Sahajanand Medical Tech Shares List at 8% Premium

Sahajanand Medical Technologies shares list at 8% premium over IPO price on NSE.

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Sahajanand Medical Tech Shares List at 8% Premium

Sahajanand Medical Technologies shares list at 8% premium over IPO price on NSE.

In brief

Sahajanand Medical Technologies shares list at 8% premium over IPO price on NSE. Sahajanand Medical Technologies shares opened 7.89% above IPO price at Rs 371.15 on NSE. Originally reported by The Economic Times.

Shares List at 8% Premium

Sahajanand Medical Technologies shares opened 7.89% above issue price at Rs 371.15 on NSE.

IPO Subscription Details

The IPO received 14.21 times overall subscription with retail investors subscribing 3.04 times.

IPO Price Band

Sahajanand Medical Technologies fixed IPO price band at Rs 327, Rs 344 per share.

Anchor Investors

The company raised Rs 140 crore from anchor investors by allotting 40,71,634 equity shares at Rs 344 apiece.

Financial Performance

Total income increased 18% to Rs 1,219 crore in FY26 from Rs 1,036 crore in FY25.

Profit After Tax

Profit after tax surged 175% to Rs 69 crore in FY26, compared with Rs 25 crore in FY25.

Market Reaction

Grey market premium (GMP) hovered around 5% ahead of debut, indicating positive but measured expectations.

In short

Sahajanand Medical Technologies shares opened 7.89% above IPO price at Rs 371.15 on NSE.

Read the original on The Economic Times

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