Sahajanand Medical Technologies Limited IPO
SMT · Hospitals / Healthcare · Bidding closed
Updated as on 19-Oct-2026 19:00:00 · Source: NSE (official issue & subscription data) · Issue: Initial Public Offer comprising of Offer for sale upto 13,822,116 Equity Shares (Including Eligible Employees Reservation Portion of up to 2,50,000 Equity Shares and Anchor Allocation of 40,71,634 Equity Shares)
Traddx read: Strong demand
- Demand is broad and institution-led.
- Strong institutional demand — QIB subscribed 34.7× (big investors are backing it).
- Retail is piling in (3.0×) — popular, but retail froth can fade after listing.
- Overall subscription 14.2×.
- This summarises subscription demand only — it is information, not a recommendation to apply or avoid. Not investment advice.
Sahajanand Medical Technologies Limited is a closed issue (bidding has ended) in the Hospitals / Healthcare space, with a price band of Rs.327 to Rs.344 and an issue size of ₹476 Cr. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 34.70× |
| Non-institutional (NII) | 14.64× |
| Retail | 3.03× |
| Employees | 0.37× |
| Total | 14.20× |
How the sector is valued (listed Hospitals / Healthcare peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| APOLLOHOSP | ₹7703.0 | 70.5 | — | 14.5% |
| NH | ₹1742.15 | 64.31 | — | 12.57% |
| MEDANTA | ₹1237.65 | 69.1 | — | 12.73% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.