The Sai Life Sciences IPO has begun on 11-December-2024. It will close on 13-December-2024. The Total IPO Size is 3,042.62 Crores. The company set its IPO price is 1050000 Rs Per Share.
Basically, there are three basic categories in Sai Life Sciences IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3)Retails.
Sai Life Sciences is incorporated in 1999.
Sai Life Sciences providesend to-end services across the drug discovery, development, and manufacturing value chain, for small molecule new chemical entities (“NCE”), to global pharmaceutical innovator companies and biotechnology firms.
As of March 31, 2024, our CDMO product portfolio included more than 150 innovator pharmaceutical products, including 38 products that were supplied for manufacturing of 28 commercial drugs.
They served more than 280 innovator pharmaceutical companies, including 18 of the top 25 pharmaceutical companies (in terms of revenue for the calendar year 2023), across regulated markets, including the US, the UK, Europe and Japan.
The development and manufacturing portfolio consisted of 38 APIs and intermediates used in the manufacturing of 28 commercial drugs.
Kanumuri Ranga Raju, Krishnam Raju Kanumuri, Kanumuri Mytrey, Sai Quest Syn Private Limited, Sunflower Partners, Lily Partners, Marigold Partners and Tulip Partners is a promoter’s of the company.
Sai Life Sciences IPO Date, Details & Price Band
The Sai Life Sciences IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 11-December-2024 |
| IPO Closing Dates | 13-December-2024 |
| Price Band | 522-549 Rs |
| Fresh Issue | 950 Crores |
| Offer for Sale | 2,092.62 Crores |
| Total IPO size | 3,042.62 Crores |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Sai Life Sciences IPO Market Lot
The Sai Life Sciences IPO minimum market lot is 27 shares With 14,823 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 27 | 14,823 ₹ |
| Retail Maximum | 13 | 351 | 192,699 ₹ |
| S-HNI Minimum | 14 | 378 | 207,522 ₹ |
| S-HNI Maximum | 67 | 1809 | 993,141 ₹ |
| B-HNI Minimum | 68 | 1836 | 1,007,964 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-24 | 2,476.78 | 693.35 | 28.01 |
| 31-Mar-24 | 2,275.14 | 1,494.27 | 82.81 |
| 31-Mar-23 | 2,186.65 | 1,245.11 | 9.99 |
Sai Life Sciences IPO GMP & Grey Market Premium
Sai Life Sciences IPO GMP Grey market premium has been started today. Check Latest Sai Life Sciences IPO GMP, Kostak Rates and Subject to Sauda Price here.
Sai Life Sciences IPO Prospectus
Sai Life Sciences IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Sai Life Sciences IPO Prospectus.
| DRHP | Download |
| RHP | Download |
Sai Life Sciences IPO Allotment Date & Details
| Allotment Date | 16-December-2024 |
| Initiation of refunds | 17-December-2024 |
| Transfer of shares to Demat accounts | 17-December-2024 |
| Listing Date | 18-December-2024 |
| Check Allotment Status | Click here |
Registrar of Sai Life Sciences
KFin Technologies Limited
Address: Selenium Tower B, Plot No. 31 and 32,
Financial District, Nanakramguda, Serilingampally
Hyderabad -500 032, Telangana, India
Telephone Number: +91 40 6716 2222
Toll Free No.: 18003094001
Website: www.kfintech.com
Investor Grievance E-mail:[email protected]
Contact Person: M. Murali Krishna
SEBI Registration Number: INR000000221
Sai Life Sciences Contact Details
Sai Life Sciences Limited
Plot No. DS-7, IKP Knowledge Park
Turkapally Village, Shameerpet Mandal,
Malkajgiri District, Hyderabad-500078
Phone: +9140 6815 6000
Email: [email protected]
Website: https://www.sailife.com/
Sai Life Sciences IPO Lead Managers
Kotak Mahindra Capital Company Limited
Jefferies India Private Limited
Morgan Stanley India Company Pvt Ltd
Iifl Securities Ltd