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Saakshi Medtech and Panels Limited logo

Saakshi Medtech and Panels Limited IPO

SME IPOListedSAAKSHINSE
Current Market Price (CMP)
₹271.55(+179.95%)
Current Price (CMP)
₹271.55(+179.95%)

Live Market Quote

Listing Price & Gain
₹146(+50.52%)

Day 1 Exchange Open

IPO Issue Price
₹97

Band: ₹92 - ₹97

Total Subscription
85.25x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 Sept 2023
IPO Bidding Closes
27 Sept 2023
Allotment & Refunds
Completed
Exchange Listing Day
03 Oct 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 85.25x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription85.25x
Updated as on 27-Sep-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+50.52%
₹97 (Issue) → ₹146 (List)
Per share profit: +₹49.00
Holding Return (Till Date)+179.95%
₹97 (Issue) → ₹271.55 (CMP)
Net gain per share: +₹174.55
Post-Listing Performance (Listing Day → Today):+85.99%

About Saakshi Medtech and Panels Limited IPO

Saakshi Medtech and Panels Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 25 Sept 2023 and concluded on 27 Sept 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹92 - ₹97.

During the bidding window, Saakshi Medtech and Panels Limited witnessed heavy demand with an overall subscription of 85.25 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Saakshi Medtech and Panels Limited officially debuted on the stock exchanges on 03 Oct 2023 at an opening listing price of ₹146, delivering a listing day return of +50.52% (premium) over the final issue price. As per the latest market data, the stock trades at ₹271.55, representing an overall gain of +179.95% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Saakshi Medtech and Panels Limited IPO?
The issue price of Saakshi Medtech and Panels Limited IPO was fixed at ₹97 per equity share. The indicative bidding price band was ₹92 - ₹97.
What were the open, close, and listing dates for Saakshi Medtech and Panels Limited IPO?
Saakshi Medtech and Panels Limited IPO opened on 25 Sept 2023, closed on 27 Sept 2023, listed on 03 Oct 2023.
How much was Saakshi Medtech and Panels Limited IPO subscribed?
The IPO received an overall subscription of 85.25 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Saakshi Medtech and Panels Limited IPO?
Saakshi Medtech and Panels Limited IPO listed on the stock exchange at ₹146, delivering a listing gain of 50.52% compared to the IPO issue price of ₹97.
Is Saakshi Medtech and Panels Limited IPO a Mainboard or SME IPO?
Saakshi Medtech and Panels Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Saakshi Medtech and Panels Limited IPO since its IPO?
At the latest market quote of ₹271.55, Saakshi Medtech and Panels Limited IPO has generated an all-time return of +179.95% since its initial public offering.

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