Share the post "IPO Launch: Sai Life Sciences’s Initial public offering on 11-12-2024!"
An IPO, or Initial Public Offering, is the first sale of stock by a private company to the public, marking its entry into the stock market. This process helps the company raise funds for expansion and provides liquidity to existing shareholders. The IPO process includes setting a share price, marketing the offering, and complying with regulatory requirements to ensure transparency for potential investors. Sai Life Sciences IPO of Initial public offering type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 11 Dec 2024 to 13 Dec 2024 , with a market lot of 27 shares. This call notice includes , covering ₹1.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | Sai Life Sciences Limited |
|---|---|
| Offer Price () | 522.00 – 549.00 |
| Face Value | 1.00 |
| Type Of Issue | IPO |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Symbol | SAILIFE |
| Issue Period | 11 Dec 2024 to 13 Dec 2024 |
| Issue Size – No. Of Shares | 5,63,16,167 |
| Price Band | 522.00-549.00 |
| Tick Size | 1.00 |
| Market Lot | 27 |
| Minimum Bid Quantity | 27 |
| Maximum Bid Quantity For Qualified Institutional Investors | 56316141 |
| Maximum Bid Quantity For Non-Institutional Investors | 28158084 |
| Book Running Lead Manager | 1) Kotak Mahindra Capital Company Limited2) IIFL Capital Services Limited (Formerly known as IIFL Securities Limited)3) Jefferies India Private Limited4) Morgan Stanley India Company Private Limited |
| Registrar | KFin Technologies Limited |
| Sponsor Bank | 1) AXIS BANK2) HDFC BANK |
Sai Life Sciences IPO opens on 11-12-2024, and closes on 13-12-2024
| Start Date | 11-12-2024 |
|---|---|
| End Date | 13-12-2024 |
| Issue Period | 11 Dec 2024 to 13 Dec 2024 |
Here are more informative data links:
- Price-Band Advertisement
- Syndicate Member
- Prospectus & GID
- Blank ASBA Form
- Online ASBA Form
- Revised Online ASBA Form
- Registrars To An Issue And Share Transfer Agents/Depository Participants
- Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form
- List Of SCSBs For Syndicate ASBA And Under ASBA Facility
- Self Certified Syndicate Banks Eligible As Issuer Banks For UPI
