Sai Life Sciences IPO GMP, Allotment Date & Status Check Online
Sai Life Sciences IPO saw 10.27x subscription and a GMP of ₹18, hinting at a 3% listing premium. Allotment date is Dec 14 or Dec 16. Check allotment status online for this promising IPO listing on BSE.
The Sai Life Sciences IPO has garnered significant investor interest, with strong bids from Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs). Bidding for this IPO, which opened on 11th December 2024, concluded on 13th December 2024.
The Sai Life Sciences IPO GMP (Grey Market Premium) today stands at ₹18, suggesting a possible listing price of ₹567 against the price band of ₹522–₹549.
What is Sai Life Sciences IPO GMP Today?
The Sai Life Sciences IPO GMP today is ₹18. This indicates a 3% premium over the upper price band of ₹549. While not exceptionally high, the GMP reflects moderate optimism about the stock's performance on listing day.
Sai Life Sciences IPO Subscription Status
The Sai Life Sciences IPO subscription status highlights strong demand, particularly from institutional investors. According to BSE data, the IPO was subscribed 10.27 times overall by the end of the bidding period.
Here’s the detailed breakdown:
- Retail Investors: Subscribed 1.39 times, reflecting modest interest.
- Non-Institutional Investors (NII): Subscribed 4.99 times, showcasing steady participation.
- Qualified Institutional Buyers (QIB): Subscribed 29.78 times, driving the majority of the demand.
The high QIB subscription underscores confidence in Sai Life Sciences' business model and future prospects.
Sai Life Sciences IPO Allotment Date
The Sai Life Sciences IPO allotment date is likely 14th December 2024. However, since this is a Saturday, any delays could push the status announcement to 16th December 2024 (Monday).
Successful applicants will receive shares in their demat accounts by 18th December, while refunds for unsuccessful bids will be processed the same day.
How to Check Sai Life Sciences IPO Allotment Status Online?
Applicants can easily check their Sai Life Sciences IPO allotment status through the following methods:
- BSE Website: Visit the BSE IPO Allotment page and enter the required details like application number or PAN.
- KFin Technologies: Use kosmic.kfintech.com/ipostatus to access allotment status by providing your application credentials.
Both platforms provide a seamless way to confirm your allotment status.
Sai Life Sciences IPO Listing Date
Following the 'T+3' rule, the Sai Life Sciences IPO listing date is expected on 19th December 2024. The stock will debut on the BSE, offering an opportunity to observe its initial market performance.
Also Read: Hamps Bio IPO GMP, Subscription, Listing & How to Check Allotment
