Sahajanand Medical Technologies IPO
Sahajanand Medical Technologies Limited (SMT) · mainboard IPO on NSE and BSE · Book Building. The shares list today.
Issue details
Timeline
- Bidding opensThu 15 Oct
- Bidding closesMon 19 Oct
- AllotmentWed 21 Oct
- Refunds & demat creditThu 22 Oct
- ListingFri 23 Oct
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 27,14,423 | 9,41,79,804 | 34.7x | |
| NII (HNI) total | 20,35,818 | 2,98,08,460 | 14.6x | |
| Big NII (above ₹10 lakh) | 13,57,212 | 2,22,12,725 | 16.4x | |
| Small NII (₹2-10 lakh) | 6,78,606 | 75,95,735 | 11.2x | |
| Retail | 47,50,241 | 1,43,91,713 | 3.03x | |
| Employees | 2,50,000 | 92,794 | 0.37x | |
| Total | 97,50,482 | 13,84,72,771 | 14.2x |
Bids on NSE and BSE together, as published by NSE, as of 19 Oct 2026, 07:00 PM. Shares offered exclude the anchor portion. 9% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Sahajanand Medical Technologies's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Medi Assist Healthcare ServicesJan 2024 | 40.1x | 14.9x | 3.19x | 16.2x | ₹1,172 Cr | +10.1% | +23.9% |
| Ceigall IndiaAug 2024 | 31.5x | 14.4x | 3.77x | 13.8x | ₹1,267 Cr | +4.5% | +5.9% |
| Smartworks Coworking SpacesJul 2025 | 24.4x | 22.8x | 3.53x | 13.5x | ₹601 Cr | +6.9% | +15.3% |
| Asset Reconstruction Company (India)Sep 2026 | 52.6x | 15.7x | 3.39x | 20.1x | ₹733 Cr | 0.0% | +1.8% |
| Nephrocare Health ServicesDec 2025 | 27.5x | 24.3x | 2.31x | 14.0x | ₹870 Cr | +6.5% | +8.5% |
| Jana Small Finance BankFeb 2024 | 38.7x | 25.1x | 5.46x | 18.5x | ₹590 Cr | -4.3% | -1.2% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| Avendus Capital | 9 | +8.6% | 67% |
| HSBC Securities and Capital Markets (India) | 15 | +8.3% | 87% |
| Nuvama Wealth Management | 35 | +11.9% | 66% |
Offer documents (NSE)
Frequently asked
What is the Sahajanand Medical Technologies IPO price band and lot size? ₹327–344 per share, with a lot of 43 shares, so the smallest retail bid is ₹14,792.
When are allotment and listing? Allotment Wednesday, 21 October; refunds and demat credit 22 October; listing Friday, 23 October. Allotment status is published by the registrar, MUFG Intime India Private Limited, and on the NSE and BSE websites.
How many times has it been subscribed? 14.2x overall: QIB 34.7x, NII 14.6x, retail 3.03x, employees 0.37x.
How did it list? It opened at ₹371, +7.9% against the issue price of ₹344.
