Saroja Pharma Industries India Limited IPO

NSE SME

Listed On: Sep 13, 2023 at ₹ 65.0

₹ 134400 /1600 Shares

Check Allotment

Saroja Pharma Industries India Limited IPO Details

31 Aug, 2023

Open Date

05 Sep, 2023

Close Date

11 Sep, 2023

Allotment Date

13 Sep, 2023

Listing Date

Issue Price

₹84 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

65.0

Listing Date

2023-09-13

Market Lot

1600 Shares (₹134,400/-)

Lead Manager

Swastika Investmart Ltd

Issue Size

1,084,800 shares(aggregating up to ₹9.11 Cr)

Retail Portion

50%

Subscription

8.79 times

IPO Docs

DRHP

Saroja Pharma Industries India Limited IPO Subscription 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

Earnings Per Share (EPS)

₹3.61/-

P/E Ratio

23.27

RoNW

20.85%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Saroja Pharma Industries India Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.02%

Company Promoter(s)

Mr. Biju Gopinathan Nair
Mr. Manish Dasharath Kamble

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. The size of Saroja Pharma Industries India Limited IPO is 1,084,800 shares(aggregating up to ₹9.11 Cr).

Ans. The IPO price band is set between ₹84 per equity share.

Ans. To apply for Saroja Pharma Industries India Limited IPO 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 allotment status for Saroja Pharma Industries India Limited IPO here.