Sai Parenterals IPO Lists at ₹392 After 1.08x Subscription

Authored By HDFC SKY | Published at: Apr 2, 2026 01:02 PM IST

Sai Parenterals IPO lists at ₹392 on BSE, NSE after 1.08x subscription

Open Free Demat Account

Mumbai, April 2: Sai Parenterals Limited entered the secondary market on April 2, listing on both the BSE and NSE at ₹392 per share, exactly in line with the upper end of its issue price band.

The ₹408.79 crore IPO, open between March 24 and March 27, 2026, had already signalled a measured investor response during the bidding window.

Sai Parenterals IPO Subscription Status

The issue closed with an overall subscription of 1.08 times as of March 27, 2026.

Not weak, but not aggressive either. Participation remained selective.

Category-wise Sai Parenterals IPO Subscription Status

Category	Subscription (times)
QIB	1.34x
NII (HNI)	2.46x
Retail	0.12x
Total	1.08x

The demand pattern was uneven.

Non-institutional investors showed the strongest interest, while qualified institutional buyers offered moderate support. Retail participation, however, remained notably thin, leaving the segment significantly under-subscribed.

Sai Parenterals Day’s Wise Subscription Summary

Day	Total Subscription
Day 1	Tepid start
Day 2	Gradual build-up
Day 3	1.08x

Momentum built slowly. Most bids came in late.

Sai Parenterals IPO Timeline

Event	Date
Issue Open Date	March 24, 2026
Issue Close Date	March 27, 2026
Basis of Allotment	March 30, 2026
Initiation of Refunds	April 1, 2026
Credit of Shares	April 1, 2026
Listing Date	April 2, 2026

Brief Overview Of The IPO

The Sai Parenterals IPO comprised a fresh issue of ₹285 crore alongside an offer for sale of ₹123.79 crore, aggregating to ₹408.79 crore.

Shares were priced between ₹372 and ₹392, with the final issue price fixed at ₹392 per share. The lot size was set at 38 shares.

Sai Parenterals operates in the pharmaceutical manufacturing space, with a focus on injectable formulations and associated healthcare products.

With its shares now listed at the issue price, the company begins its journey in the public markets without any immediate re-rating on debut.

Source:

https://www.nseindia.com/get-quote/equity/SAIPARENT/Sai-Parenterals-Limited
https://www.nseindia.com/market-data/all-upcoming-issues-ipo

Disclaimer

At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations

Disclaimer

At HDFC SKY*, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
HDFC SKY from HDFC Securities, one of most trusted trading platforms in India, has been recognized with the *Next-Gen Digi Content Awards 2025-26.

IPO