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SAAKSHISME / NSEListed
Saakshi Medtech and Panels

Incorporated in 2001, Saakshi Medtech and Panels Pvt Ltd designs, programs and assembles electrical control panels, cabinets, medical X-ray systems and wire harnesses. Its products cater to industries like elevators, air compressors, renewable energy, EV charging, oil & gas and healthcare. The company has 3 manufacturing units in Pune (total 9,600 sq. mtr). Saakshi has received multiple awards from companies like Atlas Copco, Philips and GE. The company reported revenue of ₹8,723 lakh for the 9 months ended Dec 2022, ₹9,157.78 lakh in FY22 and ₹5,977.39 lakh in FY21.

DRHPANCHOR
₹92 - ₹9791.72x sub
Listed Price₹146.00
Listing Gain+50.52%

IPO Schedule & Timeline

Book Built Issue IPO
Open25 Sep 2023
Close27 Sep 2023
Allotment29 Sep 2023
Listing03 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail15,48,000 shares
33.25%
Nii(hni)6,63,600 shares
14.25%
QIB22,09,200 shares
47.45%
Market Maker2,35,200 shares
5.05%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,16,400
HNI2 Lots (2,400 shares)
₹2,32,800

Company Promoters

Mr. Aniket Vijay LatkarMs. Chitra Vijay Latkar

Company Background

Incorporated in 2001, Saakshi Medtech and Panels Pvt Ltd designs, programs and assembles electrical control panels, cabinets, medical X-ray systems and wire harnesses. Its products cater to industries like elevators, air compressors, renewable energy, EV charging, oil & gas and healthcare. The company has 3 manufacturing units in Pune (total 9,600 sq. mtr). ...

Lead Managers & Bankers

Hem Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹6022.17 Cr
Growth-50.7%
Revenue Trend (₹ in Crores)
0.04.7k9.4k14.1kMar 2023Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 6,022.17220.085,591.502,199.44
Mar 2022 9,169.35937.596,521.911,635.78
Mar 202312,220.191,238.309,324.222,007.45

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values9.5334.35%28.57%10.1813.84

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
29 Sep 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Saakshi Medtech and Panels. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Oct 2023Trading commences on exchange

How to Check Saakshi Medtech and Panels Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Saakshi Medtech and Panels from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Saakshi Medtech and Panels IPO

Complete issue overview for Saakshi Medtech and Panels (SAAKSHI) IPO. The issue features an equity share price band of ₹92 – ₹97 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,16,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions