IPO Price History
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Saroja Pharma Industries India Limited logo

Saroja Pharma Industries India Limited IPO

SME IPOListedSAROJANSE
Current Market Price (CMP)
₹41(-51.19%)
Current Price (CMP)
₹41(-51.19%)

Live Market Quote

Listing Price & Gain
₹65(-22.62%)

Day 1 Exchange Open

IPO Issue Price
₹84

Band: ₹84

Total Subscription
8.47x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
31 Aug 2023
IPO Bidding Closes
05 Sept 2023
Allotment & Refunds
Completed
Exchange Listing Day
13 Sept 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 8.47x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription8.47x
Updated as on 05-Sep-2023 17:42:00

Listing Day & Return Performance

Listing Day Gain-22.62%
₹84 (Issue) → ₹65 (List)
Per share profit: ₹-19.00
Holding Return (Till Date)-51.19%
₹84 (Issue) → ₹41 (CMP)
Net gain per share: ₹-43.00
Post-Listing Performance (Listing Day → Today):-36.92%

About Saroja Pharma Industries India Limited IPO

Saroja Pharma Industries India Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 31 Aug 2023 and concluded on 05 Sept 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹84.

During the bidding window, Saroja Pharma Industries India Limited recorded an overall subscription of 8.47 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Saroja Pharma Industries India Limited officially debuted on the stock exchanges on 13 Sept 2023 at an opening listing price of ₹65, delivering a listing day return of -22.62% (discount) over the final issue price. As per the latest market data, the stock trades at ₹41, representing an overall decline of -51.19% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Saroja Pharma Industries India Limited IPO?
The issue price of Saroja Pharma Industries India Limited IPO was fixed at ₹84 per equity share. The indicative bidding price band was ₹84.
What were the open, close, and listing dates for Saroja Pharma Industries India Limited IPO?
Saroja Pharma Industries India Limited IPO opened on 31 Aug 2023, closed on 05 Sept 2023, listed on 13 Sept 2023.
How much was Saroja Pharma Industries India Limited IPO subscribed?
The IPO received an overall subscription of 8.47 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Saroja Pharma Industries India Limited IPO?
Saroja Pharma Industries India Limited IPO listed on the stock exchange at ₹65, delivering a listing discount of 22.62% compared to the IPO issue price of ₹84.
Is Saroja Pharma Industries India Limited IPO a Mainboard or SME IPO?
Saroja Pharma Industries India Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Saroja Pharma Industries India Limited IPO since its IPO?
At the latest market quote of ₹41, Saroja Pharma Industries India Limited IPO has generated an all-time return of -51.19% since its initial public offering.

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