Galaxy Medicare Ltd IPO – Dates, Price Band & Lot Size

The Galaxy Medicare Ltd IPO will be live from 10 Sep'25 to 12 Sep'25 with an issue size of ₹22.31 crores. The IPO is priced in the band of ₹0.00–₹54.00 per share with a minimum lot size of 4000.00 shares. Stay updated with IPO dates, allotment status, and listing details.

Min Investment ₹216000.00

Subscribed Times 1.79x

Issues size ₹22 Crores

Price Range ₹0.00 - ₹54.00

Open on 10 Sep'25

Close on 12 Sep'25

Galaxy Medicare Ltd IPO Details

Lot Size 4000.00

Issue size ₹22 Crores

Issue Type Book Building

Galaxy Medicare Ltd Shares Offered

Qualified Inst. Buyers 1.94

Non Inst. Buyers 37.17

Retails Ind. Buyers 55.86

Galaxy Medicare Ltd Subscription Status

(as of 14 Jan 2026) Overall Status 1.79x

Qualified Inst. Buyers 1.00x

Non Inst. Buyers 1.61x

Retails Ind. Buyers 2.10x

Galaxy Medicare Ltd IPO Timeline

10 Sep'25 Issue Open

12 Sep'25 Issue Close

15 Sep'25 Finalization of Basis of Allotment

16 Sep'25 Initiation of refund

16 Sep'25 Transfer of shares to Demat Account

17 Sep'25 Listing Date

Galaxy Medicare Ltd Objects of the offer

Building our relationship with industry leading OEM's i.e. Principal to Principal and diversifying our customer base by expanding our business in medical device and surgical dressings products.

Strengthening our business through effective branding, promotional and digital marketing activities.

Focus on Increase in Products range and Volume of Sales.

Reduction of operational costs and achieving efficiency.

Focus on consistently meeting quality standards.

Galaxy Medicare Ltd Company's Financials

Assets(cr) Mar 2025 29.20 Mar 2024 29.69 Mar 2023 27.12

Gross Profit(cr) Mar 2025 5.03 Mar 2024 5.21 Mar 2023 3.12

Liabilities(cr) Mar 2025 5.05 Mar 2024 8.32 Mar 2023 9.30

Net Income(cr) Mar 2025 3.37 Mar 2024 3.71 Mar 2023 1.57

Revenue(cr) Mar 2025 39.20 Mar 2024 36.15 Mar 2023 31.21

Galaxy Medicare Ltd Peer Comparison

Script Name Galaxy Medicare Ltd Revenue(cr) 36.15 Net Profit(cr) 3.71 EPS 0.00 Current Ratio 5.23

Script Name Adeshwar Meditex Ltd Revenue(cr) 79.85 Net Profit(cr) 2.01 EPS 1.39 Current Ratio 3.13

Script Name KMS Medisurgi Ltd Revenue(cr) 13.88 Net Profit(cr) 0.45 EPS 1.38 Current Ratio 4.18

Galaxy Medicare Ltd IPO

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Galaxy Medicare Ltd Company Contact Info

Plot No.2 Zone-D Phase A,

Mancheswar Ind.Est Bhubaneswar,

Khurda-751010

Phone : +91 99370 00991

Galaxy Medicare Ltd Registrar & Transfer Agent

Cameo Corporate Services Ltd

Subramanian Building,

1ST Floor No 1-Chennai - 600002

Phone : 91-44-28462700

Fax : 91-44-28460129

Galaxy Medicare Ltd Book Running Managers

Affinity Global Capital Market Pvt Ltd

Initial public offering of up to 41,32,000 equity shares of face value of Rs. 10/- each (equity shares) of the company for cash at a price of Rs. 54/- per equity share (including a share premium of Rs. 44/- per equity share) (offer price) aggregating up to Rs. 22.31crores (the offer) comprising a fresh issue of up to 33,08,000 equity shares aggregating up to Rs. 17.86.crores by the company (the fresh issue) and an offer for sale of up to 8,24,000 equity shares aggregating up to Rs. 4.45 crores by the promoters selling shareholder, (the offered shares) (the offer for sale and together with the fresh offer, the offer) of which upto 2,08,000 equity shares aggregating to Rs. 1.12 crores will be reserved for subscription by market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e., net offer of upto 39,24,000 equity shares at an offer price of Rs. 54/- per equity share aggregating to Rs. 21.19 croresis hereinafter referred to as the net offer. The offer and the net offer will constitute 27.23% and 25.86%, respectively of the post offer paid up equity share capital of the company.

Galaxy Medicare Ltd IPO FAQs

What is the issue size of Galaxy Medicare Ltd IPO?

The issue size of Galaxy Medicare Ltd IPO is ₹ 22 crore.

What is 'pre-apply' for Galaxy Medicare Ltd IPO?

'Pre-apply' lets you place your IPO application before the official opening date.

If I pre-apply for Galaxy Medicare Ltd IPO, when will my order get placed?

Your order will be placed automatically once the IPO opens for subscription.

When will I know if my Galaxy Medicare Ltd IPO order is placed?

You'll get a confirmation via SMS/email once your IPO order is successfully placed.

What are the open and close dates of the Galaxy Medicare Ltd IPO?

The IPO opens on 10 Sep and closes on 12 Sep.

What is the lot size and minimum order quantity of the Galaxy Medicare Ltd IPO?

The minimum order is 1 lot, which consists of 4000.00 shares.

What is the allotment date for the Galaxy Medicare Ltd IPO?

The allotment is expected on 15 Sep.

Who is the registrar of the Galaxy Medicare Ltd IPO?

Cameo Corporate Services Ltd is the registrar for this IPO.

Where is the Galaxy Medicare Ltd IPO getting listed?

It will be listed on NSE.