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Sai Parenteral's Shares Debut with Over 3% Premium
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Sai Parenteral Debuts with Over 3% Premium Amidst Market Downturn
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News18
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02-04-2026, 11:15
Sai Parenteral Debuts with Over 3% Premium Amidst Market Downturn
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Sai Parenteral's stock listed with a premium of over 3% against its issue price of Rs 392.
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The stock opened at Rs 405 on BSE (up 3.32%) and Rs 400 on NSE (up 2.04%).
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The company's market valuation reached Rs 1,784.84 crore on the NSE.
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The listing occurred amidst a weaker broader market trend, with Sensex and Nifty trading in negative territory.
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Sai Parenteral's IPO was subscribed 1.05 times, driven by institutional investors, with proceeds supporting global expansion.
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