Rossari Biotech Ltd – IPO Review : Rossari Biotech Limited is a producer of textiles and textiles products specialise chemical. 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. Rossari Biotech Limited Having Total Network in 18+ Country. However they are operating in large scale from India.

According to Frost and Sullivan Report published on September 2019, Rossari Biotech Limited is the largest textile specialist chemical manufacturer in India. The Frontline business of the company can be classified into three main categories which are textile specialty chemicals; animal health & nutrition products; and personal care & performance chemicals. The company has 1948+ different products range under these three categories.

Almost all Production of the Company are in house. Company has Manufacturing unit at+

1. Silvassa (Dadra & Nagar Haveli)
2. Dahej (Gujarat) (Currently Setting up)

Company has Two Research and Development Department one in Silvassa and other in Mumbai.

Currently Company is running with 194+ Distributors across India.

Company Promoter’s Details:

1. Mr. Edward Menezes
2. Mr. Sunil Chari

Object of the Initial Public Offer:

as per HRP Rossari Biotech Limited IPO Object is to Utilise Net Proceed of Fund in Following Sequence

1. Repayment or Prepayment of Loan with Interest.
2. To Fulfilment of Working Capital Requirement.
3. General Routine Corporate Purpose