Sai Parenteral's IPO Details, Timeline, Subscription, Review
Mainboard IPO

Sai Parenteral's Limited IPO

Complete analysis, live subscription status, and investment review

Sai Parenteral's Logo

Incorporated in 2001, Sai Parenteral's Ltd. is a diversified pharmaceutical formulations company with expertise in research, development, and manufacturing. The company operates across two segments: Branded Generic Formulations and Contract Development and Manufacturing Organisation (CDMO) services.

With five manufacturing facilities across Telangana and Andhra Pradesh, the company serves a wide customer base including government agencies, private hospitals, and international markets like Australia and Southeast Asia.

IPO Date Mar 24 - Mar 27, 2026
Price Band ₹372 - ₹392
Min. Investment ₹14,896 (38 Shares)
Issue Size ₹408.79 Cr
IPO Issue Information
IPO NameSai Parenteral's IPO
Listing AtBSE, NSE
Face Value₹5 per share
Total Issue Size1,04,28,288 shares (₹408.79 Cr)
Fresh Issue72,70,408 shares (₹285.00 Cr)
Offer for Sale31,57,880 shares (₹123.79 Cr)
RegistrarBigshare Services Pvt. Ltd.
IPO Timetable
IPO Opens OnTuesday, March 24, 2026
IPO Closes OnFriday, March 27, 2026
Allotment FinalizationMonday, March 30, 2026
Refund InitiationWednesday, April 1, 2026
Credit of SharesWednesday, April 1, 2026
Listing DateThursday, April 2, 2026
Day-wise GMP Trend
GMP Date IPO Price GMP Subscription Est. Listing Price Est. Profit
02-04-2026 (Listing)392.00₹0 ▬1.08x₹392 (0.00%)₹0
01-04-2026392.00₹0 ▬1.08x₹392 (0.00%)₹0
31-03-2026392.00₹0 ▬1.08x₹392 (0.00%)₹0
30-03-2026 (Allotment)392.00₹0 ▬1.08x₹392 (0.00%)₹0
29-03-2026392.00₹0 ▬1.08x₹392 (0.00%)₹0
28-03-2026392.00₹0 ▬1.08x₹392 (0.00%)₹0
27-03-2026 (Close)392.00₹0 ▬1.08x₹392 (0.00%)₹0
26-03-2026392.00₹0 ▬0.42x₹392 (0.00%)₹0
25-03-2026392.00₹0 ▬0.42x₹392 (0.00%)₹0
24-03-2026 (Open)392.00₹0 ▬0.05x₹392 (0.00%)₹0
23-03-2026392.00₹0 ▬--₹392 (0.00%)₹0

* Estimated Profit/Loss per lot. Market demand dictates actual price.

Subscription Status (Final Day)
Investor Category Subscription (x) Shares Offered Shares Bid For
Qualified Institutional (QIB)1.7320,85,65936,10,266
Non-Institutional (NII)2.4515,64,24338,31,502
Retail Individual (RII)0.1236,49,9014,39,204
Total1.0872,99,80378,80,972
Sai Parenteral's IPO FAQs

Investors can bid for a minimum of 38 shares and in multiples thereof. The minimum amount of investment required by a retail investor is ₹14,896.

The company plans to use the net proceeds for capacity expansion and upgradation of manufacturing facilities (₹110.80 Cr), establishing a new R&D center (₹18.02 Cr), repayment of borrowings (₹14.30 Cr), and working capital requirements (₹33.00 Cr).

The promoters of Sai Parenteral's Limited are Anil Kumar Karusala, Vijitha Gorrepati, and Karusala Aruna.