Subscribe to Rossari Biotech: Way2Wealth

Way2Wealth Company was initially incorporated as “Rossari Labtech” on March 6, 2003, as a partnership firm however subsequently was changed into company and named Rossari Biotech Ltd on 5th December 2003.

Broker Research

July 13, 2020 / 16:53 IST

Way2Wealth's IPO report on Rossari Biotech

Company was initially incorporated as “Rossari Labtech” on March 6, 2003, as a partnership firm however subsequently was changed into company and named Rossari Biotech Ltd on 5th December 2003. Rossari Biotech isone of the leading specialty chemicals manufacturing companies in India providing customized solutions to requirements of their customers primarily in the FMCG, apparel, poultry and animal feed industries through company’s diversified product portfolio comprising home, personal care and performance chemicals; textile specialty chemicals and animal health and nutrition products. The company operates in India as well as in 17 foreign countries including Vietnam, Bangladesh and Mauritius etc. The company manufactures majority of its products in-house from manufacturing facility at Silvassa in the Union Territory of Dadra & Nagar Haveli which has an installed capacity of 120,000 MTPA.

Valuation and Outlook

We believe company’s diversified product offerings, increasing demand for the products, growth prospects on the greater capacity (new upcoming facility), superior return ratios and stable asset quality justifies its valuation. We thus advise investors with a long-term investment horizon to SUBSCRIBE to the issue.

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