Saroja Pharma Industries India Limited IPO
NSE SMEListed On: Sep 13, 2023 at ₹ 65.0
₹ 268800 /3200 Shares
*Min Investment
31 Aug, 2023
Open Date05 Sep, 2023
Close Date11 Sep, 2023
Allotment Date13 Sep, 2023
Listing DateSaroja Pharma Industries India Limited IPO Issue Details
- Issue Price ₹84 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,084,800 shares(aggregating up to ₹9.11 Cr)
- Listing at NSE SME
- List Price 65.0
- Listing Date 2023-09-13
- Lead Manager Swastika Investmart Ltd
- Registrar Kfin Technologies Limited
Saroja Pharma Industries India Limited IPO Details
- Retail Portion 50%
Saroja Pharma Industries India Limited IPO Documents
Saroja Pharma Industries India Limited IPO Details
Saroja Pharma Industries India Limited IPO is an SME IPO, priced at ₹84 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Aug 31, 2023 to Sep 5, 2023. The allotment is expected to be finalized on Sep 11, 2023, and the tentative listing date is Sep 13, 2023.
The registrar of the IPO is Kfin Technologies Limited, and
Saroja Pharma Industries India Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 515,200 | 515,200 | 1,030,400 |
Day 1 31-08-23 06:00 PM | 0.11 x | 1.58 x | 0.79 x |
Day 2 01-09-23 06:00 PM | 0.49 x | 3.75 x | 2.12 x |
Day 3 04-09-23 06:00 PM | 1.14 x | 7.62 x | 4.39 x |
Day 4 05-09-23 06:00 PM | 2.90 x | 14.65 x | 8.79 x |
Saroja Pharma Industries India Limited Valuations
Saroja Pharma Industries India Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,133.99 | 1,551.19 | 822.39 |
| Revenue | 5,035.09 | 5,595.67 | 3,674.67 |
| Profit After Tax | 106.06 | 114.01 | 73.13 |
About Saroja Pharma Industries India Limited Company
Saroja Pharma Industries India Limited is engaged in trading, exporting and supplying Specialty Chemicals & API.
The company deals in three types of product categories:
1. Chemical, 2. Pharma Intermediary and 3. Veterinary Pharma API. The company supplies products such as Liquide Bromine, which is used as an agro-intermediate, Ethyl Acetate, which is used as an API solvent, and other pharmaceuticals used for human and veterinary drugs, and some of them are API solvents.
APIs, known as bulk drugs or bulk actives, are the principal ingredients used in making finished dosages in the form of capsules, tablets, liquid or other forms of dosage, with the addition of other APIs or inactive ingredients.
The company exports products mainly in Pakistan, Egypt, Russia, Jordan, Hong Kong, Singapore etc.
Saroja Pharma Industries India Limited - Promoter(s)
Mr. Biju Gopinathan Nair
Mr. Manish Dasharath Kamble
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.02%
Saroja Pharma Industries India Limited IPO - Issue Objectives
To Set-up a Manufacturing Unit.
To Repay the Unsecured Loans.
Public Issue Expenses.
Saroja Pharma Industries India Limited IPO - FAQs
Ans. Saroja Pharma Industries India Limited IPO is a SME IPO. The issue is priced at ₹84 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Aug 31, 2023, and closes on Sep 5, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Saroja Pharma Industries India Limited IPO opens on Aug 31, 2023 and closes on Sep 5, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Saroja Pharma Industries India Limited IPO is 1,084,800 shares(aggregating up to ₹9.11 Cr).
Ans. The Saroja Pharma Industries India Limited IPO price band is set between ₹84 per equity share.
Ans. To apply for Saroja Pharma Industries India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Saroja Pharma Industries India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Saroja Pharma Industries India Limited IPO is Sep 11, 2023.
Ans. The Saroja Pharma Industries India Limited IPO will be listed on Sep 13, 2023.
Ans. Follow the steps to check the Saroja Pharma Industries India Limited IPO allotment status online.
