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The IPO of Saroj Pharma Industries India Limited (Saroja Pharma Industries IPO) has received good response on the first day. The company’s IPO (IPO News) was 79 percent subscribed on the first day i.e. Thursday. Retail investors are showing great interest in this IPO. His response must have emboldened the company’s management. Let us tell you that there is still an opportunity to subscribe to this IPO.
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What is a price band? (Saroja Pharma Industries IPO Price Band)
The company has Rs. 10 per share with a face value of Rs. 84 is the price band. The company has made a lot size of 1600 shares. Due to which the investor has to invest at least 1,34,400 rupees. Whereas, any retail investor can subscribe for a maximum of 2 lots.
Subscription Details (Saroja Pharma Industries IPO Subscription)
As per information received on the first day, the IPO of Saroj Pharma Industries India Limited was subscribed 0.79 times. Out of which 1.58 times subscription was received in retail category and 0.11 times in other category. Investors have till September 5 to subscribe to this IPO.
When will the listing happen? (Saroja Pharma Industries IPO Listing)
The allotment of shares to investors speculating on the IPO of Saroj Pharma Industries India Limited will be made on September 8, 2023. The listing of the company in the stock market will take place on September 13. Please tell Saroj Pharma Industries India Limited to be listed on both BSE and NSE.