The Saroja Pharma IPO date has been scheduled. The IPO will begin on August 31 and end on September 5. Saroja Pharma is an NSE SME IPO that will raise 9.11 crore through the IPO. The price band for the Saroja Pharma IPO is set at 84, with a market lot of 1600 shares.
Saroja Pharma Industries was founded with the goal of providing the best chemical trading services to the greatest premium pharmaceutical firms in India and overseas for cost-effective human and veterinary treatment. Pharma API, Pharma Intermediates, Chemicals, and Solvents are traded by the company for use in pharmaceutical products as well as human and veterinary medicine. The company was founded with the goal of offering clients specification-based authorized products at affordable pricing and hassle-free
delivery within 24 hours. They deal in active pharmaceutical ingredients, specialty chemicals, and pharmaceutical intermediates. They also import and export specialty chemicals, as well as supply the same to end consumers.
They constantly deliver customized specialized chemicals in India and internationally based on the needs and requirements of their clientele. Saroja Pharma Specialty chemicals and their intermediates are widely used in industries such as pharma, agriculture, and chemicals for human and veterinary use.
Saroja Pharma IPO Date & Price Band Details
| IPO Open: | August 31, 2023 |
| IPO Close: | September 5, 2023 |
| IPO Size: | Approx ₹9.11 Crores, 1,084,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹84 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Objects of the Issue:
- To Set-up a Manufacturing Unit.
- To Repay the Unsecured Loans.
- Public Issue Expenses.
Saroja Pharma IPO Review
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Saroja Pharma IPO Market Lot
The Saroja Pharma IPO minimum market lot is 1600 shares with a ₹134,400 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹134,400 |
| Retail Maximum | 1 | 1600 | ₹134,400 |
| S-HNI Minimum | 2 | 3200 | ₹268,800 |
Saroja Pharma IPO Dates
The Saroja Pharma IPO date is August 31 and the IPO close date is September 5. The IPO allotment date is September 8 and the IPO might list on September 13.
| IPO Open Date: | August 31, 2023 |
| IPO Close Date: | September 5, 2023 |
| Basis of Allotment: | September 8, 2023 |
| Refunds: | September 11, 2023 |
| Credit to Demat Account: | September 12, 2023 |
| IPO Listing Date: | September 13, 2023 |
Saroja Pharma IPO Form
How to apply Saroja Pharma IPO? –> Saroja Pharma IPO can be applied for via ASBA from your bank account. Simply connect in to your online bank account and apply through your bank account by selecting the Saroja Pharma IPO in the Invest section. You can also apply for Saroja Pharma IPO by downloading IPO forms from the NSE website.
Saroja Pharma Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹36.75 | ₹35.71 | ₹0.73 |
| 2022 | ₹55.96 | ₹54.38 | ₹1.14 |
| 2023 | ₹50.35 | ₹48.86 | ₹1.06 |
Saroja Pharma IPO Valuation – FY2023
Check Saroja Pharma IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.61 per Equity Share |
| Price/Earning P/E Ratio: | 3.61 |
| Return on Net Worth (RoNW): | 20.85% |
| Net Asset Value (NAV): | ₹17.33 per Equity Share |
Peer Group
- NGL Fine Chem Limited
- Sequent Scientific Limited
Saroja Pharma IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: spiil.ipo@kfintech.com
Website: https://kosmic.kfintech.com
Company Address
Saroja Pharma Industries India Limited
305, Kailash Tower, Shiv Shristi Complex,
Goregaon Link Road, Mulund West,
Mumbai (MH) – 400080
Phone: +91 (022) 2081 0011
Email: info@sarojapharma.com
Website: https://www.sarojapharma.com
Company Promoters
- Mr. Biju Gopinathan Nair
- Mr. Manish Dasharath Kamble
Saroja Pharma IPO Lead Managers aka Merchant Bankers
- Swastika Investmart Ltd
Saroja Pharma IPO FAQs :
Q1. What is Saroja Pharma IPO?
Ans. Saroja Pharma IPO is an NSE SME IPO. They are going to raise ₹9.11 Crores via IPO. The issue is priced at ₹84 per equity share. The IPO is to be listed on NSE.
Q2. When Saroja Pharma IPO will open?
Ans. The IPO is to open on August 31, 2023 for QIB, NII, and Retail Investors.
Q3. What is Saroja Pharma IPO Investors Portion?
Ans. The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
Q4. How to Apply the Saroja Pharma IPO?
Ans. You can apply Saroja Pharma IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Saroja Pharma IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Saroja Pharma”. 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. Open Demat Account with Zerodha.
Q6. How to Apply the Saroja Pharma IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Saroja Pharma”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Saroja Pharma IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Saroja Pharma”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Saroja Pharma IPO Size?
Ans. Saroja Pharma IPO size is ₹9.11 crores.
Q9. What is Saroja Pharma IPO Price Band?
Ans. Saroja Pharma IPO Price Band is ₹84 per equity share.
Q10. What is Saroja Pharma IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1600 shares with ₹134,400.
Q11. What is Saroja Pharma IPO Allotment Date?
Ans. Saroja Pharma IPO allotment date is September 8, 2023.
Q12. What is Saroja Pharma IPO Listing Date?
Ans. Saroja Pharma IPO listing date is September 13, 2023. The IPO to list on NSE SME.
