Sai Life Sciences IPO opens today. Check key dates, price band, GMP, and review
IPO) of the digital payments platform Sai Life Sciences will open for public subscription today, and will close on December 13. The Rs 3,042 crore issue includes a fresh issue of 1.73 crore shares, aggregating to Rs 950 crore and an OFS of 3.81 crore shares.
The company said that it would use the proceeds from its IPO to repay its debts and for general corporate purposes.
Sai Life Sciences IPO: Price band
The company has set a price band of Rs 522-549 per share for its IPO, where investors can bid for 27 shares in one lot.
Sai Life Sciences IPO: GMP today
Ahead of the issue, the GMP for Sai Life Sciences shares is around Rs 31, indicating a 6% premium over the issue price.
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