Sahajanand Medical Technologies IPO | Key Dates, Price Band and Lot Size
Sahajanand Medical Technologies Limited has launched a ₹475.48 crore IPO, which opened for subscription on October 15, 2026, and will close on October 19, 2026. The shares are proposed to be listed on the BSE and NSE, with a tentative listing date of October 23, 2026.
The Sahajanand Medical Technologies IPO price band is ₹327–₹344 per share, while the minimum lot size is 43 shares. Retail investors need to invest at least ₹14,792 for one lot at the upper price band. In comparison, sNII investors must apply for at least 602 shares worth ₹2,07,088, while bNII investors must apply for at least 2,924 shares worth ₹10,05,856.
The IPO is entirely an offer for sale of 1,38,22,116 equity shares by existing shareholders. Since there is no fresh issue, Sahajanand Medical Technologies Limited will not receive any proceeds from the IPO.
Sahajanand Medical Technologies Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | October 15, 2026 |
| IPO Closing Date | October 19, 2026 |
| Tentative IPO Listing Date | October 23, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹327 – ₹344 per share |
| Lot Size | 43 shares |
| Total Issue Size | 1,38,22,116 shares, aggregating to ₹475.48 crore |
| Fresh Issue | Nil |
| Offer for Sale (OFS) | 1,38,22,116 shares, aggregating to ₹475.48 crore |
| Employee Reservation | 2,50,000 shares |
| Sale Type | Offer for Sale only |
| IPO Segment | Main Board, Book-Building IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 10,16,46,778 shares |
| Shareholding Post-Issue | 10,16,46,778 shares |
| Market Cap (At Upper Price) | ₹3,496.65 Cr |
| Registrar | MUFG Intime India Pvt. Ltd. |
Sahajanand Medical Technologies Limited | Company Overview
Sahajanand Medical Technologies Limited is a medical technology company that develops, manufactures and markets medical devices for vascular and structural heart interventions.
The company operates three manufacturing facilities, two in India and one in Thailand. Its manufacturing operations are supported by research and development centres in India and Thailand.
Sahajanand Medical Technologies marketed its products across 77 countries during FY26. It uses direct, hybrid and distributor-led sales models, with an established presence in India, Europe and other international markets.
As of June 30, 2026, the company had 1,605 full-time employees, 31 consultants and 707 contract-based employees.
Considering the Sahajanand Medical Technologies IPO?
Subscription open October 15 – 19, 2026 · Price band ₹327–₹344 · Min. investment ₹14,792
Sahajanand Medical Technologies IPO | Key Dates
- IPO Opening Date: October 15, 2026
- IPO Closing Date: October 19, 2026
- Allotment Date: October 21, 2026
- Refunds Initiated: October 22, 2026
- Shares Credited to Demat: October 22, 2026
- Tentative Listing Date: October 23, 2026
- Anchor Investor Bidding Date: October 14, 2026
- Cut-off Time for UPI Mandate Confirmation: Typically 5 PM on October 19, 2026
Sahajanand Medical Technologies IPO | Lot Size & Investment
Investors can bid for a minimum of 43 shares and in multiples of 43 shares thereafter.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 43 | ₹14,792 |
| Retail Maximum | 13 | 559 | ₹1,92,296 |
| sNII Minimum | 14 | 602 | ₹2,07,088 |
| sNII Maximum | 67 | 2,881 | ₹9,91,064 |
| bNII Minimum | 68 | 2,924 | ₹10,05,856 |
Investor Category Reservations
The category allocations below apply to the net offer after excluding the employee reservation of 2,50,000 shares.
| Investor Category | Shares | Share of Net Offer |
|---|---|---|
| Qualified Institutional Buyers | 67,86,058 | 50% |
| Non-Institutional Investors | 20,35,817 | 15% |
| Retail Individual Investors | 47,50,241 | 35% |
| Net Offer | 1,35,72,116 | 100% |
| Employee Reservation | 2,50,000 | — |
| Total Issue | 1,38,22,116 | — |
Sahajanand Medical Technologies Limited | Financial Overview
Sahajanand Medical Technologies Limited’s total income increased by approximately 18%, from ₹1,035.96 crore in FY25 to ₹1,218.73 crore in FY26. However, total borrowings also increased from ₹224.96 crore to ₹269.53 crore during the same period.
Here is a snapshot of its financial performance:
| Detail | 30-Jun-26 | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
|---|---|---|---|---|
| Assets | 1,309.00 | 1,276.43 | 1,094.90 | 970.58 |
| Total Income | 354.33 | 1,218.73 | 1,035.96 | 908.59 |
| Profit After Tax | 15.09 | 69.08 | 25.15 | -7.35 |
| EBITDA | 48.58 | 170.66 | 128.02 | 110.05 |
| Net Worth | 631.72 | 616.05 | 545.23 | 526.30 |
| Reserves and Surplus | 706.86 | 692.48 | 580.71 | 556.57 |
| Total Borrowings | 320.63 | 269.53 | 224.96 | 175.27 |
Amounts are in ₹ crore.
Sahajanand Medical Technologies IPO | FAQs
When does the Sahajanand Medical Technologies IPO open and close?
The Sahajanand Medical Technologies IPO opened for subscription on October 15, 2026, and will close on October 19, 2026.
What are the Sahajanand Medical Technologies IPO price band and lot size?
The Sahajanand Medical Technologies IPO price band is ₹327–₹344 per share. Its minimum lot size is 43 shares, requiring a minimum retail investment of ₹14,792 at the upper price band.
How can I check the Sahajanand Medical Technologies IPO allotment status?
You can check the Sahajanand Medical Technologies IPO allotment status on the MUFG Intime India website using your PAN, application number or Demat account details. The status may also be available through the BSE and NSE IPO pages.
When will the Sahajanand Medical Technologies IPO allotment be finalised?
The Sahajanand Medical Technologies IPO allotment is expected to be finalised on October 21, 2026. The exact allotment time is not fixed, but the status is generally available after the registrar completes the basis-of-allotment process.
What is the face value of Sahajanand Medical Technologies IPO shares?
The face value of each equity share offered through the Sahajanand Medical Technologies IPO is ₹1.