The allotment status for Saakshi Medtech IPO (Initial Public Offering) will be determined on October 3, 2023. The refund process will begin on October 4, 2023 and shares will be added to Demat accounts on October 5, 2023. It is expected that Saakshi Medtech IPO will be listed on October 6, 2023. Investors can check their allotment status online on the Bigshare website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Saakshi Medtech IPO online or offline.
The company plans to raise approximately ₹45.16 Crores through the IPO, with a fixed price per equity share of ₹92 to ₹97. The IPO will be listed on the NSE SME.
How To Check Saakshi Medtech IPO Allotment Status:
Saakshi Medtech IPO Time Table:
| Event | Date |
| Opening Date | 25 September 2023 (Monday) |
| Closing Date | 27 September 2023 (Wednesday) |
| Basis of Allotment | 3 October 2023 (Tuesday) |
| Initiation of Refunds | 4 October 2023 (Wednesday) |
| Credit of Shares to Demat | 5 October 2023 (Thursday) |
| Listing Date | 6 October 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 27 September 2023 |
Saakshi Medtech IPO Subscription Status:
| Category | Subscription |
| QIB | 0.00x |
| NII | 0.00x |
| Retail | 0.00x |
| Total | 0.00x |
Saakshi Medtech and Panels IPO Allotment Date:
The allotment date for Saakshi Medtech IPO is 3 October 2023.
Saakshi Medtech and Panels IPO Allotment Timing:
The allotment status of Saakshi Medtech IPO will be updated on the register’s website between 10:00 PM tonight (3 October 2023) and 11:00 AM tomorrow (4 October 2023).
Saakshi Medtech and Panels IPO Allotment Chances:
The basis of allotment for the Saakshi Medtech IPO will be around %, as determined by the retail subscription rate. (Approx.)
You can Check Saakshi Medtech IPO Allotment Status in two ways:
Saakshi Medtech and Panels IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Saakshi Medtech IPO.
- Enter the Saakshi Medtech IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Saakshi Medtech and Panels IPO: Discover Your Allotment Status on BigShare Services
- Go to the direct BigShare link at (Click Here) and log in.
- Select the Saakshi Medtech IPO.
- Enter the Saakshi Medtech IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Saakshi Medtech IPO Allotment Link
Saakshi Medtech IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Saakshi Medtech IPO GMP | ₹30 | 30.93% |
About Saakshi Medtech and Panels Limited
Saakshi Medtech and Panels Private Limited was founded in 2001 and specializes in designing, programming, and assembling Electrical Control Panels and Cabinets. These panels and cabinets include components like microcontrollers, programmable logic controllers, and SCADA systems.
The company manufactures various products, including:
- Electrical Control Panels and Cabinets used in elevators, air compressors, renewable energy projects, oil & gas exploration, and electric vehicle charging stations.
- Medical X-ray systems for the healthcare industry.
- Fabrication services for locomotives.
- Wire harness division, supplying electrical control panels and components to the air compressor industry.
Saakshi Medtech and Panels operates three manufacturing units in Pune, Maharashtra, covering a total area of approximately 9600 square meters.
The company has received several awards and recognitions, such as the Best Delivery Performance Award in 2010 from Atlas Copco Ltd, Pune, the Best EHS Award in 2013 from Atlas Copco Ltd, Pune, the NPI Development Partner Award in 2015 from Philips, recognition as a Productivity Partner in the MMF Strategic Business Partnership Conclave 2021 by the GE Group, and a Zero Defect Zero Effect certification from MSME India.
For the period ending December 31, 2022, the company reported revenue of Rs. 8,723.00 Lacs, Rs. 9,157.78 Lacs in fiscal 2022, and Rs. 5,977.39 in fiscal 2021.
Saakshi Medtech and Panels IPO FAQs
When is Saakshi Medtech IPO Allotment Date?
Saakshi Medtech IPO Allotment is to be available on September 25, 2023.
What will be Saakshi Medtech IPO Refund Date?
The IPO refund date is September 27, 2023.
What are the Saakshi Medtech IPO Allotment Chances in Percentage (%)?
The Saakshi Medtech IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around %. (Approx.)
How do I Check My Saakshi Medtech IPO Allotment Status?
How to Check Your Saakshi Medtech IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Saakshi Medtech IPO Allotment Status?
To check your Saakshi Medtech IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Saakshi Medtech IPO Allotment via Registrar ( Name )?
To check the allotment status of Saakshi Medtech IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Saakshi Medtech IPO Listing Date?
Saakshi Medtech IPO listing date is October 6, 2023. The IPO is to list on NSE SME.
For Motre Detail of Saakshi Medtech IPO Click Here
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