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Sahajanand Medical Technologies Ltd

Sahajanand Medical Technologies Ltd

NSE & BSE · Mainboard IPO
Closed NSE & BSE Mainboard
Issue Price
₹344
₹344
GMP (Grey Market)
+₹22
+6.4%
Est. Listing Price
₹366
Based on GMP
Min. Investment
₹14,792
1 lot × 43 shares
Subscribed
1.00x
Over-subscribed
Lists in
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Days
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Hrs
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Min
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Sec
Listing on Fri, 23 Oct 2026
IPO Details
Open Date
15 Oct 2026
Close Date
19 Oct 2026
Allotment
21 Oct 2026
Listing Date
23 Oct 2026
Exchange
NSE & BSE
Price Band
₹344
Listing Price
On listing day
Allotment Status
Price Band
₹344
Per share
Face Value
₹1 per share
 
Lot Size
43 Shares
per lot
Issue Size
1,38,22,116 shares (agg. up to ₹475 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,792
1 lot
Pre-IPO Holding
10,16,46,778 shares
Promoters
Post-IPO Holding
10,16,46,778 shares
Promoters
P/E (Pre)
50.59x
 
P/E (Post)
57.91x
 
EPS (Pre)
₹6.80
 
EPS (Post)
₹5.94
 
UPI Deadline
5:00 PM on 19 Oct 2026
Mandate
GMP
+₹22
+6.4% est.
Anchor AllotmentWed, 14 Oct 2026
Basis of AllotmentWed, 21 Oct 2026
Refund InitiationThu, 22 Oct 2026
Demat CreditThu, 22 Oct 2026
Listing DayFri, 23 Oct 2026
UPI Mandate Deadline5:00 PM on 19 Oct 2026
Sale TypeOFS only
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sahajanand Medical Technologies Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Oct 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
13,822,116
100% ₹475.48
IPO Shares Offered
Sahajanand Medical Technologies Ltd IPO total issue size: ₹475.48 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 13,822,116 ₹475.48
100.00%
* Based on upper price band ₹344 per share
Lot Size & Investment
Lot Size
43
Shares per Lot
Issue Price
₹344.00
Upper Band
Min Investment
₹14,792
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)286₹29,584
Retail (Max — 13 Lots)13559₹192,296
S-HNI (Min — 14 Lots)14602₹207,088
B-HNI (Min — 68 Lots)682,924₹1,005,856
* Issue Price ₹344 × Lot Size 43 shares
IPO Schedule
Anchor
14 Oct 2026
✓ Done
IPO Open
15 Oct 2026
✓ Done
IPO Close
19 Oct 2026
✓ Done
Allotment
21 Oct 2026
✓ Done
Refunds
22 Oct 2026
✓ Done
Demat Credit
22 Oct 2026
✓ Done
Listing Day
23 Oct 2026
Upcoming
Sahajanand Medical Technologies Ltd — Price Chart
IPO Closed — Awaiting Listing
Chart goes live on — 23 Oct 2026
About Sahajanand Medical Technologies Ltd
Incorporated in October 2001, Sahajanand Medical Technologies Limited is a medical technology company engaged in the development, manufacturing and marketing of technologically advanced medical devices, primarily focused on vascular intervention and structural heart intervention. Its product portfolio includes coronary stents, coronary balloons, transcatheter aortic valve implantation (TAVI) devices, occluders, renal stents and peripheral drug-coated balloons (DCBs). The Company focuses on research and development, precision manufacturing and clinically supported product innovation. Its flagship brands include Supraflex Cruz, Cocoon and Hydra, serving different areas of interventional cardiology.The Company operates three manufacturing facilities, two in India and one in Thailand, supported by two R&D centres in India and Thailand. As of June 30, 2026, it had 119 patents granted globally, 78 patent applications in the pipeline and five design registrations in India. Its products were marketed in 77 countries in Fiscal 2026, through direct, hybrid and distributor-led models, with established market presence in India, Europe and other international markets.The Company reported revenue from operations of ₹12,105.04 million in Fiscal 2026, compared with ₹10,248.79 million in Fiscal 2025 and ₹9,016.04 million in Fiscal 2024.As of June 30, 2026, it had 1,605 full-time employees, 31 consultants and 707 contract-based employees. Competitive StrengthsExtensive global sales and marketing network.Strong research and development capabilities.Diversified and integrated manufacturing facilities.Leadership in India and key international markets.Proven M&A and strategic collaboration capabilities.Technologically advanced medical devices in high-barrier segments.Experienced leadership team backed by reputed institutional investors.
Sahajanand Medical Technologies Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹1,036.0
31 Mar 2025
₹1,218.7
31 Mar 2026
₹354.3
30 Jun 2026
Profit After Tax (PAT)
₹25.2
31 Mar 2025
₹69.1
31 Mar 2026
₹15.1
30 Jun 2026
Particulars30 Jun 202631 Mar 202631 Mar 2025
Revenue from Operations 354.33 1218.73 1035.96
EBITDA 48.58 170.66 128.02
Profit After Tax (PAT) 15.09 69.08 25.15
Net Worth 631.72 616.05 545.23
Total Assets 1309.00 1276.43 1094.90
Reserves & Surplus 706.86 692.48 580.71
Borrowings 320.63 269.53 224.96
EBITDA Margin (%) 13.81 — —
PAT Margin (%) 4.29 — —
RoE
2.07
RoCE
3.16
RoNW
2.31
PAT Margin
4.29
EBITDA Margin
13.81
Debt/Equity
0.33
Issue Structure & Shareholding
Total Shares Offered1,38,22,116
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding10,16,46,778 shares
Post-Issue Promoter Holding10,16,46,778 shares
P/BV RatioN/A
RoE2.07
RoCE3.16
Debt / Equity0.33
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Motilal Oswal Investment Advisors Ltd
Avendus Capital Pvt.Ltd
HSBC Securities & Capital Markets (India) Pvt.Ltd.
Nuvama Wealth Management Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sahajanand Medical Technologies Ltd IPO subscribed? ▲

Sahajanand Medical Technologies Ltd IPO is subscribed 1.00 times by Oct 19, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sahajanand Medical Technologies Ltd IPO retail subscription status? ▼

The Sahajanand Medical Technologies Ltd IPO retail category is subscribed 1.00 times as of 19 Oct 2026. The retail portion is oversubscribed.

How to subscribe Sahajanand Medical Technologies Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 15 Oct 2026 and closes 19 Oct 2026. Min investment: ₹14,792 (1 lot = 43 shares). UPI mandate: 5:00 PM on 19 Oct 2026.

How many times Sahajanand Medical Technologies Ltd IPO subscribed? ▼

The Sahajanand Medical Technologies Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sahajanand Medical Technologies Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Oct 2026. Refunds: on 22 Oct 2026.

When Sahajanand Medical Technologies Ltd IPO will be listed? ▼

The Sahajanand Medical Technologies Ltd IPO listing date is 23 Oct 2026, Friday. Listed on: NSE & BSE. Issue price: ₹344. Estimated listing: ₹366. GMP: +₹22.

When Sahajanand Medical Technologies Ltd IPO close? ▼

The Sahajanand Medical Technologies Ltd IPO closes on 19 Oct 2026, Monday. UPI mandate: 5:00 PM on 19 Oct 2026. Allotment: 21 Oct 2026. Listing: 23 Oct 2026.