Sai Life Sciences Ltd
Price Range
₹522 - ₹549
Min. Quantity
27
Closes on
13 December 2024
Min. investment
₹14,823/351 Shares
Sai Life Sciences Ltd IPO Timeline
Sai Life Sciences Limited was originally incorporated as Sai Dru Syn Laboratories Limited' as a Public Limited Company, dated January 25, 1999, issued by the Registrar of Companies, Andhra Pradesh at Hyderabad. The Company received the Certificate of Commencement of Business from Registrar of Companies, Andhra Pradesh on February 17, 1999. Subsequently, the Company name was changed from Sai Dru Syn Laboratories Limited' to Sai Life Sciences Limited' dated December 16, 2003.
| Event | Date |
|---|---|
| Sai Life Sciences Ltd IPO Opening Date | 11 December 2024 |
| Sai Life Sciences Ltd IPO Closing Date | 13 December 2024 |
| Basis of Allotment | 16 December 2024 |
| Initiation of Refunds | 17 December 2024 |
| Credit of Shares to Demat | 17 December 2024 |
| Sai Life Sciences Ltd IPO Listing Date | 18 December 2024 |
Sai Life Sciences Ltd IPO Details
| Sai Life Sciences Ltd IPO Date | 11 December 2024 to 13 December 2024 |
| Sai Life Sciences Ltd IPO Face Value | ₹1 per share |
| Sai Life Sciences Ltd IPO Price | ₹522 to ₹549 per share |
| Sai Life Sciences Ltd IPO Lot Size | 27 |
| Issue Size | Shares of ₹1 (aggregating up to ₹3,042.62 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹950 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹2,092.62 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,06,71,763 of the Net Offer |
| Retail Shares Offered | Not less than 1,97,10,659 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 84,47,426 of the Net Offer |
| Company Promoters | Kanumuri Rangaraju, Krsihnam Raju Kanumuri, Mytreyi Kanumuri |
Sai Life Sciences Ltd IPO Lot Size
The Sai Life Sciences Ltd IPO lot size is 27 shares. A retail-individual investor can apply for up to 13 lots (351 shares or ₹1,92,699).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 27 | ₹14,823 |
| Maximum | 13 | 351 | ₹1,92,699 |
- Strengths
- Risks
- Opportunities
- One of the largest integrated Indian CRDMOs in terms of revenue from operations for the Financial Year 2024, acting as a one-stop platform for discovery, development and manufacturing.
- CDMO platform with a diverse mix of commercial and under-development molecules.
- Fast-growing, integrated Discovery capabilities with focus on biology, chemistry and DMPK services.
- Long-standing relationship with a diverse base of existing and new customers.
- Modern R&D infrastructure with a differentiated delivery model and strong regulatory track-record.
- Experienced management team and Board supported by a qualified scientific talent pool.
- Strategic business investments with improving profitability metrics.
Company Financials
Sai Life Sciences Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,239.92 | 1,448.01 | 95.23 |
| 03-2023 | 2,130.62 | 1,185.36 | 24.24 |
| 03-2022 | 2,105.89 | 869.17 | 15.68 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment in full or part of all or certain outstanding borrowings availed by the company
- General corporate purposes
Sai Life Sciences Ltd IPO Promoter Holding
| Pre Issue Share Holding | 0.09% |
| Post Issue Share Holding | 0.08% |
Sai Life Sciences Ltd IPO Subscription Status (Bidding Detail)
The Sai Life Sciences Ltd IPO is subscribed 10.26 times on 13 December 2024 05:00:00 PM. The public issue subscribed 1.3654 times in the retail category, 30.9344 times in the QIB category, and 4.9154 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 30.9344 | 4.9154 | 1.3654 | - | 10.26 |
Sai Life Sciences Ltd IPO Prospectus
Sai Life Sciences Ltd IPO Listing Date
| Listing Date | 18 December 2024 |
| BSE Script | 544306 |
| NSE Symbol | SAILIFE |
| Listing In | BSE, NSE |
| ISIN | INE570L01029 |
| IPO Price | ₹549 |
| Face Value | ₹1 |
Company Contact Information
Plot #.DS-7 IKP Knowledge ParkTurkapally (V) Shameerpet Md,Hyderabad-500078
Phone: +91 40 6815 6000
Email: investors@sailife.com
Website: www.sailife.com
Sai Life Sciences Ltd IPO Registrar
Sai Life Sciences Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Ltd
- IIFL Securities Ltd
- Jefferies India Pvt Ltd
- Morgan Stanley India Company Pvt Ltd
FAQ
What is the issue size of Sai Life Sciences Ltd IPO?
I have pre-applied for Sai Life Sciences Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.