Sai Parenteral IPO Day 2: GMP trends, subscribed only 4% so far. Should you subscribe?

Sai Parenteral Limited's initial public offering is underway. The IPO is in its second day of bidding. It experienced a slow start on its first day. The company aims to raise Rs 409 crore through the issue. The subscription window closes on Friday, March 27. Investors are advised to consider the long-term prospects.