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Aakaar Medical Technologies Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Aakaar Medical Technologies Ltd IPO

Registered Office: No.801 Heritage Plaza,Telli Galli Cross Rd Andher E , Mumbai - 400069 , Maharashtra , India.
Phone : +91 84528 44024   Fax:
Email :  companysecretary@aakaarmedical.in  
Website :  www.aakaarmedical.in
Initial public offer of up to 37,50,400 equity shares of face value (Rs)10/- each (the "Equity Shares") of Aakaar Medical Technologies Limited' ("the Company" or the "issuer") for cash at a price of (Rs)72 per equity share (including securities premium of (Rs)62 per equity share) ("Issue Price"), aggregating up to (Rs)27 crores (the "Issue") of which 1,88,800 equity shares aggregating to (Rs)1.36 crores (Constituting up to 1.33 % of the post-issue paid-up equity share capital of the Company) will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.46% and 25.13 % respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Jun-25 24-Jun-25 (Rs)72.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 23.64
Indorient Financial Services Ltd
Project Financed through Current Offer 27.00  
Post Issue Equity Share Capital 14.17  
Issue Price (Rs)72.00  
 
Projects
Funding working capital requirements of the companyGeneral corporate purposes
Promoted By
Dilip Ramesh Meswani  
Bindi Dilip Meswani  
Abhash Dilip Meswani  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd