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Galaxy Medicare Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹54
Issue Price
₹54
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹54
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹108,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 Sep 2025
Wed Completed
Done
Close Date
12 Sep 2025
Fri Completed
Done
Allotment
15 Sep 2025
Mon Completed
Done
Refund
16 Sep 2025
Tue Completed
Done
Demat Credit
16 Sep 2025
Tue Completed
Done
Listing Date
17 Sep 2025
Wed Completed
UPI Deadline: 12 Sep 2025
Issue Details
Pricing & Size
Issue Price
₹54 Face ₹10
Lot Size
2,000 shares
Min Investment
₹108,000
Total Issue Size
41,32,000 shares (aggregating up to ₹22.31 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,08,000 (5.03%)
QIB Portion
80,000 (1.94%)
NII / HNI
15,36,000 (37.17%)
Retail
23,08,000 (55.86%)
Employee
-
Net Offer to Public
39,24,000 shares (aggregating up to ₹21.19 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,18,63,983 shares
Post-Issue Shareholding
1,51,71,983 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 4000 216000
HNI / NII 3 6000 324000
Objects of Issue
4 objectives
1
Funding Capital Expenditure requirement towards purchase of machinery for the existing manufacturing facility at Bhubaneshwar, Odisha
4.89 Cr
2
Funding the working capital requirements
8.94 Cr
3
General Corporate Purposes
2.25 Cr
4
To meet the offer related expenses
1.79 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Affinity Global Capital Market Pvt.Ltd
Market Maker
Prabhat Financial Services Ltd.
IPO Timeline
Open
10 Sep
✓ Done
Close
12 Sep
✓ Done
Allotment
15 Sep
✓ Done
Listing
17 Sep
✓ Done
Registrar Details
Cameo Corporate Services Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Email
investor@cameoindia.com
Company Contact
Email
CS@galaxymed.co.in
Phone
+91 9937000991
Address
Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate Khurda Bhubaneshwar, Odisha, 751010
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹54
Est. Listing
₹54
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Galaxy Medicare Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹54
GMP
+₹0 (+0%)
GMP Est. Listing
₹54
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 80,000 (1.94%) ₹4.32 Cr
NII / HNI (Total) 15,36,000 (37.17%) ₹829.44 Cr
Retail Investors 23,08,000 (55.86%) ₹1,246.32 Cr
Total ** 41,32,000 (100.00%) ₹22,312.80 Cr
Market Maker * 2,08,000 (5.03%) ₹11.23 Cr
* Based on ₹54.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
80,000 (1.94%)
NII
15,36,000 (37.17%)
Retail
23,08,000 (55.86%)
Market Maker
2,08,000 (5.03%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crores
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue40.2736.9432.03
PAT3.373.711.57
EBITDA4.585.263.14
Net Worth18.3615.5411.94
Total Assets31.4932.5332.31
Reserves12.299.5114.78
Borrowings4.618.129.15
Key Financial Ratios
19.88%
ROE
Return on Equity
22.38%
ROCE
Return on Capital Employed
18.35%
RONW
Return on Net Worth
8.60%
PAT Margin
PAT / Revenue
11.69%
EBITDA Mgn
EBITDA / Revenue
0.25
D/E Ratio
Debt to Equity
3.49
P/BV
Price to Book Value
2.84
Pre EPS
EPS Pre-Issue
2.22
Post EPS
EPS Post-Issue
19.01
Pre P/E
P/E Pre-Issue
24.31
Post P/E
P/E Post-Issue
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:-

  1. Manufacturing and branding for flagship brands: POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE, GYPSONET, GYPSOCHLOR, FIXCAN ETC.;
  2. OEMs source components, design, manufacture, and test quality according to brand owners' specifications under Principal-to-Principal basis;
  3. Institutional sales via government tenders on GEM Portal;
  4. 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.
Frequently Asked Questions
What is the issue price of Galaxy Medicare Ltd. IPO?
The issue price of Galaxy Medicare Ltd. IPO is ₹54 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹108,000.
What are the IPO dates?
Opens 10 Sep 2025, closes 12 Sep 2025.
When is the listing date?
Tentative listing: 17 Sep 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹54 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Galaxy Medicare Ltd. IPO · Expected 15 Sep 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
15 Sep 2025
Refund Initiation
16 Sep 2025
Demat Credit
16 Sep 2025
Listing Date
17 Sep 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹54
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹108,000
1 lot
Est. Listing
₹54
GMP +₹0
Key Dates
Open
10 Sep Done
Close
12 Sep Done
Listing
17 Sep Done
Registrar
Cameo Corporate Services Ltd.
A
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