Sai Life Sciences IPO
CDMO Pharma - Listed on 18 December 2024
Sai Life Sciences IPO listing summary
Sai Life Sciences (CDMO Pharma) closed its IPO window in 2024 and listed on NSE and BSE on 18 December 2024 at an upper band issue price of Rs 549, opening at Rs 764.65 for a listing gain of +39.3% and closing day one at Rs 764.65 (+39.3% on closing basis). The IPO was subscribed 10.27x overall - QIB 29.78x, HNI/NII 4.99x, Retail 1.39x. The total issue size was Rs 3,042.62 Cr (Fresh Issue Rs 950 Cr, OFS Rs 2092.62 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Sai Life Sciences IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 400 | +7.65% |
| Day 2 | Rs 380 | +6.38% |
| Day 3 | Rs 400 | +4.01% |
| Day 4 | Rs 380 | +3.64% |
| Day 5 | Rs 400 | +3.64% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Sai Life Sciences IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Sai Life Sciences IPO - FAQs
What was the listing gain of Sai Life Sciences IPO?
Sai Life Sciences IPO listed at +39.3% versus the upper issue price of Rs 549 on 18 December 2024.
How many times was Sai Life Sciences IPO subscribed?
Sai Life Sciences IPO was subscribed 10.27x overall. QIB portion was subscribed 29.78x, HNI / NII 4.99x and Retail 1.39x.
What was the IPO GMP for Sai Life Sciences?
IPO GMP started at Rs 400 on Day 1 and moved to Rs 400 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.