is 23 July 2020.

What will be Rossari Biotech IPO Listing Price

The IPO Listing price will be around 580-600 level.

Will Rossari Biotech will list on NSE and BSE?

Yes, The IPO to list on NSE and BSE both the indices.

What is a BSE and NSE Code for the Rossari Biotech IPO?

The BSE Code is 543213 while NSE Code is ROSSARI.

    Share the Post:
    Facebook
    Twitter
    LinkedIn