About Rossari Biotech Ltd. (RBIO) 

Rossari Biotech established in 2003 is into specialty chemicals manufacturing, providing customized solutions to specific industrial and production requirements of our customers primarily in the FMCG, apparel, poultry and animal feed industries through our diversified product portfolio comprising home, personal care and performance chemicals; textile specialty chemicals; and animal health and nutrition products. Company operates from India along with operations in around 17 countries including Vietnam, Bangladesh and Mauritius.
 

Product categories:
  • Home, personal care and performance chemicals;
  • Textile specialty chemicals; and 
  • Animal health and nutrition products.. 

Manufacturing Facility:
  • Silvassa (Union Territory of Dadra & Nagar Haveli): The Silvassa Manufacturing Facility, located on 8.6 acres of land, has an installed capacity of 100,000 MTPA with an additional capacity of 20,000 MTPA in the process of being installed by March 2021
  • Dahej (Gujarat): In process of setting up facility at Dahej (Gujarat) with proposed installed capacity of 132,500 MTPA which will enjoy proximity to the deep-water, multi-cargo port of Dahej. The proposed state-of-the-art facility will be well-equipped with advanced technologies and will be commissioned in Fiscal 2021.

R&D Centres:
  • Silvassa
  • Mumbai

Financials:

In the six months ended September 30, 2019, Fiscal 2019, Fiscal 2018 and Fiscal 2017
Total revenue of Rs 2,797.66 million, Rs 5,171.24 million, Rs 3,004.29 million and Rs 2,605.97 million. Total revenue from Fiscal 2017 to Fiscal 2019 grew at a compound annual growth rate (CAGR) of 41.07%

EBITDA of Rs 506.26 million, Rs 776.28 million, Rs 426.34 million and Rs 239.92 million. EBITDA (from Fiscal 2017 to Fiscal 2019) at a CAGR of 79.87% 

Net profit after tax of Rs 319.00 million, Rs 456.83 million, Rs 254.03 million and Rs 142.85 million. Profit after tax (from Fiscal 2017 to Fiscal 2019) grew at CAGR of 77.83%. 

Return on Net Worth at 46.09%, 43.32%, 34.08% and 46.09% 

Return on Capital Employed of 22.44%, 34.68%, 50.93% and 38.65%


Website: Click here

Management:
Name
Designation
Edward Meneze
Executive Chairman
Sunil Chari
MD
Puneet Arora
CEO - Textile Chemicals
Manasi Nisal 
Chief Financial Officer    



IPO Snapshot: 
Particulars
Details
Dates13-Jul-2020 to 15-Jul-2020
Face ValueRs2/share
Price Band
Rs423 - Rs 425/share
Discount
Nil
Bid lot
35 shares and multiples
ListingNSE & BSE
Mode of Payment
UPI / ASBA (Mandatory)


Issue Details: 
Issue SizeRs4,962.5 mn
QIB50%
NIB15%
Retail35%



Objects of the issue:
  • Rs 650 million: Repayment/prepayment of certain indebtedness availed (including accrued interest)
  • Rs 500 million: Funding working capital requirements
  • General Corporate Purpose

Subscription
Categpry Subscription
QIB 85.26x
NII 239.83x
Retail 7.23x
Total 79.37x

Registrar

: Link Intime India Pvt. Ltd.

Allotment Status

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