ListedSMESAAKSHI

Saakshi Medtech and Panels Limited

Saakshi Medtech and Panels Limited is an SME IPO raising ₹45 Cr at ₹92 – ₹97 a share. It listed on 6 Oct 2023 and trades at ₹345 today, +256.0% against its issue price of ₹97. The exchanges never published a subscription figure for it.

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₹97

Issue price

₹345

Price now

+256.0%

Since issue price

6 Oct 2023

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹92 – ₹97

Cut-off price₹97

Issue size₹45 Cr

Shares per lot1200

Minimum application₹1,16,400

Minimum quantity1200

Face value₹10

Listing exchanges—

ISININE0PSK01027

Bidding hours10:00 – 17:00 IST

Bidding window25 Sept 2023 – 27 Sept 2023

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.