Sahajanand Medical Technologies IPO Subscription Status Day 3: Issue Subscribed 14.21 Times

Mumbai, October 19: The Sahajanand Medical Technologies IPO was subscribed 14.21 times overall by 5:09 PM on October 19, 2026, the third and final day of bidding. The qualified institutional buyers (QIB) category, excluding anchor investors, recorded subscription of 34.70 times, while the non-institutional investor (NII) category was subscribed 14.64 times. Retail investors subscribed 3.04 times their reserved portion, according to the subscription figures provided. The ₹475.48 crore bookbuilding issue is entirely an offer for sale of 1,38,22,116 shares. The IPO opened on October 15 and closed on October 19, 2026, with a price band of ₹327 to ₹344 per share.

Sahajanand Medical Technologies IPO Day 3 Subscription Status

The issue received bids for 13,85,16,072 shares against 97,50,482 shares offered, excluding the anchor investor portion, according to the supplied subscription snapshot. The total number of applications stood at 3,22,158. The QIB category, excluding anchor investors, was subscribed 34.70 times, with bids for 9,41,79,804 shares against 27,14,424 shares offered.

The NII category recorded subscription of 14.64 times, with bids for 2,98,08,604 shares against 20,35,817 shares offered. Within this segment, big NIIs, applying for amounts above ₹10 lakh, subscribed 16.37 times, while small NIIs, applying for amounts below ₹10 lakh, subscribed 11.19 times. Retail investors subscribed 3.04 times, with bids for 1,44,35,057 shares against 47,50,241 shares offered. The employee category recorded subscription of 0.37 times, with bids for 92,751 shares against 2,50,000 shares reserved.

Sahajanand Medical Technologies IPO Day-wise Subscription Summary

The IPO recorded overall subscription of 0.35 times on October 15, rising to 0.83 times on October 16 before reaching 14.21 times on October 19. QIB subscription, excluding anchor investors, increased from 0.37 times on Day 1 to 1.12 times on Day 2 and 34.70 times on the final day. NII subscription rose from 0.20 times on the opening day to 0.51 times on Day 2 before reaching 14.64 times at the close. Retail subscription moved from 0.41 times on Day 1 to 0.83 times on Day 2 and ended at 3.04 times on the final day.

Sahajanand Medical Technologies IPO Timeline

The Allotment is scheduled for October 21, 2026. Refunds and credit of shares are expected on October 22, followed by a tentative listing on October 23 on the BSE and NSE.

Brief Overview Of The Sahajanand Medical Technologies IPO

The Sahajanand Medical Technologies IPO is a ₹475.48 crore bookbuilding issue comprising an offer for sale of 1,38,22,116 shares. The issue does not include a fresh issue component, according to the supplied details. The price band is ₹327 to ₹344 per share, with a face value of ₹1 per share. The minimum retail application is 43 shares, requiring an investment of ₹14,792 at the upper price band. The net offer allocation comprises 50% for QIBs, 15% for NIIs and 35% for retail investors, based on the supplied issue reservation details. The issue also includes a preferential reservation of 2,50,000 shares for employees. Motilal Oswal Investment Advisors Ltd. is the book-running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar. The IPO opened on October 15 and closed on October 19, 2026. The tentative listing date is October 23, 2026, on the BSE and NSE.

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=SMT&series=EQ&type=Active