Loading...
August 31, 2023 - September 5, 2023

Saroja Pharma Industries IPO Subscription Details

Saroja Pharma Industries IPO Subscription Status Live

Saroja Pharma Industries IPO subscribed 8.88 times. The public issue subscribed 14.83 times in the retail category, 2.90 times in Other category by September 5, 2023.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Others2.90515,20014,94,40012.55
Retail Investors14.83515,20076,40,00064.18
Total *8.881,030,40091,47,20076.84

Total Application : 4,775 (14.83 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 54,400 equity shares not included.


Saroja Pharma Industries IPO (Day-wise) Subscription Details (times)

DateOtherRetailTotal
Day 1
August 31, 2023
0.111.580.79
Day 2
September 1, 2023
0.493.752.12
Day 3
September 4, 2023
1.147.624.39
Day 4
September 5, 2023
2.9014.838.88

Saroja Pharma Industries IPO Shares Offered

Saroja Pharma Industries IPO is a public issue of 1,084,800 equity shares. The issue offers 515,200 shares to retail investors, 515,200 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker54,4000.465.01%
Other515,2004.3347.49%
Retail515,2004.3347.49%
Total1,084,8009.11100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Saroja Pharma Industries IPO Subscription FAQs

The Saroja Pharma Industries IPO is subscribed 8.88 by September 5, 2023.

Saroja Pharma Industries IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.90
Retail Individual14.83
Employee Reservations[.]
Others[.]
Total Subscription8.88

Retail category of Saroja Pharma Industries IPO subscribed 14.83 times as of date September 5, 2023. The public issue closes on September 5, 2023 for bidding.

An investor can apply in Saroja Pharma Industries IPO online via bank (using ASBA) or the broker (using UPI). The Saroja Pharma Industries IPO shares are offered online only.

The Saroja Pharma Industries IPO is subscribed 8.88 by September 5, 2023.

The Saroja Pharma Industries IPO allotment status is expected on or around September 8, 2023. Visit Saroja Pharma Industries IPO allotment status to check.

The Saroja Pharma Industries IPO listing date is Wednesday, September 13, 2023. The equity share of Saroja Pharma Industries India Limited will list on NSE SME.

Visit Saroja Pharma Industries IPO subscription status page for real-time bidding information about Saroja Pharma Industries IPO.

Saroja Pharma Industries IPO Timetable

IPO Opens OnAugust 31, 2023
IPO Closes OnSeptember 5, 2023
Finalisation of Basis of AllotmentSeptember 8, 2023
Initiation of RefundsSeptember 11, 2023
Credit of Shares to Demat AccountSeptember 12, 2023
IPO Listing DateSeptember 13, 2023