IPO

Medistep Healthcare Limited IPO

NSE SME

Listed On: Aug 18, 2025 at ₹ 53.0

₹ 258000 /6000 Shares
*Min Investment

Check Allotment

08 Aug, 2025

Open Date

12 Aug, 2025

Close Date

13 Aug, 2025

Allotment Date

18 Aug, 2025

Listing Date
Medistep Healthcare IPO Live Subscription Details
View Subscription Details
Individual 461.79x
NIIs 275.35x
Individual 461.79x
Total 375.51x
Last updated: 12-Aug-2025 17:36:09 hrs
Medistep Healthcare IPO Issue Details
  • Issue Price ₹43 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 37,44,000 shares(aggregating up to ₹16.1 crore)
  • Fresh Share 37,44,000 shares(aggregating up to ₹16.1 crore)
  • Listing at NSE SME
  • List Price 53.0
  • Listing Date 2025-08-18
  • Lead Manager Fast Track Finsec Pvt Ltd
  • Registrar Cameo Corporate Services Limited
Market Lot Size

Investors can bid for a minimum of 6000 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.

ApplicationLotsSharesAmount
Individual (min)26000₹2,58,000
Individual(max)26000₹2,58,000
NII (min) 39,000₹3,87,000
Medistep Healthcare IPO Reservation

Medistep Healthcare IPO offers total 37,44,000 shares. Out of which NA (NA%) allocated to QIB, 17,76,000 (47.44%) allocated to NII,17,79,000 (47.52%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Market Maker Shares Offered1,89,000 (5.05%)
NII (HNI) Shares Offered17,76,000 (47.44%)
Individual Shares Offered17,79,000 (47.52%)
Total Shares Offered37,44,000 (100%)
Medistep Healthcare IPO Documents
Medistep Healthcare IPO Details


Medistep Healthcare Limited IPO is an SME IPO, priced at ₹43 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 37,44,000 equity shares, aggregating up to ₹16.1 crores..

The IPO bidding window is open from Aug 8, 2025 to Aug 12, 2025. The allotment is expected to be finalized on Aug 13, 2025, and the tentative listing date is Aug 18, 2025.

The minimum lot size for Individual investors is 6000 shares, with a minimum investment of ₹2,58,000. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,87,000.

Fast Track Finsec Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and

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Medistep Healthcare IPO Subscription Analysis And Details
Retail
461.11x
Total
382.14x
As onQIB / NIIIndividualTotal
Shares Offered / Reserved17,76,00017,79,00035,55,000
Day 1 08-08-25 06:00 PM
2.49 x16.46 x9.48 x
Day 2 11-08-25 06:00 PM
31.98 x126.96 x79.52 x
Day 3 12-08-25 06:00 PM
289.15 x461.11 x382.14 x

Total No of Applications
1,66,129
Medistep Healthcare Valuations
EPS Pre IPO ₹3.96/-
EPS Post IPO ₹2.92/-
P/E Pre IPO 10.86
P/E Post IPO 14.74
ROE 19.06%
ROCE 38.91%
RoNW 29.06%
PAT Margin 8.35%
Price to Book Value 2.67
Medistep Healthcare Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets22.9914.9614.66
Revenue49.6639.0827.74
Profit After Tax4.143.330.92
Net Worth16.8311.691.07
Reserves & Surplus6.376.79N/A
Total Borrowing0.640.330.53
About Medistep Healthcare Company

Founded in June 2023, Medistep Healthcare Limited is a pharmaceutical firm that manufactures sanitary pads, energy powder, and other pharmaceutical, nutraceutical, intimate, and surgical products. They believe in quality and would like to increase their product base as a public, non-government company.

The product consists of the following:
Sanitary Pads: Medistep makes high-quality sanitary pads, catering to necessary feminine hygiene products.
Energy Powder: The firm manufactures energy supplements that help to refresh and energize consumers.
Pharmaceutical Products: Medistep deals in the trading of a range of pharmaceutical products to provide access to life-saving drugs.
Nutraceutical Products: They deal in products that incorporate nutrition and pharmacy, encouraging overall well-being.
Intimate Care and Hygiene Products: The firm offers intimate care and hygiene products.
Surgical Products: Medistep deals in surgical products and assists healthcare practitioners with essential equipment and instruments.

As of December 30, 2024, Medistep has annualized revenues of ₹45.00 crore and Profit After Tax (PAT) of ₹4.08 crore.
As of December 28, 2024, the company has nine payroll employees. Labour requirements are subject to daily-paid labourers, and none are contractual.

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Medistep Healthcare - Promoter(s)

Girdhari Lal Prajapat

Dabhi Vipul Gobarbhai

Prajapati Hetalben Girdharilal

Pre Issue Share Holding : 93.62%

Post Issue Share Holding : 68.96%

Medistep Healthcare IPO - Issue Objectives
1

Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility

2

Working Capital requirements

3

General Corporate Purpose

Contact Details

Medistep Healthcare

05, S. No-245/B, Plot-19, T.P.S. 56, Free Way Trade Center, Nr.A-One Hotel N.H.-8, Narol Gam, Narol Daskroi, Ahmedabad, Gujarat, 382405

+91 87808 46963

Info@medistephc.com

https://www.medistephc.com/

Registrar Contact Details

Cameo Corporate Services Limited

+91-44-28460390

priya@cameoindia.com

https://ipo.cameoindia.com/