The Sahajanand Medical Technologies IPO allotment status will be finalized on Wednesday, October 21, 2026. Investors who applied for this IPO can check their allotment status online through the NSE, BSE, and MUFG Intime India websites. The shares are scheduled to begin trading on these stock exchanges on October 23, 2026, at 10 am.
- The IPO was an offer for sale (OFS) of up to 1.38 crore equity shares by existing shareholders.
- There was no fresh issue component, so the company will not receive any proceeds from the IPO.
- The IPO was subscribed 14.20 times overall.
- Qualified Institutional Buyers (QIBs) subscribed 34.70 times.
- Non-Institutional Investors (NIIs) subscribed 14.64 times.
- Retail investors subscribed 3.03 times.
What is the Sahajanand Medical Technologies IPO?
The Sahajanand Medical Technologies IPO was a ₹475.48 crore offer for sale by existing shareholders. It involved up to 1.38 crore equity shares. Since it was an offer for sale, the company itself did not issue new shares and will not receive any funds from this IPO.
Sahajanand Medical Technologies Ltd is a company that develops and manufactures Class III and Class C/D medical devices, focusing on vascular intervention and structural heart products. The company is research and development-driven, specializing in cardiac stents and other advanced medical devices.
How can investors check the IPO allotment status?
The basis of allotment for the IPO will be finalized on October 21, 2026. Investors can check their allotment status through the official websites of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and MUFG Intime India, the registrar for the IPO.
To check the status, investors will need their application details such as PAN number or application number. The allotment details will be published by the evening of October 21.
What was the subscription status of the IPO?
The IPO received strong subscription across all categories. Overall, it was subscribed 14.20 times, indicating high investor interest.
The Qualified Institutional Buyers (QIB) category was the most subscribed, with 34.70 times subscription. Non-Institutional Investors (NIIs) also showed strong interest, subscribing 14.64 times. Retail investors subscribed 3.03 times, reflecting healthy demand from individual investors.
When will Sahajanand Medical Technologies shares start trading?
The shares are set to begin trading on the NSE and BSE on October 23, 2026, starting at 10 am. This listing will provide liquidity to existing shareholders and increase the company’s visibility in the public market.
According to the company’s red herring prospectus, the listing is expected to enhance the brand and provide a public market for the equity shares in India.
Frequently Asked Questions
Q: What type of IPO was Sahajanand Medical Technologies?
A: It was an offer for sale (OFS) IPO, where existing shareholders sold their shares. There was no fresh issue of shares by the company.
Q: How can I check my IPO allotment status?
A: You can check the allotment status on the NSE, BSE, or MUFG Intime India websites using your application details.
Q: When will the shares start trading?
A: The shares will begin trading on October 23, 2026, at 10 am on NSE and BSE.
