Galaxy Medicare IPO Subscription Status: Check Subscription Status

Posted by : sachet | Fri Sep 12 2025

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.

Table of Contents

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.