Bookbuilding IPO | ₹27 Cr | Listed at NSE SME | Fri, Jun 20, 2025 - Tue, Jun 24, 2025
Aakaar Medical Technologies IPO is a book build issue of ₹27.00 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹27.00 crore.
Aakaar Medical Technologies IPO bidding started from Jun 20, 2025 and ended on Jun 24, 2025. The allotment for Aakaar Medical Technologies IPO was finalized on Jun 25, 2025. The shares got listed on NSE SME on Jun 27, 2025.
Aakaar Medical Technologies IPO price band is set at ₹72 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,15,200 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,30,400.
Indorient Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Alacrity Securities Ltd..
Refer to Aakaar Medical Technologies IPO RHP for detailed Information.
IPO Open
Fri, Jun 20, 2025
IPO Close
Tue, Jun 24, 2025
Issue Price
₹72 per share
Market Cap (Pre-IPO)
₹102.04 Cr
| IPO Date | 20 to 24 Jun, 2025 |
| Listed on | Fri, Jun 27, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹68 to ₹72 |
| Issue Price | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 37,50,400 shares (agg. up to ₹27 Cr) |
| Reserved for Market Maker | 1,88,800 shares Alacrity Securities Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 35,61,600 shares (agg. up to ₹26 Cr) |
| Net Offered to Public | 35,61,600 shares (agg. up to ₹26 Cr) |
| Share Holding Pre Issue | 1,04,22,416 shares |
| Share Holding Post Issue | 1,41,72,816 shares |
| NSE Symbol | AAKAAR |
| ISIN | INE1GYP01013 |
Aakaar Medical Technologies IPO comprises a total issue size of 37,50,400 shares. The net offer to the public is 35,61,600 shares, after excluding 1,88,800 shares allotted on a firm basis. Of the Net offer 17,79,200 (49.96%) are allocated to QIB, 5,34,400 (15.00%) allocated to NII 12,48,000 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 17,79,200 | 49.96% | 47.44% |
| − Anchor Investor Shares Offered | 10,67,200 | 28.46% | |
| − QIB (Ex. Anchor) Shares Offered | 7,12,000 | 18.98% | |
| NII (HNI) Shares Offered | 5,34,400 | 15.00% | 14.25% |
| Retail Shares Offered | 12,48,000 | 35.04% | 33.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,88,800 | 5.03% | |
| Total Shares Offered | 37,50,400 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,15,200 |
| Retail (Max) | 1 | 1,600 | ₹1,15,200 |
| HNI (Min) | 2 | 3,200 | ₹2,30,400 |
Aakaar Medical Technologies IPO raises ₹7.68 crore from anchor investors. Aakaar Medical Technologies IPO Anchor bid date is June 19, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Jun 19, 2025 |
| Shares Offered | 10,67,200 |
| Anchor Portion (₹ Cr.) | 7.68 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Jul 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Sep 23, 2025 |
Incorporated in June 2013, Aakaar Medical Technologies Limited is an aesthetic medical company that offers a diverse selection of specialized cosmetic products and devices.
The company deals in speciality products for Dermatologists, Plastic Surgeons, Aesthetic Physicians, Cosmetologists.
The company's product portfolio encompasses both own brands, which consist of domestically manufactured products and internationally produced devices, and imported brands sourced from countries such as South Korea, Spain, Italy, and Austria.
The company supplies products and devices mainly to dermatologists, plastic surgeons, and aesthetic physicians, who sell them to end consumers and use some consumables in treatments.
The company's product range includes the following:-
The company has branches across India with a team of 90 trained sales and service engineers, serving thousands of satisfied customers.
The company sells its products to the states of Delhi, Haryana, Punjab, Chandigarh, Uttarakhand, Uttar Pradesh, Bihar, West Bengal, Assam, Gujarat, Madhya Pradesh, Maharashtra, Karnataka, Telangana, and Tamil Nadu.
Competitive Strength
Aakaar Medical Technologies Ltd.'s revenue increased by 33% and profit after tax (PAT) rose by 110% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 51.85 | 34.01 | 23.23 |
| Total Income | 61.76 | 46.27 | 32.88 |
| Profit After Tax | 6.04 | 2.87 | 2.15 |
| EBITDA | 9.74 | 5.00 | 3.53 |
| NET Worth | 23.20 | 12.53 | 9.66 |
| Reserves and Surplus | 12.78 | 11.84 | 8.96 |
| Total Borrowing | 22.74 | 15.06 | 5.87 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 20.35 |
| 2 | General corporate purposes | 3.29 |
| KPI | Mar 31, 2025 |
|---|---|
| ROCE | 21.02% |
| Debt/Equity | 0.98 |
| RoNW | 33.81% |
| PAT Margin | 9.81% |
| EBITDA Margin | 15.81% |
| Price to Book Value | 5.23 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.79 | 4.26 |
| P/E (x) | 12.43 | 16.9 |
| Promoter Holding | 91.11% | 67.01% |
| Market Cap | ₹102.04 Cr. |
The Aakaar Medical Technologies IPO is subscribed 2.28 times on June 24, 2025 6:19:01 PM (Day 3). The public issue subscribed 1.93 times in the retail category, 3.51 times in the QIB category, and 1.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 3.51 | 7,12,000 | 24,96,000 | 7 |
| NII* | 1.48 | 5,36,000 | 7,93,600 | 123 |
| Retail | 1.93 | 12,48,000 | 24,11,200 | 1,507 |
| Total | 2.28 | 24,96,000 | 57,00,800 | 1,637 |
Total Application : 1,637
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.59 |
| 2 | Underwriting Fees in selling commission & Brokerage | 1.91 |
| 3 | Brokerage, selling commission and other uploading fees | 0.02 |
| 4 | Fees payable to Registrar to the Issue | 0.01 |
| 5 | Fees to the legal advisor, audit / chartered accountant fees | 0.43 |
| 6 | Advertising and marketing expenses | 0.21 |
| 7 | Fees payable to regulators including stock exchange | 0.07 |
| 8 | Printing and distribution expenses | 0.01 |
| 9 | Fees payable to Industry Report provider | 0.07 |
| 10 | Miscellaneous | 0.05 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹75.00 |
| Low | ₹71.25 |
| High | ₹75.00 |
| Last Trade | ₹71.25 |
Lead Manager Reports
Aakaar Medical Technologies IPO is a SME IPO of 37,50,400 equity shares of the face value of ₹10 aggregating up to ₹27 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on Fri, Jun 20, 2025, and closes on Tue, Jun 24, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Aakaar Medical Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Aakaar Medical Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aakaar Medical Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aakaar Medical Technologies IPO opens on Fri, Jun 20, 2025 and closes on Tue, Jun 24, 2025.
Aakaar Medical Technologies IPO lot size is 1600, and the minimum amount required for application is ₹1,15,200.
You can apply in Aakaar Medical Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aakaar Medical Technologies IPO will be done on Wednesday, June 25, 2025, and the allotted shares will be credited to your demat account by Thu, Jun 26, 2025. Check the Aakaar Medical Technologies IPO allotment status.
The Aakaar Medical Technologies IPO listing date is on Fri, Jun 27, 2025.
