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  • Sahajanand Medical Technologies Files DRHP for IPO; Entirely OFS Structure

    Sahajanand Medical Technologies Files DRHP for IPO; Entirely OFS Structure0

    Backed by marquee investors like Ashish Kacholia, Samara Capital, and Kotak, Sahajanand Medical Technologies (SMT) has submitted its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. Unlike most listings, this one is a pure Offer-for-Sale (OFS) with 2.76 crore shares being offloaded by promoters and institutional investors. The company itself will not raise new capital.

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