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Sahajanand Medical Technologies IPO

Sahajanand Medical Technologies IPO

Sahajanand Medical Technologies IPO

Overview

Sahajanand Medical Technologies IPO is a book build issue of ₹475.48 crores. The issue is entirely an offer for sale of 1.38 crore shares of ₹475.48 crore. Sahajanand Medical Technologies IPO opens for subscription on Oct 15, 2026 and closes on Oct 19, 2026. The allotment for the Sahajanand Medical Technologies IPO is expected to be finalized on Oct 21, 2026. Sahajanand Medical Technologies IPO will list on NSE and BSE with a tentative listing date fixed as Oct 23, 2026. Sahajanand Medical Technologies IPO is set issue price band at ₹327 to ₹344 per share. The lot size for an application is 43 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,792 (43 shares) (based on upper price). Motilal Oswal Investment Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Total Shares

1,38,22,116

Issue Size

₹475 Cr

Price Band

₹327 – ₹344

Lot Size

43 shares

Min. Investment

₹14,792

Max. Investment

₹1,92,296

Open Date

15 Oct, 2026

Close Date

19 Oct, 2026

Allotment

21 Oct, 2026

Listing

23 Oct, 2026

Announced

15 Oct, 2026

Opening Date

15 Oct, 2026

Closing Date

19 Oct, 2026

Basis of Allotment

21 Oct, 2026

Initiation of Refunds

22 Oct, 2026

Credit of Shares

22 Oct, 2026

Listing Date

23 Oct, 2026

Live GMP

Est. Listing: ₹384

₹40

Apply via UPI in 5 minutes

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About Sahajanand Medical Technologies IPO

Founded in 2001 by Mr. Dhirajlal Kotadia, Sahajanand Medical Technologies Ltd. is a medical device company focused on Class III and Class C/D devices, primarily in the fields of vascular and structural heart intervention. The company was the first globally to receive CE certification for a drug-eluting stent (DES) with a biodegradable polymer—Infinnium.

The product portfolio spans three key categories:

  • Vascular Intervention (VI): Includes coronary stents and

Sahajanand Medical Technologies IPO Share Price

Issue Breakdown

Total Issue1,38,22,116 shares₹475 Cr
Fresh Issue0 shares
Offer for Sale1,38,22,116 shares₹475 Cr

Shareholding

Pre-Issue10,16,46,778
Post-Issue10,16,46,778

Dilution: 0.0% increase in shares

Sahajanand Medical Technologies IPO Financial Health

Sahajanand Medical Technologies Ltd.'s revenue increased by 18% and profit after tax (PAT) rose by 175% between the financial year ending with March 31, 2026 and March 31, 2025.

Sahajanand Medical Technologies IPO Lot Size

Investors can bid for a minimum of 43 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)143₹14,792
Retail (Max)13559₹1,92,296
S-HNI (Min)14602₹2,07,088
S-HNI (Max)672881₹9,91,064
B-HNI (Min)682924₹10,05,856

(All values in CR)

Sahajanand Medical Technologies IPO Valuations

MetricValue
ROE2.07
ROCE3.16
Debt/Equity0.33
RoNW2.31
PAT Margin4.29
EBITDA Margin13.81
NAV64.35

(All values in CR)

Sahajanand Medical Technologies IPO Strength & Risk

+Strengths

Sahajanand Medical Technologies IPO Strength

  • Strong presence in the cardiovascular medical-device industry.

  • Specialised product portfolio, including coronary stents and balloons.

  • Research and development capabilities supporting product innovation.

  • Established international market presence and export opportunities.

  • Revenue and profit growth reported in FY2026.

  • Potential to benefit from rising demand for advanced cardiovascular treatments.

!Risks

Sahajanand Medical Technologies IPO Risk

  • Significant revenue dependence on its flagship Supraflex Cruz stent.

  • Strict regulatory requirements for medical-device manufacturing and sales.

  • High supplier concentration, creating potential supply-chain risks.

  • Rising borrowings that may increase financial pressure.

  • Intense competition from domestic and international medical-device manufacturers.

  • IPO valuation risk and no fresh capital raised for business expansion through the reported offer-for-sale structure.

Sahajanand Medical Technologies IPO GMP

Sahajanand Medical Technologies IPO last recorded Grey Market Premium (GMP) is ₹40, updated on Oct 12, 2026 08:37:01 AM. With an upper price band of ₹0, the estimated listing price for Sahajanand Medical Technologies IPO is ₹40 (cap price + today's GMP). The expected percentage gain/loss per share is 0.00%. Grey market trading for Sahajanand Medical Technologies IPO has commenced over the past 2 sessions. Due to limited historical data, initial trends are forming. Stay tuned for daily Sahajanand Medical Technologies IPO GMP updates, price trends, and expected listing estimates.

+₹400

Last updated 12 Oct, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
12 Oct, 20260₹40-₹40 (0.00%)-12 Oct, 2026
11 Oct, 20260₹40-₹40 (0.00%)-11 Oct, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Sahajanand Medical Technologies IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Sahajanand Medical Technologies IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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