Aakaar Medical Technologies Ltd., a developer and manufacturer of urology-related medical devices, opened its initial public offering (IPO) for subscription on June 27, 2025.

The IPO has seen moderate but steady demand on Day 1, with significant attention from retail and small HNI investors, while QIBs typically enter later in SME IPOs.

Day 1 Subscription Status (As of 5:00 PM)

The IPO will remain open for bidding till July 1, 2025, and activity is expected to rise significantly on Day 3.

GMP Watch: Premium Indicates Positive Sentiment

As per market observers:

• The Grey Market Premium (GMP) is currently in the range of ₹12–₹14 per share

• With an upper issue price of ₹140, this suggests an expected listing price of ₹152–₹154

• That’s a 10–12% potential upside, subject to final subscription momentum

Aakaar Medical Technologies IPO: Key Details

Company Overview: Aakaar Medical Technologies Ltd.

Aakaar Medical is a specialized healthcare technology company, focusing on:

• Urology stents and catheters

• Disposable surgical instruments

• Customized diagnostic kits

The company supplies to hospitals, diagnostic chains, and medical distributors both in India and select international markets.

IPO proceeds will be utilized for:

• Manufacturing capacity expansion

• Product development & certifications

• Working capital and corporate needs

Should You Apply for Aakaar Medical IPO?

Positives:

• Presence in fast-growing med-tech sector

• Attractive GMP and early retail demand

• Strong product innovation pipeline

Concerns:

• SME IPO listing volatility

• Still early days of subscription

• Limited historical financial data for long-term analysis

Analyst Verdict:
Promising for short-term listing gains, especially if QIB/HNI traction increases. Long-term investors should assess growth visibility and scalability in niche medical devices.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult with certified financial advisors and read all documents carefully before making investment decisions. Market conditions are subject to change.

The Upcoming IPOs in this week and coming weeks are Crizac, Silky Overseas, Vandan Foods, Pushpa Jewellers, Cedaar Textile, Adcounty Media India, Marc Loire Fashions, Neetu Yoshi.

The Current active IPO are Moving Media Entertainment, Valencia India, PRO FX Tech, Ace Alpha Tech, Indogulf Cropsciences, Suntech Infra Solutions, Rama Telecom, Supertech EV, Sambhav Steel Tubes, HDB Financials, Abram Food, Shri Hare-Krishna Sponge Iron, Icon Facilitators, Globe Civil Projects, Ellenbarrie Indutrial Gases, Kalpataru, AJC Jewel.

The Closed IPOs are Aakaar Medical Technologies, Safe Enterprises Retail Fixtures, Mayasheel Ventures.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.