What was the subscription of Sahajanand Medical Technologies IPO?

Sahajanand Medical Technologies IPO was subscribed 14.20x times overall - QIB 34.70x, HNI/NII 14.64x, Retail 3.03x.

What was the GMP of Sahajanand Medical Technologies IPO?

Day-by-day IPO GMP history for Sahajanand Medical Technologies is listed on this page.

Sahajanand Medical Technologies IPO

Q: What was the listing gain of Sahajanand Medical Technologies IPO?

Sahajanand Medical Technologies IPO listed at +7.89% versus the upper issue price of Rs 344 on 23 October 2026.

Medical Devices & Cardiovascular Technologies - Listed on 23 October 2026

+7.9% listing gain

Issue Price (Upper)

Rs 344

Listing Price

Rs 371.15

Closing Price (NSE)

Rs 372.9

Total Subscription

14.20x

Sahajanand Medical Technologies IPO listing summary

Sahajanand Medical Technologies (Medical Devices & Cardiovascular Technologies) closed its IPO window in 2026 and listed on NSE and BSE on 23 October 2026 at an upper band issue price of Rs 344, opening at Rs 371.15 for a listing gain of +7.9% and closing day one at Rs 372.9 (+8.4% on closing basis). The IPO was subscribed 14.20x overall - QIB 34.70x, HNI/NII 14.64x, Retail 3.03x. The total issue size was Rs 475.48 Cr (Fresh Issue Rs 0 Cr, OFS Rs 475.48 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

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About Sahajanand Medical Technologies

Medical Devices & Cardiovascular Technologies

Sahajanand Medical Technologies develops cardiovascular and vascular medical devices, including coronary stents and minimally invasive intervention products.

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About Sahajanand Medical Technologies IPO

Issue structure, listing outcome and context

The ₹475.48 crore IPO was entirely an offer for sale, priced at ₹344 per share. Shares opened on NSE at ₹371.15 on 23 October 2026. The reported latest traded price was ₹372.90.

Listing day performance

Listing Gain (Open)

+7.89%

Listing Gain (Close)

+8.40%

Day Change After Listing

+0.47%

Retail Quota

35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB34.70x

HNI / NII14.64x

Retail3.03x

Overall14.20x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.34x

Day 20.82x

Day 3 (Final)14.20x

Sahajanand Medical Technologies IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

Day	GMP (Rs)	GMP %
Day 1	-	-
Day 2	-	-
Day 3	-	+4.40%
Day 4	-	-
Day 5	-	-

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range

4.4%

IPOGyani AI Prediction

5.8%

Actual Listing Gain

+7.9%

Prediction Accuracy: 2.1 pp (Highly accurate)

Issue & financials

Issue SizeRs 475.48 Cr

Fresh IssueRs 0 Cr

OFSRs 475.48 Cr

IPO PE53.09

Peer / Sector PE-

PE vs Sector Ratio-

Latest EBITDA (Cr)-

Debt / Equity0.38

Market context at listing

How the broader market moved around the Sahajanand Medical Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-

Nifty 1W Return-

Nifty 1M Return-

Nifty during IPO window-