
Sai Parenteral's
Open Date
Mar 24, 2026
Close Date
Mar 27, 2026
Min Investment
₹14,896
Lot Size
38 Shares
Issue Size
₹408.79 Cr
Price Range
₹372 - ₹372
Listing Date
Apr 2, 2026
IPO Doc
RHP PDFAbout Sai Parenteral's
Established in 2001, Sai Parenteral's Ltd. is a diversified pharmaceutical formulations company with expertise in research and development and manufacturing. The company has two business segments: Branded Generic Formulations and Contract Development and Manufacturing Organisation (CDMO) products and services. The company’s product portfolio covers a wide spectrum of pharmaceutical formulations in various therapeutic areas such as cardiovascular, neuropsychiatry, anti-diabetic agents, respiratory health, antibiotics, gastroenterology, vitamins, minerals, and supplements (VMS), analgesics, and dermatology in various dosage forms such as injectables, tablets, capsules, liquid orals, and ointments. The company’s customer base comprises central and state government departments, pharmaceutical companies, public and private sector hospitals, and super stockists across India. Sai Parenteral’s started its export business in FY 2023 after acquiring two international accredited facilities in Hyderabad, Telangana, and currently serves regulated and semi-regulated markets such as Australia, New Zealand, Southeast Asia, Middle East, and Africa. The company has five manufacturing facilities in India. Four are located in Hyderabad, Telangana. These are a GMP compliant injectable facility, a WHO-GMP injectable facility, a TGA-Australia and PIC/S accredited solid oral dosage facility, and a WHO-GMP cephalosporin facility. The company’s wholly owned subsidiary has a GMP certified facility located in Ongole, Andhra Pradesh. As of August 31, 2025, Sai Parenteral's Ltd. had 277 full-time employees.
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Sai Parenteral's IPO - Issue Objectives
₹110.80 cr for capacity expansion and facility upgrade. The company will use ₹18.02 crore for the establishment of a new R&D centre. ₹14.30 cr for company loan and ₹35.64 cr for subsidiary bridge loan repayment. The company will use ₹33 crore for the working capital requirements of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses.
Capacity expansion
38.8%
Establishment of R&D Centre
6.3%
Repayment of loan
17.5%
Working capital
11.5%
General corporate purposes
25.9%
Capacity expansion
₹110.80 cr for capacity expansion and facility upgrade.
Establishment of R&D Centre
The company will use ₹18.02 crore for the establishment of a new R&D centre.
Repayment of loan
₹14.30 cr for company loan and ₹35.64 cr for subsidiary bridge loan repayment.
Working capital
The company will use ₹33 crore for the working capital requirements of the business.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and issue expenses.
IPO Subscription Status
Financials of Sai Parenteral's
In Cr.
Revenue: ₹89.43
EBITDA: ₹16.24
Profit: ₹7.76
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 89.43 | 163.74 | 155.18 | 97.03 |
| EBITDA | 16.24 | 39.44 | 31.70 | 17.64 |
| Expenses | ||||
| Profit After Tax | 7.76 | 14.43 | 8.42 | 4.38 |
| Assets | 376.24 | 272.39 | 268.10 | 133.96 |
| Net Worth | 209.37 | 95.78 | 76.40 | 31.49 |
| Reserves | 188.84 | 80.36 | 61.30 | 24.34 |
| Borrowing | 76.07 | 93.95 | 118.79 | 68.55 |
Sai Parenteral's - Promoter(s)
Anil Kumar Karusala
Vijitha Gorrepati
Karusala Aruna
N/A
N/A
About Strength & Risks
Contact Details
Sai Parenteral's
Plot No 39, 5th Floor, Lavanya Arcade, Jayabheri Enclave, Gachibowli, K.V. Rangareddy, Seri Lingampally, Hyderabad, Telangana - 500032.
Registrar Contact Details
Bigshare Services Pvt.Ltd.
Sai Parenteral's IPO - FAQs
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