Medistep Healthcare IPO GMP & Review: Apply or Avoid?

Medistep Healthcare IPO is open for bidding from 8th August 2025 to 12th August 2025. It is a bookbuilding IPO of ₹16.10 crore, comprising a fresh issue of 37.44 lakh shares. The issue will be listed on NSE and SME on its tentative listing date, 18th August 2025. 

Medistep Healthcare IPO Details 

The Medistep Healthcare IPO date is fixed between 8th August 2025 and 12th August 2025. The face value of Medistep Healthcare IPO shares stands at ₹10 per share, and the IPO price is set at ₹43 per share.

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

Medistep Healthcare IPO Share Reservation

Medistep Healthcare IPO is a bookbuilding IPO of ₹16.10 crores, comprising a fresh issue of 37.44 crore shares. Medistep Healthcare Limited shares will be listed on the  NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Medistep Healthcare 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 Medistep Healthcare IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 6th August 2025, Medistep Healthcare IPO GMP stands at ₹12 per share, which means the share will likely show a listing at ₹55 on its tentative listing date, 18th August 2025.

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

Medistep Healthcare IPO GMP Review

Check out the detailed Medistep Healthcare IPO GMP review for a thorough understanding of its potential to report listing gains on 18th August 2025. The Medistep Healthcare 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 Medistep Healthcare IPO.

Medistep Healthcare Limited’s revenue increased by 57% from ₹31.63 crores in March 2024 to ₹49.63 crores in March 2025. Moreover, the company’s PAT increased by 42% from ₹2.91 crores to ₹4.14 crores. Investors can analyse other relevant factors and make a decision accordingly.

Medistep Healthcare Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Medistep Healthcare IPO for its tentative listing day, 18th August 2025.  

Technical Analysis

A number of 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 Medistep Healthcare IPO.

The PE ratio of Medistep Healthcare Limited’s share is 10.86, and its Earnings Per Share (EPS) stands at 3.96. Thus, the Medistep Healthcare Limited IPO can potentially deliver gains on its tentative listing date, 18th August 2025. 

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

Medistep Healthcare Peer Comparison

Medistep Healthcare IPO Subscription Status

Medistep Healthcare IPO is to be opened for bidding on 8th August 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Medistep Healthcare IPO subscription status. 

About Medistep Healthcare Limited

Medistep Healthcare Limited was incorporated in June 2023. Medistep Healthcare Limited is a pharmaceutical company that offers a variety of health products that include sanitary pads, pharmaceutical products, nutraceutical products, personal care products, and surgical products. The company has a strong commitment towards excellence, high productivity, and a focus on delivering innovative healthcare products. Medistep Healthcare Limited has raised funds through its IPO for the expansion of its production capacity, innovative production, technology advancement, and quality assurance.

• Experienced Promoters and Management Team.
• Maximise resources for quality supply and cost savings through economies of scale.
• Offers various products, including trading in pharmaceutical and healthcare items, manufacturing DRYSTEP sanitary pads, and VITASTEP Z energy powders.

Medistep Healthcare Limited Financials

The company’s financial analysis is essential before applying for the Medistep Healthcare IPO. Look at the table to learn about Medistep Healthcare Limited’s financials. 

Explanation

Medistep Healthcare Limited’s revenue increased by 57% from ₹31.63 crores in March 2024 to ₹49.63 crores in March 2025. Moreover, the company’s PAT increased by 42% from ₹2.91 crores to ₹4.14 crores. Investors can analyse other relevant factors and make a decision accordingly.

Medistep Healthcare IPO Bidding Requirements

Investors can bid for a minimum of 211 shares in multiples thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Medistep Healthcare IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.

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

Medistep Healthcare IPO Promoter Holding

Have a look at the table below to check the holdings of Medistep Healthcare Limited’s promoters: Girdhari Lal Prajapat, Dabhi Vipul Gobarbhai, Prajapati Hetalben Girdharilal, and Jagdish Prajapati.

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

Aim of Medistep Healthcare IPO

The primary aim of the Medistep Healthcare IPO is to raise ₹16.10 crores. On the other hand, Medistep Healthcare has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Medistep Healthcare IPO.

• To meet the general corporate purpose.
• To prepayment or repayment of borrowings availed by the company.
• To meet the general corporate requirements.
• Funding the capital expenditure towards the purchase of plant and machinery for expansion at the existing facility

Should I Invest in the Medistep Healthcare IPO?

Explore the pros and cons of the Medistep Healthcare IPO 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 Medistep Healthcare IPO

• The company has a diversified business model; they are engaged in both manufacturing and trading.  
• It highly focuses on the quality because of its production capacity.
• The company has robust distribution networks to increase its market share and customer base.
• The company has experienced promoters and a management team with a strong knowledge of healthcare and pharmaceuticals.
• Medistep Healthcare has gained a competitive advantage by investing hugely in technology and production capacity and has a wide range of products.

Cons of Medistep Healthcare IPO

• Healthcare products face intense competition and pricing pressure.
• Regulatory norms are a challenge for companies to manage the quality of healthcare products.
• Highly intense competition from already established pharmaceutical companies.
• Brand awareness of the company is not global.
• For growth or expansion in the healthcare industry, they are reliant on funds and borrowing. 

How to Apply for the Medistep Healthcare IPO?

Check the steps mentioned below to apply for Medistep Healthcare Limited.

• Step 1: Conduct thorough research on the Medistep Healthcare Limited 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 2 lots of 6,000 shares worth ₹2,58,000.

Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

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

Also Read : M&B Engineering IPO GMP: Day 1 IPO Live Updates

How to Check the Medistep Healthcare IPO Allotment Status?

You can check whether the Medistep Healthcare IPO allotment is done 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 Medistep Healthcare 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 Medistep Healthcare IPO allotment status.

Let’s Wrap

Medistep Healthcare IPO is a bookbuilding issue of shares worth ₹16.10 crores. The shares of Medistep Healthcare Limited will be listed on NSE and SME on its tentative listing date of 18th August 2025. Researching the Medistep Healthcare 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 Medistep Healthcare IPO

How is the Medistep Healthcare IPO?

Ans. Currently, on 6th August 2025, the Medistep Healthcare IPO GMP (Grey Market Premium) stands at ₹12. It indicates that the estimated listing price could be ₹55 per share. It is a bookbuilding IPO of ₹16.10 crores, comprising a fresh issue of 37.44 crore shares. The face value of each share of Medistep Healthcare Limited is ₹10. 

What is the Medistep Healthcare IPO price?

Ans. The Medistep Healthcare IPO price is set at ₹43 per share. Retail investors can apply for a minimum of 2 lots consisting of 6,000 shares worth ₹2,58,000. Moreover, HNIs are required to bid for a minimum of 3 lots (9,000 shares) worth ₹3,87,000.

Is the Medistep Healthcare IPO good?

Ans. Medistep Healthcare Limited’s revenue increased by 57% from ₹31.63 crores in March 2024 to ₹49.63 crores in March 2025. Moreover, the company’s PAT increased by 42% from ₹2.91 crores to ₹4.14 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the Medistep Healthcare IPO?

Ans. Cameo Corporate Services Limited is the registrar of the Medistep Healthcare IPO, waiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Medistep Healthcare allotment and refund, you can contact Cameo Corporate Services Limited at cameo@cameoindia.com or +91-44-28460390.

What is the issue size of the Medistep Healthcare IPO? 

Ans. Medistep Healthcare IPO is a bookbuilding IPO for 37.44 crore shares worth ₹16.10 crores. Moreover, the IPO is set to open on 8th August 2025 and will close on 12th August 2025. 

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

Upcoming IPOs

Current & Previous IPOs

Read Our Articles on the Best Stocks

Tech Stocks in India to Invest in 2025 | Tech Sector Stocks 

Best Battery Stocks in India to Invest in 2025 | Battery Sector Stocks 

Best Shipping Stocks in India to Invest in 2025 | Shipping Sector Stocks 

Paint Stocks in India to Invest in 2025 | Paint Sector Stocks 

Paper Stocks in India to Invest in 2025 | Paper Sector Stocks 

Best Semiconductor Stocks in India 2025 

Best Large Cap Stocks in India 2025 

Green Energy Penny Stocks

Best Cement Stocks To Invest in India

Also Explore

Univest Screeners

Explore Webstories on Univest 

1. Best Time To Buy Dividend Stocks

2. How RBI Policies Affect Dividend Stocks

3. Can Dividend Stocks Beat Inflation

4. What Is The Dividend Aristocrat List

5. Which Indian Psus Offer The Best Dividends

6. Large Cap Vs Small Cap Dividend Stocks