Sai Life Sciences IPO allotment: How to check status online on KFin Technologies, BSE, NSE

Sai Life Sciences IPO allotment status: Shares of Sai Life Sciences Ltd are expected to be allotted to successful bidders on Monday, December 16, after the IPO received a robust response from institutional investors.

The ₹3,042.62 crore initial share sale was subscribed 10.26 times during the three-day bidding period. It received bids for 39.85 crore shares against 3.88 crore shares on offer.

The qualified institutional buyers (QIBs) attracted 30.93 times subscription, while non-institutional investors (NIIs) mopped up 4.92 times subscription. The retail investors quota was subscribed 1.37 times.

Sai Life Sciences IPO allotment date: How to check status online on Kfin Technologies

• Go to IPO bid finalisation page of Kfin Technologies - https://evault.kfintech.com/ipostatus/
• Choose one server from the five provided and select 'Sai Life Sciences' from the list
• Fill in any one of these: PAN, Application number or DP client
• Click on submit

Sai Life Sciences IPO allotment: Steps to check status online on NSE website

• Go to IPO allotment of NSE by CLICKING HERE.
• New users need to sign up and registered users can log in
• Enter the details asked, like application number or PAN
• Click on the submit button

Sai Life Sciences IPO listing date

Shares of Sai Life Sciences will be listed on the BSE (formerly Bombay Stock Exchange) and NSE on Wednesday, December 18.

With a price band of ₹522-₹549, the issue consisted of new equity shares worth ₹950 crore and an offer for sale valued at ₹2,092 crore.

The funds generated will be used for debt repayment and general corporate purposes.

Sai Life Sciences IPO: Financials