Saroja Pharma Industries India Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹84 - ₹84
- Lot size
- 1,600 shares
- Issue amount
- ₹9.11 cr
- Total subscription
- 8.86×
- Opens
- 31 Aug 2023
- Closes
- 5 Sept 2023
- Allotment
- 12 Sept 2023
- Listing
- 13 Sept 2023
Offer at a glance
Issue overview
- Issue size
- 10,84,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,34,400
- Fresh issue
- ₹9.11 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,34,400
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 29,35,686
- Shares after issue
- 40,20,486
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,34,400 |
| HNI | 2 | 3,200 | ₹2,68,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 4.33 | 63.8 |
| NIB | 4.33 | 12.9 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 3.61 |
| ROE | 0.15 |
| ROCE | 0.25 |
| RONW | 20.85 |
| PRE IPO(PE) | 23.27 |
| POST IPO(PE) | 31.82 |
Values and labels as reported in the issue data.
Company information
Company profile
Saroja Pharma Industries India Limited, incorporated in 2019, is engaged in trading, exporting, and supplying specialty chemicals and APIs. The company deals in three major product categories: chemicals, pharma intermediaries, and veterinary pharma APIs. It supplies products like Liquid Bromine (used as an agro-intermediate), Ethyl Acetate (used as an API solvent), and other pharma-based chemicals used in human and veterinary medicines. APIs or bulk actives are the key ingredients used in producing finished dosage forms like tablets, capsules, and liquids. The company exports its products to international markets including Pakistan, Egypt, Russia, Jordan, Hong Kong, Singapore, and more.
Strengths
- Experienced Promoters and Management Team with strong industry understanding and strategic vision.
- Scalable Business Model capable of driving growth across markets and geographies.
- Wide and Diverse Product Portfolio catering to varied customer requirements.
- Diversified Business Operations and Revenue Base reducing dependency on any single segment.
Promoters
Mr. Biju Gopinathan Nair
Mr. Manish Dasharath Kamble
Objects of the issue
04067162222
Registrar & documents
Lead manager
Swastika Investmart Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
305, Kailash Tower, Shiv Shristi Complex, Goregaon Link Road, Mulund West, Mumbai (MH) – 400080
+91 (022) 2081 0011
[email protected]Company website ↗Understanding SAROJA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.