Saakshi Medtech IPO Subscription Details

Bookbuilding IPO | ₹45 Cr | Listed at NSE SME | Mon, Sep 25, 2023 - Wed, Sep 27, 2023

Basis of Allotment - Saakshi Medtech IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,84,40013,24,80022,09,2006,63,60015,48,00044,20,800
Allotment price (Rs.)979797979797
No.of applications249337,33196,4551,03,819
No.of shares applied3,23,08,80013,24,8003,36,33,60013,39,74,00011,57,46,00028,33,53,600
Amount collected (Rs.cr.)313.40 12.85 326.25 1,299.55 1,122.74 2,748.53
No.of times subscribed36.531.0015.22201.8974.7764.10
No.of shares allotted8,84,40013,24,80022,09,2006,63,60015,48,00044,20,800
Amount (Rs.cr.)8.58 12.85 21.43 6.44 15.02 42.88
No.of allottees249333781,2901,701

IPO Shares Offered

Saakshi Medtech IPO is a public issue of 0.44 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.22 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,35,2002.28 5.05%
QIB 22,09,20021.43 47.45%
    Anchor 13,24,800 12.85 28.45%
    QIB (Ex Anchor) 8,84,400 8.58 18.99%
NII* 6,63,6006.44 14.25%
Retail15,48,00015.02 33.25%
Total46,56,00045.16 100%

Saakshi Medtech IPO Anchor Investor Allocation

A total of 13,24,800 shares at a price of Rs 97 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 22, 2023
Anchor investor price₹97.00
Anchor investors as % of QIBs59.97%
No. of shares locked-in for 30 days6,62,400
No. of shares locked-in for 90 days6,62,400
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 2,06,400 2.00 15.58 4.43
2 NEXT ORBIT VENTURES FUND NEXT ORBIT 1,03,200 1.00 7.79 2.22
3 CARNELIAN STRUCTURAL SHIFT FUND CARNELIAN 2,06,400 2.00 15.58 4.43
4 INDIA-AHEAD VENTURE TRUST INDIA-AHEAD VENTURE 1,54,800 1.50 11.68 3.32
5 ZINNIA GLOBAL FUND PCC-CELL DEWCAP FUND ZINNIA GLOBAL FUND PCC 1,89,600 1.84 14.31 4.07
6 FINAVENUE GROWTH FUND FINAVENUE 1,03,200 1.00 7.79 2.22
7 NEGEN UNDISCOVERED VALUE FUND NEGEN 1,03,200 1.00 7.79 2.22
8 SUBHKAM VENTURES (I) PVT.LTD. SUBHKAM VENTURES 1,54,800 1.50 11.68 3.32
9 MATTERHORN CAPITAL TRUST MATTERHORN 1,03,200 1.00 7.79 2.22
13,24,80012.8510028.45

IPO Subscription FAQs

The Saakshi Medtech IPO is subscribed 91.65 times by Sep 27, 2023 19:29.

Saakshi Medtech IPO Subscription

Investor Category Subscription (times)
Qualified Institutional37.35
Non Institutional200.78
Retail Individual75.88
Total Subscription91.65

Retail category of Saakshi Medtech IPO subscribed 75.88 times as of date Sep 27, 2023 19:29. The public issue closes on Wed, Sep 27, 2023 for bidding.

An investor can apply in Saakshi Medtech IPO online via bank (using ASBA) or the broker (using UPI). The Saakshi Medtech IPO shares are offered online only.

The Saakshi Medtech IPO is subscribed 91.65 times by Sep 27, 2023 19:29.

The Saakshi Medtech IPO allotment status is expected on or around Tuesday, October 3, 2023. Visit Saakshi Medtech IPO allotment status to check.

The Saakshi Medtech IPO listing date is October 3, 2023. The equity share of Saakshi Medtech IPO will list on NSE SME.

Visit Saakshi Medtech IPO subscription status page for real-time bidding information about Saakshi Medtech IPO.

Saakshi Medtech IPO Timetable

IPO opens OnMonday, September 25, 2023
IPO Closes OnWednesday, September 27, 2023
Finalisation of Basis of AllotmentTuesday, October 3, 2023
Initiation of RefundsWednesday, October 4, 2023
Credit of Shares to Demat AccountThursday, October 5, 2023
IPO Listing DateTuesday, October 3, 2023
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