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Sai Parenterals

Listed

IPO Timeline

Issue open date

24 Mar 2026

Issue close date

27 Mar 2026

UPI mandate deadline

27 Mar 2026

Allotment finalization

30 Mar 2026

Refund initiation

1 Apr 2026

Share credit

1 Apr 2026

Listing date

2 Apr 2026

Mandate end date

12 Apr 2026

Lock-in end date for anchor investors (50%)

29 Apr 2026

Lock-in end date for anchor investors (remaining)

28 Jun 2026

Key Dates

Open
24 Mar 2026
Close
27 Mar 2026
Listing
2 Apr 2026

Quick Stats

Issue Size:409cr
Lot Size:38 shares

About the Company

Sai Parenteral’s Limited is a diversified pharmaceutical formulations company incorporated in January 2001. It was originally established as a private limited company and was converted into a public limited company in January 2022. Anil Kumar Karusala, Vijitha Gorrepati and Karusala Aruna promote the Company. The Company operates across branded generic formulations and contract development and manufacturing (CDMO) services. Its product portfolio spans multiple therapeutic areas, including cardiovascular, neuropsychiatry, anti-diabetic, antibiotics, gastroenterology, respiratory care, dermatology, and vitamins and supplements. Offerings cover a wide range of dosage forms such as injectables, tablets, capsules, liquid orals and ointments.

Strengths

  • Diversified pharma portfolio across branded generics and CDMO services
  • Strong capabilities in sterile injectable manufacturing
  • Presence across multiple therapeutic areas and dosage forms
  • Promoter-led management with a long operating track record
  • Multiple manufacturing facilities supported by in-house R&D

Risks

  • High revenue dependence on injectable formulations
  • Manufacturing facilities are concentrated in limited geographies
  • Exposure to stringent regulatory inspections and compliance risks
  • Dependence on third-party suppliers for key raw materials
  • Customer concentration may affect revenue stability

Sai Parenterals IPO – Frequently Asked Questions

  • The price band for the Sai Parenterals IPO is set at ₹372 to ₹392 per share.
  • The Sai Parenterals IPO opens on March 24, 2026 and closes on March 27, 2026.
  • The tentative listing date for the Sai Parenterals IPO is April 2, 2026.
  • You can apply for the Sai Parenterals IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Sai Parenterals, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Sai Parenterals IPO is 38 shares. Investors must apply for at least one lot (i.e., 38 shares).