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August 31, 2023 - September 5, 2023

Saroja Pharma Industries IPO FAQ

Saroja Pharma Industries IPO Date & Price

The Saroja Pharma Industries IPO opens on August 31, 2023 and closes on September 5, 2023.

Saroja Pharma Industries IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 31, 2023
  • Bid/Offer Closes On: September 5, 2023
  • Finalization of Basis of Allotment: September 8, 2023
  • Initiation of refunds: September 11, 2023
  • Credit of Equity Shares: September 12, 2023
  • Listing Date: September 13, 2023

Saroja Pharma Industries IPO price is set at ₹84 per equity share.

Saroja Pharma Industries IPO will close for subscription at 5 PM on September 5, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Saroja Pharma Industries IPO starts on August 31, 2023. The issue ends on September 5, 2023.

Saroja Pharma Industries IPO Issue Size and Subscription Status

The Saroja Pharma Industries IPO size is 1084800 Equity Shares of ₹10 aggregating up to ₹9.11 Cr.

Saroja Pharma Industries India Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Saroja Pharma Industries IPO shares through the banks (using ASBA) or through the broker (using UPI).

Saroja Pharma Industries IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)515,200 Shares
Retail Individual Investor (RII)515,200 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,030,400 Shares

Saroja Pharma Industries IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.90 times times
Retail Individual Investor (RII)14.83 times times
Employee Reservations times
Other Reservations times
Total Issue Size8.88 times times

Click here to check the Saroja Pharma Industries IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Saroja Pharma Industries IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Saroja Pharma Industries IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Saroja Pharma Industries IPO Allotment and Listing

The Saroja Pharma Industries IPO allot status will be available online on September 8, 2023. Check the Saroja Pharma Industries IPO Allotment Status here.

Click here to check Saroja Pharma Industries IPO Allotment Status.

Saroja Pharma Industries IPO listing Date is September 13, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Saroja Pharma Industries IPO listing date and time is published by the exchange in a circular.

Click here to view the Saroja Pharma Industries IPO Basis of Allotment.

It is hard to say at what price Saroja Pharma Industries IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Saroja Pharma Industries IPO shares will list on September 13, 2023 at NSE SME.

Saroja Pharma Industries IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Saroja Pharma Industries IPO which could help you with questions like Saroja Pharma Industries IPO buy or not? You should also read Saroja Pharma Industries IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Saroja Pharma Industries IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Saroja Pharma Industries IPO performance. The performance reports are available 1 day after listing.