Rossari Biotech share was trading higher ahead of the firm's first set of earnings today after listing on bourses. Share price of Rossari Biotech rose up to 4.5% to Rs 804 against the previous close of Rs 763.90 on BSE. The share opened Rs 6 higher at Rs 775 today.
Total 0.53 lakh shares changed hands amounting to turnover of Rs 4.17 crore.
On July 23, stock of Rossari Biotech listed with a gain of over 57% on BSE. Rossari Biotech share rose 57.65% or Rs 245 to Rs 670 against issue price of Rs 425 on BSE.
On NSE, the share gained up to 66.11% over issue price, rising to Rs 706. Earlier, share of Rossari Biotech made its debut at Rs 669.25 climbing 57.46% above issue price of Rs 425.
The IPO was held from July 13 to July 15. It was launched after a lull of four months as COVID-19 affected sentiment on Dalal Street. On March 2, SBI Cards and Payment Services floated its IPO which saw weak response amid a volatile market.
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Bids for the IPO were invited within price band of Rs 423 to Rs 425 per equity share. The company raised Rs 149 crore from anchor investors.