Saroja Pharma Industries Limited

Company Profile
Company Name Saroja Pharma Industries Limited
Open Date 31-08-2023
Close Date 05-09-2023
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹84 per share
Issue Size 10,84,800 Equity Shares
Application Amount ₹ 1,34,400
Recommendation Avoid
Saroj Pharma Industries Limitedwas incorporated in the year 2019 and has its registered office in Mumbai, Maharashtra.The Company is engaged in trading, exporting and supplying speciality chemicals and API. The company is into Active Pharmaceuticals Ingredients, Specialty Chemicals, and Intermediates for Pharma trading. The company’sSpecialty chemicals & its intermediates have wide application in sectors like pharma, agro & chemicals for human and veterinary. As of March 23, the Company has 13 employees on its payroll.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 822.39 1,551.19 2,133.98
Net Assets 93.59 402.60 508.66
Total Borrowings 301.77 613.87 1,018.86
Total Revenue 3,674.66 5,595.67 5,035.09
Profit After Tax 74.02 114.33 106.07

Tentative Timeline

Opening Date 31-08-2023
Closing Date 05-09-2023
Basis of Allotment 08-09-2023
Initiation of Refunds 11-09-2023
Credit of Shares to Demat 12-09-2023
Listing Date 13-09-2023

Objects of the Issue

Set up a Manufacturing Unit
Repay the Unsecured Loans
Public Issue Expenses

Contact Information

Registered Office Saroja Pharma Industries India Limited 305, Kailash Tower, Shiv Shristi Complex, Goregaon Link Road, Mulund West, Mumbai (MH) – 400080
Phone +91 (022) 2081 0011

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Shareholding Pattern

Pre Issue Share Holding (Promoters) 100.00%
Post Issue Share Holding (Promoters) 73.02%

Contact Us to Enable Your Success!