Sai Life Sciences shares list at ₹650 on NSE, up 18.4% from IPO price
3 months, 1 week ago

Sai Life Sciences shares list at ₹650 on NSE, up 18.4% from IPO price

Live Mint  

Sai Life Sciences IPO listing: Sai Life Sciences shares made a strong debut on Wednesday, December 18 as they listed at ₹650 on NSE, a premium of 18.4 percent over the issue price of ₹549. The Sai Life Sciences IPO price band stood at Rs533-549 per equity share. About the IPO Sai Life Sciences IPO was a combination of fresh issue of 1.73 crore shares aggregating to ₹950.00 crore and offer for sale of 3.81 crore shares aggregating to ₹2,092.62 crore. Kotak Mahindra Capital Company Limited, Jefferies India Private Limited, Morgan Stanley India Company Pvt Ltd, Iifl Securities Ltd are the book running lead managers of the Sai Life Sciences IPO, while Kfin Technologies Limited is the registrar for the issue.

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