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Sai Life Sciences IPO Day 2 Closes with 1.25x Subscription Explore the Details

News by Aliceblue News Desk

12 Dec 2024

Sai Life Sciences IPO Day 2 Closes with 1.25x Subscription Explore the Details

Sai Life Sciences Systems Ltd IPO experienced a mixed subscription on Day 2, totaling 1.25 times. Qualified Institutional Buyers showed notable interest at 3.32 times, while Non-Institutional Investors and Retail Individual Investors subscribed at lower rates of 0.59 times and 0.42 times, respectively.

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Sai Life Sciences Systems Ltd IPO Subscription Status

Sai Life Sciences Systems Ltd IPO recorded a total subscription rate of 0.84 times on Day 1, with Qualified Institutional Buyers leading at 2.62 times, while Non-Institutional Investors and Retail Individual Investors subscribed at 0.15 times and 0.18 times respectively.

How to check Sai Life Sciences Systems Ltd IPO Subscription Status?

Steps to check Sai Life Sciences Systems Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Sai Life Sciences Systems Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Also Read : Stock Market Holiday 2025 – List Of NSE Trading Holiday 2025

Sai Life Sciences Systems Ltd IPO Allotment Status

The allotment date for the Sai Life Sciences Systems Ltd IPO is set for December 16, with shares priced from ₹522 to ₹549 per share and a face value of ₹1. The offering consists of lots of 27 shares, with bids accepted for these lots or their multiples.

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Sai Life Sciences Systems Ltd IPO Listing Date 

Sai Life Sciences Systems Ltd IPO is expected to be listed on the NSE SME on December 18, 2024.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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