Rossari Biotech Ltd IPO Message Board (Page 3)

Hit 20% upper circuit.

I sold 35 shares@675 out of 70 shares allotted in 2 accounts. I am holding the rest and decided not to sell in near future. This ipo rally has reminded me DMART listing day. There are 78 Lakhs buyers and 4 lakhs seller in nse and stock has crossed 780 mark. Big bulls are buying this stock heavily...

only buyers no seller ... now price band will be revised :)

WOWWWW.. 2nd Target achieved... 803+ UPPER CIRCUIT.. WOWWWW

How Rossari can be a long term bet:
1) Very high ROCE
2) High fixed asset turnover ratio compared to listed players.
3) PAT growth x3 in last 2 years
4) 100% capacity utilization
5) New facility coming by FY21
6) Import substitution products
7) China situation benefiting Indian Chemical industry overall.
8) Founded by IIT technocrats
9) Companies like Aarti, fine organics, Galaxy surf etc. have given significant gains in past.

https://www.timesnownews.com/videos/et-now/markets/rossari-biotech-to-list-on-22-july-should-you-be-buying-the-opening-pop/68274

PS: Due to covid situation markets are highly volatile and can situations are changing rapidly decide accordingly.

There are reasons why Rossari is inching towards 800

After observing 2nd day subscription figure, now it's almost clear that IPO is getting Super Hit response......

Aniketiaf sir,
As usual, your this call also become Super Hit.
You and Eagleye r the real jem of this forum.
Keep guiding in future also.

@Aniketiaf,

Super Duper Hit IPO sir. Thank you very much for your timely advice.

Please give suggestion about Mindspace park IPO.

Sold @ 680

now 740

MTM Loss 2100 is giving me more pain than profit of Rs 8900 per lot..

I also waited and sold at 705 but I'm happy whatever I got. Take it as a lesson and be happy :)

Even if no allotment, happy with trading.
Some IPOs are +
a little are negative

I sold in morning at 670 and now price is 782Rs ????????

Today Morning at 10, My given target of 750 is almost achieved..

Still Hold your Shares for 1 week for Target of 800+

M holding total 650 shares now, total profit of 50k.. Superb call.. All Buyers, No sellers left in BEST 13 LAKHS Buyers n only 40,000 sellers left..

HOLD this GEM ...

It will cross 1000/- in very short time. Congrats all allotee

Congratulations to all Rossari allottee.

Sold 85 qty @ 700 , kept 20 for future.

Thanks.

Sir my money I'd debited from bank but my share is not credited in zerodha , when I check status by application number it shows no record found and by pan number it shows allotted
Please guide me

Umehta,

Need not worry. You are definitely allotted. Contact to Registrar of the IPO. They will definitely do the needful. Share is trading 12% higher to listing price it's again good for you otherwise you may have sold below 700.

Contact to Registrar -

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: rossaribio.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Thanks.

Sold 17 at 745 holding 18 for long term

There were some fools n idiots who were repeatedly saying it will list at discount. So now what u say. So never speak unless u know facts.

HOLD RS 746 AT 1.22 PM 23/7/2020

DEBT FREE COMPANY

IF YOU DO NOT CAPACITY TO HOLD SELL 20 SHARE AT RS 750

REST 15 SHARE ARE FREE LIFE TIME

Rossari on fire now 744,????????

Finally my portfolio turned positive after covid massacre! Thanks to rossari and this platform ????????

Any quick technical analysis on what is the target price?

Hello All,

I applied 13 lots from single account but I get only 1 lot. If the allotment is on the basis of the lottery system. why I am not getting full?

Can someone explain why?

Thanks in advance..!

In retail category, in lottery system, only one lot per candidate is allotted, whatever may be the number of lots applied

It means there is no benefit for applying multiple lots. I just raised a ticket to know the allotment system.

Sold 2 lots @286
????

can we apply via single bank account in different DMAT account of different people. request all gurus to kindly help

Single bank account for different people is acceptable, I guess ASBA provides this facility.

Upstox borker does not allow intraday for the listing stocks. (means today i cant do intraday in rossari)

Any discount broker allow intraday for the listing stocks??

Zerodha allowed with intra levrage

Alloted 2 lots. I lot sold at 678 . I lot holding. Pl advice .

keep it until tomorrow, it will cross 700

crossed 700 today only