Saroja Pharma Industries India IPO — Listing Performance
Saroja Pharma Industries India IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 31 Aug 2023 |
| Listing date | 13 Sep 2023 |
| Issue price | ₹84 |
| Listing-day close | ₹68.25 (-18.75%) |
| Recent market price | ₹39.80 (-52.62% vs issue) |
| 52-week range | ₹28 – ₹51.75 |
| Identifiers | NSE: SAROJA · ISIN: INE0PCL01011 |
How the listing went
Saroja Pharma Industries India listed at a discount, closing its first day 18.75% below the issue price.
Saroja Pharma Industries India against every other debut on record
- Rank in 2023: 172 of 172 NSE debuts, on a -18.75% first-day close.
- 0th percentile of 116 SME debuts in 2023 (median 20.72%).
- 28th of 28 debuts in September 2023.
- Opened 22.62% below issue, then added 3.87 points to the close.
- Day-one range ₹65 to ₹68.25: a 3.87% swing on the issue price.
- Last close ₹39.80 (10 Sep 2026): 52.62% below issue, against -18.75% on day one.
- 5% up its 52-week range of ₹28 to ₹51.75.
- Listed 8 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources