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Sai Life Sciences IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 11 Dec 2024 - 13 Dec 2024
Issue Size ₹3,042.62 Cr
Issue Price ₹522-549
Market Lot 27 Shares
Shares on Offer 17,304,189
Registrar KFintech
GMP ₹30-31
Kostak N/A
Subject to Sauda N/A
Listing Date 18 Dec 2024
Listing Price N/A
Listing Gain% N/A

About Sai Life Sciences Limited

The Initial Public Offering (IPO) of Sai Life Sciences, a leading Contract Research and Manufacturing Services (CRAMS) company, has garnered significant attention in the Indian capital markets. As investors look to capitalize on the opportunity, one of the critical metrics they often look at is the IPO's Grey Market Premium (GMP). This premium can offer some insights into the market's sentiments towards the upcoming IPO. In this article, we will delve into the Sai Life Sciences IPO, its GMP, and the factors affecting the pricing and investor outlook.​

Business Overview

Sai Life Sciences, established in 1999, is a key player in the contract research and manufacturing services (CRAMS) industry. The company offers a range of services from preclinical to commercial manufacturing of active pharmaceutical ingredients (APIs) and drug intermediates. Sai Life Sciences has a global footprint with significant operations in India, the United States, and Europe.

The company’s services cater to pharmaceutical companies, biotech firms, and other players in the life sciences industry, providing end-to-end solutions for drug development and commercialization. Its strong client portfolio includes large global pharmaceutical firms, demonstrating its position as a reliable partner in the CRAMS space.

With a focus on providing innovative solutions, Sai Life Sciences has built a solid reputation for quality, compliance, and scalability. The company plans to use the funds raised through the IPO for expanding its infrastructure, working capital requirements, and general corporate purposes.

Sai Life Sciences’ IPO is considered a significant event for the life sciences sector in India, and it is expected to draw the attention of institutional and retail investors alike. The company is also known for its strong financial performance, making it an attractive prospect for those looking to invest in the growing pharmaceutical and biotechnology sectors.

The Sai Life Sciences IPO is generating significant buzz, and the positive GMP reflects strong investor interest. Given the company’s solid financials, the growth potential of the CRAMS sector, and the relatively attractive pricing, this IPO could be a good opportunity for long-term investors. However, as always, potential investors should conduct their own due diligence and consider their risk tolerance before subscribing to the IPO.

While GMP is a useful indicator of investor sentiment, it should not be the sole factor in making an investment decision. It is essential to evaluate the company's fundamentals, the overall market conditions, and the investment horizon. As the IPO date approaches, the GMP will likely provide further clues about how the market perceives the stock, but investors should also keep an eye on broader market trends and other relevant factors.

In summary, the Sai Life Sciences IPO, coupled with its positive GMP, suggests a strong market interest and a promising growth outlook. Investors looking for exposure to the pharmaceutical and life sciences sectors may find this IPO appealing.

Company Promoters

The promoters of the company are Kanumuri Ranga Raju, Krishnam Raju Kanumuri, Kanumuri Mytrey, Sai Quest Syn Private Limited, Sunflower Partners, Lily Partners, Marigold Partners and Tulip Partners.

Company Financials

Particulars 31-Mar-24 31-Mar-23 31-Mar-22
Total Assets (In ₹ Millions) 2,275.14 2,186.65 2,164.23
Total Revenue (In ₹ Millions) 1,494.27 1,245.11 897.74
Profit After Tax (PAT) (In ₹ Millions) 82.81 9.99 6.23

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
08 Dec 2024 ₹30-31 N/A N/A

Strengths & Weaknesses

Strength
Weakness

Sai Life Sciences Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 11 Dec 2024
Day 2 - 12 Dec 2024
Day 3 - 13 Dec 2024

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Sai Life Sciences Limited IPO FAQs

  1. When will Sai Life Sciences Limited IPO open?

    Sai Life Sciences Limited IPO will open on 11 Dec 2024 and close on 13 Dec 2024.

  2. What is the listing date of Sai Life Sciences Limited IPO?

    Sai Life Sciences Limited IPO will list on 18 Dec 2024.

  3. What is the offer price of Sai Life Sciences Limited IPO?

    The offer price of Sai Life Sciences Limited IPO is ₹522-549.

  4. What is the lot size of Sai Life Sciences Limited IPO?

    The lot size of Sai Life Sciences Limited IPO is 27.

  5. What is the Grey Market Premium (GMP) price of Sai Life Sciences Limited IPO?

    The Grey Market Premium (GMP) price of Sai Life Sciences Limited IPO is ₹30-31.

  6. What is the Kostak price of Sai Life Sciences Limited IPO?

    The Kostak price of Sai Life Sciences Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Sai Life Sciences Limited IPO?

    The Subject to Sauda price for Sai Life Sciences Limited IPO is Not Available at the moment.

Sai Life Sciences Limited IPO Review/Comments

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