Sahajanand Medical Technologies is a leading medical devices company that researches, designs, develops, manufactures and markets vascular devices globally. The company differentiates their product offering in these categories by providing customers with high quality products at market appropriate prices supported by strong clinical data.
The company has filed for a Rs.1,500 crore IPO with SEBI which comprises of a fresh issue of Rs.410.33 crore and an offer for sale of OFS of Rs.1,089.67 crore.
The company proposes to utilise the net proceeds for –
|IPO Open Date||To be announced|
|IPO Close Date||To be announced|
|Allotment Date||To be announced|
|Initiation Of Refunds||To be announced|
|Credit Of Shares To
|To be announced|
|IPO Listing Date||To be announced|
|UPI Mandate Expiry Date||To be announced|
|Equity Share Capital||8.89||8.89||8.89|
A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App
Below are your top reasons:
|Market leading position in interventional cardiology in India, leveraging on industry growth drivers||Competition and rapid technological changes in the medical devices industry|
|Robust and efficient manufacturing capabilities generating healthy margins||Exchange rate fluctuations.|
|Fast growth in international markets||Inability to enforce our intellectual property rights throughout the world|
Retail investors need to apply for the IPO using UPI
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Sahajanand Medical Technologies Ltd has filed for an Rs. 1,500 crore IPO with SEBI which comprises a fresh issue of Rs. 410.33 crore and an offer for sale of OFS of Rs. 1,089.67 crore.
A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.
IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.
Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.
IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.
Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.
Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.