31 Mar 2021
Assets55.92
Total Income60.22
Profit After Tax2.20
NET Worth20.48
Reserves and Surplus17.88
Total Borrowing21.99
At a glance
Updated 2026-09-16The shares listed at ₹146.00, a 50.52% move from the issue price. Saakshi Medtech and Panels is a SME IPO with an issue size of ₹45.16 crore, proposed for listing on NSE SME. The offer opens on 25th Sep 2023 and closes on 27th Sep 2023. The issue structure includes a fresh issue of ₹42.88 crore. The current listing schedule points to 3rd Oct 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹45.16 Cr
Fresh issue₹42.88 Cr
Face value₹10
Price band₹92.00–₹97.00
Allotment3rd Oct 2023
Listing3rd Oct 2023
Listing performance
Full performance ↗Issue price₹97.00
Listing price₹146.00
Current price—
Listing gain50.52%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹36.00
GMP / upper price37.11%
Est. listing₹133.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Sep 2023
Closes27th Sep 2023
Allotment3rd Oct 2023
Refund4th Oct 2023
Demat5th Oct 2023
Listing3rd Oct 2023
Subscription demand
Full bidding ↗Total91.65×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹116,400 |
Company
Incorporated2001
Use of proceeds
| Object | Amount |
|---|---|
| Repayment in full or in part, of certain of our outstanding borrowings | ₹5.00 Cr |
| Funding to meet working capital requirements | ₹25.50 Cr |
| General Corporate Purpose | ₹10.18 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue122.20₹ Cr · +33.3% vs prior year
PAT12.38₹ Cr · +32.0% vs prior year
Assets93.24₹ Cr · +43.0% vs prior year
Net Worth42.24₹ Cr · +41.5% vs prior year
Borrowing20.07₹ Cr · +22.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets65.22
Total Income91.69
Profit After Tax9.38
NET Worth29.86
Reserves and Surplus27.26
Total Borrowing16.36
31 Mar 2023
Assets93.24
Total Income122.20
Profit After Tax12.38
NET Worth42.24
Reserves and Surplus39.64
Total Borrowing20.07
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS9.53
Pre-IPO P/E10.18
Post-IPO P/E13.84
Promoter holding pre100%
Promoter holding post73.63%
Market cap₹171.26 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Saakshi Medtech and Panelslimited IPO | — | 13.84 x | — | — |
| Skytech Infinite IPO | — | 18.00 x | — | — |
| Advance Technoforge IPO | — | 21.16 x | — | — |
| Susan Electricals IPO | — | 14.15 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager Fees | ₹0.27 Cr |
| Fees Payable to Registrar to the Issue | ₹0.03 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.36 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.07 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.03 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.05 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | ₹3.69 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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