Mumbai, April 2 -- The stock debuted at Rs 405, marking a premium of 3.32% to the issue price.
So far, the stock has hit a high of Rs 414 and a low of Rs 400. On the BSE, over 32,000 shares of the company were traded in the counter so far.
The initial public offer (IPO) of Sai Parenterals received bids for 78,80,972 shares as against 75,22,486 shares on offer. The issue was subscribed 1.05 times.
The IPO opened for bidding on 24 March 2026 and it closed on 27 March 2026. The price band of the IPO was fixed between Rs 372 and 392 per share.
The IPO comprised fresh issue of equity shares worth up to Rs 285 crore and an offer for sale of 31,57,880 equity shares aggregating up to Rs 123.79 crore by existing shareholders.
The objectives of ...