The ₹475.48-crore IPO closed 14.20 times subscribed, led by institutional demand. Investors can check allotment status through the registrar and exchange portals.
October 21, 2026
The Sahajanand Medical Technologies IPO allotment is scheduled to be finalised on Wednesday, October 21, following strong demand during its three-day subscription period. The ₹475.48-crore issue received bids for 13,84,72,771 shares against 97,50,482 shares on offer, according to Moneycontrol’s report citing NSE data.
The Economic Times IPO page records the final overall subscription at 14.20 times, as of October 19, 2026, at 7 p.m. IST.
Investors can check their application status through MUFG Intime, the IPO registrar, the BSE IPO application-status page or the NSE IPO bid and allotment verification portal. Investors should check the registrar’s portal for confirmation once the allotment information is published.
Sahajanand Medical Technologies IPO subscription: 14.20 times
The final subscription figures show a significant difference in demand across investor categories, according to the published closing data.
| Investor category | Final subscription |
|---|---|
| Qualified institutional buyers (QIBs, excluding anchors) | 34.70 times |
| Non-institutional investors (NIIs) | 14.64 times |
| Retail individual investors | 3.03 times |
| Eligible employees | 0.37 times |
| Overall | 14.20 times |
QIBs led demand, subscribing to their allocated portion 34.70 times. The NII category was subscribed 14.64 times, while retail investors bid for 3.03 times the shares reserved for their category.
These multiples measure demand relative to the shares available in each category. Strong subscription does not guarantee an allotment or determine the stock’s eventual listing price.
Sahajanand Medical Technologies IPO GMP today
InvestorGain reported a grey market premium (GMP) of ₹24 at 1:37 p.m. on October 21. Against the upper issue price of ₹344, the premium represents approximately 6.98%.
Adding the quoted premium to the upper price band gives an indicative price of ₹368. This is a mathematical calculation based on an unofficial premium, not a confirmed listing price.
GMP can change before listing and may differ across sources and timestamps. It does not guarantee a listing gain, and the actual trading price may be materially different from the indicative figure.
Track Live: Latest IPO GMP Today (Live IPO Grey Market Premium)
Where to check your Sahajanand Medical Technologies IPO allotment
Investors have three online routes for checking their Sahajanand Medical Technologies IPO application. The registrar should be the first stop for the final allotment result; the exchange portals provide alternative ways to check application or bid information.
| Portal | Best use | What to do |
|---|---|---|
| MUFG Intime — Registrar | Checking the final allotment result | Look for Sahajanand Medical Technologies under public issues and enter the applicant details requested on the page. |
| BSE IPO application status | Checking an IPO application through BSE | Select the relevant issue type and follow the application-status form for the company. |
| NSE IPO bid/allotment verification | Verifying bid and available allotment information | Open the IPO verification facility and provide the details requested for the issue. |
What if your allotment result is not showing?
An unavailable result does not, by itself, establish whether an application was successful. The allotment information must first be published and made available through the relevant portal.
Check that the PAN, application number or other identifier matches your original application, using whichever details the selected portal accepts. If the result is still unavailable, revisit the registrar’s page rather than estimating your outcome from the IPO’s subscription multiple.
The issue received 14.20 times overall subscription, but that figure represents aggregate demand against available shares. It cannot tell an individual applicant whether shares have been allotted. The applicant-level result is what matters.
Sahajanand Medical Technologies IPO: Price band, lot size and timeline
The IPO opened on October 15 and closed on October 19, 2026. Its price band was ₹327–₹344 per share, with a minimum lot size of 43 shares. At the upper end of the price band, the minimum application amount was ₹14,792, excluding applicable charges.
The ₹475.48-crore offering is an offer for sale (OFS) of 1,38,22,116 existing equity shares. There is no fresh issue, so proceeds from the sale go to the selling shareholders rather than to Sahajanand Medical Technologies.
| Event | Scheduled date |
|---|---|
| IPO subscription closed | October 19, 2026 |
| Allotment finalisation | October 21, 2026 |
| Refund initiation and expected share credit | October 22, 2026 |
| Listing on BSE and NSE | October 23, 2026 |
Sahajanand Medical Technologies develops medical devices for cardiovascular and vascular interventions, including coronary stents, balloons and structural heart products.
Investors awaiting allotment should verify their application-level result through the registrar or exchange portal when the information is available. The reported GMP remains unofficial, and the actual listing outcome is uncertain.
Read Next: Jio Platforms IPO: Subscription at 0.71x; QIB Bids at 2.03x
Disclaimer: Grey market premium figures are unofficial, may fluctuate and do not guarantee listing gains. This article is for informational purposes only and is not investment advice.
