247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Saakshi Medtech and Panelslimited IPO (Saakshi Medtech and Panels IPO) Details

Saakshi Medtech and Panelslimited is an Electric Equipments based company, located in Pune, Saakshi Medtech and Panelslimited IPO size was 45.16 Cr. and was issued at 97.00 per share. The share of Saakshi Medtech and Panelslimited were listed at 153.30 per share and are currently trading at 203.90 per share.

Type :
Sub Sector : Electric Equipments
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
122.20 Cr.

PAT :
12.38 Cr.

Pricing Report

Issue Price :
97.00

Listing Price :
153.30

Current Market Price :
203.90

Issue Price vs CMP :
106.9 (110.21%)

listing Price vs CMP :
50.6 (33.01%)

Performance Report (CAGR* wise)

CAGR : 76.77
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Saakshi Medtech and Panels

Company Information
Saakshi Medtech and Panels is a diversified company engaged in manufacturing of: i) Electrical Control Panels and Cabinets used in elevators, air
compressors, renewal energy industry, oil & gas exploration industry, electrical vehicle charging stations etc, ii) Medical X Ray
System used in healthcare industry iii) Fabrication works for locomotives and (iv) wire harness division for their captive
consumption in electrical control panels and for supply to air compressor industry. Their in-house engineering and design
capabilities help them offer diversified products and solutions to their customers in each of the product categories in which they
operate. Their comprehensive solutions include design, process engineering and manufacturing including fabrication, assembly
and testing facilities. The hardware components are imported or sourced from local suppliers which are then programmed and
assembled at their manufacturing facilities.
They design,
Show More
Object of Issue
  • Funding capital expenditure towards civil construction work in the existing premises of factory unit II
  • Repayment in full or in part, of certain of the company's outstanding borrowings
  • Funding Capital Expenditure towards the installation of additional plant and machinery
  • Funding to meet working capital requirements
  • General Corporate Purpose

Saakshi Medtech and Panels SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2023
IPO Size :
45.16 Cr.
Market Cap :
171.26 Cr.   
IPO Subscription :
91.65 X     
PE Multiple :
13.84
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Bigshare Services Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Pune

3C IT Solutions & Telecoms (India) Limited

  IT systems integration company

  Pune


Affordable Robotic & Automation Limited

  the business of providing turnkey automation solution to automotive semi-automotive and manufacturing industries

  Pune



Peer Companies Of This Sector

FAQs

Saakshi Medtech and Panelslimited operates in Electric Equipments and Electric Equipments. The Issue is listed on NSE EMERGE in Oct, 2023. Saakshi Medtech and Panelslimited IPO size was 45.16 Cr. with Issue price of 97.00 .

Saakshi Medtech and Panelslimited IPO subscription was 91.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Saakshi Medtech and Panelslimited IPO listed at a listing price of 153.30 against the offer price of 97.00.

The current market price of Saakshi Medtech and Panelslimited is 203.90.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency