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Saakshi Medtech and Panels IPO Date, Review, Price, Allotment Details

Saakshi Medtech and Panels is a various corporate engaged in production: i) Electrical Control Panels and Cabinets utilized in elevators, air compressors, the renewal power business, the oil & fuel exploration business, electric automobile charging stations, and so on., ii) Medical X-Ray Systems utilized in healthcare business iii) Fabrication works for locomotives and (iv) cord harness department for his or her captive intake in electric keep watch over panels and provide to air compressor business. Their in-house engineering and design features assist them be offering various merchandise and answers to their consumers in each and every of the product classes by which they perform. Their complete answers come with design, procedure engineering, and production together with fabrication, meeting, and checking out amenities. The {hardware} elements are imported or sourced from native providers that are then programmed and assembled on the production amenities.

Saakshi Medtech designed, programmed, and assembled Electrical Control Panels and Cabinets comprising microcontrollers, programmable common sense controllers, and a SCADA gadget. These Electrical keep watch over panels are very important for commercial automation. They supply higher-level tracking and keep watch over of quite a lot of purposes of machines to outline, prepare, and meet manufacturing targets. The finish customers for his or her merchandise on this class come with OEMs generating elevators, wind generators, air compressors, oil & fuel exploration apparatus, electric automobile charging stations, or diesel turbines. These panels direct the enter and output of kit by which they’re put in like tracking the directional motion of wind generators, bi-lateral motion of elevators, surroundings computerized load and sell off of drive in air compressors utilized in CNG petrol pumps, steel business, forging business, chemical business, aviation business and allied industries, vibration and temperature tracking in oil and fuel exploration apparatus, for charging of EV batteries and alarming of DG units.

Furthermore, they’re additionally concerned within the Fabrication of High-level Assembly (HLA) to be put in in locomotives which come with production and meeting of sensor field, battery bins, sandboxes, dynamic brake weldments, resistor bins, oil tank assemblies, snow plow, and so on. The corporate additionally has a cord harness department the place wiring meeting or cable meeting is undertaken for the transmission of alerts or electric energy within the electric cables or wires. The majority in their harnessed cord is used for captive intake in production actions of Medical X-Ray methods or Electrical Control Panels and Cabinets.

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Objects of the Issue:

  • Funding capital expenditure in opposition to civil building paintings within the current premises of manufacturing facility unit II.
  • Repayment in complete or partially, of positive of the corporate’s remarkable borrowings.
  • Funding Capital Expenditure in opposition to the set up of extra plant and equipment.
  • Funding to fulfill running capital necessities.
  • General Corporate Purpose.

Saakshi Medtech and Panels IPO Review

Saakshi Medtech and Panels IPO Date & Price Band Details

IPO Open: September 25, 2023
IPO Close: September 27, 2023
IPO Size: Approx ₹45.16 Crores, 4,656,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹92 to ₹97 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the web be offering
QIB Quota: 50% of the web be offering
NII Quota: 15% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Saakshi Medtech and Panels IPO Market Lot

The Saakshi Medtech and Panels IPO minimal marketplace lot is 1200 stocks with a ₹116,400 utility quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹116,400
Retail Maximum 1 1200 ₹116,400
S-HNI Minimum 2 2400 ₹232,80

Saakshi Medtech and Panels IPO Dates

The Saakshi Medtech and Panels IPO date is September 25 and the IPO shut date is September 27. The IPO allotment date is October 3 and the IPO would possibly record on October 6.

IPO Open Date: September 25, 2023
IPO Close Date: September 27, 2023
Basis of Allotment: October 3, 2023
Refunds: October 4, 2023
Credit to Demat Account: October 5, 2023
IPO Listing Date: October 6, 2023

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Saakshi Medtech and Panels IPO Form

How to use Saakshi Medtech and Panels IPO? You can practice Saakshi Medtech and Panels IPO by means of ASBA to be had on your checking account. Just move to the web financial institution login and practice by means of your checking account through settling on the Saakshi Medtech and Panels IPO within the Invest phase. The different choice you’ll be able to practice Saakshi Medtech and Panels IPO by means of IPO bureaucracy obtain by means of the NSE site. Check out the Saakshi Medtech and Panels bureaucracy – click on NSE IPO Forms obtain, fill and publish on your financial institution or together with your dealer.

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Saakshi Medtech and Panels Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2020 ₹61.71 ₹54.13 ₹5.79
2021 ₹60.22 ₹57.09 ₹2.10
2022 ₹91.69 ₹79.01 ₹9.32
2023 ₹- ₹- ₹-

Saakshi Medtech and Panels IPO Valuation – FY2022

Check Saakshi Medtech and Panels IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹7.17 in line with Equity Share
Price/Earning P/E Ratio: NA
Return on Net Worth (RoNW): 31.64%
Net Asset Value (NAV): ₹22.66 in line with Equity Share

Peer Group

  • Mr. Aniket Vijay Latkar
  • Ms. Chitra Vijay Latkar 

Saakshi Medtech and Panels IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Saakshi Medtech and Panels IPO Allotment Status

Check Saakshi Medtech and Panels IPO allotment standing on Bigshare site URL. Click Here

Saakshi Medtech and Panels IPO Lead Managers aka Merchant Bankers

Company Address

Saakshi Medtech and Panels Limited
Plot No. EL-23, J Block,
MIDC Industrial Area,
Bhosari, Pune- 411026
Phone: +91- 02039854400
Email: [email protected]
Website: https://www.smtpl.co/index.html

Saakshi Medtech and Panels IPO FAQs

What is Saakshi Medtech and Panels IPO?

Saakshi Medtech and Panels IPO is an NSE SME IPO. They are going to elevate ₹45.16 Crores by means of IPO. The factor is priced at ₹92 to ₹97 in line with fairness proportion. The IPO is to be indexed on NSE.

When Saakshi Medtech and Panels IPO will open?

The IPO is to open on September 27, 2023 for QIB, NII, and Retail Investors.

What is Saakshi Medtech and Panels IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Saakshi Medtech and Panels IPO?

You can practice Saakshi Medtech and Panels IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI thru your inventory agents. You too can practice by means of your inventory agents through filling up the offline shape.

How to Apply the Saakshi Medtech and Panels IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Saakshi Medtech and Panels”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Saakshi Medtech and Panels IPO thru Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Saakshi Medtech and Panels”. Click on Bid Button. Confirm your utility. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Saakshi Medtech and Panels IPO thru Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Saakshi Medtech and Panels”. Click on Bid Button. Confirm your utility. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Saakshi Medtech and Panels IPO Size?

Saakshi Medtech and Panels IPO dimension is ₹45.16 crores.

What is Saakshi Medtech and Panels IPO Price Band?

Saakshi Medtech and Panels IPO Price Band is ₹92 to ₹97 in line with fairness proportion.

What is Saakshi Medtech and Panels IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 stocks with ₹116,400.

What is Saakshi Medtech and Panels IPO Allotment Date?

Saakshi Medtech and Panels IPO allotment date is October 3, 2023.

What is Saakshi Medtech and Panels IPO Listing Date?

Saakshi Medtech and Panels IPO checklist date is October 6, 2023. The IPO to record on NSE SME.

Note: The Saakshi Medtech and Panels IPO main points are introduced formally. The IPO gray marketplace top class (Saakshi Medtech and Panels IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.)

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– Source : IPOWATCH

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