Aakaar Medical Technologies IPO: Size Size Medical Technologies Limited’s Initial Public Offer (IPO) opened for subscription on 20 June, but the first day of investors’ response was very disappointing. According to the data, only 37 percent of the issue could be subscribed on the first day.
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- Retail Investors: Only 31 percent subscription
- Non-institutional investor (NII): Up to 59 percent
- Eligible institutional buyers (QIB): Only 33 percent
This faded performance of IPO has increased the concern among market experts and small investors, especially when the gray market premium (GMP) is also running at zero.
No movement in gray market, GMP ₹ 0 (Aakaar Medical Technologies IPO)
There is no movement in the gray market regarding IPO. There is neither a premium going on nor there is any discussion of purchase and sale in the non-listed market. Analysts believe that Zero GMP is weakening the interest of investors.
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IPO Details: A new issue of 25.64 crores (Aakaar Medical Technologies IPO)
Size is in the issue book building mode of medical technologies and it is a completely new issue, in which a total of 35.62 lakh shares are being offered.
- Price Band: ₹ 68 – ₹ 72 per share
- Lot Size (Retail): 1600 shares
- Minimum Investment: ₹ 1,08,800 (₹ 1,15,200 at cutoff price)
- HNI investment: Minimum two lots, ie ₹ 2,30,400
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Company Profile: Player in Esthetic Medical Segment (Aakaar Medical Technologies IPO)
Size Medical Technologies Limited is a Mumbai -based beauty and cosmetic technology company that makes special equipment and products for dermatologists, plastic surgeons and cosmetologists.
- Revenue of FY 24: ₹ 46.27 Crore
- Revenue of FY 25: ₹ 61.76 Crore
The company’s promoters are Dilip Ramesh Meswani and Bindi Dilip Meswani.
Use of funds collected from IPO (Aakaar Medical Technologies IPO)
Size will use funds collected from medical technologies IPO for two major purposes:
- Working capital needs – ₹ 20.35 crore
- General corporate objective – balance
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Important dates (Aakaar Medical Technologies IPO)
- IPO opening date: 20 June 2025
- IPO closure date: 24 June 2025
- Possible date of share allocation: 25 June
- Demat Credit: 26 June
- Possibility of listing: 27 June (NSE SME)
Signs for investors, be cautious (Aakaar Medical Technologies IPO)
Given the weak GMP, expensive evaluation and limited response on the first day, experts are advising investors to bid at the cutoff price, but are also recommending to take precautions.
This IPO of size medical technologies will be listed on the SME platform, where volatility and risk are high. In such a situation, clarity about the company’s growth strategy, order book and scalability is necessary before investing.
