Skanray IPO description – Skanray Technologies is engaged in designing, development, manufacturing and marketing of medical devices. Its diversified portfolio of products, including patient monitoring systems, cardiology devices, respiratory management systems and radiology/ imaging systems, to hospitals, OEMs and for personal medical use/ retail sale globally. In FY2020, it sold products and services to over 1,830 customers in 20 countries. As of 31 December 2020, Skanray had been granted 27 patents, 49 trademarks, and 11 design registrations. Its R&D activities are focused on developing modular technology platforms which can be used across multiple products in its portfolio.
Skanray’s product-driven acquisitions include the takeover of the medical equipment business of Larsen and Toubro Limited to grow PMS and ESU product portfolio. Similarly, it acquired Pricol Engineering Industries Limited’s medtech business in 2013 to gain access to RMS product portfolio. It also acquired CEI-Italy (Compagnia Elettronica Italiana), an Italian X-ray tube manufacturer, to gain a presence in the European market and to vertically integrate its radiology product line for which X-ray tubes are a critical component. The acquisition of Cardia International A/S, manufacturer of AED, was similarly driven to gain access to a distribution network in Europe.
Skanray’s products can be classified into three broad categories, critical care products, radiology products and respiratory management systems.
- Critical care products – include patient monitoring systems, cardiology devices, syringe-pumps, and electro-surgical units.
- Radiology products – include mobile and fixed X-ray systems, DR systems, surgical C-arms, and dental x-ray systems.
- Respiratory management systems – anaesthesia delivery systems and ICU ventilator systems.
Promoters of Skanray Technologies – Vishwaprasad Alva, Agnus Capital Llp, Chayadeep Properties Private Limited, and Skanray Healthcare Partners LLP
Skanray Technologies IPO details
| Subscription Dates | Coming soon |
| Price Band | Coming soon |
| Fresh issue | INR400 crore |
| Offer For Sale | 14,106,347 shares |
| Total IPO Size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Skanray Technologies’ Financial Performance (in INR crore)
| Â | FY2018 | FY2019 | FY2020 | 9M FY2021 |
| Revenue | 142.0 | 166.9 | 153.1 | 350.5 |
| Expenses | 158.1 | 196.3 | 182.0 | 175.5 |
| Net income | (22.2) | (29.8) | 3.9 | 132.1 |
| Margin (%) | (15.6) | (17.9) | 2.5 | 37.7 |
More about Skanray Technologies IPO
Skanray Technologies Valuation (as of FY2020)
Earnings Per Share (EPS): INR1.34
Price/Earnings (PE ratio): Coming soon
Return on Net Worth (RONW): 12.29%
Net Asset Value (NAV): INR13.60 per share
Skanray IPO GMP Daily Trend
| Date | Skanray IPO GMP | Kostak | Subject to Sauda |
Skanray Technologies IPO Subscription Details (no. of times)
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | ||||
| NII | ||||
| Retail | ||||
| Employees | ||||
| Total |
Skanray Technologies IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
Canara Bank Securities –
Choice Broking –
Elite Wealth –
GEPL Capital –
Hem Securities –
ICICIdirect –
IDBI Capital –
KR Choksey –
Marwadi Financial Services –
Motilal Oswal –
Nirmal Bang –
Religare Broking –
Samco Securities –
SMC Global –
Ventura Securities –
Skanray IPO Registrar
Link Intime India Private LimitedÂ
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email:Â [email protected]
Website:Â http://www.linkintime.co.in
Skanray Technologies Contact Details
Skanray Technologies Limited
Plot No 15-17 Hebbal Industrial Area, Mysore – 570 016, Karnataka
Phone:Â +91 821 241 5559
Email:Â [email protected]
Website:Â www.skanray.com
Skanray IPO Allotment Status
Skanray Technologies IPO allotment will be available on Link Intime’s website. Click on this link to get allotment status.
Skanray Technologies IPO Timetable
IPO Opening Date: Coming soon
IPO Closing Date: Coming soon
Finalisation of Basis of Allotment: Coming soon
Initiation of refunds: Coming soon
Transfer of shares to demat accounts: Coming soon
Listing Date: Coming soon
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon
Skanray Technologies IPO FAQs
How many shares in Skanray IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Skanray Technologies IPO?
The best way to apply in Skanray IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Skanray IPO GMP today?
Skanray IPO GMP today is NA.
What is Skanray IPO kostak rate today?
Skanray Technologies IPO kostak rate today is NA.
What is Skanray Technologies Subject to Sauda rate today?
Skanray Subject to Sauda rate today is NA per application.
