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Sai Life Sciences Limited IPO
Issue Size (Net)
up to Rs.3,042.62 Cr
Price Band
Rs.522 to Rs.549 per share
Issue Opens
December 11, 2024
Issue Closes
December 13, 2024

Company Highlights

1.Company Information

Incorporated in January 1999, Sai Life Sciences Limited researches, develops, and manufactures small-molecule new chemical entities. The company offers tailor-made services to biotech firms and global pharma companies. In the Financial Year 2024 and for the month ending September 30, 2024, the company provided services to over 280 innovator pharmaceutical companies, including more than 230 in that month alone. Among these clients, the company worked with 18 of the top 25 pharmaceutical companies based on their revenue in the calendar year 2023.The services were offered across countries such as the US, the UK, Europe, and Japan. The company's business development team consists of 16 experienced and qualified professionals, with six located in the US, nine in the UK and Europe, and one in Japan. The company has the following service offerings. Capabilities in chemistry, manufacturing, and control(“CMC”)/contract development and manufacturing organisations (“CDMO”). CRO services include integrated discovery (“Discovery”) capabilities across biology, chemistry, drug metabolism and pharmacokinetics As of September 30, 2024, the company had 2,353 scientific staff, with the majority of the scientific team holding advanced degrees, including 302 Ph. D.s and 1,475 master’s degrees. As of September 30, 2024, the company had 3135 employees with capabilities across the CRDMO value chain.
Competitive Strength:
As an integrated CRDMO, the company provide a complete platform for discovery, development, and manufacturing.
CRO services include integrated discovery capabilities across biology, chemistry, and drug metabolism and pharmacokinetics.
CDMO platform with a diverse mix of commercial and under-development molecules.

2. Objects of the Issue (Sai Life Sciences Limited IPO Objectives)

The company propose to utilise the Net Proceeds towards funding the following objects:
1. Repayment/prepayment in full or part, of all or certain outstanding borrowings availed by the Company and
2. 2. General corporate purposes

3. Sai Life Sciences Limited IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: sailifesciences.ipo@kfintech.com

Website:  https://kosmic.kfintech.com

Sai Life Sciences Limited IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Sep-24
2476.78
693.35
28.01
1044.75
855.69
764.49
31-Mar-24
2275.14
1494.27
82.81
974.34
953.99
710.16
31-Mar-23
2186.65
1245.11
9.99
887.29
867.43
699.23
Amount in Rs.Crore

Sai Life Sciences Limited IPO Details

Issue Opening Date
December 11, 2024
Issue Closing Date
December 13, 2024
Face Value
Rs.1 per share
Price
Rs.522 to Rs.549 per share
Lot Size
27 Shares
Issue Size
55,421,123 shares(aggregating up to Rs.3,042.62 Cr)
Fresh Issue
17,304,189 shares(aggregating up to Rs.950.00 Cr)
Offer for Sale
38,116,934 shares of Rs.1(aggregating up to Rs.2,092.62 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
19,06,85,340
Share holding post issue
20,79,89,529

Sai Life Sciences Limited IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Wednesday, December 11, 2024
Closing Date
Friday, December 13, 2024
Basis of Allotment
Monday, December 16, 2024
Initiation of Refunds
Tuesday, December 17, 2024
Credit of Shares to Demat
Tuesday, December 17, 2024
Listing Date
Wednesday, December 18, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 13, 2024

Prospectus

Prospectus File

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