247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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

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 53.00 per share.

Type :
Sub Sector :
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 :
53.00

Issue Price vs CMP :
31 (36.90%)

listing Price vs CMP :
15.25 (22.34%)

Performance Report (CAGR* wise)

CAGR : -28.74
-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.

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 busi ness from a Private Limited Company
Show More
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
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Mumbai



AAA Technologies Limited

  Information security audit and consulting

  Mumbai


Peer Companies Of This Sector

FAQs

Saroja Pharma Industries India operates in Chemical - Speciality and . 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 53.00.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency