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Shellz India Ltd — GMP ₹0Tonbo Imaging India Ltd — GMP +₹495Zetwerk Manufacturing Business Ltd — GMP +₹18Bonfiglioli Transmissions Ltd — GMP +₹178Sahajanand Medical Technologies Ltd — GMP +₹36Ravita Engineering Services Ltd — GMP +₹7Fusion CX Ltd — GMP +₹36HD Fire Protect Ltd — GMP +₹89Vaibhav Vyapaar Ltd — GMP ₹0Jio Platforms Ltd — GMP +₹210Shellz India Ltd — GMP ₹0Tonbo Imaging India Ltd — GMP +₹495Zetwerk Manufacturing Business Ltd — GMP +₹18Bonfiglioli Transmissions Ltd — GMP +₹178Sahajanand Medical Technologies Ltd — GMP +₹36Ravita Engineering Services Ltd — GMP +₹7Fusion CX Ltd — GMP +₹36HD Fire Protect Ltd — GMP +₹89Vaibhav Vyapaar Ltd — GMP ₹0Jio Platforms Ltd — GMP +₹210
Sahajanand Medical Technologies Ltd
Open NSE & BSE Bookbuilding IPO

Sahajanand Medical Technologies Ltd IPO

GMP Today
+₹36
+10%
Issue Price
₹344
Est. Listing: ₹380
IPO Overview
Quick facts
Issue Price
₹344
Lot Size
43 shares
Min. Investment
₹14,792
Issue Size
1,38,22,116 shares (agg. up to ₹475 Cr)
Face Value
₹1
Issue Type
Bookbuilding IPO
Listing Exchange
NSE & BSE
Script Code
—
Important Dates
IPO Open
15 Oct 2026
Today
IPO Close
19 Oct 2026
Allotment
21 Oct 2026
Refund Init.
22 Oct 2026
Demat Credit
22 Oct 2026
Listing Date
23 Oct 2026
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 2714424 — ₹—
NII / HNI (Non-Institutional) 2035817 14 ₹2,07,088
Retail (Individual) 4750241 1 ₹14,792
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 1 43 ₹14,792
HNI — sHNI 14 602 ₹2,07,088
HNI — bHNI 68 2924 ₹10,05,856
Subscription Status
Live
Metric QIB NII Retail Total
Subscription 0.00 0.07 0.18 0.10
Shares 2714424 2035817 4750241 9750482
Bids 0 136353 857635 1006501
Financial Highlights

Amount in ₹ Crore

Metric 30 Jun 2026 31 Mar 2026 31 Mar 2025
Revenue 35412181035
PAT 156925
EBITDA 48170128
Net Worth 631616545
Total Assets 130912761094
Reserves 706692580
Borrowings 320269224
ROE
2
ROCE
3
RONW
2
PAT Margin
4
EBITDA Mgn
13
D/E Ratio
0
Pre EPS
6
Post EPS
5
Pre P/E
50
Post P/E
57
Objects of Issue
  • {"object":null,"expected_amount":null}
About Sahajanand Medical Technologies Ltd

Incorporated in October 2001, 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. Its product portfolio includes coronary stents, coronary balloons, transcatheter aortic valve implantation (TAVI) devices, occluders, renal stents and peripheral drug-coated balloons (DCBs). The Company focuses on research and development, precision manufacturing and clinically supported product innovation. Its flagship brands include Supraflex Cruz, Cocoon and Hydra, serving different areas of interventional cardiology.

The Company operates three manufacturing facilities, two in India and one in Thailand, supported by two R&D centres in India and Thailand. As of June 30, 2026, it had 119 patents granted globally, 78 patent applications in the pipeline and five design registrations in India. Its products were marketed in 77 countries in Fiscal 2026, through direct, hybrid and distributor-led models, with established market presence in India, Europe and other international markets.

The Company reported revenue from operations of ₹12,105.04 million in Fiscal 2026, compared with ₹10,248.79 million in Fiscal 2025 and ₹9,016.04 million in Fiscal 2024.

As of June 30, 2026, it had 1,605 full-time employees, 31 consultants and 707 contract-based employees. 

Competitive 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.
Apply for This IPO
₹344
Min. ₹14,792 · 43 shares/lot
Expected Listing ₹380
GMP +₹36 (+10%)
Close Date 19 Oct 2026
Apply Now — Open
Pre-Issue
10,16,46,778 shares
Post-Issue
10,16,46,778 shares
Company Contact
Registrar
MUFG Intime India Pvt.Ltd
  • 022-49186000
  • sahajanandmedical.ipo@in.mpms.mufg.com
Lead Managers
  • Motilal Oswal Investment Advisors Ltd
  • Avendus Capital Pvt.Ltd
  • HSBC Securities & Capital Markets (India) Pvt.Ltd.
  • Nuvama Wealth Management Ltd
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