Galaxy Medicare IPO GMP & Review: Apply or Avoid?

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Galaxy Medicare IPO is open for bidding from 10th September 2025 to 12 September 2025. It is a bookbuilding IPO of ₹22.31 crore, comprising a fresh issue of 0.33 crore shares and offer for sale of 0.08 crore shares. The problem will be listed on BSE and NSE on its tentative listing date, 17th September 2025.

Galaxy Medicare IPO Details 

The Galaxy Medicare IPO date is fixed between 10th September 2025 and 12th September 2025. The face value of Galaxy Medicare IPO shares stands at ₹10 per share, and the IPO price is set at ₹51.00 to ₹54.00 per share.

Cameo Corporate Services Limited is the registrar of the Galaxy Medicare IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Galaxy Medicare IPO Share Reservation

Galaxy Medicare IPO is a bookbuilding IPO of ₹22.31 crores, comprising a fresh issue of 0.33 crore shares of Galaxy Medicare, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Galaxy Medicare IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Galaxy Medicare IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 8th September 2025, Galaxy Medicare IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹54.00 on its tentative listing date, 17th September 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Galaxy Medicare GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.

Galaxy Medicare IPO GMP Review

Check out the detailed Galaxy Medicare GMP IPO review for a thorough understanding of its potential to report listing gains on 17th September 2025. The Galaxy Medicare IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Galaxy Medicare IPO.

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.

Galaxy Medicare Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Galaxy Medicare IPO, with its tentative listing day set for 17th September 2025.  

Technical Analysis

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 the Galaxy Medicare IPO.

The P/E ratio of Galaxy Medicare Limited’s share is 17.28, and its Earnings Per Share (EPS) stands at 3.12. Thus, the Galaxy Medicare Limited IPO is expected to deliver gains on its tentative listing date, 17th September 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Galaxy Medicare Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Galaxy Medicare IPO Subscription Status

The Galaxy Medicare IPO is scheduled to open for bidding on September 10, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Galaxy Medicare IPO subscription status. 

About Galaxy Medicare Limited

Galaxy Medicare was established 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 materials that are procured from the authentic vendors of the market. The company specialises 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 orthopaedic items.

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. 

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.

Galaxy Medicare IPO Bidding Requirements

Investors can bid for a minimum of 145 shares and in multiples of shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Galaxy Medicare IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Galaxy Medicare IPO Promoter Holding

Have a look at the table below to check the holdings of Galaxy Medicare Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim of the Galaxy Medicare IPO

The primary aim of the Galaxy Medicare IPO is to raise ₹22.31 crores. On the other hand, Galaxy Medicare has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Galaxy Medicare IPO.

• To fund the Capital Expenditure requirement towards the purchase of machinery for the existing manufacturing facility at Bhubaneshwar, Odisha
• To fund the working capital requirements
• To General Corporate Purposes
• To meet the offer-related expenses

Should I Invest in the Galaxy Medicare IPO?

Explore the pros and cons of Galaxy Medicare to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

   Pros of Galaxy Medicare IPO

• Galaxy Medicare has industry longevity and operational expertise.
• The company has reasonable quality assurance and certification.
• The company has a substantial revenue and a strong profit growth trajectory.
•  The company has diversified business manufacturing lines.

Cons of Galaxy Medicare IPO

• Galaxy Medicare has financial margins and limited scale.
• The company has an SME IPO category and market risks.
• The company has moderate profitability and margin concerns.

How to Apply for the Galaxy Medicare IPO?

Check the steps mentioned below to apply for Galaxy Medicare Limited.

• Step 1: Conduct thorough research on the Galaxy Medicare IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for two lots of 4,000 shares worth ₹2,16,000.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Galaxy Medicare IPO from more than one demat account to increase your chances of allotment. 

How to Check Galaxy Medicare IPO Allotment Status?

You can check whether the Galaxy Medicare IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Galaxy Medicare IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Galaxy Medicare IPO allotment status.

Let’s Wrap

The Galaxy Medicare IPO is a book-building issue of shares worth ₹22.31 crore. The shares of Galaxy Medicare Limited will be listed on NSE and SSE on its tentative listing date of 17th September 2025. Researching the Galaxy Medicare IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Galaxy Medicare IPO

How is the Galaxy Medicare IPO?

Ans. Currently, on 8th September 2025, the Galaxy Medicare IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹54.00 per share. It is a bookbuilding IPO of ₹22.31 crores, comprising a fresh issue of 0.33 crore shares and offer for sale of 0.08 crore shares. The face value of each share of Galaxy Medicare Limited is ₹1 per share.

What is the Galaxy Medicare IPO price?

Ans. The Galaxy Medicare IPO price is set at ₹51.00 to ₹54.00 per share.  Retail investors can apply for a minimum of 2 lots consisting of 4,000 shares worth ₹2,16,000. Moreover, HNIs are required to bid for a minimum of 3 lots (6,000 shares) worth ₹3,24,000.

Is the Galaxy Medicare IPO good?

Ans. 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.

Who is the registrar of the Galaxy Medicare IPO?

Ans. MUFG Intime India Private Limited is the registrar of the Galaxy Medicare IPO, responsible for managing the IPO allotment procedure and refund initiation. For any queries regarding the Galaxy Medicare allotment and refund, please contact Bigshare Services Private Limited at cameo@cameoindia.com or +91-44-28460390.

What is the issue size of the Galaxy Medicare IPO?  

Ans. Galaxy Medicare IPO is a bookbuilding IPO for 0.33 crore shares worth ₹22.310 crores. Moreover, the IPO is set to open on 10th September  2025 and will be closed on 12th September 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Galaxy Medicare IPO, download the Galaxy Medicare IPO RHP and Galaxy Medicare IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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