Initial public offer of 10,428,288 equity shares of face value of Rs. 5 each ("Equity Shares") of Sai Parenteral's Limited ("Company" or "Issuer") for cash at a price of Rs. 392 per equity share (Including a Share Premium of Rs. 387 Per Equity Share) ("Offer Price") aggregating to Rs. 408.79 Crore comprising a fresh issue of 7,270,408 equity shares of face value of Rs. 5 each aggregating to Rs. 285 Crore by the company ("Fresh Issue") and an offer for sale of 3,157,880 equity shares of face value of Rs. 5 each aggregating to Rs. 123.79 Crore ("Offered Shares") by investor selling shareholders (such sale, the "Offer For Sale", and together with the fresh issue, the"Offer"). The offer shall constitute 23.60% of the post-offer paid up equity share capital of the company.
Price Band: Rs. 392 per equity share of face value of Rs. 5 each.
The floor price is 78.40 times the face value of the equity shares.
Bids can be made for a minimum of 38 equity shares of face value of Rs. 5 each and in multiples of 38 equity shares of face value of Rs. 5 each thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Mar-2026
27-Mar-2026
₹ 392.00
₹ 0.00
Minimum Application for shares in Nos : 38.0 Further Multiples of : 38.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
256.50
Arihant Capital Markets Limited
Project Financed through Current Offer
408.79
Post Issue Equity Share Capital
22.09
Issue Price
₹392.00
Projects
Capacity expansion and upgradation of manufacturing facilities
Establishment of a new R&D Centre
Repayment / prepayment of certain outstanding borrowings
Working capital requirements
Investment in wholly owned subsidiary, Sai Parenterals Pte Limited (Singapore), in relation to the proposed acquisition of Noumed Pharmaceuticals Pty Limited (Australia)