SMEClosed

Saroja Pharma Industries India Limited IPO Subscription Status

📅Offer Date: 31 Aug 2023 – 05 Sept 2023

Minimum investment
₹1,34,4001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total8.79x
QIB2.90x
NII2.90x
Retail14.65x

Saroja Pharma Industries India Limited IPO was subscribed 8.79x in total when bidding closed on 05 Sept 2023, with 2.90x in the QIB category, 2.90x in NII, 14.65x in retail. The issue ran from 31 Aug 2023 to 05 Sept 2023 at a price band of ₹84.00 per share.

QIB2.90xNII2.90xRetail14.65xTotal8.79x1×

Times subscribed by category against the 1× line.

15
≈ 1 in 15 retail allotment
low allotment chance

Based on retail subscription (14.65x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail5,15,20075,47,68014.65x
Total10,30,40090,57,2168.79x
QIB / NII5,15,20014,94,0802.90x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail4.3363.4014.65x
QIB / NII4.3312.552.90x
Total8.6675.958.79x

Values derived from share count × issue price (₹84.00)

What this means for allotment & listing

Because Saroja Pharma Industries India Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Saroja Pharma Industries India Limited IPO subscription FAQs