IPO Details
Rossari Biotech Ltd.
201 A-B, 2nd Floor, Akruti Corporate Park, L.B.S. Marg, Next toMumbai, Maharashtra - 400079
Phone: 61233800

Public Issue of 11676471 Equity Shares of Rs. 2.00 each for Cash at a Premium of Rs. 423.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
13/07/202015/07/2020425.00 -
Lead Managers Registrar Listed at
AXIS CAPITAL LTD.
ICICI SECURITIES LTD
Link Intime India Private Limited
C-101, 247 Park,
L.B.S. Marg, Vikhroli (West), ,
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
BSE
NSE
Object of the issue

The Offer for Sale

The object of the Offer for Sale is to allow the Selling Shareholders to sell an aggregate of up to 10,500,000 Equity Shares held by them. the Company will not receive any proceeds from the Offer for Sale.

Fresh Issue

The net proceeds of the Fresh Issue, i.e. gross proceeds of the Fresh Issue less the Offer expenses apportioned to the Company (“Net Proceeds”) and the proceeds from the Pre-IPO Placement are proposed to be utilised in the following manner:

1. Repayment/prepayment of certain indebtedness availed by the Company (including accrued interest),
2. Funding working capital requirements and
3. General corporate purposes.

Promoted by

Mr. Edward Menezes and Mr. Sunil Chari are the Promoters of the Company.

1. Mr. Edward Menezes : Mr. Edward Menezes, aged 59 years, is the Promoter and Executive Chairman. He is a resident of 601 Gem House, Lake Boulevard Street, Near Panchakutir, Hiranandani Gardens, Powai,
Mumbai 400 076, Maharashtra, India. For the complete profile of Mr. Edward Menezes along with details of his date of birth, educational qualification, experience in the business, positions/posts held in past, directorship, special achievements, his business and financial activities.

The permanent account number of Mr. Edward Menezes is AAGPM5575L, aadhaar card number is 9457 1020 2031 and his driving license number is MH03 19900010071.

2. Mr. Sunil Chari : Mr. Sunil Chari, aged 54 years, is the Promoter and Managing Director. He is a resident of 27A & 27B, Eden Bunglow CHS LTD., Hiranandani Gardens, Powai, Mumbai 400 076, Maharashtra, India. For the complete profile of Mr. Sunil Chari along with details of his date of birth, educational qualification, experience in the business, positions/posts held in past, directorship, special achievements.

The permanent account number of Mr. Sunil Chari is AAEPC7152K, aadhaar card number is 4559 9212 2894 and his driving license number is MH03 20120024600.