Aakaar Medical Technologies Limited, has launched its initial public offering (IPO) on Jun 20, 2025, aiming to raise Rs 27.00 crore through fresh issue of 37.50 lakh equity shares. Aakaar Medical Technologies IPO is set to close on Jun 24, 2025, with the shares expected to be listed on the NSE SME platform on Jun 27, 2025.
Aakaar Medical Technologies Limited Company Overview
Aakaar Medical Technologies Ltd is a Mumbai-based company specializing in advanced medical aesthetics and cosmetic dermatology, offering a wide portfolio of skincare, haircare products, injectable solutions, and medical-grade devices for dermatologists, plastic surgeons, and aesthetic physicians. Founded in 2013, the company distributes both its own and imported brands from countries like South Korea, Spain, Italy, and Austria, and operates exclusively through B2B channels. Its product range includes hair growth serums, anti-hair loss solutions, medifacial kits, devices for tattoo removal, skin rejuvenation, laser hair reduction, hair transplant, and urinary incontinence. Aakaar Medical Technologies has built a robust nationwide distribution network, supported by a team of over 90 trained sales and service engineers, and is known for its training-driven engagement with medical professionals.
Aakaar Medical Technologies IPO Details
Aakaar Medical Technologies Limited IPO is a bookbuilding IPO of Rs 27.00 crores. The issue is a complete fresh issue of Rs 27.00 crores. Indorient Financial Services Ltd is the book running lead manger of the Aakaar Medical Technologies IPO, Bigshare Services Pvt Ltd is the Registrar for the issue. Market maker for Aakaar Medical Technologies Limited IPO is Alacrity Securities Ltd.
| Issue Type | Bookbuilding IPO |
| Face Value | Rs 10 per share |
| Issue Price | Rs 68 – Rs 72 per share |
| Lot Size | 1600 shares per lot |
| Issue Size | Rs 27.00 crore |
| Fresh Issue | Rs 27.00 crore |
| Offer for Sale (OFS) | Rs 0 crore |
| Listing at | NSE SME |
| Market Capitalization | Rs 102.04 cr |
| Book Running Lead Managers | Indorient Financial Services Ltd |
| Registrar | Bigshare Services Pvt Ltd |
| Market Maker | Alacrity Securities Ltd. |
Aakaar Medical Technologies IPO Timeline
Aakaar Medical Technologies IPO opened on 20th Jun 2025 and Closes on 24th Jun 2025. Find Aakaar Medical Technologies Limited IPO tentative dates below.
| IPO Open Date | 20-Jun-2025 (Friday) |
| IPO Close Date | 24-Jun-2025 (Tuesday) |
| Allotment | 25-Jun-2025 (Wednesday) |
| Initiation of Refunds | 26-Jun-2025 (Thursday) |
| Demat Credit of Shares | 26-Jun-2025 (Thursday) |
| Listing Date | 27-Jun-2025 (Friday) |
| Cut off time for UPI mandate confirmation | 24-Jun-2025 at 5PM |
Aakaar Medical Technologies IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table shows the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 1600 | Rs 1,15,200 |
| Retail (Maximum) | 1 | 1600 | Rs 1,15,200 |
| HNI (Minimum) | 2 | 3200 | Rs 2,30,400 |
Aakaar Medical Technologies IPO Objectives
The proceeds from the Aakaar Medical Technologies Limited IPO will be utilised for following purposes:
| Purpose | Amount (in Rs) | Percentage |
|---|---|---|
| Working capital requirements | 20.35 Crore | 75.37% |
| General corporate purpose |
Aakaar Medical Technologies IPO Financial Performance
Find Aakaar Medical Technologies Limited IPO last 3 years financial details below.
| Financials | 31-Mar-25 (Crores) | 31-Mar-24 (Crores) | 31-Mar-23 (Crores) |
|---|---|---|---|
| REVENUE | 61.76 | 46.27 | 32.88 |
| ASSETS | 51.85 | 34.01 | 23.23 |
| NET WORTH | 23.20 | 12.53 | 9.66 |
| TOTAL DEBT | 22.74 | 15.06 | 5.87 |
| PAT | 6.04 | 2.87 | 2.15 |
Aakaar Medical Technologies IPO Strengths and Risks
Strengths:
- Experienced Management & Leadership Team
- Diversified Customer Base
- Diversified Product Base
- Pan India reach through our Consignment Sales partner.
Risks:
- Heavy reliance on imported third-party manufactured brands
- Exposure to raw material and transportation cost volatility
- Geographic concentration in Maharashtra and Karnataka states
- Dependency on third-party agent for storage and distribution
- Operational risk from CSA agreement non-performance
Aakaar Medical Technologies IPO Grey Market Premium (GMP)
The current grey market premium (GMP) for Aakaar Medical Technologies’ SME IPO is Rs 0 (nil), indicating no additional premium above the Rs 68–72 issue price. Investors expect the listing to open at par with the offer price .
Aakaar Medical Technologies IPO Review: Avoid
Disclaimer: This blog’s content is intended solely for informational and educational purpose only. Before making any investment decisions, it is recommended that investors consult with a certified financial advisor.