Saakshi Medtech and Panels Limited

Saakshi Medtech and Panels Limited

SMEClosed

₹1,16,400(1,200 Shares)

Minimum Investment

IPO Dates

Sep 25, 2023 – Sep 27, 2023

Price Band

₹92–97 per equity share

Lot Size

1200

Listing

Oct 3, 2023

Listing At

NSE SME

Sep 25, 2023Open DateCompleted
Sep 27, 2023Close DateCompleted
TBAAllotment DateUpcoming
Oct 3, 2023Listing DateCompleted

Saakshi Medtech and Panels Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail75.88x

Overall Subscription

Total Bids Received

91.72x

Saakshi Medtech and Panels Limited IPO Issue Details

Issue Price
₹92-97 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Oct 3, 2023

Company Information

Saakshi Medtech and Panels Private Limited is engaged in the designing, programing, and assembling of Electrical Control Panels and Cabinets comprising microcontrollers, programmable logic controllers...

Valuations

RoNW

29.32%

Objectives of the Issue

  1. 1Funding capital expenditure towards civil construction work in the existing premises of factory unit II.
  2. 2Repayment in full or in part, of certain of the company's outstanding borrowings.
  3. 3Funding Capital Expenditure towards the installation of additional plant and machinery.
  4. 4Funding to meet working capital requirements.
  5. 5General Corporate Purpose.

Saakshi Medtech and Panels Limited – Promoter(s)

Mr. Aniket Vijay Latkar
Ms. Chitra Vijay Latkar

Contact Details

Saakshi Medtech and Panels Limited IPO Documents

Frequently Asked Questions — Saakshi Medtech and Panels Limited IPO

The Saakshi Medtech and Panels Limited IPO price band is set at ₹92.00 to ₹97.00 per equity share.

The lot size for Saakshi Medtech and Panels Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,16,400.

The Saakshi Medtech and Panels Limited IPO opens on Sep 25, 2023 and closes on Sep 27, 2023.

Saakshi Medtech and Panels Limited IPO is expected to be listed on Oct 3, 2023 on NSE SME.

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