Galaxy Medicare IPO
Galaxy Medicare is an NSE SME IPO listed on the NSE SME platform, priced at ₹51–₹54 per share. The stock debuted at ₹54 with a flat listing performance. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹2,16,000.
Galaxy Medicare Limited IPO
- IPO Dates
- Sep 10, 2025 – Sep 12, 2025
- Price band
- ₹51-54 per equity share
- Minimum Investment
- ₹2,16,000
- Issue size
- ₹22.31 Cr
- Lot size
- 2000
- Allotment Date
- Sep 15, 2025
- Listing
- Sep 17, 2025
- Listing At
- NSE SME
IPO timeline
-
Sep 10, 2025
Open Date
Completed
-
Sep 12, 2025
Close Date
Completed
-
Sep 15, 2025
Allotment Date
Completed
-
Sep 17, 2025
Listing Date
Completed
Galaxy Medicare IPO Subscription Details
View Subscription DetailsGalaxy Medicare IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Galaxy Medicare IPO Essentials
Galaxy Medicare IPO Details
Galaxy Medicare IPO is priced at ₹51-54 per share with a total issue size of 22.31 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹51-54 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 41,32,000 shares(aggregating up to ₹22.31 Cr)
- Total issue size
- 41,32,000 shares
(aggregating up to ₹22.31 crore) - Fresh issue
- 33,08,000 shares
(aggregating up to ₹17.86 crore) - Offer for sale (OFS)
- 8,24,000 shares
(aggregating up to ₹4.45 crore) - Listing at
- NSE SME
- List price
- 54.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Affinity Global Capital Market Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 4000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 4000 | ₹2,16,000 |
| Individual(max) | 2 | 4000 | ₹2,16,000 |
| sHNI(min) | 3 | 6,000 | ₹3,24,000 |
| sHNI(max) | 9 | 18,000 | ₹9,72,000 |
| sHNI(min) | 10 | 20,000 | ₹10,80,000 |
Galaxy Medicare IPO Reservation
Galaxy Medicare IPO reservation details show category-wise allocation of shares. Out of the total 41,32,000 shares, approximately 1.94% are reserved for QIB, 37.17% for NII, 55.86% for retail investors, and 5.03% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 2,08,000 (5.03%) | |
| QIB Shares Offered | 80,000 (1.94%) | |
| NII (HNI) Shares Offered | 15,36,000 (37.17%) | |
| bHNI > ₹10L | 10,24,000 (24.78%) | 171 |
| sHNI < ₹10L | 5,12,000 (12.39%) | 85 |
| Individual Shares Offered | 23,08,000 (55.86%) | 577 |
| Employee Shares Offered | NA (NA%) | |
| Total Shares Offered | 41,32,000 (100%) |
Galaxy Medicare IPO Analytics
Galaxy Medicare IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Galaxy Medicare IPO Subscription Status
Galaxy Medicare IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 1.89x, indicating moderate demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 80,000 / 15,36,000 | 23,08,000 | 39,24,000 |
|
Day 1
10-09-25 06:00 PM
|
(1.00 / 0.66) x | 0.33 x | 0.47 x |
|
Day 2
11-09-25 06:00 PM
|
(1.00 / 1.05) x | 0.70 x | 0.84 x |
|
Day 3
12-09-25 06:00 PM
|
(1.00 / 1.61) x | 2.10 x | 1.89 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 1285 (Approx) | 0.13x | 0.59x | 2.1x |
Galaxy Medicare Valuations
Earnings
- EPS Pre IPO
- ₹2.84/-
- EPS Post IPO
- ₹2.22/-
- P/E Pre IPO
- 19.01
- P/E Post IPO
- 24.31
Returns
- ROE
- 19.88%
- ROCE
- 22.38%
- RoNW
- 18.35%
- PAT Margin
- 8.60%
Fundamentals
- Debt / Equity
- 0.25
- Price / Book
- 3.49
Galaxy Medicare Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 31.49 | 32.53 | 32.31 |
| Revenue | 40.27 | 36.94 | 32.03 |
| Profit After Tax | 3.37 | 3.71 | 1.57 |
| Net Worth | 18.36 | 15.54 | 11.94 |
| Reserves & Surplus | 12.29 | 9.51 | 14.78 |
| Total Borrowing | 4.61 | 8.12 | 9.15 |
Galaxy Medicare Company & Offer Insights
About Galaxy Medicare
Incorporated in July 1992, Galaxy Medicare Limited produces and exports medical devices, POP bandages, and surgical dressings in India.
The company produces these items using superior quality raw material that is sourced from the genuine suppliers of the market.The company deals in a variety of products, including surgical dressings, plaster of Paris bandages, adhesive tapes, compression bandages, and solutions for wound care.Their products cater to various medical requirements, such as gauze products and orthopedic products.
The business of the company comprises the following:
Flagship brand manufacturing and branding: POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE, GYPSONET, GYPSOCHLOR, FIXCAN ETC.
OEMs procure components, design, produce, and test quality as per brand owners' specifications on Principal-to-Principal basis;
Institutional sales through government tenders on GEM Portal;
Exporting products internationally and trading surgical devices dressings.
The company has 27 registered trademarks in India catering to domestic and international markets.The products of the company are well-accepted by the medical fraternity and supplied across India to corporate hospitals, government health departments, and private organizations.The company follows ISO 9001:2015 and ISO 13485:2016 certifications to ensure that its products stand up to the high standards of healthcare institutions.
The company employs 190 people in different departments as of March 2025.
Galaxy Medicare Promoter(s)
Mr. Dillip Kumar Das, Mr. Subhasish Das, Mrs. Kiran Das are the company's promoters of Galaxy Medicare.
Galaxy Medicare IPO Issue Objectives
- •
- Funding Capital Expenditure requirement towards purchase of machinery for the existing manufacturing facility at Bhubaneshwar, Odisha
- •
- Funding the working capital requirements
- •
- General Corporate Purposes
- •
- To meet the offer related expenses
Contact Information
Contact Details
Galaxy Medicare
+919937000991
Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate Khurda Bhubaneshwar, Odisha, 751010
Registrar Contact Details
Cameo Corporate Services Limited
+91-44-28460390
Frequently Asked Questions
Click any question to reveal the answer
Galaxy Medicare IPO is a book-built IPO worth ₹22.31 crore. The price band is ₹51–₹54 per share. The IPO opens on Sep 10, 2025 and closes on Sep 12, 2025. It will be listed on NSE SME Platform. Cameo Corporate Services Limited is the registrar.
The price band of Galaxy Medicare IPO is ₹51 to ₹54 per share.
The lot size of Galaxy Medicare IPO is 2000 shares.
The minimum investment for Galaxy Medicare IPO is approximately ₹2,16,000 based on the upper price band .
Galaxy Medicare IPO opens on Sep 10, 2025 and closes on Sep 12, 2025.
The allotment date of Galaxy Medicare IPO is Sep 15, 2025.
Galaxy Medicare IPO is expected to be listed on Sep 17, 2025, on NSE SME Platform.
Galaxy Medicare IPO valuation snapshot: P/E 24.31, EPS ₹2.22/-, P/B 3.49, RoNW 18.35%, and market cap N/A.
To apply for Galaxy Medicare IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Galaxy Medicare IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Galaxy Medicare IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Galaxy Medicare IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Galaxy Medicare IPO allotment status on IPO Ji for quick and easy access.