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Galaxy Medicare Ltd.

Galaxy Medicare Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹54
₹54
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹54
Based on GMP
Min. Investment
₹108,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 Sep 2025
Close Date
12 Sep 2025
Allotment
15 Sep 2025
Listing Date
17 Sep 2025
Exchange
NSE SME
Price Band
₹54
Listing Price
See chart
Allotment Status
Price Band
₹54
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
41,32,000 shares (aggregating up to ₹22.31 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
1,18,63,983 shares
Promoters
Post-IPO Holding
1,51,71,983 shares
Promoters
P/E (Pre)
19.01x
 
P/E (Post)
24.31x
 
EPS (Pre)
₹2.84
 
EPS (Post)
₹2.22
 
UPI Deadline
2025-09-12
Mandate
Anchor AllotmentTue, 09 Sep 2025
Basis of AllotmentMon, 15 Sep 2025
Refund InitiationTue, 16 Sep 2025
Demat CreditTue, 16 Sep 2025
Listing DayWed, 17 Sep 2025
UPI Mandate Deadline2025-09-12
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public39,24,000 shares (aggregating up to ₹21.19 Cr)
Market Maker Quota2,08,000 shares (aggregating up to ₹1.12 Cr)
Fresh Issue Shares31,00,000 shares (aggregating up to ₹16.74 Cr)
Offer for Sale8,24,000 shares of ₹10 (aggregating up to ₹4.45 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Galaxy Medicare Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
208,000
₹1.12
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,132,000
100% ₹22.31
IPO Shares Offered
Galaxy Medicare Ltd. IPO total issue size: ₹22.31 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 208,000 ₹1.12
5.03%
Total 4,132,000 ₹22.31
100.00%
* Based on upper price band ₹54 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹54.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹216,000
Retail (Max — 13 Lots)1326,000₹1,404,000
S-HNI (Min — 14 Lots)1428,000₹1,512,000
B-HNI (Min — 68 Lots)68136,000₹7,344,000
* Issue Price ₹54 × Lot Size 2,000 shares
IPO Schedule
Anchor
09 Sep 2025
✓ Done
IPO Open
10 Sep 2025
✓ Done
IPO Close
12 Sep 2025
✓ Done
Allotment
15 Sep 2025
✓ Done
Refunds
16 Sep 2025
✓ Done
Demat Credit
16 Sep 2025
✓ Done
Listing Day
17 Sep 2025
✓ Done
Galaxy Medicare Ltd. — Live Price LIVE
₹54.00
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Issue ₹54.00 Live Price
About Galaxy Medicare Ltd.
Incorporated in July 1992, Galaxy Medicare Limited manufactures and exports medical devices, POP bandages, and surgical dressings in India.The company manufactures these products using premium grade raw material that is procured from the authentic vendors of the market.The company specializes in various products, including surgical dressings, plaster of Paris bandages, adhesive tapes, compression bandages, and wound care solutions.Their offerings meet diverse medical needs, including gauze products and orthopedic items.The company's business includes the following:-Manufacturing and branding for flagship brands: POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE, GYPSONET, GYPSOCHLOR, FIXCAN ETC.;OEMs source components, design, manufacture, and test quality according to brand owners' specifications under Principal-to-Principal basis;Institutional sales via government tenders on GEM Portal;Exporting its products internationally and trading surgical devices dressings.The company has 27 registered trademarks in India, serving domestic and international markets.The company's products are accepted by the medical community and supplied throughout India to government health departments, corporate hospitals, and private entities.The company complies with ISO 9001:2015 and ISO 13485:2016 certifications, ensuring that its products meet the rigorous demands of healthcare institutions.As of March 2025, the company has 190 employees in various departments.Competitive Strength:Experienced Leadership and Skilled Management Team.Established reputation and customer relationships.Focus on consistently meeting quality standards.Well Established Manufacturing Facility with Wide Range of Products.In-house Quality Assurance (QA) / Quality Control (QC) and Research & Development for quality control.International market Presence.
Objects of the Issue
1
1 . Funding Capital Expenditure requirement towards purchase of machinery for the existing manufacturing facility at Bhubaneshwar, Odisha
2
2 Funding the working capital requirements
3
3 General Corporate Purposes
4
4 To meet the offer related expenses
Galaxy Medicare Ltd. Financials (Amount in Crore)
Revenue from Operations
₹32.0
31 Mar 2023
₹36.9
31 Mar 2024
₹40.3
31 Mar 2025
Profit After Tax (PAT)
₹1.6
31 Mar 2023
₹3.7
31 Mar 2024
₹3.4
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 40.27 36.94 32.03
EBITDA 4.58 5.26 3.14
Profit After Tax (PAT) 3.37 3.71 1.57
Net Worth 18.36 15.54 11.94
Total Assets 31.49 32.53 32.31
Reserves & Surplus 12.29 9.51 14.78
Borrowings 4.61 8.12 9.15
EBITDA Margin (%) 11.69%
PAT Margin (%) 8.60%
P/BV Ratio
3.49
RoE
19.88%
RoCE
22.38%
RoNW
18.35%
PAT Margin
8.60%
EBITDA Margin
11.69%
Debt/Equity
0.25
Issue Structure & Shareholding
Total Shares Offered41,32,000 (100.00%)
Net Offer to Public39,24,000 shares (aggregating up to ₹21.19 Cr)
Reserved for Market Maker2,08,000 shares (aggregating up to ₹1.12 Cr)
Pre-Issue Promoter Holding1,18,63,983 shares
Post-Issue Promoter Holding1,51,71,983 shares
P/BV Ratio3.49
RoE19.88%
RoCE22.38%
Debt / Equity0.25
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Affinity Global Capital Market Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Galaxy Medicare Ltd. IPO subscribed?

Galaxy Medicare Ltd. IPO is subscribed 1.00 times by Sep 12, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Galaxy Medicare Ltd. IPO retail subscription status?

The Galaxy Medicare Ltd. IPO retail category is subscribed 1.00 times as of 12 Sep 2025. The retail portion is oversubscribed.

How to subscribe Galaxy Medicare Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 Sep 2025 and closes 12 Sep 2025. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2025-09-12.

How many times Galaxy Medicare Ltd. IPO subscribed?

The Galaxy Medicare Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Galaxy Medicare Ltd. IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Sep 2025. Refunds: on 16 Sep 2025.

When Galaxy Medicare Ltd. IPO will be listed?

The Galaxy Medicare Ltd. IPO listing date is 17 Sep 2025, Wednesday. Listed on: NSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Galaxy Medicare Ltd. IPO close?

The Galaxy Medicare Ltd. IPO closes on 12 Sep 2025, Friday. UPI mandate: 2025-09-12. Allotment: 15 Sep 2025. Listing: 17 Sep 2025.