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Sahajanand Medical Technologies Ltd.

Listed
MainboardBookbuilding IPO
Issue Price
₹327 to ₹344
Face Value
₹1 per share
Issue Size
₹475 Cr
Listing On
BSENSE
Live

Allotment Available

Check your individual allotment on the official registrar portal.

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Grey Market

₹17
+4.94% Est. Listing Premium
Est. Listing Price₹361
Updated: 22 Oct 2026, 23:02

About Sahajanand Medical Technologies Ltd. IPO

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. The company primarily focuses 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, which cater to different areas of interventional cardiology. It operates three manufacturing facilities, with two located in India and one in Thailand, supported by two R&D centres across India and Thailand. As of June 30, 2026, the company had 119 patents granted globally, 78 patent applications in the pipeline, and five design registrations in India. In Fiscal 2026, its products were marketed across 77 countries using direct, hybrid, and distributor-led models. Through these channels, it has established a 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, its team included 1,605 full-time employees, 31 consultants, and 707 contract-based employees.

Financial Health

Period EndedRevenuePATAssetsEBITDANet WorthTotal Borrowing
30 Jun 2026354.3315.091,309.0048.58631.72320.63
31 Mar 20261,218.7369.081,276.43170.66616.05269.53
31 Mar 20251,035.9625.151,094.90128.02545.23224.96
31 Mar 2024908.59-7.35970.58110.05526.30175.27

Live Subscriptions

Updated: 19 Oct 2026, 22:51
Categoryday 1day 2day 3
qib0.37x1.12x34.70x
nii0.20x0.51x14.64x
bnii0.13x0.38x16.37x
snii0.36x0.77x11.19x
retail0.41x0.83x3.04x
emp0.08x0.14x0.37x
Total0.35x0.83x14.21x

Frequently Asked Questions

The public subscription window officially opens on 15 October 2026 and concludes at 5:00 PM IST on 19 October 2026.
As of the latest market information, the GMP is ₹17, indicating a 4.94% estimated listing premium. GMP is an unofficial market indicator and can change rapidly.
Shares are offered at ₹327 to ₹344. Retail investors must bid for at least 43 shares, requiring a block investment of ₹14,792.
The allotment has been detected as available in the MUFG Intime India Pvt.Ltd. system. You can use the official registrar link on this page to check your individual status. Shares are scheduled to debut on the exchanges on 23 October 2026.
The registrar for this IPO is MUFG Intime India Pvt.Ltd..
The issue size for Sahajanand Medical Technologies Ltd. is ₹475 Cr.
The current status of the Sahajanand Medical Technologies Ltd. IPO is Listed. This status is determined from the issue and listing timeline using Indian Standard Time.
No. GMP is unofficial and can move significantly before listing. The actual listing price may differ from the GMP-based estimate.