Saroja Pharma IPO allotment started on 31st August 2023 and those who have submitted their applications before 5th September 2023 can check the allotment status on 8th September 2023. Stay tuned to know more about the Initial Public Offering (IPO) allotment status.
Saroja Pharma IPO Allotment Status
The launch date of Saroja Pharma’s initial public offering (IPO) was August 31 to September 5. The Rs 9.11 crore NSE SME IPO is being conducted by Saroja Pharma. The price range for Saroja Pharma IPO has been defined at Rs 84. With the goal of providing the largest service in chemistry business with top premium pharmaceutical companies in India and abroad for affordable human and veterinary medicines, Saroja Pharma Industries was established.
This business deals with pharmaceutical active pharmaceutical ingredients (APIs), pharmaceutical intermediates, chemicals and solvents used in human and veterinary medicine. They are engaged in trading of Active Pharmaceutical Ingredients, Specialty Chemicals and Pharmaceutical Intermediates. Additionally, they import, export and supply specialty chemicals to actual consumers.
| opening date | 31 August 2023 |
| Last date | 5 September 2023 |
| basis of allocation | 8 September 2023 |
| refund initiative | 11 September 2023 |
| listing date | 13 September 2023 |
They continuously deliver customized specialty chemicals as per the wishes and demands of the customers in India and internationally. Saroja Pharma Specialty Chemicals and its intermediates are widely used in industries including pharmaceutical, agriculture and chemicals for humans and animals.
Saroja Pharma IPO Allotment Refund and Listing
Saroja Pharma IPO refund will commence on 11th September 2023 as per the announced dates and schedule. Candidates can check the listing on 13th September 2023, after the listing is released candidates can check it using their application number and PAN details. As per the update, allotment will take place on 8th September 2023 at 10:00 PM and 11th September 2023 at 11:00 AM.
Saroj Pharma IPO Important Dates
Saroj Pharma IPO will launch on 31st August 2023 and candidates will have time till 5th September 2023 and the window will close on 5th September 2023. So, you can do this only on the website of KFIN Technologies Limited (formerly Karvy Computershare), IPO. register.
The amount of allotment of the IPO will depend on how much the retail, HNI/NII and QIB portions were oversubscribed, and only valid applications will be accepted. However, we will check this later. Let us first see how to check the allotment status of IPO Saroja Pharma Industries Limited. These are the processes.
Saroja Pharma IPO Allotment Status Link
The IPO allotment status will be confirmed on September 8, 2023. Therefore, the allotment status can be verified online on the website of the IPO registrant by the end of September 8, 2023 or by the middle of September 9, 2023. The allotment status of an IPO can usually be found on the BSE website or. Website of the Registrar of IPOs for all mainboard offers.
However, the IPO of Saroja Pharma Industries Limited will be listed only on NSE and not on BSE as it is an NSE-SME Emerge IPO. BSE will not provide the allotment status for this IPO, while NSE generally does not provide online allotment information on its website.
Saroja Pharmaceutical Industries IPO Share
Saroja Pharma is known for its pharmaceutical products and its shares are in high demand. liquid bromine, which is used as an agricultural intermediate, ethyl acetate, which acts as an API solvent, and several drugs with applications in both human and veterinary medicine, some of which also act as API solvents. These are some of the items offered by Saroja. Pharma industry. APIs, also known as bulk actives or bulk medicines, are essential ingredients used to create complete dosage forms such as tablets, capsules, liquids, and other dosage formats. These are often combined with additional APIs or inactive compounds.
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