VALUATION. 58.5x. Map/revenue multiple. The return on capital employed (RoCE) stood at 24.79 per cent for FY20, 50.93 per cent for FY19 and 34.68 per cent for FY18. Inventory turnover ratio : - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. Rossari Biotech Ltd. operates as a specialty chemicals manufacturing company. In addition Rossari Biotech Serves Customised Solution to other Segment like Animal feed/food, Fast Moving Consumer Goods Industries by proving various Diversified and specialist product portfolio. IPO Date. NEW DELHI: The Rs 496 crore Rossari Biotech IPO hit the primary market this morning. See fundamentals, technicals, peer comparison, shareholding change The minimum order quantity is 35 Shares. Rossari Biotech is the largest manufacturer of textile specialty chemicals in India (Source: F&S). Its current market capitalisation stands at Rs 4295.08 Cr. Rossari Biotech was founded in the year 2003 as a partnership firm in the name of Rossari Labtech by Edward Walter Menezes and Sunil Srinivasan Chari, who are both career-technocrats cumulatively having more than 45 years of experience in the specialty chemicals industry. PE Valuation. The asking valuations are a … Rossari Biotech's debt-equity ratio stood steady at 0.23 across FY2018-2020, the company said in its DHRP. Valuation. IPO Price Band: Rs. Rossari reported a return on net worth of 31.79 per cent for FY20, , 43.32 per cent for FY19 and 34.08 per cent FY18. Rossari Biotech shares will be listed on the NSE and BSE Rossari Biotech IPO subscribed 90% by noon on Day 2. Is Rossari Biotech undervalued compared to its fair value and its price relative to the market? Rossari Biotech: Overview. Rossari Biotech Ltd.-ROSSARI, BSE:543213 Latest news, stock scores, research reports and price movements. Rossari Biotech's IPO details. The IPO opens on Jul 13, 2020, and closes on Jul 15, 2020.. Link Intime India Private Ltd is the registrar for the IPO. If someone wants to invest for a long-term wealth creation, ‘Bharat Bond ETF, Rossari Biotech, and Yes Bank IPO are preferred choice filtered on the basis of wealth creation/protection of capital. Its specialty chemical peers such as Galaxy Surfactants, Fine Organics, Aarti industries, Atul and Vinati Organics are currently trading at F.Y.2020 P/E … Rossari Biotech operates in India as well as in 17 foreign countries including Vietnam, Bangladesh, and Mauritius. Rossari Biotech stake sale worth Rs 496 crore on the first day of its price band IPO i.e.,July 13, received bids for about 60 per cent or 49,30,030 shares of 81,73,530 issued shares on the block. Rossari Biotech IPO Details. Rossari Biotech is one of the leading speciality chemicals manufacturing companies in India providing customized solutions to the specific industrial and productional requirements in the FMCG, poultry, apparel, and animal feed industries through its wide range of product portfolio comprising home, personal care, and performance chemicals; textile … The company is in the process of establishing new manufacturing, unit at the Dahej Gujarat with a proposed installed capacity of 132,500 MTPA ... Rossari biotech is one of the leading manufacturing companies and a well-known brand in Indian specialty chemicals market, offering large portfolio of chemicals and enzymes. 423-425 per share. Coronavirus impact on Rossari Biotech The initial public offering (IPO) of Rossari Biotech, a speciality chemicals manufacturing company, can be given a miss. 423 - Rs. ... Valuation and Investment outlook. However, the company didn't clarify on its December 2019 estimated valuation. The issue is priced at ₹423 to ₹425 per equity share. Share Price vs. Fair Value. Rossari Biotech denied it had cut its valuation. 3.Financial details: In fiscal 2020, Rossari Biotech registered a total revenue of Rs 603.82 crore, EBITDA of Rs 104.53 crore and net profit after tax of Rs 65.25 crore. Price to Earnings (PE) ratio. 496 crore via an IPO of equity shares of Rs. Know about Rossari Biotech peers and competition. Rossari Biotech IPO is a main-board IPO of 11,682,033 equity shares of the face value of ₹2 aggregating up to ₹496.49 Crores. “We… have not trimmed our valuations. Its today's share price is 830.45. Key things to know 3 min read. 425. Compare valuation, technicals, and forecasts of Rossari Biotech Ltd against its competitors Mumbai-based Rossari Biotech, a speciality chemical manufacturer, has received market regulator SEBI’s approval for its Initial Public Offering (IPO). Its product portfolio comprises of home, personal care & performance chemicals, textile specialty chemicals, and animal health and nutrition products. Company sells specialty chemicals for the entire value-chain starting from fiber, yarn to fabric, wet processing and garment processing and manufactures/sells ~1,520 products. Rossari Biotech has a D/E ratio of 0.236509097591055 which means that the company has low proportion of debt in its capital. Rossari Biotech – Home, personal care and performance chemicals They are the leading manufacturer of acrylic polymers in India and currently manufacture over 300 products for their customers in the soaps and detergent, paints, inks and coatings, ceramics and tiles, water treatment chemicals and pulp and paper industries. At the higher end of the Rs 423-425 price band, the specialty chemicals manufacturer is seeking a valuation of 19.9 times FY20’s EV/Ebitda and 33.1 times earnings per share on a FY20 basis. Issue Size. Rossari Biotech is a leading manufacturer of acrylic polymers in India and currently manufacture over 300 products for our customers in the soaps and detergent, paints, inks and coatings, ceramics and tiles, water treatment chemicals and pulp and paper industries. ABOUT US Rossari Biotech Limited Minimizing the ecological footprint of manufacturing while maximizing customer benefits. We are amongst India’s leading textile and specialty chemical manufacturers based on sales of fiscal 2019 with over a decade history of … Subsequently, by June 2009, the partnership firm was changed to a private company Rossari Biotech Limited. Jul 13, 2020 - Jul 15, 2020. In February 2020 we did our pre-IPO placement… at Rs 425 per share and even now our IPO is priced at Rs 425 per share,” the company said. Rossari Biotech's intrinsic value calculated by icTracker using Intellectual Capital analysis PE of Rossari Biotech: At Low Price - 31.97 At High Price - 32.1. 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