Saakshi Medtech and Panels Limited
ListedSMEEmerging SME Services · NSE
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.
Price Band
₹92 – ₹97
Issue Size
₹45.16 Cr
Lot Size
1200 shares
GMP
₹36
+37.1%
Est. Listing
₹133
at current GMP
Subscribed
91.72x
overall
Open
25 Sep 2023
Close
27 Sep 2023
Allotment
29 Sep 2023
Refund
30 Sep 2023
Demat Credit
1 Oct 2023
Listing
3 Oct 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹92 - ₹97 per equity share
- •Minimum bid lot is 1200 shares
- •Estimated listing target of ₹133 based on current grey market activity