Saroja Pharma Industries
Saroja Pharma Industrieslisted
₹1.34LMin. investment
About Saroja Pharma Industries
Issue size
₹9.11Cr
IPO type
SME
Price range
₹84.00 – ₹84.00
Lot size
1600 shares
RHP/DRHP
Read
Price range₹84.00 – ₹84.00
IPO type
SME
Lot size1600 shares
Issue size₹9.11Cr
RHP/DRHP
Read
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About the Saroja Pharma Industries IPO
Incorporated in 2019, Saroja Pharma Industries supplies specialty chemicals and active pharmaceutical ingredients (API) used for pharmaceutical products, human and veterinary medicine.
Company accepts product demand from its clients, manufactures it through suppliers and dispatches finished products across India and abroad. Company’s clientele base has increased in the past two years. Hence, the company plans to foray into manufacturing of API Pharma products.
Saroja Pharma has a presence in various countries, including Pakistan, UK, Jordan, Singapore, Belarus, Uruguay, Australia, Germany, Egypt and others through registered and/or under registration products. The company aims to provide a comprehensive range of pharmaceutical solutions that cater to the diverse needs of its expanding customer base.
Now, Saroja Pharma Industries is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to set-up a manufacturing unit, to repay its unsecured loans & for public issue expenses.
Here are key details about the Saroja Pharma Industries IPO :
Company Name | Saroja Pharma Industries | Company Type | Private | |
---|---|---|---|---|
IPO Type | SME |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Saroja Pharma Industries ?
The issue size of the Saroja Pharma Industries is 9.11 Cr.
What is 'pre-apply' for Saroja Pharma Industries ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Saroja Pharma Industries shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts31 Aug 2023
- Bidding ends5 Sep 2023
- Allotment finalisation2 Sep 2023
- Release of funds11 Sep 2023
- Demat transfer8 Sep 2023
- Listing13 Sep 2023