BAJAJ FINSERV DIRECT LIMITED

IPO-Insights

Sai Parenterals IPO – Subscription Status, Dates, and How to Apply

Anshika Posted on March 25, 2026

Explore how Sai Parenterals Ltd.’s IPO performed on its first day of subscription, including investor participation, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.

The Sai Parenterals Ltd. IPO opened for subscription on March 24, 2026, marking its debut in the Indian primary market. The company operates in the pharmaceutical segment, focusing on manufacturing and distribution of healthcare products.

The IPO is a book-built issue with a price band of ₹372 to ₹392 per share, aiming to raise approximately ₹408.79 crore. The issue opened with limited initial traction across investor categories.

Sai Parenterals IPO Subscription Status

The IPO saw a slow start on its opening day, with minimal participation from most investor segments.

Day 1 Subscription Status (March 24, 2026)

On the first day of bidding, the Sai Parenterals Ltd. IPO recorded an overall subscription of 0.03×, reflecting subdued investor interest.

Investor Category	Subscription (Times)
Qualified Institutional Buyers (QIB)	N.A.
Retail Individual Investors (RII)	0.01×
Non-Institutional Investors (NII)	0.02×
Others	N.A.
Total	0.03×

The Day 1 data indicates muted participation across all categories, with only marginal bids from retail and non-institutional investors. Institutional participation is yet to pick up, which may influence the overall momentum in the coming days.

Day 2 Subscription Status (March 25, 2026)

On the second day of bidding, the Sai Parenterals Ltd. IPO showed a slight improvement in subscription levels, reaching an overall subscription of 0.06×.

Investor Category	Subscription (Times)
Qualified Institutional Buyers (QIB)	0.60×
Retail Individual Investors (RII)	0.05×
Non-Institutional Investors (NII)	1.05×
Total	0.42×

The Day 2 data indicates gradual participation from all investor segments, with non-institutional investors leading the subscription, though overall demand remains modest.

Sai Parenterals IPO Price Band and Lot Size

The IPO price band is set between ₹372 and ₹392 per share, with a face value of ₹5 per share

Investors can apply for a minimum of 1 lot consisting of 38 shares..

Investor Category	Lots	Shares	Amount (₹)
Retail (Minimum)	1	38	₹14,896

At the upper price band, the minimum investment required is approximately ₹14,896, making it accessible for retail investors.

For detailed insights about the company, issue particulars, and the latest updates, visit the Sai Parenterals IPO on Bajaj Markets.

Sai Parenterals IPO Dates & Timeline

Here are the key IPO dates:

Event	Date	Details
IPO Open Date	March 24, 2026	Issue opens for subscription
IPO Close Date	March 27, 2026	Final day to submit bids
Basis of Allotment	March 30, 2026	Allotment finalisation
Refunds Initiation	April 1, 2026	Refunds begin
Credit of Shares to Demat	April 1, 2026	Shares credited
Listing Date	April 2, 2026	Expected listing on exchanges

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources

LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

Open Free Demat Account

Quick Links

IPO Subscription	Oversubscription in IPO	Under-Subscription in IPOs
IPO Allotment Process	Check IPO Allotment Status	Reasons for Non-Allotment of IPO
IPO Listing Gains	Grey Market Premium (GMP)

Hi! I’m Anshika

Financial Content Specialist

Anshika brings 7+ years of experience in stock market operations, project management, and investment banking processes. She has led cross-functional initiatives and managed the delivery of digital investment portals. Backed by industry certifications, she holds a strong foundation in financial operations. With deep expertise in capital markets, she connects strategy with execution, ensuring compliance to deliver impact.

Read More

Most Viewed

IPO-Insights Amir Chand Jagdish Kumar (Exports) IPO – Subscription Status, Dates, and How to Apply

2 Min Read | Posted on 25 Mar

IPO-Insights Tipco Engineering India IPO – Subscription Status, Dates, and How to Apply

2 Min Read | Posted on 25 Mar

IPO-Insights Powerica IPO – Subscription Status, Dates, and How to Apply

2 Min Read | Posted on 25 Mar

IPO-Insights Sai Parenterals IPO – Subscription Status, Dates, and How to Apply

2 Min Read | Posted on 25 Mar

Home

Steal Deals

CIBIL Score

Free Cibil

Explore