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Sahajanand Medical Technologies Ltd IPO

Listed Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹14,792
43 shares · 1 lot

Sahajanand Medical Technologies Ltd IPO was priced at ₹327–₹344 per share with an issue size of ₹475 crore. The IPO opened on Oct 15, 2026 and closed on Oct 19, 2026, with a lot size of 43 shares and a minimum investment of ₹14,792.

Open
15 Oct
Close
19 Oct
Allotment
21 Oct
Refund
22 Oct
Listing
23 Oct

Market Sentiment

Grey Market Premium

Full history →
+₹24.00 +7.0%
Est. listing: ₹368
Updated 21 Oct 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹327.00 - ₹344.00 per share
Lot Size43 shares
Min Investment₹14,792
Total Issue Size ₹475.00 crore
Shares Offered1,38,22,116
Issue Structure Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Motilal Oswal Investment Advisors Ltd., Avendus Capital Pvt.Ltd., HSBC Securities & Capital Markets (India) Pvt.Ltd., Nuvama Wealth Management Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹344 · lot size 43 shares · estimated listing price ₹368 (GMP +₹24)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 43 ₹14,792 ₹15,824 +₹1,032
Retail (Max) 13 559 ₹1,92,296 ₹2,05,712 +₹13,416
S-HNI (Min) 14 602 ₹2,07,088 ₹2,21,536 +₹14,448
S-HNI (UPI limit) 33 1,419 ₹4,88,136 ₹5,22,192 +₹34,056
S-HNI (Max) 67 2,881 ₹9,91,064 ₹10,60,208 +₹69,144
B-HNI (Min) 68 2,924 ₹10,05,856 ₹10,76,032 +₹70,176
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹6.80
P/E (Post)
57.91 x
RoNW
2.31%
RoCE
3.16%
Net Worth
₹631.72 Cr
MetricLatest Reported
Total Income₹354.33 Cr
Profit After Tax₹15.09 Cr
Net Worth₹631.72 Cr

Promoters & Holding

Promoters: Bhargav Dhirajlal Kotadia, Dhirajlal Vallabhbhai Kotadia, Priyanka Dhirajlal Cohen and Shree Hari Trust

Promoter Holding (Pre-Issue)40.82%
Promoter Holding (Post-Issue)36.2%

Strengths & Risks

Strengths

  • Extensive 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.

Risks & Concerns

  • The company will not receive any funding as the IPO is entirely an offer for sale.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

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.

119 patents granted globally, 78 patent applications in the pipeline and five design registrations in India.

Founded2001-10-01
HeadquartersSurat, Gujarat
IndustryMedical Technology
Websitehttps://www.smtpl.com/

Registrar & Allotment

RegistrarMUFG Intime India Pvt.Ltd.
Phone022-49186000
Email[email protected]

Resources & Documents

Frequently Asked Questions

10 answers about Sahajanand Medical Technologies Ltd IPO — dates, pricing, allotment and listing.

Sahajanand Medical Technologies Ltd IPO is a bookbuilding ipo of ₹475 crore. The issue was priced at ₹327–₹344 per share, with a lot size of 43 shares. Bidding ran from Thu, 15 Oct 2026 to Mon, 19 Oct 2026, with shares listed on BSE and NSE.

The price band was ₹327–₹344 per share.

One lot was 43 shares. Bids had to be placed in multiples of 43.

A retail investor needed at least ₹14,792 – one lot of 43 shares at ₹344, the upper end of the price band.

Sahajanand Medical Technologies Ltd IPO opened on Thu, 15 Oct 2026 and closed on Mon, 19 Oct 2026.

Allotment was finalised on Wed, 21 Oct 2026.

Sahajanand Medical Technologies Ltd shares were listed on Fri, 23 Oct 2026 on BSE and NSE.

Motilal Oswal Investment Advisors Ltd., Avendus Capital Pvt.Ltd., HSBC Securities & Capital Markets (India) Pvt.Ltd. and Nuvama Wealth Management Ltd. are the book running lead managers. MUFG Intime India Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Sahajanand Medical Technologies Ltd IPO subscription page, and on the BSE and NSE websites.

From Wed, 21 Oct 2026, check the Sahajanand Medical Technologies Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.