Aakaar Medical IPO Description – Aakaar Medical Technologies is a specialized medical aesthetics company offering a comprehensive portfolio of aesthetic and cosmetic products and devices. Its product range includes both proprietary brands—featuring domestically manufactured goods and internationally produced devices—and imported brands sourced from leading markets such as Korea, Spain, Italy, and Austria.
The company has carved out a unique position in the medical aesthetics industry by operating exclusively through business-to-business (B2B) channels. Aakaar Medical supplies its products and devices primarily to dermatologists, plastic surgeons, and aesthetic physicians, who in turn either retail these products to end consumers or use them as consumables during aesthetic treatments.
As of 31 March 2025, Aakaar Medical Technologies offers 154 SKUs and sold 5,41,754 units in FY 2024-25. It partners with Parekh Integrated Services (PISPL) for logistics and employs 177 staff across its operations as of 30 May 2025.
Promoters of Aakaar Medical Technologies – Dilip Ramesh Meswani, and Bindi Dilip Meswani
Table of Contents
Aakaar Medical Technologies IPO Details
| Aakaar Medical IPO Dates | 20 – 24 June 2025 |
| Aakaar Medical Issue Price | INR 68 – 72 per share |
| Fresh issue | 37,50,400 shares (INR 25.50 – 27 crore) |
| Offer For Sale | NIL |
| Total IPO size | 37,50,400 shares (INR 25.50 – 27 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,15,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Aakaar Medical Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 32.78 | 46.11 | 61.58 |
| Expenses | 29.78 | 42.39 | 53.68 |
| Net income | 2.15 | 2.87 | 6.04 |
Aakaar Medical Offer News
- Aakaar Medical RHP
- Aakaar Medical Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Aakaar Medical Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 2.36 | 3.14 | 6.13 |
| PE ratio | – | – | 11.09 – 11.75 |
| RONW (%) | 24.35 | 25.88 | 33.81 |
| NAV | 10.61 | 13.76 | 22.26 |
| ROCE (%) | 22.30 | 17.68 | 21.02 |
| EBITDA (%) | 10.76 | 10.84 | 15.81 |
| Debt/Equity | 0.61 | 1.20 | 0.98 |
Aakaar Medical IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Aakaar Medical IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 7,12,000 | 6,04,400 | 12,48,000 | 25,64,400 |
| 24 Jun 2025 | 3.51 | 1.63 | 1.93 | 2.30 |
| 23 Jun 2025 | 0.33 | 0.89 | 0.87 | 0.73 |
| 20 Jun 2025 | 0.33 | 0.52 | 0.30 | 0.36 |
The market maker reservation portion of 1,18,800 shares and anchor investor portion of 10,67,200 shares are not included in the above calculations.
Aakaar Medical IPO Allotment Status
Aakaar Medical IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Aakaar Medical IPO Dates & Listing Performance
| IPO Opening Date | 20 June 2025 |
| IPO Closing Date | 24 June 2025 |
| Finalization of Basis of Allotment | 25 June 2025 |
| Initiation of refunds | 26 June 2025 |
| Transfer of shares to demat accounts | 26 June 2025 |
| IPO Listing Date | 27 June 2025 |
| Opening Price on NSE SME | INR 75 per share (up 4.17%) |
| Closing Price on NSE SME | INR 71.25 per share (down 1.04%) |
Aakaar Medical Offer Lead Manager
INDORIENT FINANCIAL SERVICES LIMITED
B/805, Rustomjee Central Park, Executive Spaces,
Andheri Kurla Road, Chakala, Mumbai – 400093
Phone: +91 9819934811
Email: [email protected]
Website: www.indorient.in
Aakaar Medical Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Aakaar Medical Contact Details
AAKAAR MEDICAL TECHNOLOGIES LIMITED
801, Heritage Plaza, Telli Galli Cross Road,
Andheri (East), Mumbai-400069, Maharashtra
Phone: +91 84528 44024
E-mail: [email protected]
Website: www.aakaarmedical.in
IPO FAQs
What is the Aakaar Medical IPO size?
Aakaar Medical offer size is INR 25.50 – 27 crores.
What is the Aakaar Medical offer price band?
Aakaar Medical public offer price is INR 68 – 72 per share.
What is the lot size of the Aakaar Medical IPO?
Aakaar Medical offer lot size is 1,600 shares.
What is Aakaar Medical IPO GMP today?
Aakaar Medical IPO GMP today is INR NA per share.
What is the Aakaar Medical kostak rate today?
Aakaar Medical kostak rate today is INR NA per application.
What is Aakaar Medical IPO Subject to Sauda rate today?
Aakaar Medical Subject to Sauda rate today is INR NA per application.