Sahajanand Medical Technologies Ltd

Sahajanand Medical Technologies Limited was initially formed as a Partnership Firm named M/s Sahajanand Vacular Technoventions pursuant to a Partnership Deed dated on October 25 1999. Subsequently the Partnership Firm was reconstituted and name of the Firm was changed to M/s Sahajanand Medical Technologies dated September 30 2001. The Partnership Firm converted into a Joint Stock Company and got registered as a Private Limited Company with the name Sahajanand Medical Technologies Private Limited on October 18 2001. Consequently the Company converted into a Public Company on April 27 2021 and the name was changed to Sahajanand Medical Technologies Limited vide a fresh Certificate of Incorporation on May 7 2021 issued by the RoC Gujarat. The Company is a leading medical devices company that researches designs develops manufactures and markets vasculardevices globally. It differentiate product offering by providing customers with high quality products at market appropriate prices supported by strong clinical data. It has a direct and distributor sales presence in more than 69 countries including direct presence in countries such as Germany Poland Spain France UK and Brazil. Presently the Company offer products used in Interventional Cardiology i.e. devices used for the treatment of blockages in heart vessels coronary artery disease such as coronary stents and catheters Structural Heart Therapy i.e. devices used for treatment of abnormalities in the tissues walls and valves of the heart such as transcatheter aortic valve implants TAVI and occluders and Peripheral Intervention i.e. devices used for treatment of blockages in the blood vessels other than those of the heart such as renal stents. Apart from these the Company operate 3 manufacturing facilities in India located at Surat and Bengaluru where it manufacture products for interventional cardiology and peripheral intervention and one overseas facility at Nonthaburi in Thailand where it manufacture products for structural heart therapy.The Company was founded by Mr. Dhirajlal Kotadia in making critical lifesaving products accessible to the masses that ultimately led him to establish the Company in 2001. Under Mr. Kotadias leadership the Company has been a pioneer in the vascular devices industry having introduced the biodegradable polymer DES in 2005 which launched lowest strut thickness stents with a 60micron thickness. The Company launched Renofit a balloon expandable cobalt chromium renal and biliary stent system in 2015. The portfolio is led by flagship coronary stent Supraflex Cruz. In 2016 the Company initiated TALENT a randomized clinical trial that compared the performance of stent Supraflex against that of a global leading stent manufacturer. In 2018 it launched Supraflex Cruz which is considered as the most deliverable stent. It got into a strategic partnership with Cardinal Health Medical Products India Limited for exclusive distribution of Cordis products and gained access to the cardio accessories and endovascular segments. The Company started marketing products in Germany and Poland in 2019. In June 2019 it acquired Imex Clinic Salud S.L which was a distributor in Spain. In September 2019 it acquired Zarek a sales and marketing company with a portfolio of interventional cardiology and endovascular products based in Brazil which was also their distributor. In May 2020 it expanded product portfolio and got into structural heart therapy segment by acquiring Vascular Concepts and Vascular Innovations. As of March 31 2021 Company has a direct operations in 10 countries and distributor sales presence in more than 59 countries through a network of 67 distributors.The Company is planning to come out with an Initial Public Offering aggregating upto Rs. 1500 crore Equity Shares which comprises by raising capital of up to Rs. 410.33 crore through Fresh Issue of Equity Shares and an Offer for Sale of up to Rs 1089.67 crore Equity Shares..

Listing date: 23 Oct, 2026
Chairperson Name: Dhirajlal Vallabhbhai Kotadia