| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹45.16 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹45.16 Cr |
| Fresh Issue | ₹42.88 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน92.00-97.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SAAKSHI |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2001, Saakshi Medtech and Panels Private Limited is engaged in the designing, programing, and assembling of Electrical Control Panels and Cabinets comprising microcontrollers, programmable logic controllers, and SCADA systems.
The company manufactures:
Saakshi Medtech and Panels' has three manufacturing units in Pune, Maharashtra, with a total built-up area of approx. 9600 sq mtr.
The company has been awarded the Best Delivery Performance Award for 2010 - from Atlas Copco Ltd, Pune, Best EHS Award for 2013 from Atlas Copco Ltd, Pune, Awarded by Healthcare Innovation Centre (HIC) as the NPI Development Partner Award from Philips in 2015, Recognized as Productivity Partner in MMF Strategic Business Partnership Conclave 2021 by the GE Group, and Recognition certification of Zero Defect Zero Effect from MSME India.
The company recorded Rs. 8,723.00 Lacs in revenue from operations for the period ended December 31, 2022, Rs. 9,157.78 Lacs in fiscal 2022, and Rs. 5,977.39 in fiscal 2021.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment in full or in part, of certain of our outstanding borrowings | 5.00 |
| 2 | Funding to meet working capital requirements | 25.50 |
| 3 | General Corporate Purpose | 10.18 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 93.24 | 65.22 | 55.92 |
| Total Income | 122.20 | 91.69 | 60.22 |
| Profit After Tax | 12.38 | 9.38 | 2.20 |
| NET Worth | 42.24 | 29.86 | 20.48 |
| Reserves and Surplus | 39.64 | 27.26 | 17.88 |
| Total Borrowing | 20.07 | 16.36 | 21.99 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 34.35% |
| ROCE | 28.57% |
| Debt / Equity | 0.48% |
| RoNW | 29.32% |
| PAT Margin | 10.15% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 9.53 | |
| P/E (x) | 10.18 | 13.84 |
| Promoter Holding | 100.00% | 73.63% |
| Market Cap | โน171.26 Cr. | |