Saakshi Medtech and Panels Limited
Book Built Issue IPO · NSE
- Price band
- ₹92 - ₹97
- Lot size
- 1,200 shares
- Issue amount
- ₹45.16 cr
- Total subscription
- 91.72×
- Opens
- 25 Sept 2023
- Closes
- 27 Sept 2023
- Allotment
- 29 Sept 2023
- Listing
- 3 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 46,56,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,10,400
- Fresh issue
- ₹45.16 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,16,400
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,30,00,000
- Shares after issue
- 1,76,56,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,16,400 |
| HNI | 2 | 2,400 | ₹2,32,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.58 | 320.4 |
| RETAIL | 15.02 | 1,139.37 |
| NIB | 6.44 | 1,294.72 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 9.53 |
| ROE | 34.35 |
| ROCE | 28.57 |
| RONW | 29.32 |
| PRE IPO(PE) | 10.18 |
| POST IPO(PE) | 13.84 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Mr. Aniket Vijay Latkar
Ms. Chitra Vijay Latkar
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. EL-23, J Block, MIDC Industrial Area, Bhosari, Pune- 411026
+91- 02039854400
[email protected]Company website ↗Understanding SAAKSHI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.