Galaxy Medicare IPO Date Will Open On Sep 10, 2025 And Close On Sep 12, 2025. The ₹22.31 Cr. IPO Is A Fresh Issue. Galaxy Medicare IPO Price Band Is Set At ₹51 to ₹54 per share.
The Allotment Will Be Finalized On Sep 15, 2025 and Listing date is Expected on The NSE SME By Sep 17, 2025. Investor Quota like 02.04% QIB, 58.82% Retail, and 39.14% HNI Category.
Financial Year 2024 Company Posted a Revenue of ₹36.94 Cr. and A Net Profit of ₹3.71 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Galaxy Medicare IPO Dates & Price Band Details
| Open Date | Sep 10, 2025 |
|---|---|
| Close Date | Sep 12, 2025 |
| Price Band | ₹51 to ₹54 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 2,000 Shares |
| Minimum Investment | ₹1,08,000 Thousand (for 1 lot at ₹54) |
| Type | Fresh Issue and OFS |
| Issue Size | 41,32,000 shares (Approx ₹22.31 Cr) |
| Fresh Issue | 31,00,000 shares (Approx ₹16.74 Cr) |
| Offer For Sale | 8,24,000 shares (Approx ₹4.45 Cr) |
| Issue Type | Bookbuilding IPO |
| QIB Quota | 02.04% |
| Retail Investor Quota | 58.82% |
| NII (HNI) Quota | 39.14% |
| Listing Exchange | NSE SME |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Galaxy Medicare Limited
Our Company was originally incorporated on December 22, 2014 as “Galaxy Medicare Limited“ is into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Our business encompass:
Our Company is certified under ISO 13485:2016 and Certificate of Conformity from EC International Certifications Standard (CE) for the Manufacturing and selling of Plaster of Paris Bandage and Other surgical Dressings.
1. Manufacturing and Branding of our own products under our flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE,
CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
2. Original Equipment Manufacturers (“OEMs”) ranging from sourcing of components, designing, manufacturing, quality testing as per the specifications provided by certain brand owners on Principal-to-Principal basis.
3. Institutional sale to various Government Department through participation in tenders on platforms like GEM Portal.
4. Exporting our manufactured product to international markets.
5. Trading of medical device and other surgical dressings.
Our manufacturing facility, situated at Mancheswar Industrial Estate, Bhubaneswar strictly adheres to ISO guidelines and is equipped with cutting-edge machinery and well-organized production facilities.
Galaxy Medicare IPO Market Lot Size
The Minimum Lot Size For The Galaxy Medicare IPO is 4,000 Shares, Requiring An Application Amount of ₹2,16,000 and in multiples of 2,000 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,16,000 |
| Retail Maximum | 2 | 4,000 | ₹2,16,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,24,000 |
| S-HNI Maxmum | 9 | 18,000 | ₹9,72,000 |
| B-HNI Minimum | 10 | 20,000 | ₹10,80,000 |
Objects Of The Issue
1. Funding Capital Expenditure requirement towards purchase of machinery for our existing manufacturing facility at Bhubaneshwar, Odisha.
2. Funding the working capital requirements.
3. General Corporate Purpose.
4. To meet the Offer expenses.
Galaxy Medicare IPO Allotment & Listing Dates
Galaxy Medicare IPO Will Open on Sep 10 and Close on Sep 12, 2025. The allotment is Expected on Sep 15, With the Listing Scheduled on NSE SME For Sep 17, 2025 (More information below table).
| Anchor Investor Bidding | -- |
|---|---|
| IPO Open | Wed, Sep 10, 2025 |
| IPO Close | Fri, Sep 12, 2025 |
| Allotment Finalisation | Mon, Sep 15, 2025 |
| Refunds / Unblocking | Tue, Sep 16, 2025 |
| Shares Credited to Demat | Tue, Sep 16, 2025 |
| Listing Date | Wed, Sep 17, 2025 |
Galaxy Medicare IPO Financial Report (FY 2025)
Galaxy Medicare Reported a total Revenue of ₹36.94 Cr. in FY 2024, Slightly up From ₹32.03 Cr. in FY 2023. The Company Net Profit Also Rose to ₹3.71 Cr. From ₹1.57 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 32.53 | 32.31 | 30.46 |
| Revenue | 36.94 | 32.03 | 30.74 |
| Profit After Tax | 3.71 | 1.57 | -0.21 |
| Net Worth | 15.54 | 11.94 | 10.38 |
| Reserves and Surplus | 9.51 | 14.78 | 13.36 |
| Total Borrowing | 8.12 | 9.15 | 9.92 |
| Amount in ₹ Crore |
Galaxy Medicare IPO Valuation Report – FY 2025 (KPI)
Check Detailed Galaxy Medicare IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 23.85% |
| Return on Capital Employed (ROCE) | 23.80% |
| EBITDA Margin | % |
| PAT Margin | 10.26% |
| Debt-to-Equity Ratio | 0.52 |
| Earnings Per Share (EPS) | 3.12 |
| Price to Earnings Ratio (P/E) | 17.28 |
| Return on Net Worth (RoNW) | 10.25% |
| Net Asset Value (NAV) | 14.06 |
Qualitative Factors
- Experienced Leadership and Skilled Management Team.
- Existing well-established reputation and customer relationships.
- Focus on consistently meeting quality standards.
- Global presence.
- Well Established Manufacturing Facility Designed for Wide Range of Products.
- In-house Quality Assurance (QA) / Quality Control (QC) for quality control.
Our Company Promoters
1. Mr. Dillip Kumar Das
2. Mrs. Kiran Das
3. Mr. Subhasish Das
Comparison of Accounting Ratios with Industry Peers
| Name of Company | Face Value (₹) | EPS (₹) | PE | RoNW (%) | NAV per Share (₹) |
|---|---|---|---|---|---|
| Galaxy Medicare | 10.00 | 2.84 | 19.01 | 10.25% | 14.06 |
| Adeshwar Meditex | 10.00 | 1.43 | 12.59 | 5.17% | 27.69 |
| KMS Medisurgi | 10.00 | 1.33 | 95.11 | 5.44% | 24.50 |
Also Read: Galaxy Medicare IPO GMP Today, Grey Market Premium Live
Galaxy Medicare Company Contact Details
Registered and Corporate Office:
Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate,
Bhubaneswar, Khurda, Orissa, India-751010
Tel: +91 9937000991
Mail: CS@galaxymed.co.in
Website: www.galaxy.com
Galaxy Medicare Lead Manager
Affinity Global Capital Market Private Limited
20B, Abdul Hamid Street, East IndiaHouse, 1st Floor,
Room No. 1F, Kolkata – 700069, West Bengal,India
Telephone: +91 33 4004 7188
E – mail: compliance@affinityglobal.in
Website: www.affinityglobalcap.in
Galaxy Medicare IPO Registrar
Cameo Corporate Services Limited
Subramanian Building” 1 Club House
Road, Chennai- 600 002
Tel: +91 40 6716 2222
E-mail: priya@cameoindia.com
Website: www.cameoindia.com
Galaxy Medicare IPO FAQs
Question 1: What is the Galaxy Medicare IPO?
Answer 1:Galaxy Medicare IPO is a SME IPO of 41,32,000 equity shares of the face value of ₹10 approximately up to ₹22.31 Cr. The issue is priced at ₹51 to ₹54 per share.
The Galaxy Medicare IPO opens on Sep 10, 2025 and closes on Sep 12, 2025.
MUFG Intime India Private Limited is the registrar for the IPO. The shares to be listed on NSE SME.
Question 2: How to apply in Galaxy Medicare IPO through Groww?
Answer 2: Groww customers can apply online in Galaxy Medicare IPO using UPI as a payment gateway. Groww customers can apply in Galaxy Medicare IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Galaxy Medicare IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Galaxy Medicare IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Galaxy Medicare IPO will open?
Answer 3: The Galaxy Medicare IPO opens on Sep 10, 2025, and closes on Sep 12, 2025.
Question 4: What is the lot size of Galaxy Medicare IPO?
Answer 4:Galaxy Medicare IPO lot size and the minimum order quantity is 2,000 Shares.
Question 5: How to apply for Galaxy Medicare IPO?
Answer 5: You can apply in Galaxy Medicare IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Galaxy Medicare IPO allotment date?
Answer 6: The Basis of Allotment for Galaxy Medicare IPO will be on Mon, Sep 15, 2025, and the allotted shares will be credited to your demat account by Tue, Sep 16, 2025. For Check the Galaxy Medicare IPO allotment status.
Question 7: When is Galaxy Medicare IPO listing date?
Answer 7: The Galaxy Medicare IPO listing date is Sep 17, 2025. The date of Galaxy Medicare IPO listing on Wed, Sep 17, 2025.
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