Sahajanand Medical Technologies Limited IPO
open · NSE · Bookbuilding IPO
Sahajanand Medical Technologies Limited IPO is a ₹475 crore book-built issue on NSE with a price band of ₹327–₹344 per share, open for bidding from 15 Oct 2026 to 19 Oct 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.smtpl.com/
IPO overview
Sahajanand Medical Technologies Limited is raising ₹475 crore through a book-built issue, made up entirely of shares sold by existing shareholders, so the company itself receives none of the proceeds.
Bids are accepted within a price band of ₹327–₹344 per share (face value ₹1); the final issue price is set within this band after bidding closes.
The shares are proposed to be listed on NSE.
Motilal Oswal Investment Advisors Ltd. is the book-running lead manager and MUFG Intime India Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.
- Issue type
- Bookbuilding IPO
- Issue structure
- OFS only
- Issue size
- ₹475 crore
- Price
- ₹327–₹344 per share
- Face value
- ₹1 per share
- Exchange
- NSE
- Lead manager
- Motilal Oswal Investment Advisors Ltd.
- Registrar
- MUFG Intime India Pvt.Ltd.
IPO timeline
- Bidding opens 15 Oct 2026
- Bidding closes 19 Oct 2026
- Basis of allotment 21 Oct 2026
- Refunds / unblocking 22 Oct 2026
- Shares credited to demat 22 Oct 2026
- Listing 23 Oct 2026
Bidding opened on 15 Oct 2026 and closes on 19 Oct 2026.
After bidding, the basis of allotment is due on 21 Oct 2026, refunds / unblocking of funds are due on 22 Oct 2026 and shares are due to be credited to demat accounts on 22 Oct 2026.
Listing is scheduled for 23 Oct 2026.
Subscription summary
As of 16 Oct 2026, the issue was subscribed 0.83× overall.
By category: qualified institutional buyers (QIB) 1.12×, non-institutional investors (NII) 0.51× and retail investors 0.83×.
Recorded day by day: 15 Oct 0.35× and 16 Oct 0.83×.
| Category | Subscribed (as of 16 Oct 2026) |
|---|---|
| QIB | 1.12× |
| NII | 0.51× |
| Retail | 0.83× |
| Overall | 0.83× |
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹15 on 18 Oct 2026, equal to 4.4% of the upper price band.
Across 6 readings between 13 Oct 2026 and 18 Oct 2026, the quoted GMP ranged from ₹15 to ₹46.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
Allotment status should become available on or after 21 Oct 2026.
The registrar, MUFG Intime India Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.
Offer documents
Where the offer document differs from any figure on this page, the document prevails.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
Tools
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