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Sahajanand Medical Technologies launches Rs 475.48 crore IPO
Reported by Vivek Joshi (Copy Editor) · Economic Times - Markets ·
Reported by one source so far
Sahajanand Medical Technologies opened its IPO for subscription on October 15, 2026, aiming to raise Rs 475.48 crore. The issue is an entirely offer‑for‑sale, meaning only existing shareholders are selling shares. Investors can bid within a price band of Rs 327 to Rs 344 per share. The lot size is set at 43 shares. The offering currently shows a 12% grey‑market premium, indicating strong demand. ## Context The company is using the IPO to unlock capital from its shareholders, a common step for firms looking to broaden their investor base. Grey‑market premiums often signal market sentiment before official listing.
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