• IPO Open Date
  • --
  • IPO Close Date
  • --
  • Allotment date
  • --
  • Listing date
  • --
  • Issue Size
  • --
  • Issue Price Band
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  • Lot Size
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  • Minimum Investment
  • --

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About Sahajanand Medical Technologies Limited

Founded in 2001 by Mr. Dhirajlal Kotadia, Sahajanand Medical Technologies Ltd. is a medical device company focused on Class III and Class C/D devices, primarily in the fields of vascular and structural heart intervention.

The company was the first globally to receive CE certification for a drug-eluting stent (DES) with a biodegradable polymer—Infinnium.

Product Portfolio

The product portfolio spans three key categories:

Vascular Intervention (VI)

Includes coronary stents and balloons for minimally invasive blood vessel treatments.

Structural Heart (SH)

Covers advanced technologies such as Transcatheter Aortic Valve Implantation (TAVI) and Occluders.

Other Products

Includes renal stents, peripheral Drug-Coated Balloons (DCBs), and selected trading products.

Research & Intellectual Property

Sahajanand operates two R&D centers—one in India and one in Thailand—supported by a team of 102 professionals, including biomedical engineers and clinical research specialists.

The company has built a robust intellectual property base, with 102 patents granted globally and 71 pending patent applications, along with five design registrations in India.

Key Products & Global Reach

Key products such as Supraflex Cruz (DES), Hydra (TAVI), and Cocoon (Occluders) are backed by 72 clinical studies and are widely accepted in over 76 countries across Europe, Asia, and other regions.

The global distribution strategy includes:

  • Direct operations in key European markets (Germany, Spain, France, UK)
  • Hybrid models in India (serving hospitals like Narayana Hrudayalaya Limited)
  • Distributor-led entry in markets such as Italy

International market adoption is reinforced by endorsements from key opinion leaders (KOLs), successful government tenders, and partnerships with major Group Purchasing Organizations (GPOs) in Europe.

Brand Strategy

The company follows a “House of Brand” strategy, developing and commercializing clinically differentiated products under recognized brand names like Supraflex Cruz, Hydra, and Cocoon.

Workforce

As of March 31, 2025, Sahajanand Medical Technologies employed 1,458 full-time staff, 24 consultants, and 818 contract-based personnel across its operations.



Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
Updated on N/A

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of Sahajanand Medical Technologies Limited

A quick overview of the key financial performance of Sahajanand Medical Technologies Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue increased by 14%, Total Assets increased by 13% between FY2024 and FY2025.

Period Ended FY2023 FY2024 FY2025
Revenue 795.55 901.60 1,024.88
Assets 911.63 970.58 1,094.90
Total Income 803.28 908.59 1,035.96
Profit After Tax 11.93 -7.35 25.15
EBITDA 110.77 110.05 128.02
Net Worth 539.21 526.30 545.23
Reserves & Surplus 543.58 530.34 555.97
Total Borrowings 132.18 175.27 224.96
Amount in ₹ Crore

IPO Lot Size

IPO lot size details are currently unavailable.

Key Performance Indicators (KPI)

KPI Latest
ROE (%) 3.68
ROCE (%) 10.37
Debt / Equity 0.38
RoNW (%) 3.73
PAT Margin (%) 2.45
EBITDA Margin (%) 12.49
Pre IPO
Post IPO
EPS (₹)
2.09
-
P/E (x)
-
-
Promoter Holding (%)
36.8
-
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • Motilal Oswal Investment Advisors Limited

Lead Manager Details

  • Avendus Capital Private Limited

Lead Manager Details

  • HSBC Securities and Capital Markets (India) Private Limited

Lead Manager Details

  • Nuvama Wealth Management Limited

IPO Registrar

  • Registrar Name
  • MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
  • Phone
  • +91 81081 14949
  • Contact Person
  • Shanti Gopalkrishnan
  • SEBI Registration Number
  • INR000004058
  • Address
  • C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India

Company Contact Details

  • Company Name
  • Sahajanand Medical Technologies Limited
  • Phone
  • 022 49564000
  • Contact Person
  • Deepshikha Singhal
  • Corporate Identity Number
  • U33119GJ2001PLC040121
  • Address
  • Sahajanand Estate, Wakharia Wadi, NR. Dabholi Char Rasta, Nani Ved, Ved Road, Surat, Gujarat 395004, India

Sahajanand Medical Technologies Limited FAQs

The Sahajanand Medical Technologies Limited IPO is a MAIN IPO with a total issue size of ₹ crores. The IPO price band is fixed at ₹-- to ₹-- per share, and the minimum lot size is --. The Sahajanand Medical Technologies Limited IPO will open on --, and will close on --. MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) has been appointed as the registrar for the issue. The equity shares are proposed to be listed on BSE,NSE.

The Sahajanand Medical Technologies Limited IPO opens on -- and closes on --.

The Sahajanand Medical Technologies Limited IPO lot size is --, and the minimum amount required for application is --.

You can apply for the Sahajanand Medical Technologies Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Sahajanand Medical Technologies Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Sahajanand Medical Technologies Limited IPO listing date is --.
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