Saroja Pharma IPO will be Open on 31 August 2023 and closes on 05 August 2023. The company has fixed the price of this IPO at ₹84 according to the face value of ₹10. The company will raise ₹9.11 Crores through this IPO under the 1,084,800 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Saroja Pharma IPO GMP here.
Saroja Pharma Industries India Limited is engaged in trade in Pharma API, Pharma Intermediates, Chemicals, Solvents used for pharmaceutical products human and veterinary medicine. The company active Pharmaceuticals Ingredients, Specialty Chemicals, Intermediates for Pharma trading.
The company also into specialty chemicals imports & exports as well as supply of the same to the actual users. The company provide customize specialty chemicals in India and abroad regularly. The company exports products mainly in Pakistan, Egypt, Russia, Jordan, Hong Kong, Singapore etc. You can check Saroja Pharma IPO Subscription Status here.
Saroja majorly trade in the following segments of pharmaceuticals raw materials:
1.Liquid Bromine; 2. N-[(4S,6S)-6-Methyl-7,7-dioxido-2-sulfamoyl-5, 6-dihydro-4Hthieno[2,3-b]thiopyran-4yl) acetamide; 3. Ethyl Acetate;
- Thionyl Chloride; 5. Para Nitro Phenol; 6. Oxyclozanide BP Vet; 7. Benzyl Chloride; 8. Bromhexine HCL BP Grade; 9. Triclabendazole; 10. Fenbendazole BP Vet; 11. Nitroxynil BP Vet; 12. Oxfendazole BP Vet; 13. Albendazole USP; 14. Rafoxanide BP Vet; 15. Febantel EP. You can check Saroja Pharma IPO Allotment Status here.
Objects Of The Issue :
- To Set-up a Manufacturing Unit;
- To Repay the Unsecured Loans;
- Public Issue Expenses
Company Strengths :
- Experienced Promoters and Management Team
- Scalable Business Model
- Wide and diverse range of product offerings
- Diversified business operations and revenue base
| Read also: Upcoming IPO List 2023 |
Saroja Pharma IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹1.06 Cr ₹84 Per Shares 3.61 23.27x 20.85 % 20.85 % 0.25 % 2.00 ₹11.67 ₹21.34 Cr ₹337.72 Cr 100.00 % 73.02 % |
| Team Review : | Avoid |
Saroja Pharma IPO GMP Live:
Saroja Pharma IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 31 Aug 2023 | ₹0-₹0 | ₹0 |
| 30 Aug 2023 | ₹0-₹0 | ₹ |
| 29 Aug 2023 | ₹0-₹0 | ₹0 |
Saroja Pharma IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 31 August 2023 |
| IPO Close : | 05 September 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹84 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹9.11. Cr {1,084,800 Shares} |
| Fresh Issue : | ₹9.11. Cr {1,084,800 Shares} |
Saroja Pharma IPO Market Lot :
Saroja Pharma IPO Minimum Market lot is 1 Lot with 1600 shares with ₹134,400 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹134,400 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1600 | ₹134,400 |
| Retail (Max) : | 1 | 1600 | ₹134,400 |
| S-HNI (Min) : | 2 | 3200 | ₹268,800 |
Saroja Pharma IPO Shares Offer :
A Total of 1,084,800 shares are to be bid for the public issue by Saroja Pharma IPO with 1,084,800 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 1,084,800 | ₹9.11 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 1,084,800 | ₹9.11 Cr |
Saroja Pharma IPO Net Reservation :
Saroja Pharma IPO Net Reservation of 1,084,800 shares are to be bid for the public issue by Saroja Pharma IPO with 5,15,200 for NII 5,15,200 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 5,15,200 | ₹4.33 Cr |
| RII : | 50% | 5,15,200 | ₹4.33 Cr |
| MMRP : | – % | 54,400 | ₹0.45 Cr |
| Total : | 100% | 10,84,800 | ₹9.11 Cr |
Saroja Pharma IPO EPS & RoNW :
The Saroja Pharma company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹3.91 | 20.85 % | ₹17.33 |
| 2022 | ₹3.96 | 28.32 % | ₹14.00 |
| 2021 | ₹2.69 | 78.14 % | ₹3.44 |
Saroja Pharma IPO Peer Comparison PE :
The Saroja Pharma, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | NGL Fine Chem | 23.15 |
| 2. | Sequent Scientific | 223.00 |
Saroja Pharma IPO Dates :
Saroja Pharma IPO Date is 31 August 2023 and closes on 05 September 2023. The allotment will be finalized on 08 September 2023 and the IPO may list on 13 September 2023.
| Issue Open Date : | 31 August 2023 |
| Issue Close Date : | 05 September 2023 |
| Allotment Date : | 08 September 2023 |
| Refund Date : | 11 September 2023 |
| Share Credit Date : | 12 September 2023 |
| Listing Date : | 13 September 2023 |
Saroja Pharma IPO Form :
There are two ways to apply in Saroja Pharma IPO. You can apply for Saroja Pharma IPO through ASBA available in your bank account. You have to go to your online bank login and select Saroja Pharma IPO in the Invest section and apply through your bank account. Another option is you can apply Saroja Pharma IPO through IPO form download through NSE and BSE. See the Saroja Pharma IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Saroja Pharma Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹5,035.09 | ₹4,885.94 | ₹106.06 |
| 2022 | ₹5,595.67 | ₹5,437.74 | ₹114.01 |
| 2021 | ₹3,674.67 | ₹3,571.12 | ₹73.13 |
Company Promoters :
■ Mr. Biju Gopinathan Nair
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Saroja Pharma IPO Lead Managers :
■ Swastika Investmart Ltd
Saroja Pharma IPO Registrar :
Kfin Technologies Limited
Address: Selenium Tower-B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana;
Telephone Number: +91 40 6716 2222;
Toll Free Number: 1800 309 4001;
Email: [email protected];
Investors Grievance Id: [email protected];
Website: www.kfintech.com;
Note: Check Saroja Pharma IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Saroja Pharma Industries India Limited.
305, Kailash Tower, Shiv Shristi Complex,
Goregaon Link Road, Mulund
West, Mumbai (MH) – 400080
Telephone No.: 022 – 2081 0011
E-Mail: [email protected]
Web site: www.sarojapharma.com
Saroja Pharma IPO FAQs :
What is Saroja Pharma IPO?
Saroja Pharma IPO is SME IPO. They are going to raise ₹9.11 Crores via IPO. The issue is priced at ₹84 per equity share. The IPO to be listed on NSE, SME.
When Saroja Pharma IPO will open?
The IPO is to open on 31 Aug -05 Sep for QIB, NII & RII.
How much is Saroja Pharma IPO Size?
Saroja Pharma IPO size is ₹9.11 Crores.
How much is the Fresh issue size of Saroja Pharma IPO?
The Fresh issue size of Saroja Pharma IPO ₹9.11 Cr.
What is Saroja Pharma IPO Price Band?
Saroja Pharma IPO Price Band is ₹84 Per share.
What is the Saroja Pharma IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹134,400 amount while the maximum bid is 1600 shares with ₹134,400.
How much is Saroja Pharma IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Saroja Pharma IPO Allotment Date?
Saroja Pharma IPO allotment date is 08 September 2023.
When is Saroja Pharma IPO Listing Date?
Saroja Pharma IPO listing date is 13 September 2023. The IPO to list on NSE, SME.
How to Apply the Saroja Pharma IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Saroja Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Saroja Pharma IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Saroja Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Saroja Pharma IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Saroja Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Saroja Pharma IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Saroja Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Saroja Pharma GMP: Click Here Saroja Pharma Subscription: Click Here Saroja Pharma Allotment: Click Here Saroja Pharma Listing: Click Here |
All Saroja Pharma IPO-related links are available here. If you want to know the details then click on Click Here Link.
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