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LISTEDSME

Saroja Pharma Industries IPO

Open 31st Aug 2023 · Close 5th Sep 2023 · Listing 13th Sep 2023

Price BandTBA
Live GMP₹0.00
Subscription8.88×
Issue Size₹9.11 Cr
Allotment8th Sep 2023

At a glance

Updated 2026-08-23

Saroja Pharma Industries is a SME IPO with an issue size of ₹9.11 crore, proposed for listing on NSE SME. The offer opens on 31st Aug 2023 and closes on 5th Sep 2023. The issue structure includes a fresh issue of ₹8.66 crore.

Issue details

Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹9.11 Cr
Fresh issue₹8.66 Cr
Face value₹10
Price band—–—
Allotment8th Sep 2023
Listing13th Sep 2023

Grey market

GMP page ↗
Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹84.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens31st Aug 2023
Closes5th Sep 2023
Allotment8th Sep 2023
Refund11th Sep 2023
Demat12th Sep 2023
Listing13th Sep 2023

Subscription demand

Full bidding ↗
Total8.88×

Lot size

InvestorLotsSharesAmount
Minimum Bid11600

Company

Incorporated2019

Use of proceeds

ObjectAmount
To Set-up a Manufacturing Unit₹7.05 Cr
To Repay the Unsecured Loans₹1.75 Cr

31 Mar 2021

Assets8.22
Total Income36.75
Profit After Tax0.73
NET Worth0.94
Reserves and Surplus0.93
Total Borrowing3.02

31 Mar 2022

Assets15.51
Total Income55.96
Profit After Tax1.14
NET Worth4.03
Reserves and Surplus3.80
Total Borrowing6.14

31 Mar 2023

Assets21.34
Total Income50.35
Profit After Tax1.06
NET Worth5.09
Reserves and Surplus2.15
Total Borrowing10.19
Trend chart₹ crore

KPIs

KPIMar 31, 2023
ROE15%
ROCE25%
Debt / Equity2.00%
RoNW20.85%
PAT Margin2.11%
EBITDA Margin5.73%
Price to Book Value4.85

Valuation & shareholding

Pre-IPO EPS3.61
Post-IPO EPS2.64
Pre-IPO P/E23.25
Post-IPO P/E31.84
Promoter holding pre100%
Promoter holding post73.02%
Market cap₹33.77 Cr.

Issue expenses

ExpenseAmount
Lead Manger Fees including Underwriting Commission₹0.23 Cr
Fees Payable to Registrar to the Issue₹0.01 Cr
Fees Payable Advertising, Marketing Expenses and Printing Expenses₹0.03 Cr
Fees Payable to Regulators including Stock Exchanges and other Intermediaries₹0.04 Cr
Fees payable to Peer Review Auditor and other advisor₹0.01 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • Swastika Investmart Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.