• BSE
  • NSE
Partner with US Open an Demat Account EIPO Portfolio Tracker Watsapp Play Store App Store

News Details

17/06/2025 15:50

Aakaar Medical Tech announces launch of initial public offering

Aakaar Medical Technologies Ltd. has announced public offering of 3752000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 2,772.64 lakhs.

The company's initial public offer (IPO) will open on 20 June 2025 and is expected to close on 24 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 68.00-72.00 per share.

The IPO includes a fresh Issue of 3752000 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Aakaar Medical Technologies Ltd. anticipates using the proceeds of the issue for .

Indorient Financial Services Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.