Sai Parenteral IPO Subscribed 41% on Day 2, Anchor Investors Infuse Rs 122 Cr
Sai Parenteral IPO Subscribed 41% on Day 2, Anchor Investors Infuse Rs 122 Cr
- •Sai Parenteral's Ltd IPO subscribed 41% on the second day of share sale.
- •The IPO received bids for 30,82,788 shares against 75,22,486 shares on offer.
- •Non-institutional investors subscribed 1.01 times, QIBs 60%, and RIIs 5%.
- •The company raised over Rs 122 crore from anchor investors on Monday.
- •IPO closes on March 27, with a price band of Rs 372-392 per share.