Saroja Pharma Industries India Limited IPO

Saroja Pharma Industries India Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹84 per share. The stock debuted at ₹65. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,34,400.

Saroja Pharma Industries India Limited IPO

NSE SME Listed
₹1,34,400 (1600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 31, 2023 – Sep 5, 2023
Price band
₹84 per equity share
Minimum Investment
₹1,34,400
Issue size
1,084,800 shares(aggregating up to ₹9.11 Cr)
Lot size
1600
Allotment Date
Sep 11, 2023
Listing
Sep 13, 2023
Listing At
NSE SME

IPO timeline

  1. Aug 31, 2023

    Open Date

    Completed

  2. Sep 5, 2023

    Close Date

    Completed

  3. Sep 11, 2023

    Allotment Date

    Completed

  4. Sep 13, 2023

    Listing Date

    Completed

Saroja Pharma Industries India Limited IPO Essentials

Saroja Pharma Industries India Limited IPO Details

Saroja Pharma Industries India Limited IPO is priced at ₹84 per share with a total issue size of 1,084,800 shares(aggregating up to ₹9.11 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.

Issue price
₹84 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
1,084,800 shares(aggregating up to ₹9.11 Cr)
Listing at
NSE SME
List price
65.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Swastika Investmart Ltd

Saroja Pharma Industries India Limited IPO Details

  • Retail Portion 50%

Saroja Pharma Industries India Limited IPO Documents

Saroja Pharma Industries India Limited IPO Analytics

Saroja Pharma Industries India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Saroja Pharma Industries India Limited IPO Subscription Status

Saroja Pharma Industries India Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS (Post IPO)
₹3.61/-
P/E Ratio
23.27

Returns

RoNW
20.85%

Data sourced from DRHP / RHP • For educational purposes only

Saroja Pharma Industries India Limited Financials( In Lakhs)

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

Saroja Pharma Industries India Limited Company & Offer Insights

About Saroja Pharma Industries India Limited

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 are the company's promoters of Saroja Pharma Industries India Limited.

Saroja Pharma Industries India Limited IPO Issue Objectives

To Set-up a Manufacturing Unit.
To Repay the Unsecured Loans.
Public Issue Expenses.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Saroja Pharma Industries India Limited IPO is a Fixed Priced IPO worth ₹1,084,800 shares(aggregating up to ₹9.11 Cr). The issue price is ₹84 per share (fixed price). The IPO opens on Aug 31, 2023 and closes on Sep 5, 2023. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The issue price of Saroja Pharma Industries India Limited IPO is ₹84 per share (fixed price).

The lot size of Saroja Pharma Industries India Limited IPO is 1600 shares.

The minimum investment for Saroja Pharma Industries India Limited IPO is approximately ₹1,34,400 based on the issue price .

Saroja Pharma Industries India Limited IPO opens on Aug 31, 2023 and closes on Sep 5, 2023.

The allotment date of Saroja Pharma Industries India Limited IPO is Sep 11, 2023.

Saroja Pharma Industries India Limited IPO is expected to be listed on Sep 13, 2023, on NSE SME Platform.

Saroja Pharma Industries India Limited IPO valuation snapshot: P/E 23.27, EPS ₹3.61/-, P/B N/A, RoNW 20.85%, and market cap N/A.

To apply for Saroja Pharma Industries India Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Saroja Pharma Industries India Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Saroja Pharma Industries India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Saroja Pharma Industries India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Saroja Pharma Industries India Limited IPO allotment status on IPO Ji for quick and easy access.