Discover and read the best of Twitter Threads about #RossariBiotech

Most recents (5)

#Rossaribiotech Q3 2022 Concall Highlights

Like & retweet for better reach !

Operational Highlights

1. Revenues for the quarter stood at ₹428.4Cr, up 104% from same period previous year
2. EBITDA stood at ₹46.7 Cr translating to EBITDA margins of 10.9%

3. PAT stood at ₹22.5 Cr with PAT margins of 5.3%

4. Undertaking price hikes wherever possible to offset these raw material pressures.
5. This is the first full quarter of consolidation of recent acquisitions of Unitop and Tristar in Rossari’s performance. Both these companies delivered growth during the period, which assisted overall performance.
Read 14 tweets
Rossari Biotech: IPO Base Day 27 Image
After watching for 27 days. This is this week's study name. I wud b posting detailed analysis on this one and further dig ins. In the meantime i except people here to share as much inputs as they can on this. Take a structured approach and start with Red flags first.
Upper pivot 818.80
Lower pivot 761

One can imagin a darvas box if one considers the top and bottom numbers provided in the chart. Image
Read 95 tweets
🟡Journey of #RossariBiotech

🟦Brief Summary Covered on

🛑Business Origination
🛑Promoter Background
🛑Place of Operations (HQ)

👉Did you Know?

HPCC stands for Home, Personal Care & Performance
Chemicals

(1/n)

#BharatSahni

#KnowYourCompany
🌞Business Origination

👉2 Chemical Engineer Friends - Edward Menezes & Sunil Chari pursued MBA together 30 Years ago to land up finally on the terrain of Entrepreneurship as Partners

👉Commenced Specialty Chemicals Business on March 6 2003 in the name of Rossari Labtech

(2/n)
👉Subsequently, on December 5, 2003, the name of the Partnership Firm was changed to Rossari Biotech

👉Rossari Biotech is a leading & fast growing Enzymes & Specialty Chemicals Manufacturer focused on 3 Verticals
☑️Textiles
☑️Animal Health & Nutrition
☑️HPCC

(2/n)
Read 19 tweets
#RossariBiotech is coming with #IPO on July 13-15th. Here are few interesting facts about this comp
Business fundamental- They are broadly into 3 segments
1⃣ Home, personal care and performance chemicals
2⃣ Textile specialty chemicals
3⃣ Animal health and nutrition products (1/n)
About Products - The products are used in the manufacture of soaps and detergents, paints, inks, tiles, papers, natural and man-made textiles. They have 2,030 different products sold across above categories. (so proxy to consumer products) (2/n)
➡️Clients - HUL, IFB Industries & Arvind Ltd are some of its key customers.
➡️Competitors - Aarti Industries, Vinati Organics, Atul, Galaxy Surfactants and Fine Organic Industries and MNCs like Merck, BASF and Wacher AG
➡️Operations in 17 countries (3/n)
Read 4 tweets
IPO of Rossari Biotech Limited:

Price band - 8th July (Wednesday)

Webinars for Press, Broker & Analysts - 8th July (Wednesday) & 9th July (Thursday)
Anchor book - 10th July (Friday)
IPO opens - 13th July (Monday)
IPO closes - 15th July (Wednesday)
Listing - around 23rd July
Interesting that grey market is active even before price band is announced!!

Rossari Biotech IPO

Grey market premium is 38-45
Kostak is 275-300 per bid lot
Rossari Biotech IPO
Price band is 423-425 Image
Read 15 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!