Thread by @IndiaER

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

Rossari Biotech IPO
Price band is 423-425

Grey market premium 115-120;
one broker suggesting 130 as well.

Rossari Biotech IPO
GMP 108 +/- 2

Yes Bank FPO
GMP 0.80 +/- 0.05

Rossari Biotech IPO

Subscribed 0.6x on day 1

Retail is 0.92x

Rossari Biotech IPO

Subscribed 2.97x on day 2

Retail is 2.5x

Rossari Biotech

grey market premium : Rs 125-130
per lot kostak: Rs 575

Yes Bank
grey market premium for 2 lakh application : Rs 3,500

HNI breaking the bank to invest

NII ar 71x for Rossari Biotech IPO at 12 noon

HNI breaking the bank to invest

NII ar 240x for Rossari Biotech IPO
QIB: 85x
retail 7x!!

Overall, 79.4x

investors are just hungry for stocks?

#IPO

Rossari Biotech
Basis of Allotment
QIB MF - 284.75x
QIB others - 89.696x
HNI - 236.748716x
Retail - 52:235 will get 35 shares 4.519x with avg. allotment of 7.44 shares

Rossari Biotech to debut on July 23

all the best to the allotees!!

#IPO

👏👏👍👍 Rossari Biotech now at 700! #IPO

#Rossari #Biotech debuts at Rs 670 with 58% premium over IPO price
The listing premium was much higher than the grey market premium (of around Rs 160-180 per share) as well as analysts' expectations of Rs 130-175 per share.

Rossari Biotech IPO

did you know😀

https://twitter.com/virajmehta16/status/1286210114643357699?s=20

NSE bulk trades report

MANY MANY intraday trades on Rossari Biotech (blue and peach)

with one notable exception in the middle in yellow

Goldman Sachs buys INR 33.3 crore worth shares!!

#goldmansachs #rossari #biotech #IPO #RossariBiotech #RossariBiotechIPO