Allotment

Aakaar Medical Technologies Limited launched a book-built IPO to raise ₹27.00 crore through a fresh issue of 0.38 crore shares. The IPO was open for bidding from June 20 to June 24, 2025, with allotment finalized on June 25, 2025. The company’s shares were subsequently listed on the NSE SME platform on June 27, 2025.
The IPO price band was set at ₹72 per share, with a lot size of 1,600 shares per application. Retail investors were required to invest a minimum of ₹1,08,800 for one lot, while High Net Worth Investors (HNI) needed to apply for a minimum of 2 lots (3,200 shares), amounting to ₹2,30,400.
Key Participants
Book Running Lead Manager: Indorient Financial Services Ltd.
Registrar: Bigshare Services Pvt. Ltd.
Market Maker: Alacrity Securities Ltd.
The IPO provided investors with an opportunity to participate in the growth of Aakaar Medical Technologies Limited, a company focused on advancing healthcare solutions through its specialized medical products and technologies.
₹720%
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Updates On
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IPO Market price
| IPO Date | 27 Jun |
| IPO Listing Date | 27 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹72.00 |
| IPO Issue Size | 37,50,400 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 1,04,22,416 shares |
| IPO Open Date | 20 Jun |
| IPO Close Date | 24 Jun |
| IPO Allotment (Tentative) | 25 Jun |
| Refunds | 26 Jun |
| Credit to Demat Account | 26 Jun |
| IPO Listing Date | 27 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 17,79,200 Shares |
| NII (HNI) Shares Offered | 5,34,400 Shares |
| Retail Shares Offered | 12,48,000 Shares |
Investors can bid for a minimum of 1,600 shares, with additional bids in multiples of 1,600 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,15,200 |
| Retail (Max) | 1 | 1,600 | ₹1,15,200 |
| S-HNI (Min) | 2 | 3,200 | ₹2,30,400 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in June 2013, Aakaar Medical Technologies Limited is an aesthetic medical company offering a wide range of specialized cosmetic products and devices. The company caters primarily to dermatologists, plastic surgeons, aesthetic physicians, and cosmetologists, providing solutions for both clinical and homecare applications.
Products & Services
The company’s portfolio includes a mix of proprietary brands—comprising domestically manufactured products and internationally sourced devices—and imported brands from countries such as South Korea, Spain, Italy, and Austria. Its offerings cover:
Homecare & Professional Skincare Products
Injectables & Contouring Solutions
Hair Care & Growth Solutions (Serums and Tablets)
Medifacial Kits and Devices for urinary incontinence
Tattoo Removal, Pigmentation, and Skin Rejuvenation Devices
Laser Hair Reduction & Hair Transplant Devices
Operations & Market Presence
Aakaar Medical Technologies has branches across India and a dedicated team of 90 trained sales and service engineers, serving thousands of customers. The company distributes products to multiple states, including Delhi, Haryana, Punjab, Chandigarh, Uttarakhand, Uttar Pradesh, Bihar, West Bengal, Assam, Gujarat, Madhya Pradesh, Maharashtra, Karnataka, Telangana, and Tamil Nadu.
Competitive Strengths
Experienced management and leadership team
Diversified and loyal customer base
Wide-ranging product portfolio
Pan-India reach through consignment sales partners
| Assets | 51.85 | 34.01 | 23.23 |
| Total Income | 61.76 | 46.27 | 32.88 |
| Profit After Tax | 6.04 | 2.87 | 2.15 |
| EBITDA | 9.74 | 5 | 3.53 |
| NET Worth | 23.2 | 12.53 | 9.66 |
| Reserves and Surplus | 12.78 | 11.84 | 8.96 |
| Total Borrowing | 22.74 | 15.06 | 5.87 |
| ROE | - |
| ROCE | 21.02% |
| Debt/Equity | 0.98 |
| RoNW | 33.81% |
| PAT Margin | 9.81% |
| EBITDA Margin | 15.81% |
| Price to Book Value | 5.23 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 20.35 |
| 3 | To meet out the General Corporate Purposes; | 3.29 |
| 4 | Offer for Sale (OFS) | - |
Aakaar Medical Technologies Ltd. Address
801, Heritage Plaza,
Telli Galli Cross Road
Andheri (East),
Mumbai, Maharashtra, 400069
+91 84528 44024
companysecretary@aakaarmedical.in
https://aakaarmedical.in/
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html