Aakaar Medical Technologies IPO
GMP, Subscription, Price, Dates & Financial Details
Aakaar Medical Technologies Limited, incorporated in June 2013 under the leadership of Mr. Dilip Meswani, is a specialized medical aesthetics company. Mr. Meswani has over 25 years of experience in the aesthetics industry, having transitioned from a proprietary business in 1999 to founding…
Open Date
Fri, 20 Jun 2025
Close Date
Tue, 24 Jun 2025
Price Band
₹ 68 – 72
Lot Size
1600
Issue Size
₹ 27.00 Cr
Minimum Investment
₹ 230,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Aakaar Medical Technologies IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹27.00 Crore, comprising a fresh issue of 37.50 Lakh equity shares aggregating to ₹27.00 Crore.
The Aakaar Medical Technologies IPO remained open for subscription from June 20, 2025, to June 24, 2025. The basis of allotment was finalized on June 25, 2025, and the company's shares were listed on NSE SME Platform on June 27, 2025.
The company had fixed the price band at ₹68 to ₹72 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹230,400 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Indorient Financial Services Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Aakaar Medical Technologies Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Aakaar Medical Technologies IPO Timeline (Tentative)
- IPO Open Date
- Fri, 20 Jun 25
- IPO Close Date
- Tue, 24 Jun 25
- Basis of Allotment
- Wed, 25 Jun 25
- Initiation of Refunds
- Thu, 26 Jun 25
- Credit of Shares to Demat
- Thu, 26 Jun 25
- Listing Date
- Fri, 27 Jun 25 — NSE & BSE
Open Date
20 June 2025
Close Date
24 June 2025
Basis Of Allotment
25 June 2025
Listing Date
27 June 2025
IPO Subscription
Check Live Subscription →The Aakaar Medical Technologies IPO has received bids for 58,89,600 shares against 24,96,000 shares offered, resulting in an overall subscription of 2.36x. the NII category is subscribed 1.83x, Retail Investors 1.93x, and QIBs 3.51x.
QIB
3.51x
NII
1.83x
RII
1.93x
Total
2.36x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 12,48,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 7,12,000 shares (28.53%), while Non-Institutional Investors (NIIs) receive 5,36,000 shares (21.47%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 712,000 | 28.53% |
| Non-Institutional | 536,000 | 21.47% |
| Retail Investors | 1,248,000 | 50% |
| Total | 2,496,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 51.85 | 34.01 | 23.23 |
| Revenue | 61.76 | 46.27 | 32.88 |
| Profit After Tax | 6.04 | 2.87 | 2.15 |
| Net Worth | 23.2 | 12.53 | 9.66 |
| Reserve & Surplus | 12.78 | 11.84 | 8.96 |
| Total Borrowings | 22.74 | 15.06 | 5.87 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Aakaar Medical Technologies Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROCE % | 21.02 |
| Debt / Equity | 0.98 |
| RoNW % | 33.81 |
| Pat Margin % | 9.81 |
Peers Comparison
No Peer Comparision Available
About Aakaar Medical Technologies Limited
Aakaar Medical Technologies Limited, incorporated in June 2013 under the leadership of Mr. Dilip Meswani, is a specialized medical aesthetics company. Mr. Meswani has over 25 years of experience in the aesthetics industry, having transitioned from a proprietary business in 1999 to founding Aakaar.
Core Business:
The company focuses exclusively on the business-to-business (B2B) model, supplying a broad range of aesthetic and cosmetic products and devices primarily to:
- Dermatologists
- Plastic Surgeons
- Aesthetic Physicians
- Cosmetologists
Product Portfolio:
Aakaar’s product range includes both:
- Own Brands: Domestically manufactured or internationally sourced devices sold under Aakaar branding.
- Imported Brands: Distributed in India under agreements with international manufacturers from South Korea, Spain, Italy, and Austria.
Key product categories include:
- Skincare (Homecare and Professional)
- Injectables and Contouring Products
- Hair Care (Serums, Tablets, Anti-Hair Loss Solutions)
- Medifacial Kits
- Devices for:
- Laser Hair Removal
- Pigmentation and Skin Rejuvenation
- Urinary Incontinence
- Hair Transplants
- Tattoo Removal
Aakaar Medical Technologies IPO Promoters
- Dilip Ramesh Meswani
- Bindi Dilip Meswani
Promoters Holding
Holding Pre Issue
91.11%
Holding Post Issue
0.00%
Aakaar Medical Technologies IPO Objective
The Company Aakaar Medical Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding working capital requirements of the Company
- General corporate purposes
Aakaar Medical Technologies Limited Address / Contact Details
Aakaar Medical Technologies Limited
801, Heritage Plaza,
Telli Galli Cross Road
Andheri (East),
Mumbai, Maharashtra, 400069
Phone: +91 84528 44024
Email: companysecretary@aakaarmedical.in
IPO Snapshot
Aakaar Medical Technologies IPO Lot Size
The Aakaar Medical Technologies IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹1,15,200 by applying for 1 lot (1,600 shares). The maximum application allowed for the retail category is 1 lots (1,600 shares), requiring an investment of ₹1,15,200.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 115,200.00 |
| Retail (Max) | 1 | 1,600 | 115,200.00 |
| S-HNI (Min) | 2 | 3,200 | 230,400.00 |
Issue Reservation
- QIB — 28.53%
- NII — 21.47%
- RII — 50%
Book Running Lead Managers
- Indorient Financial Services Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Aakaar Medical Technologies IPO?
Aakaar Medical Technologies IPO is a Book-building IPO with a total issue size of ₹27 crore. The Aakaar Medical Technologies IPO price band is ₹68 to 72 per share. The Aakaar Medical Technologies IPO subscription opens on Fri, Jun 20, 2025, and closes on Tue, Jun 24, 2025. The Aakaar Medical Technologies IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Aakaar Medical Technologies IPO.
When will the Aakaar Medical Technologies IPO open for subscription?
The Aakaar Medical Technologies IPO opens on Fri, Jun 20, 2025 and closes on Tue, Jun 24, 2025
What is Aakaar Medical Technologies IPO Price Band?
Aakaar Medical Technologies IPO Price Band is ₹68 to 72 per share.
What is Aakaar Medical Technologies IPO Lot Size?
Aakaar Medical Technologies IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
What is the minimum investment for Aakaar Medical Technologies IPO?
The minimum investment for Aakaar Medical Technologies IPO is ₹230400, based on one lot of 1600 shares at the upper price band of ₹72 per share.
How to apply for Aakaar Medical Technologies IPO?
Investors can apply for the Aakaar Medical Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jun 24, 2025. The application amount remains blocked until the Aakaar Medical Technologies IPO allotment is finalized.
What is Aakaar Medical Technologies IPO Issue Size?
Aakaar Medical Technologies IPO issue size is ₹27 crores.
What is the Aakaar Medical Technologies IPO Allotment Date?
Aakaar Medical Technologies IPO allotment date is Wed, Jun 25, 2025.
Who is the Aakaar Medical Technologies IPO Registrar?
The registrar for Aakaar Medical Technologies IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Aakaar Medical Technologies IPO allotment status, refund processing, and other IPO-related information.
Who is the Aakaar Medical Technologies IPO Lead Manager?
The book-running lead managers (BRLMs) for the Aakaar Medical Technologies IPO are Indorient Financial Services Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Aakaar Medical Technologies IPO Red Herring Prospectus (RHP).