214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Saroja Pharma Industries India IPO (Saroja Pharma Industries India Limited IPO) Detail

Saroja Pharma Industries India Limited is an Chemical - Speciality based company, located in Mumbai, Saroja Pharma Industries India Limited IPO size was 9.11 Cr. and was issued at 84.00 per share. The share of Saroja Pharma Industries India Limited were listed at 68.25 per share and are currently trading at 45.85 per share.

Type :
Sub Sector : Pharmaceutical And Healthcare
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
50.35 Cr.

PAT :
1.06 Cr.

Pricing Report

Issue Price :
84.00

Listing Price :
68.25

Current Market Price :
45.85

Issue Price vs CMP :
38.15 (45.42%)

listing Price vs CMP :
22.4 (32.82%)

Performance Report (CAGR* wise)

CAGR : -25.29
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Saroja Pharma Industries India

Company Information
Saroja Pharma Industries was founded in 2019 by Mr. Biju Gopinath Nair and Mr. Manish Dasharath Kamble, with a clear vision of becoming a globally integrated and highly regarded pharmaceutical and healthcare company, the two promoters embarked on a journey to establish their business. In its initial stages, the company operated as a Private Limited entity, operating under the name of "Saroja Pharma Industries India Private Limited." During this time, they focused on building a strong foundation and laying the groundwork for their future growth and success. With dedication and strategic planning, they managed to establish a reputable presence in the pharmaceutical industry. As the company expanded and gained momentum, the promoters made a significant decision to convert their business from a Private Limited Company
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Object of Issue
  • To Set-up a Manufacturing Unit
  • To Repay the Unsecured Loans
  • Public Issue Expenses

Saroja Pharma Industries India SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Sep, 2023
IPO Size :
9.11 Cr.
Market Cap :
33.77 Cr.   
IPO Subscription :
8.88 X     
PE Multiple :
23.27
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Saroja Pharma Industries India operates in Chemical - Speciality and Pharmaceutical And Healthcare. The Issue is listed on NSE EMERGE in Sep, 2023. Saroja Pharma Industries India IPO size was 9.11 Cr. with Issue price of 84.00 .

Saroja Pharma Industries India IPO subscription was 8.88 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Saroja Pharma Industries India IPO listed at a listing price of 68.25 against the offer price of 84.00.

The current market price of Saroja Pharma Industries India is 45.85.

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