Saakshi Medtech and Panels IPO Subscription Status – IPO Closed

Saakshi Medtech and Panels IPO subscription status started on Monday, September 25, 2023 and will close on September 27, 2023. Saakshi Medtech and Panels IPO to raise around ₹45.16 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹92 to ₹97 per equity share.

Saakshi Medtech and Panels IPO

Table of Contents

The Saakshi Medtech and Panels IPO minimum market lot is 1200 with ₹116,400 application amount. The IPO is a NSE SME IPO, and it will list on NSE.

Saakshi Medtech and Panels is a diversified company engaged in manufacturing: i) Electrical Control Panels and Cabinets used in elevators, air compressors, the renewal energy industry, the oil & gas exploration industry, electrical vehicle charging stations, etc., ii) Medical X-Ray Systems used in healthcare industry iii) Fabrication works for locomotives and (iv) wire harness division for their captive consumption in electrical control panels and supply to air compressor industry. Their in-house engineering and design capabilities help them offer diversified products and solutions to their customers in each of the product categories in which they operate. Their comprehensive solutions include design, process engineering, and manufacturing including fabrication, assembly, and testing facilities. The hardware components are imported or sourced from local suppliers which are then programmed and assembled at the manufacturing facilities.


IPOWatch View

We recommend investors may apply an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Saakshi Medtech and Panels IPO Subscription Status – Day 3

CategorySubscription Numbers
QIB37.35
NII200.78
RII75.88
Total91.64


Saakshi Medtech and Panels IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Saakshi Medtech and Panels IPO Review

  • May Apply

Saakshi Medtech and Panels IPO Form

How to apply for the Saakshi Medtech and Panels IPO? You can apply for Saakshi Medtech and Panels IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Saakshi Medtech and Panels IPO in the Invest section. The other option is you can apply for Saakshi Medtech and Panels IPO via IPO forms downloaded via NSE. Check out the Saakshi Medtech and Panels forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Saakshi Medtech and Panels IPO Subscription Status FAQs:


When Saakshi Medtech and Panels IPO Subscription will start?

The IPO subscription starts on September 25, 2023 for NII, QIB and Retail Investors.

How to subscribe Saakshi Medtech and Panels IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Saakshi Medtech and Panels IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Saakshi Medtech and Panels IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Saakshi Medtech and Panels”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Saakshi Medtech and Panels IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Saakshi Medtech and Panels”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Saakshi Medtech and Panels IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Saakshi Medtech and Panels” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Saakshi Medtech and Panels IPO Allotment Date?

Saakshi Medtech and Panels IPO allotment date is October 3, 2023.

What is the Saakshi Medtech and Panels IPO Listing Date?

Saakshi Medtech and Panels IPO listing date is October 6, 2023. The IPO is to list on NSE.

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