Galaxy Medicare Ltd. IPO Details – Price, Date, GMP & Analysis
Closed
SME
Price Range:
Rs.51.00 to 54.00
Issue Size:
Rs.22.31 Cr
Lot Size:
2000 shares
Open Date:
September 10
Galaxy Medicare Ltd. IPO Overview
Bidding Dates
September 10 - September 12
Min Investment
₹102,000
Price Range
₹51.00 to 54.00
Issue Size
₹22.31 Cr
IPO DRHP Doc
Company Overview
Galaxy Medicare Limited, incorporated in July 1992, manufactures and exports medical devices, POP bandages, and surgical dressings. The company uses premium raw materials and specializes in various products, including surgical dressings, adhesive tapes, and wound care solutions. It holds 27 registered trademarks in India and supplies products to government health departments, corporate hospitals, and private entities. The company is ISO certified, ensuring compliance with healthcare standards, and employs 190 people as of March 2025.
IPO Timeline
Opens
Sep 10
Closes
Sep 12
Allotment
Sep 15
Refunds
Sep 16
Shares Credit
Sep 16
Listing
Sep 17
Opens
Sep 10
Closes
Sep 12
Allotment
Sep 15
Refunds
Sep 16
Shares Credit
Sep 16
Listing
Sep 17
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.00x | Partially Subscribed |
| NII (Non-Institutional Investors/HNI) | 1.48x | Oversubscribed |
| RII (Retail Individual Investors) | 2.10x | Oversubscribed |
| Total Subscription | 1.83x | Oversubscribed |
Last updated: Sep 12, 2025, 06:21 PM
Current GMP:
No Premium
Est. Listing:
Rs.54
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹31.49 Cr | ₹32.53 Cr | ₹32.31 Cr |
| EBITDA | ₹4.58 Cr | ₹5.26 Cr | ₹3.14 Cr |
| NET Worth | ₹18.36 Cr | ₹15.54 Cr | ₹11.94 Cr |
| Profit After Tax | ₹3.37 Cr | ₹3.71 Cr | ₹1.57 Cr |
| Reserves and Surplus | ₹12.29 Cr | ₹9.51 Cr | ₹14.78 Cr |
| Total Borrowing | ₹4.61 Cr | ₹8.12 Cr | ₹9.15 Cr |
| Total Income | ₹40.27 Cr | ₹36.94 Cr | ₹32.03 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Organisational stability along with management expertise
- Established reputation and customer relationships
- International presence
- Well established manufacturing facility designed for wide range of products
- Experienced management team and workforce
IPO Details
Galaxy Medicare IPO Details
| Face Value | ₹10 per share |
| Fresh Issue (Ex Market Maker) | 31,00,000 shares (aggregating up to ₹16.74 Cr) |
| IPO Date | September 10, 2025 to September 12, 2025 |
| Issue Price Band | ₹51 to ₹54 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | [.] |
| Lot Size | 2,000 Shares |
| Net Offered to Public | 39,24,000 shares (aggregating up to ₹21.19 Cr) |
| Offer for Sale | 8,24,000 shares of ₹10 (aggregating up to ₹4.45 Cr) |
| Reserved for Market Maker | 2,08,000 shares (aggregating up to ₹1.12 Cr)Prabhat Financial Services Ltd. |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 1,51,71,983 shares |
| Share Holding Pre Issue | 1,18,63,983 shares |
| Total Issue Size | 41,32,000 shares (aggregating up to ₹22.31 Cr) |
Galaxy Medicare IPO Reservation
Share Reservation Distribution
Retail
2,308,000 shares (55.86%)
HNI (NII)
1,536,000 shares (37.17%)
bNII (>₹10L)
1,024,000 shares (24.78%)
sNII (<₹10L)
512,000 shares (12.39%)
Market Maker
208,000 shares (5.03%)
QIB
80,000 shares (1.94%)
Galaxy Medicare IPO Promoter Holding
| Promoter Holding Post Issue | 64.60% |
| Promoter Holding Pre Issue | 89.49% |
Key Dates
Open Date:September 10
Close Date:September 12
Listing Date:TBA
