Saakshi Medtech and Panels Limited IPO IPO
Saakshi Medtech and Panels Limited IPO is an NSE SME IPO listed on the NSE SME platform, priced at ₹92–₹97 per share. The stock debuted at ₹146, delivering a listing gain of 50.5%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,16,400.
Saakshi Medtech and Panels Limited
- IPO Dates
- Sep 25, 2023 – Sep 27, 2023
- Price band
- ₹92-97 per equity share
- Minimum Investment
- ₹1,16,400
- Issue size
- 4,656,000 shares(aggregating up to ₹45.16 Cr)
- Lot size
- 1200
- Allotment Date
- Sep 29, 2023
- Listing
- Oct 3, 2023
- Listing At
- NSE SME
IPO timeline
-
Sep 25, 2023
Open Date
Completed
-
Sep 27, 2023
Close Date
Completed
-
Sep 29, 2023
Allotment Date
Completed
-
Oct 3, 2023
Listing Date
Completed
Saakshi Medtech and Panels Limited IPO IPO Essentials
Saakshi Medtech and Panels Limited IPO IPO Details
Saakshi Medtech and Panels Limited IPO IPO is priced at ₹92-97 per share with a total issue size of 4,656,000 shares(aggregating up to ₹45.16 Cr). The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹92-97 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,656,000 shares(aggregating up to ₹45.16 Cr)
- Listing at
- NSE SME
- List price
- 146.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Saakshi Medtech and Panels Limited IPO IPO Analytics
Saakshi Medtech and Panels Limited IPO IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Saakshi Medtech and Panels Limited IPO IPO Subscription Status
Saakshi Medtech and Panels Limited IPO IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Day 1 - 25-09-23 05:00 PM | (2.00/1.28) x | 2.51 x | 2.10 x |
|
Day 2
26-09-23 05:00 PM
|
(2.01/4.99) x | 12.72 x | 8.00 x |
|
Day 3
27-09-23 05:00 PM
|
(37.35/201.08) x | 75.88 x | 91.72 x |
Saakshi Medtech and Panels Limited IPO Valuations
Earnings
- P/E Ratio
- 10.18
Returns
- RoNW
- 29.32%
Saakshi Medtech and Panels Limited IPO Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 9,324.22 | 6,521.91 | 5,591.50 |
| Revenue | 12,220.19 | 9,169.35 | 6,022.17 |
| Profit After Tax | 1,238.30 | 937.59 | 220.08 |
Saakshi Medtech and Panels Limited IPO Company & Offer Insights
About Saakshi Medtech and Panels Limited IPO
Saakshi Medtech and Panels Private Limited is engaged in the designing, programing, and assembling of Electrical Control Panels and Cabinets comprising microcontrollers, programmable logic controllers, and SCADA systems.
The company manufactures:
1. Electrical Control Panels and Cabinets used in elevators, air compressors, the renewal energy industry, the oil & gas exploration industry, electrical vehicle charging stations, etc.
2. Medical X-ray systems used in the healthcare industry
3. Fabrication works for locomotives
4. Wire harness division for electrical control panels and for supply to the air compressor industry.
Saakshi Medtech and Panels' has three manufacturing units in Pune, Maharashtra, with a total built-up area of approx. 9600 sq mtr.
The company has been awarded the Best Delivery Performance Award for 2010 - from Atlas Copco Ltd, Pune, Best EHS Award for 2013 from Atlas Copco Ltd, Pune, Awarded by Healthcare Innovation Centre (HIC) as the NPI Development Partner Award from Philips in 2015, Recognized as Productivity Partner in MMF Strategic Business Partnership Conclave 2021 by the GE Group, and Recognition certification of Zero Defect Zero Effect from MSME India.
The company recorded Rs. 8,723.00 Lacs in revenue from operations for the period ended December 31, 2022, Rs. 9,157.78 Lacs in fiscal 2022, and Rs. 5,977.39 in fiscal 2021.
Saakshi Medtech and Panels Limited IPO Promoter(s)
Mr. Aniket Vijay Latkar, Ms. Chitra Vijay Latkar are the company's promoters of Saakshi Medtech and Panels Limited IPO.
Saakshi Medtech and Panels Limited IPO IPO Issue Objectives
- •
- Funding capital expenditure towards civil construction work in the existing premises of factory unit II.
- •
- Repayment in full or in part, of certain of the company's outstanding borrowings.
- •
- Funding Capital Expenditure towards the installation of additional plant and machinery.
- •
- Funding to meet working capital requirements.
- •
- General Corporate Purpose.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Saakshi Medtech and Panels Limited IPO IPO is a book-built IPO worth ₹4,656,000 shares(aggregating up to ₹45.16 Cr). The price band is ₹92–₹97 per share. The IPO opens on Sep 25, 2023 and closes on Sep 27, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Saakshi Medtech and Panels Limited IPO IPO is ₹92 to ₹97 per share.
The lot size of Saakshi Medtech and Panels Limited IPO IPO is 1200 shares.
The minimum investment for Saakshi Medtech and Panels Limited IPO IPO is approximately ₹1,16,400 based on the upper price band .
Saakshi Medtech and Panels Limited IPO IPO opens on Sep 25, 2023 and closes on Sep 27, 2023.
The allotment date of Saakshi Medtech and Panels Limited IPO IPO is Sep 29, 2023.
Saakshi Medtech and Panels Limited IPO IPO is expected to be listed on Oct 3, 2023, on NSE SME Platform.
Saakshi Medtech and Panels Limited IPO IPO valuation snapshot: P/E 10.18, EPS ₹N/A/-, P/B N/A, RoNW 29.32%, and market cap N/A.
To apply for Saakshi Medtech and Panels Limited IPO IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Saakshi Medtech and Panels Limited IPO IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Saakshi Medtech and Panels Limited IPO IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Saakshi Medtech and Panels Limited IPO IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Saakshi Medtech and Panels Limited IPO IPO allotment status on IPO Ji for quick and easy access.