Aakaar Medical Technologies Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 20-06-2025 | 24-06-2025 | ₹10 per share | 0 | 1600 Shares | NSE SME | 37,50,400 shares (aggregating up to ₹27.00 Cr) | 2025-06-25 00:00:00 | 2025-06-26 00:00:00 | 2025-06-26 00:00:00 | 27-06-2025 |
About The Company
Aakaar Medical Technologies IPO is a bookbuilding of ₹27.00 crores. The issue is entirely a fresh issue of 37.50 lakh shares.
Aakaar Medical Technologies IPO opens for subscription on June 20, 2025 and closes on June 24, 2025. The allotment for the Aakaar Medical Technologies IPO is expected to be finalized on Wednesday, June 25, 2025. Aakaar Medical Technologies IPO will be list on NSE SME with a tentative listing date fixed as Friday, June 27, 2025.
Aakaar Medical Technologies IPO price band is set at ₹68 to ₹72 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,08,800. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,15,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,30,400.
Indorient Financial Services Ltd is the book-running lead manager of the Aakaar Medical Technologies IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Aakaar Medical Technologies IPO is Alacrity Securities Ltd..
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 23 | 23 | 2 | 9.66 | 8.96 | 5.87 |
| 31-03-2024 | 34 | 46 | 3 | 12.53 | 11.84 | 15.06 |
| 31-03-2025 | 15 | 62 | 6 | 23.2 | 12.78 | 22.74 |
| 01-01-1970 | 0 | 0 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 115200 |
| Retail (Max) | 1 | 1600 | 115200 |
| HNI (Min) | 2 | 3200 | 230400 |
IPO Listing Details
| Listing Date | 27-06-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Dilip Ramesh Meswani and Bindi Dilip Meswani are the Promoters of the company.
Contact Information of the Company
Aakaar Medical Technologies Limited
801, Heritage Plaza,
Telli Galli Cross Road
Andheri (East),
Mumbai, Maharashtra, 400069
Phone: +91 84528 44024
Email: companysecretary@aakaarmedical.in
Website: https://aakaarmedical.in/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Manager
Indorient Financial Services Ltd (Past IPO Performance)