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vmm
85. vmm  Jul 9, 2020 22:21 Reply

Rossari Biotech Ltd IPO

I want to know that in this ipo can we apply by submitting ipo physical form through asba bank
Or
Compulsory we have to use upi mandate or online
Eagleye
84. Eagleye  Jul 9, 2020 22:20 Reply

Yes Bank Ltd FPO

Yes Bank FPO

GMP 1.00 +/- 0.10
Eagleye
83. Eagleye  Jul 9, 2020 22:19 Reply

Rossari Biotech Ltd IPO

Rossari Biotech IPO

GMP 104 +/- 2
Aniketiaf
82. Aniketiaf  Jul 9, 2020 21:16 Reply

Rossari Biotech Ltd IPO

Rossari Biotech Ltd-
Although on prima facie , PE at about 34 for share price @ 425, issue appears fully priced....
But,
considering the demand for speciality chemical boycott China/Make in India campaign, good track record and global presence of company , diversified product portfolio (More than 2000 products for Fmcg , Apparel, Poultry and Animal feed industries) , I will apply through all my account.
Some listing gain should must be there but it will become very profitable after medium to long term.
Thanks.


BABUKALIA
81. BABUKALIA  Jul 9, 2020 20:20 Reply

Yes Bank Ltd FPO

1000 rs kostak
Eagleye
80. Eagleye  Jul 6, 2020 21:53 Reply

Rossari Biotech Ltd IPO

Rossari Biotech IPO – *Market’s Current Estimates of oversubscription*:

RII = 8L Forms = 6.85X Applic. wise (Avg allotment of ~5.11 shares per lot)
NII = 5K Crs. = ~67.17X

Interest cost *@7.50%p.a.* for 7days = 61.13 paise for 1X

Thus, for NII the costing = 67.17 X 61.13paise = Rs.41.06 per share (= GMP)

And, for RII the costing = 5.11 X 41.06 = Rs. ~210/- (= Kostak)

Rossari Biotech IPO – *GMP Estimated*
GMP 40 +/- 2
Kostak 250 +/- 25
KrishnaTwentyFour
80.6. KrishnaTwentyFour  Jul 8, 2020 15:23

Rossari Biotech Ltd IPO

@amit sir, your view on this ipo?
amit K singh
80.7. amit K singh  Jul 9, 2020 18:55

Rossari Biotech Ltd IPO

I will decide next week on 14 th or 15th, we need to be careful about current situation while subscribing the ipo. Many people will post optimistic views with vested interest, we have to make our own analysis. I will keep posted, if we need to apply or avoid.
Final destination
79. Final destination  Jul 9, 2020 18:40 Reply

Yes Bank Ltd FPO

700 rs kostak
harit
78. harit  Jul 9, 2020 18:26 Reply

Rossari Biotech Ltd IPO

Investors should subscribe it for 1-2 years(ignore GMP).
Traders or very short term investors may avoid,
I will decide on last day
Bast of luck
harit
78.1. harit  Jul 9, 2020 18:31

Rossari Biotech Ltd IPO

Best of luck
Small size ipo
Listing will be positive (i believe)
Lower subscription might seen due to current situation
Kaal
77. Kaal  Jul 9, 2020 17:20 Reply

Yes Bank Ltd FPO

Any kostak price ?
techuser
76. techuser  Jul 9, 2020 16:23 Reply

Rossari Biotech Ltd IPO

@ashishn, I agree corona effects, but the GMP was PURELY manipulated for 3 months. The IPO was supposed to come in January with the price range of 600, but they took the benefit of GMP manipulation, and increased price to 755 and came in March. So, they have definitely LOOTED retail investors in the name of FAKE GMP.
techuser
75. techuser  Jul 9, 2020 13:01 Reply

Rossari Biotech Ltd IPO

After disaster of SBI CARDS IPO, I am not really sure if this is going to be subscribed even 1X in retail. And GMP which is showing atm will be brought down to 0 after the issue closed, considering the current market conditions.
ashishn
75.1. ashishn  Jul 9, 2020 13:55

Rossari Biotech Ltd IPO

Yes I agree sbi cards fooled everyone, but at that corona spoiled this ipo premium
suresh vaid
74. suresh vaid  Jul 9, 2020 13:34 Reply

Rossari Biotech Ltd IPO

subcripe kitene time hoga
ashishn
73. ashishn  Jul 9, 2020 10:26 Reply

Rossari Biotech Ltd IPO

Smart investment showing GMP as 130₹ as of now,can I apply for listing gain?
techuser
73.1. techuser  Jul 9, 2020 13:02

Rossari Biotech Ltd IPO

In SBI CARDS, the GMP was 350 at some point of time, do you really think we could trust this GMPs now :)?
amit K singh
72. amit K singh  Jul 8, 2020 14:05 Reply

Yes Bank Ltd FPO

Another one sbi management...

To the sbi management and yes bank fpo marketing team, you can fool the people one time, but you can not always fool people to loot money. Already people lost lots of money with your fake gmp in sbi cards ipo. As a psu don't try same strategy to cheat retails again. Retailers beware and careful about yes bank FPO...
J Rakesh
72.1. J Rakesh  Jul 9, 2020 12:13

Yes Bank Ltd FPO

After FPO this will go below Rs.18/- then it can be buy from market, why to struck money even for week time.
Mayankagawal
71. Mayankagawal  Jul 9, 2020 11:57 Reply

Yes Bank Ltd FPO

Where to get the RHP /placement doc filled
R R Patel
70. R R Patel  Jul 8, 2020 18:05 Reply

Rossari Biotech Ltd IPO

Rossari Biotech Ltd. IPO peer comparison:
Rossari Biotech (RB)
Galaxy Surfactants (GS)
Aarti Industries (AI)
Vinati Organic (VO)
Fine Organic (FO)

Co. PE M.Cap Revenue Profit
RB 33.8 2.2K 604 65
GS 30.9 5.6K 1797 182
AI 31.3 16.4K 3994 523
VO 31.4 10.5K 1028 333
FO 35.44 5.9K 1026 166

Above companies are not much favourite of FII as they hold only 1 to 5% but mutual fund holding 12 to 15%.
In present scneriyo listing gain or short term gain may be low but good bet for long term. Let's see the response of QIB & HNI....
longterminvestor
70.1. longterminvestor  Jul 8, 2020 18:41
lekker
70.2. lekker  Jul 9, 2020 09:31

Rossari Biotech Ltd IPO

Great sir, long term investors can think
Nominal listing gain depend on qib and HNI subscription
Ipo priced at higher side
KING VINOD
69. KING VINOD  Jul 8, 2020 18:38 Reply

Rossari Biotech Ltd IPO

One should not subscribe IPOs based only on GMP. One Should know company fundamentals, Nature of business, Growth Prospects, Balance sheets etc.
Rossari Biotech IPO Face Value 2/-
IPO Price 425 upper side
Asking price was too Higher side.
Some IPO investors will not think about Face Value but still .....
Let's see how QIBs and HNIs will participate in this IPO
lekker
69.1. lekker  Jul 9, 2020 09:26

Rossari Biotech Ltd IPO

Yes sir looks costly, pre ipo placement was done in same price when nifty was around 12k
PRAFULDURAI
68. PRAFULDURAI  Jul 9, 2020 07:44 Reply

Bonlon Industries Ltd IPO

Tnpl declared Rs 6 per share
ashishn
67. ashishn  Jul 8, 2020 23:21 Reply

Rossari Biotech Ltd IPO

Should I apply or not this ipo? Why not much discussion going on here?
A.Santhosh Kumar
67.1. A.Santhosh Kumar  Jul 9, 2020 00:52

Rossari Biotech Ltd IPO

Most of them are quarantined or in lockdown... no one is daring to come up for discussion due to COVID
A.Santhosh Kumar
66. A.Santhosh Kumar  Jul 8, 2020 23:07 Reply

Rossari Biotech Ltd IPO

Does SBI ASBA mode work now??
or do i need to apply via UPI mode??

Thanking in anticipation...







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