Rossari Biotech Limited Overview:
Generally, Rossari Biotech Limited embodied in 2009. Certainly, the company came up as a manufacturer of textile specialty chemicals. On the other hand, it provides customized solutions to the apparel and also animal & poultry feed. As well as it offers a diversified product portfolio to the FMCG industries. Also, it has its existence in 18 countries including India, Bangladesh, Vietnam, and Mauritius.
Besides, the business of the company could be classified into three main categories. Such as textile specialty chemicals, animal health & nutrition products, and personal care & performance chemicals. Notably, the company produces 1,948 different product range under these categories.
Furthermore, it also possesses several prominent customers in the textile chemical products sector. Namely, Arvind, Raymond, Ashnoor Textile Mills, Bhaskar Industries, European Textile Chemicals, and Shahi Exports.
Significantly, Mr. Edward Menezes and Mr. Sunil Chari assist the company as the promoters.
Certainly, the firm introduces an IPO on July 13th, 2020. So then, this would remain open for subscriptions till July 15th, 2020. Subsequently, the offer for sale of the issue stands up to 1,05,00,000 equity shares of ₹2. Moreover, this issue will be a book built IPO issue.
Strengths of Rossari Biotech Limited:
On the positive side, the company provides a wide range of product portfolio. Also, it is a well-known textile specialty chemical manufacturer in India. Despite this, it comes with an in-house manufacturing unit. As well as it has a strong R & D facility. Moreover, the company has established a Pan-India distribution network across the country.
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Rossari Biotech Ltd.
201 A – B, 2nd Floor, Akruti Corporate Park,
L.B.S. Marg, next to GE Gardens,
Kanjumarg (W), Mumbai 400 079, India
Phone: +91-22-6123 3800
Email: [email protected]