Sai Life Sciences’ IPO, aiming to raise up to Rs 3,042 crore, includes a fresh equity issue of up to Rs 950 crore and an Offer for Sale of 3.81 crore shares. The price band is set at Rs 522-549 per share, with a minimum bid of 27 shares. The current GMP is Rs 22, signaling a 4.01% premium.
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The Indian market is expected to trade higher on Wednesday, following positive global cues. The Nifty50 closed 378 points up at 23,739 on Tuesday, with