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Galaxy Medicare

17 Sep '25SME

Min. Investment

₹2,04,000

Issue size

₹22.31 Cr

GMP

Locked

Overall subscription: 1.72x

Check allotment status
Locked Content
About company
IPO dates

10 Sep

Opening

12 Sep

Closing

15 Sep

Allotment

17 Sep

Listing

*Refunds will be initiated on 16 Sep '25

About company

IPO quota

ApplicationLotsSharesAmount
Retail (Min)24000₹2,16,000
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About company

Subscription (as on 08 November 2025, 08:30 AM)

Overall1.72x
QIB IconQualified institutional buyers
1x
NIB IconNon-Institutional Buyers
1.59x
Retail IconRetail Investors
1.99x
Employee IconEmployee
-
About company

About company

Founded: 1992|MD: Mr Dillip Kumar Das
  • Galaxy Medicare Limited is engaged in the manufacturing, trading, and exporting of medical devices, plaster of Paris (POP) bandages, and other surgical dressings. Incorporated in 1992 in Bhubaneswar, Odisha, the company began operations by reviving a closed industrial unit under state-supported initiatives.
  • Its business activities include producing and branding its products under various names such as POP band, POP cast, G cast, Gypsosoft, Caretape, Carecrepe, and Fixcan, among others. The company also operates as an original equipment manufacturer (OEM), undertakes institutional sales to government departments through tenders, exports to markets including Bangladesh and Nepal, and engages in trading medical devices and surgical dressings.
  • The company’s manufacturing facility is located at Mancheswar Industrial Estate in Bhubaneswar, Odisha. Galaxy Medicare supplies its products across India and international markets.
About company

Issue Details & Objective

Fresh issue

Lot size

2000 Shares

Price band

₹51 to 54

Face value

₹10 per share

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About company
Financials
Revenue
Value in Cr.
Profit
Value in Cr.
Total assets
Value in Cr.
About company
IPO reservation

QIB - 1.94%

HNI - 37.17%

Retail - 55.86%

About companyDownload DRHP (IPO Doc)
FAQs

Should I apply for the Galaxy Medicare IPO?

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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.

What is the issue size of Galaxy Medicare IPO?

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The issue size of Galaxy Medicare IPO is ₹22.31 Cr

What are the open and close dates for Galaxy Medicare IPO?

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The Galaxy Medicare IPO will be open for applications from 10 Sep '25 to 12 Sep '25

What is the lot size and minimum order quantity of Galaxy Medicare IPO?

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The lot size of Galaxy Medicare IPO is 2000 Shares and its minimum investment amount is ₹2,04,000.

What is the GMP value of Galaxy Medicare IPO?

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Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Galaxy Medicare IPO is 5.56
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