Aakaar Medical Technologies Ltd
Price Range
₹68 - ₹72
-
Min. Quantity
1,600
Closes on
24 June 2025
-
Min. investment
₹1,15,200/1,600 Shares
Aakaar Medical Technologies Ltd IPO Timeline
Aakaar Medical Technologies Limited was originally incorporated as Aakaar Medical Technologies Private Limited', a private limited company dated June 20, 2013 issued by the Registrar of Companies, Mumbai. Subsequently, Company status was converted into a public limited company and a fresh certificate of incorporation dated November 18, 2024 was issued by the Registrar of Companies, Mumbai, recording the change in the name of Company to Aakaar Medical Technologies Limited'.
| Event | Date |
|---|---|
| Aakaar Medical Technologies Ltd IPO Opening Date | 20 June 2025 |
| Aakaar Medical Technologies Ltd IPO Closing Date | 24 June 2025 |
| Basis of Allotment | 25 June 2025 |
| Initiation of Refunds | 26 June 2025 |
| Credit of Shares to Demat | 26 June 2025 |
| Aakaar Medical Technologies Ltd IPO Listing Date | 27 June 2025 |
Aakaar Medical Technologies Ltd IPO Details
| Aakaar Medical Technologies Ltd IPO Date | 20 June 2025 to 24 June 2025 |
| Aakaar Medical Technologies Ltd IPO Face Value | ₹10 per share |
| Aakaar Medical Technologies Ltd IPO Price | ₹68 to ₹72 per share |
| Aakaar Medical Technologies Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹27 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹27 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 7,12,000 of the Net Offer |
| Retail Shares Offered | Not less than 12,48,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 5,34,400 of the Net Offer |
| Company Promoters | Dilip Ramesh Meswani, Bindi Dilip Meswani, Abhash Dilip Meswani |
Aakaar Medical Technologies Ltd IPO Lot Size
The Aakaar Medical Technologies Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,15,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,15,200 |
| Maximum | 1 | 1,600 | ₹1,15,200 |
- Strengths
- Risks
- Opportunities
- Experienced management and leadership teams.
- Diversified customer base.
- Diversified product base.
- Pan India reach through its consignment sales partner.
Company Financials
Aakaar Medical Technologies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 54.1 | 61.76 | 6.04 |
| 03-2024 | 34.01 | 46.27 | 2.87 |
| 03-2023 | 23.23 | 32.88 | 2.15 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- General corporate purposes
Aakaar Medical Technologies Ltd IPO Promoter Holding
| Pre Issue Share Holding | 65.48% |
| Post Issue Share Holding | 48.16% |
Aakaar Medical Technologies Ltd IPO Subscription Status (Bidding Detail)
The Aakaar Medical Technologies Ltd IPO is subscribed 2.195 times on 24 June 2025 05:00:00 PM. The public issue subscribed 1.9321 times in the retail category, 3.5056 times in the QIB category, and 1.8383 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 3.5056 | 1.8383 | 1.9321 | - | 2.195 |
Aakaar Medical Technologies Ltd IPO Prospectus
Aakaar Medical Technologies Ltd IPO Listing Date
| BSE Script | 94576 |
| NSE Symbol | AAKAAR |
| Listing In | NSE - SME |
| ISIN | INE1GYP01013 |
| IPO Price | ₹72 |
| Face Value | ₹10 |
Company Contact Information
No.801 Heritage PlazaTelli Galli Cross Rd Andher E,Mumbai-400069
Phone: +91 84528 44024
Email: companysecretary@aakaarmedical.in
Website: www.aakaarmedical.in
Aakaar Medical Technologies Ltd IPO Registrar
Aakaar Medical Technologies Ltd IPO Lead Manager(s)
- Indorient Financial Services Ltd
FAQ
What is the issue size of Aakaar Medical Technologies Ltd IPO?
I have pre-applied for Aakaar Medical Technologies Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.