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Saakshi Medtech and Panels Limited IPO Subscriptions Status Live Today

 

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Saakshi Medtech and Panels Limited IPO

September 25, 2023 - September 27, 2023 Closed
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Saakshi Medtech and Panels Limited IPO Details

Issue Open

25 September 2023

Issue Close

27 September 2023

IPO Price

₹92 to ₹97 per equity share

Face Value

₹10 per equity share

IPO Size

₹45.16 Cr.

Listing At

NSE, SME

IPO Lot Size

1200 Shares

IPO Investor Categories

· Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered retail investors.

·  Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

 

2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.


·  Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.

 

·  Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.


·  Others- A category of eligible shareholders or other investors with a reserved IPO quota.


Frequently Asked Question

Pre-issue shareholding of the Saakshi Medtech and Panels Limited IPO promoter is 100.00%.
Closing date of Saakshi Medtech and Panels Limited IPO is September 27, 2023.
Lot size of the Saakshi Medtech and Panels Limited IPO is 1200 shares.
Post-issue shareholding of the Saakshi Medtech and Panels Limited IPO services promoter is 73.63%.
Saakshi Medtech and Panels Limited IPO shares will get listed on October 03, 2023.
The IPO price is usually determined through negotiations between the company and its underwriters. They consider various factors, including the company's financials, industry trends, and demand from investors.
IPOs can be risky as the stock's price may be volatile in the early days of trading. Additionally, there's the risk that the company may not live up to the market's expectations.
If you do not get the allotment of Saakshi Medtech and Panels Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Saakshi saakshi medtech and panels ltd Shares will get listed at NSE SME.
The process involves several steps, including selecting underwriters, filing regulatory paperwork with the SEC, conducting a roadshow to market the IPO to potential investors, and finally, listing the stock on a public exchange.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Minimum and maximum order quantity is 1 lot only.
The face value of Saakshi Medtech and Panels Limited IPO is ₹10 per share.
Opening date of Saakshi Medtech and Panels Limited IPO is September 25, 2023.
The meaning of "Saakshi Medtech and Panels Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Saakshi Medtech and Panels Limited IPO on the current day.
Saakshi Medtech and Panels Limited IPO share price ₹92 to ₹97 per share.
You will receive Saakshi Medtech and Panels Limited IPO shares in your Demat account on October 05, 2023, if allotted.
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