Galaxy Medicare IPO Subscription Status: Check Subscription Status
- September 12, 2025
- Posted by: sachet
- Category: IPO
Check Expert’s Verdicts on Galaxy Medicare IPO
Here, Galaxy Medicare IPO launched on 10th September 2025. The issue will be closed for bidding today, on 12th September 2025. The primary aim of the Galaxy Medicare IPO is to raise ₹22.31 crores from the market. Additionally, Galaxy Medicare IPO has received an impressive level of subscription, which suggests that the shares will be listed at a remarkable premium. Scroll down to check the Galaxy Medicare IPO subscription and details.
Galaxy Medicare IPO Details
| IPO Open Date | 10th September 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹54 per share |
| Lot Size | 2,000 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE & SME |
| IPO Close Date | 12th September 2025 |
| Listing Date | 17th September 2025 |
The price band for Galaxy Medicare IPO has been prescribed as ₹51 to ₹54 per share, with a total of 41,32,000 shares issued. Let’s segregate the share quota fixed for different categories of investors.
| Categories | Shares Offered | % Shares offered |
| Market Maker Shares Offered | 2,08,000 | 5.03% |
| QIB Shares Offered | 80,000 | 1.94% |
| NII (HNI) Shares Offered | 15,36,000 | 37.17% |
| Retail Investors | 23,08,000 | 55.86% |
| Total Shares Offered | 41,32,000 | 100.00% |
Galaxy Medicare IPO Subscription Status
As of now, the Galaxy Medicare IPO has been subscribed to 1.44 times. Of these, 1.57 times are subscribed by retail investors, 1.26 times by non-institutional investors, and 1.00 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Galaxy Medicare IPO listing on 17th September 2025. Galaxy Medicare IPO also has a positive outlook behind the fresh issue of 0.33 crore shares, which is expected to raise around Rs 22.31 crore.
Galaxy Medicare IPO GMP Today
We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the Galaxy Medicare IPO GMP for 12th September 2025.
The grey market premium for this IPO is 7.41% or Rs 4 per share. It indicates that the estimated listing price per share is Rs 58. Numerous factors played a pivotal role in this jump in the Galaxy Medicare IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs.
Galaxy Medicare Limited Financials
The company’s financial analysis is crucial before applying for the Galaxy Medicare IPO. Refer to the table to learn about Galaxy Medicare Limited’s financials.
| Year Ended | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 32.53 | 32.31 |
| Revenue | 36.94 | 32.03 |
| Profit After Tax | 3.71 | 1.57 |
| EBITDA | – | – |
| Net Worth | 15.54 | 11.94 |
| Reserve and surplus | 9.51 | 14.78 |
| Total Borrowing | 8.12 | 9.15 |
Explanation
Galaxy Medicare Limited’s revenue increased by 15.32% from ₹32.03 crores in March 2023 to ₹36.94 crores in March 2024. Moreover, the company’s PAT rose by 136.30% from ₹1.57 crores to ₹36.94 crores.
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of Galaxy Medicare IPO Limited.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 17.28 |
| EPS (Earnings Per Share) | 3.12 |
| RoNW | 23.85% |
| ROCE | 23.80 |
| ROE | 23.85 |
| EBITDA Margin | – |
| Price to Book Value | 3.84 |
| Market Capitalisation | ₹81.93 Cr |
Galaxy Medicare IPO Listing Expectations
The Galaxy Medicare IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. A 7.41% jump in Galaxy Medicare IPO GMP indicates that the estimated listing price per share will be approximately Rs 58.
It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendations.
Galaxy Medicare IPO Dates
| IPO Open Date | 10th September 2025 |
| IPO Close Date | 12th September 2025 |
| Allotment | 15th September 2025 |
| Refund Date | 16th September 2025 |
| IPO Listing Date | 17th September 2025 |
Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.
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