Sai Life Sciences Ltd IPO Overview : IPO Details, Timeline, Price Band, Lot Size & GMP, Subscription Status

1. Sai Life Sciences Ltd IPO Overview

Sai Life Sciences Ltd IPO open for subscription on December 11, 2024, and will close on December 13, 2024. The final allotment of shares will be confirmed on Monday December 16, 2024. The share’s to be listed Exchange on Wednesday December 18, 2024, and listing Exchange on BSE NSE.

Sai Life Sciences Ltd IPO price band has been set between ₹522 to ₹549 per equity share and  Lot Size 27 share’s per lot.

The total issue size of Sai Life Sciences Ltd IPO is approximately ₹3042.62 Cr. This comprises 55,421,123 equity shares offered to the public.

As of December 10, the Gray Market Premium (GMP) for the Sai Life Sciences Ltd IPO stands at 31, reflecting market sentiment. This premium signals robust demand, underscoring the positive sentiment surrounding the IPO.

2. Sai Life Sciences Ltd IPO Timeline

Sai Life Sciences Ltd IPO is expected to open soon, with the following key dates:

  • IPO Opening Date -: “The IPO is set to open on Wednesday, December 11, 2024.”
  • IPO Closing Date -: “The IPO will close on Friday, December 13, 2024.”
  • Finalization of Allotment -: The IPO allotment status will be declared on Monday, December 16, 2024.
  • Initiation of Refunds -: The refund amount will be credited to your bank account on Tuesday, December 17, 2024.
  • Credit of Shares to Demat Account -: The shares will be credited to your Demat account on Tuesday, December 17, 2024.
  • Listing Date -: The IPO will be listed on the stock exchanges on Wednesday, December 18, 2024, on NSE, BSE.

3. IPO Size (IPO Price, Lot Size, and Issue Size)

  • Price Band -: Sai Life Sciences IPO price band has been set between ₹522 to ₹549 per share.
  • Lot Size -: The IPO lot size has been set at 27 shares per lot.
  • Issue Size -: The IPO Issue size is estimated to be around ₹3042.62 Cr.
  • Fresh Issue -: The IPO fresh issue size is ₹950.00 crore.
  • Minimum Order Quantity -: Retail Investors can apply for a minimum of 1 lot.
  • Maximum Order Quantity -: Retail Investors can apply for a maximum of 13 lots.

The lot size and price band will be crucial for retail investors looking to participate. Keep a close eye on these details once the IPO opens for subscription.

4. About Sai Life Sciences Ltd

Sai Life Sciences Limited, incorporated in 1999, is a contract research, development, and manufacturing organization (CRDMO) specializing in small-molecule new chemical entities (NCEs). It serves over 280 clients globally, including top pharmaceutical companies across the US, UK, Europe, and Japan. Its services cover integrated discovery, chemistry, biology, and drug development, as well as large-scale manufacturing capabilities. The company employs more than 3,100 professionals, with a significant portion dedicated to scientific research.

Sai Life Sciences has a robust track record in the pharmaceutical services industry but faces challenges such as dependency on clients’ success and regulatory compliance risks. Despite this, its broad service portfolio and strategic partnerships position it as a leader in the CRDMO space​

6. Sai Life Sciences Ltd Company Financial Information

Below is a snapshot of the company’s financial performance, highlighting key financial metrics over the past few years:

Financial IndicatorFY 2024FY 2023FY 2022
Revenue₹1,494.27 Cr₹1,245.11 Cr₹897.74 Cr
Profit/Loss After Tax₹ 82.81 Cr₹ 9.99 Cr₹ 6.23 Cr
Total Assets₹ 2,275.14 Cr₹ 2,186.65 Cr₹ 2,164.23 Cr
Net Worth₹ 974.34 Cr₹ 887.29 Cr₹ 877.76 Cr
Reserves₹ 953.99 Cr₹ 867.43 Cr₹ 859.17 Cr
Borrowings₹ 710.16 Cr₹ 699.23 Cr₹ 751.32 Cr
Amount in ₹ Cr.

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Mobikwik Ltd IPO Overview : IPO Details, Timeline, Price Band, Lot Size & GMP, Subscription Status

1. Mobikwik Ltd IPO Overview

Mobikwik Ltd IPO open for subscription on December 11, 2024, and will close on December 13, 2024. The final allotment of shares will be confirmed on November, 28, 2024. The share’s to be listed on Exchange December 2, 2024, and listing Exchange on BSE NSE.

Mobikwik Ltd IPO price band has been set between ₹265 to ₹279 per equity share.

The total issue size of Mobikwik Ltd IPO is approximately ₹572.00 Cr. This comprises 20,501,792 equity shares offered to the public.

The Gray Market Premium (GMP) of Mobikwik Ltd IPO is currently hovering around ₹120. This GMP shows high market sentiment, which indicates that the demand for IPO is quite high in the market. Due to this strong sentiment, good gain listings are expected.

 



2. Mobikwik Ltd IPO Timeline

Mobikwik Ltd IPO is expected to open soon, with the following key dates:

  • IPO Opening Date -: The IPO is set to open on Wednesday, December 11, 2024.
  • IPO Closing Date -: The IPO will close on Friday, December 13, 2024.
  • Finalization of Allotment -: The IPO allotment status will be declared on Monday, December 16, 2024.
  • Initiation of Refunds -: The refund amount will be credited to your bank account on Tuesday, December 17, 2024.
  • Credit of Shares to Demat Account -: The shares will be credited to your Demat account on Tuesday, December 17, 2024.
  • Listing Date -: The IPO will be listed on the stock exchanges on Wednesday, December 18, 2024, on BSE NSE.


3. IPO Size (IPO Price, Lot Size, and Issue Size)

  • Price Band -: Mobikwik Ltd IPO price band has been set between ₹265 to ₹279 per share.
  • Lot Size -: The IPO lot size has been set at 53 shares per lot.
  • Issue Size -: The IPO issue size is estimated to be around ₹572.00 Cr.
  • Fresh Issue -: The IPO fresh issue size is ₹2..05 crore share’s.
  • Minimum Order Quantity -: Retail Investors can apply for a minimum of 1 lot.
  • Maximum Order Quantity -: Retail Investors can apply for a maximum of 13 lots.

The lot size and price band will be crucial for retail investors looking to participate. Keep a close eye on these details once the IPO opens for subscription.



4. IPO GMP (Grey Market Premium) and Market Sentiment

As of December 07, 2024, the Grey Market Premium (GMP) for Mobikwik Ltd IPO is ₹120. This suggests that the expected listing price could be around ₹400 per share (₹279 IPO price + ₹120 GMP), indicating a potential gain of 26% on listing. The GMP is an indicator of the market sentiment and investor demand for the IPO.



5. About Mobikwik Ltd

MobiKwik Ltd is Founded in 2009 by Bipin Preet Singh and Upasana Taku. MobiKwik is leading digital banking platform, offering a wide range of financial products for both consumers and merchants, including payments, digital credit, and investments.

MobiKwik has 156 million registered users (as of 31 March 2024) who can make payments for all their daily life needs, including utility bills, eCommerce shopping, food delivery, and shopping at large retail chains, mom & pop (kirana) stores, etc. across a 4.1 million strong merchant network. As a technology-first company, it leverages big data analytics and deep data science (including machine learning) to continuously delight users and merchants on its platform. The Company’s mission is to build world-class financial products for Bharat!

With credit card penetration in India in the low single digits, the Company launched digital credit in 2018 to address the credit needs of a large and growing base of digitally savvy users. With 40 million credit pre-approved users, MobiKwik is focused on providing the unserved Indian population their first access to credit.

Understanding the growing awareness amongst Indians to gain financial independence, the Company launched wealth products in FY23 to enable its customers to confidently participate in the growth story of India. The rapid adoption witnessed in our flagship wealth product “Xtra” demonstrates the need for simplified investment products for consumers.

Initial public offering or IPO concept with Indian Currency on Isolated background


6. Mobikwik Ltd Company Financial Information

Below is a snapshot of the company’s financial performance, highlighting key financial metrics over the past few years:

Financial IndicatorFY 2024FY 2023FY 2022
Revenue₹890.32 Cr₹561.12 Cr₹543.22 Cr
Profit/Loss After Tax₹14.08 Cr₹-83.81 Cr₹-128.16 Cr
Total Assets₹854.65 Cr₹714.33 Cr₹836.13 Cr
Net Worth₹142.69 Cr₹162.59 Cr₹158.65 Cr
Reserves₹151.15 Cr₹131.26 Cr₹205.10 Cr
Borrowings₹211.71 Cr₹92.27 Cr₹150.91 Cr
Amount in ₹ Cr.


How to Apply for Mobikwik Ltd IPO

Investors can apply for the Mobikwik IPO through:

  1. Online IPO Application: Via net banking using the ASBA (Application Supported by Blocked Amount) facility.
  2. UPI Method: Apply through UPI-supported platforms like Zerodha, Groww, Upstox, Angel One or Paytm Money.
  3. Brokers: Approach stockbrokers offering IPO application services.
  4. Bank Branches: Submit an offline IPO application form at your bank.

Make sure to complete the application process within the IPO window to ensure your bid is accepted.

Rajesh Power Services Ltd IPO Overview : IPO Details, Timeline, Price Band, Lot Size & GMP, Subscription Status



1. Rajesh Power Services Ltd IPO Overview

The Rajesh Power Services Ltd IPO open for subscription on November 25, 2024, and will close on November 27, 2024. The final allotment of shares will be confirmed on November, 28, 2024. The share’s to be listed on Exchange December 2, 2024, and listing Exchange on BSE SME.

The Rajesh Power Services Ltd IPO price band has been set between ₹319 to ₹335 per equity share.

The total issue size of the Rajesh Power Services Ltd IPO is approximately ₹160.47 Cr. This comprises 4,790,000 equity shares offered to the public.

The Gray Market Premium (GMP) of Rajesh Power Services Ltd IPO is currently hovering around ₹90. This GMP shows high market sentiment, which indicates that the demand for IPO is quite high in the market. Due to this strong sentiment, good gain listings are expected.

 



2. Rajesh Power Services Ltd IPO Timeline

The Rajesh Power Services Ltd IPO is expected to open soon, with the following key dates:

  • IPO Opening Date -: The IPO is set to open on Monday, November 25, 2024.
  • IPO Closing Date -: The IPO will close on Wednesday, November 27, 2024.
  • Finalization of Allotment -: The IPO allotment status will be declared on Thursday, November 28, 2024.
  • Initiation of Refunds -: The refund amount will be credited to your bank account on Friday, November 29, 2024.
  • Credit of Shares to Demat Account -: The shares will be credited to your Demat account on Friday, November 29, 2024.
  • Listing Date -: The IPO will be listed on the stock exchanges on Monday, December 2, 2024, on BSE SME.


3. IPO Size (IPO Price, Lot Size, and Issue Size)

  • Price Band -: The Rajesh Power Services Ltd IPO price band has been set between ₹319 to ₹335 per share.
  • Lot Size -: The IPO lot size has been set at 400 shares per lot.
  • Issue Size -: The IPO issue size is estimated to be around ₹160.47 Cr.
  • Fresh Issue -: The IPO fresh issue size is ₹93.47 crore.
  • Minimum Order Quantity -: Retail Investors can apply for a minimum of 1 lot.
  • Maximum Order Quantity -: Retail Investors can apply for a maximum of 1 lots.

The lot size and price band will be crucial for retail investors looking to participate. Keep a close eye on these details once the IPO opens for subscription.



4. IPO GMP (Grey Market Premium) and Market Sentiment

As of November 24, 2024, the Grey Market Premium (GMP) for the Rajesh Power Services Ltd IPO is ₹90. This suggests that the expected listing price could be around ₹425 per share (₹335 IPO price + ₹90 GMP), indicating a potential gain of 26% on listing. The GMP is an indicator of the market sentiment and investor demand for the IPO.



5. About Rajesh Power Services Ltd

Rajesh Power Services Ltd is established in 1971 is amongst the largest players in the country firmly established in the underground power transmission and infrastructure EPC space. Rajesh Power today has proven experience and expertise in executing large-scale projects with notable capabilities that deliver end-to-end solutions covering design, consultancy, procurement, project execution, & testing and commissioning projects on a turnkey basis. Rajesh Power is also a leading power utility service provider in the area of operations and maintenance services, utility services like cable testing and fault location for its utility as well as private clients.



6. About Rajesh Power Services Ltd Company Financial Information

Below is a snapshot of the company’s financial performance, highlighting key financial metrics over the past few years:

ParticularsFY 2024FY 2023FY 2022
Revenue (₹ Lakhs)24,039.0019,823.3814,936.84
Profit After Tax (PAT)2,602.29675.15 344.60
Assets5,126.79 2,905.61 17,562.82
Net Worth8,430.055,865.80 5,228.69
Reserves and Surplus 6,908.31  4,344.06  3,706.95
Total Borrowing  7,767.085,971.206,243.33
Amount in ₹ Lakhs


How to Apply for the Rajesh Power services Ltd IPO

Investors can apply for the Enviro Infra Engineers IPO through:

  1. Online IPO Application: Via net banking using the ASBA (Application Supported by Blocked Amount) facility.
  2. UPI Method: Apply through UPI-supported platforms like Zerodha, Groww, Upstox, Angel One or Paytm Money.
  3. Brokers: Approach stockbrokers offering IPO application services.
  4. Bank Branches: Submit an offline IPO application form at your bank.

Make sure to complete the application process within the IPO window to ensure your bid is accepted.



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