| Price | 372 to 392 |
|---|---|
| GMP Rumors | ₹4 |
| Lot size | 38 |
| Issue size | ₹409 Cr |
| Allotment | 30-03-2026 |
| Listing | 02-04-2026 |
| Suggestion | Avoid |
| Allotment Status | Bigshare |
| Video |
BSE List Price : ₹
NSE List Price : ₹
| Category | Times |
|---|---|
| QIBs | 0.06x |
| HNIs | 1.05x |
| Retail | 0.05x |
| Total : 0.42x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 38 | ₹14,896 |
| Retail Maximum | 13 | 494 | ₹193,648 |
| S-HNI Minimum | 14 | 532 | ₹208,544 |
| S-HNI Maximum | 67 | 2,546 | ₹998,032 |
| B-HNI Minimum | 68 | 2,584 | ₹1,012,928 |
Sai Parenteral’s Ltd., established in 2001, is a prominent pharmaceutical company engaged in the research, development, and manufacturing of pharmaceutical products. The company operates across two key segments: the production and sale of its own branded formulations, as well as contract manufacturing for international pharmaceutical companies.
Its product portfolio covers a broad spectrum of therapeutic categories, including cardiovascular, neuropsychiatric, anti-diabetic, respiratory, antibiotics, gastroenterology, vitamins, minerals and supplements (VMS), analgesics, and dermatology.
The company offers its products in multiple dosage forms such as tablets, injections, and syrups. Sai Parenteral’s serves a diverse customer base comprising government institutions, pharmaceutical companies, public and private hospitals, and large distributors across India. It operates five manufacturing units in India, primarily based in Hyderabad, and is recognized for producing medicines that meet international quality standards and certifications.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹97.03 | ₹89.78 | ₹4.38 | ₹133.96 |
| 2024 | ₹155.18 | ₹142.63 | ₹8.42 | ₹268.10 |
| 2025 | ₹163.74 | ₹143.84 | ₹14.43 | ₹272.39 |
| Sep 2025 | ₹89.43 | ₹78.27 | ₹7.76 | ₹376.24 |
Anil Kumar Karusala
Vijitha Gorrepati
Karusala Aruna
Broad formulations portfolio with a proven track record: The company is present across various therapeutic categories and dosage forms, which helps minimize reliance on any single product segment.
Significant emphasis on CDMO operations: Its CDMO capabilities enable access to long-term agreements, improved margins, and collaborations with global clients.
Concentration of manufacturing facilities in specific regions: The company’s units are largely based in Telangana and Andhra Pradesh, making it vulnerable to regional disruptions or changes in local regulations.
Risk related to regulatory compliance: The manufacturing units are subject to regular inspections and audits, and any unfavorable findings could affect operations, reputation, and financial performance.
Capacity expansion and upgradation of manufacturing facilities.
Establishment of a new R&D Centre;.
Repayment / prepayment of certain outstanding borrowings.
Working capital requirements.
Investment in wholly owned subsidiary, Sai Parenterals Pte Limited (Singapore), in relation to the proposed acquisition of Noumed Pharmaceuticals Pty Limited (Australia); and.
General corporate purposes.
Sai Parenteral’s Ltd.
Plot No 39
5th floor, Lavanya Arcade, Jayabheri Enclave
Gachibowli, K.V.Rangareddy, Seri Lingampally
Hyderabad, Telangana, 500032
Phone: +91 79979 91301
Email: cs@saiparenterals.com
Website: https://www.saiparenterals.com/
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Avoid