The Sai Life Sciences IPO is set to finalize share allotments today, December 16, with unsuccessful bidders receiving notifications to withdraw their funds or cancel IPO authorizations by December 17. The IPO, which took place from December 11-13, received strong demand, and now investors are eagerly awaiting their allotment status.
How to Check Your Sai Life Sciences IPO Allotment Status
Investors can check their allotment status via two main platforms: BSE and KFin Technologies.
Checking on BSE Website:
- Visit the official BSE website: https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ under the issue type option.
- Choose ‘Sai Life Sciences Limited’ from the dropdown menu.
- Enter your IPO application number and PAN details.
- Click on the ‘I am not a Robot’ box and hit search.
- The allotment status will appear on your screen.
Checking on KFin Technologies Website:
- Go to the official KFin Technologies portal.
- Select the IPO name from the dropdown menu (only finalized allotments will appear).
- Choose one of the following options: Application number, Demat Account number, or PAN ID.
- Select ASBA or Non-ASBA based on your application type.
- Enter the relevant details and complete the CAPTCHA.
- Hit submit to view your allotment status.
Sai Life Sciences IPO: Grey Market Premium
The Grey Market Premium (GMP) for the Sai Life Sciences IPO has shown positive movement, with shares currently trading at a premium of Rs 60-65. This indicates an expected listing gain of around 11-12% for investors on listing day.
Sai Life Sciences IPO Details
The IPO, launched by the Hyderabad-based pharmaceutical company, offered shares in the price range of Rs 522-549 per share. The issue included a fresh equity sale of Rs 950 crore and an Offer for Sale (OFS) of over 3.81 crore shares, raising a total of Rs 3,042.62 crore.
With promising bidding and a strong GMP, investors are hopeful for a strong listing of Sai Life Sciences.
