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#Rossaribiotech Q3 2022 Concall Highlights
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Operational Highlights
1. Revenues for the quarter stood at ₹428.4Cr, up 104% from same period previous year
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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.
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.
Rossari Biotech: IPO Base Day 27 
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.
Lower pivot 761
One can imagin a darvas box if one considers the top and bottom numbers provided in the chart.
🟡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
🟦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)
👉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)
👉Rossari Biotech is a leading & fast growing Enzymes & Specialty Chemicals Manufacturer focused on 3 Verticals
☑️Textiles
☑️Animal Health & Nutrition
☑️HPCC
(2/n)
#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)
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)
➡️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)
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
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
Grey market premium is 38-45
Kostak is 275-300 per bid lot
Rossari Biotech IPO
Price band is 423-425
Price band is 423-425
