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LISTEDSME

Galaxy Medicare IPO

Open 10th Sep 2025 · Close 12th Sep 2025 · Listing 17th Sep 2025

Price Band₹51.00–₹54.00
Live GMP₹0.00
Subscription1.83×
Issue Size₹22.31 Cr
Allotment15th Sep 2025

At a glance

Updated 2026-08-24

Galaxy Medicare is a SME IPO with an issue size of ₹22.31 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹16.74 crore and an offer-for-sale component of ₹4.45 crore.

Issue details

Listing atNSE SME
Issue typeBook Build Issue
Issue size₹22.31 Cr
Fresh issue₹16.74 Cr
Offer for sale₹4.45 Cr
Face value₹10
Price band₹51.00–₹54.00
Allotment15th Sep 2025
Listing17th Sep 2025

Grey market

GMP page ↗
Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹54.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens10th Sep 2025
Closes12th Sep 2025
Allotment15th Sep 2025
Refund16th Sep 2025
Demat16th Sep 2025
Listing17th Sep 2025

Subscription demand

Full bidding ↗
Total1.83×

Lot size

InvestorLotsSharesAmount
Minimum Bid14000₹216,000

Company

Use of proceeds

ObjectAmount
Funding Capital Expenditure requirement towards purchase of machinery for the existing manufacturing facility at Bhubaneshwar, Odisha₹4.89 Cr
Funding the working capital requirements of the Company₹8.94 Cr
General Corporate Purposes₹2.25 Cr
To meet the Offer Related Expenses₹2.23 Cr
Total₹18.31 Cr

31 Mar 2023

Assets32.31
Total Income32.03
EBITDA3.14
Profit After Tax1.57
NET Worth11.94
Reserves and Surplus14.78
Total Borrowing9.15

31 Mar 2024

Assets32.53
Total Income36.94
EBITDA5.26
Profit After Tax3.71
NET Worth15.54
Reserves and Surplus9.51
Total Borrowing8.12

31 Mar 2025

Assets31.49
Total Income40.27
EBITDA4.58
Profit After Tax3.37
NET Worth18.36
Reserves and Surplus12.29
Total Borrowing4.61
Trend chart₹ crore

KPIs

KPIMar 31, 2025
ROE19.88%
ROCE22.38%
Debt / Equity0.25%
RoNW18.35%
PAT Margin8.60%
EBITDA Margin11.69%
Price to Book Value3.49

Valuation & shareholding

Pre-IPO EPS2.84
Post-IPO EPS2.22
Pre-IPO P/E19.01
Post-IPO P/E24.31
Promoter holding pre99.57%
Promoter holding post72.43%
Market cap₹81.93 Cr.

Issue expenses

ExpenseAmount
Book Running Lead Manager Fees₹1.35 Cr
Underwriting Fees₹0.55 Cr
Fees Payable to the Market Maker to the Issue₹0.03 Cr
Fees Payable to the Registrar to the Issue₹0.01 Cr
Fees Payable for Advertising and Publishing expenses₹0.10 Cr
Fees payable to Regulators including Stock Exchange and Depositories₹0.12 Cr
Payment fees for Printing & Stationery, Postages, etc₹0.00 Cr
Fees payable to Statutory Auditor, Legal Advisors and other Professionals₹0.03 Cr
Concurrent Auditor₹0.00 Cr
Others₹0.04 Cr

Registrar & lead managers

Registrar

Cameo Corporate Services Ltd.

Lead managers

  • Affinity Global Capital Market...

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.