# Sahajanand Medical Technologies IPO Day 3: GMP at 7%

> Sahajanand Medical Technologies IPO hits 7% grey market premium as final bidding day approaches.
- Title: Sahajanand Medical Technologies IPO Day 3: GMP at 7%
- Summary: Sahajanand Medical Technologies IPO hits 7% grey market premium as final bidding day approaches. Sahajanand Medical Technologies' IPO achieves 82%…
- Keywords: sahajanand medical technologies, ipo, grey market premium, gmp, retail individual investors, qualified institutional buyers, non-institutional investors, bse, nse, listing price, money, business
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/ipos/fpos/sahajanand-medical-technologies-ipo-day-3-gmp-at-7-check-subscription-status-and-key-details/articleshow/135039386.cms
- Author: Ritesh Presswala
- Published: 2026-10-19T04:11:00+00:00
- Read time: 1 min
- Topics: sahajanand medical technologies, ipo, grey market premium, gmp, retail individual investors, qualified institutional buyers, non-institutional investors, bse, nse, listing price, money, business
## IPO Subscription Status
Sahajanand Medical Technologies IPO achieved 82% overall subscription by end of Day 2 against 97.50 lakh shares on offer.
## Retail Individual Investors Demand
Retail Individual Investors subscribed 83% of their 47.50 lakh shares reserved for retail investors.
## Grey Market Premium
The IPO commands a 7% grey market premium (GMP) of Rs 25 per share indicating potential listing gains.
## IPO Price Band
Sahajanand Medical Technologies fixed its IPO price band at Rs 327, 344 per share for the public issue.
## Listing Schedule
The shares are tentatively scheduled to list on BSE and NSE on October 23, 2026, after allotment on October 21.
## 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.
## IPO Subscription Details
Qualified Institutional Buyers subscribed 1.12 times their reserved portion against 27.14 lakh shares on offer.
## Key takeaway

Sahajanand Medical Technologies' IPO achieves 82% subscription by Day 2 with a 7% grey market premium indicating potential listing gains.