The IPO, with a face worth of Re 1, is completely an offer-for-sale (OFS) as much as 27,644,231 fairness shares by promoters, and investor promoting shareholders. The provide additionally features a subscription reservation with a reduction to eligible staff within the worker reservation portion.
Samara Capital Markets Holding Restricted, Kotak Pre-IPO Alternatives Fund, Plutus Wealth Administration LLP, and Ashish Kacholia are the foremost shareholders within the firm.
Within the OFS, Shree Hari Belief will offload as much as 2,700,000 fairness shares by Dhirajkumar Savjibhai Vasoya, as much as 12,958,126 fairness shares by Samara Capital Markets Holding Restricted, as much as 2,615,750 fairness shares by Kotak Pre-IPO Alternatives Fund, and as much as 6,670,355 fairness shares by NHPEA Sparkle Holding B.V.
The Supply is being made via the book-building course of, whereby no more than 50% of the provide is allotted to certified institutional patrons, and never lower than 15% and 35% of the provide is assigned to non-institutional and retail particular person bidders respectively.
Sahajanand Medical Applied sciences
Sahajanand Medical Applied sciences is a Class III and Class C/D medical gadgets firm with a portfolio of technologically superior medical gadgets throughout vascular and structural coronary heart intervention. Sahajanand Medical Applied sciences was based by Dhirajlal Kotadia within the yr 2001 and over time, it has launched a number of revolutionary merchandise, pushed by its give attention to analysis and improvement and precision manufacturing capabilities enabling it to ship high quality merchandise backed by scientific information, with a presence throughout 76 nations, as of March 31, 2025.Its portfolio consists of VI merchandise together with coronary intervention merchandise corresponding to coronary stents and coronary balloons, SH merchandise consists of Trans-Catheter Aortic Valves and Occluders, and different merchandise together with its personal model of renal stents, peripheral drug coated balloons and different buying and selling merchandise.
In keeping with the F&S Report, it’s a main market share within the drug eluting stent (DES) market in India, with a market share of almost 25.00% in CY 2025 of the overall DES gross sales quantity in India.
SMT monetary
SMT Restricted’s income from operations elevated by 13.67% to Rs 1,024.88 crore in Fiscal 2025 from Rs 901.60 crore in Fiscal 2024 primarily resulting from a rise within the sale of gadgets pushed by greater gross sales in Europe and the remainder of the world, primarily led by the structural coronary heart vertical. Revenue for the yr stood at Rs 25.15 crore in Fiscal 2025 in comparison with a loss after tax of Rs 7.35 crore in Fiscal 2024.
Lead managers
Motilal Oswal Funding Advisors Restricted, Avendus Capital Non-public Restricted, HSBC Securities and Capital Markets (India) Non-public Restricted and Nuvama Wealth Administration Restricted are the book-running lead managers and MUFG Intime India Non-public Restricted is the registrar of the problem.
The fairness shares are proposed to be listed on the Nationwide Inventory Alternate of India Restricted and BSE Restricted.
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