58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Galaxy Medicare Limited IPO (Galaxy Medicare IPO) Detail

Galaxy Medicare IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Bhubaneswar and caters to Healthcare sector. Affinity Global Capital Market is the merchant banker of Galaxy Medicare IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th March 2025.

Galaxy Medicare IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME Upcoming
Exchange : NSE EMERGE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 0.00 Cr. Avg IPO Size (Sector Based) : ₹ 25.58 cr.
  • Sector: Healthcare SME IPO so far: 43
  • Merchant Banker: Affinity Global SME IPO by BRLM so far: 4
  • City: Bhubaneswar SME IPO so far: 1
  • Revenue (annualised): ₹ 35.56 cr.
            (annualised): ₹ 3.42 cr.
  • PE Ratio: x Average Sector PE Ratio: 19.30x

Galaxy Medicare IPO Date

Date of DRHP:
13th March 2025
IPO Allotment Date:
[●]
IPO Open Date:
[●]
Initiation of Refund:
[●]
IPO Closing Date:
[●]
IPO Listing Date:
[●]

Galaxy Medicare IPO Info, Size, Subscription

Galaxy Medicare IPO size is ₹ 0.00 Cr. with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 0.00 Cr.

Issue Price:
[●]

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
[●]

Galaxy Medicare IPO Information

Sub Sector : Trading and exporting of Medical Devices
Galaxy Medicare Limited is into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Their business encompass: 1. Manufacturing and Branding of their own products under their flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.; 2. Original Equipment Manufacturers (“OEMs”) ranging from sourcing of components, designing, manufacturing, quality testing as per the specifications provided by certain brand owners on Principal-to-Principal basis; 3. Institutional sale to various Government Department through participation in tenders on platforms like GEM Portal; 4. Exporting their manufactured product to international markets; and 5. Trading of medical device and other surgical dressings.

Object of Issue (Galaxy Medicare IPO Objectives)

  • Funding Capital Expenditure requirement towards purchase of machinery for their existing manufacturing facility at Bhubaneshwar, Odisha
  • Funding the working capital requirements
  • General Corporate Purposes
  • To meet the Offer expenses

Affinity Global Capital Market Private Limited is the book-running lead manager of the Galaxy Medicare IPO. Cameo Corporate Services Limited is the Registrar for Galaxy Medicare IPO.

Galaxy Medicare IPO Market Maker

[●]

Galaxy Medicare IPO Registrar (RTA)

Cameo Corporate Services Limited

Galaxy Medicare IPO Lead Manager (BRLM)

Affinity Global Capital Market Private Limited

Galaxy Medicare IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Galaxy Medicare IPO?

Galaxy Medicare IPO, based in Bhubaneswar, operates in the   Healthcare sector with a focus on Trading and exporting of Medical Devices. The company is launching its SME Upcoming IPO on the NSE EMERGE exchange, using the Book Building Issue method. Galaxy Medicare IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being Nil

When is Galaxy Medicare IPO allotment?

The IPO allotment date for Galaxy Medicare IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Galaxy Medicare IPO allotment status on the registrars website, Cameo Corporate Services Limited. Galaxy Medicare IPO refund dates are [●].

When is Galaxy Medicare IPO listing date?

Galaxy Medicare IPO is expected to be listed on [●].

What is the price band for Galaxy Medicare IPO?

The upper price band for the Galaxy Medicare IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Galaxy Medicare IPO Review?

For IPO analysis on Galaxy Medicare IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Galaxy Medicare IPO?

To apply for the Galaxy Medicare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Galaxy Medicare IPO is finalised.

Who is the merchant banker of Galaxy Medicare IPO?

The merchant banker for Galaxy Medicare IPO is Affinity Global Capital Market Private Limited . Affinity Global Capital Market Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Galaxy Medicare IPO RHP for further details.

Who is the Registrar of Galaxy Medicare IPO?

The registrar for Galaxy Medicare IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Galaxy Medicare IPO through their official website or helpline.

What is the Galaxy Medicare IPO subscription?

Galaxy Medicare IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: [●] Avg IPO Size (Sector Based) : ₹ 25.58 Cr.
  • Sector: Healthcare SME IPO so far: 43
  • Merchant Banker: Affinity Global SME IPO by BRLM so far: 4
  • City: Bhubaneswar SME IPO so far: 1
  • Revenue (annualised): ₹ 35.56 cr.
            PAT: (annualised): ₹ 3.42 cr.
  • PE Ratio: [●] Average Sector PE Ratio: 19.30x
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FAQs

Galaxy Medicare IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Galaxy Medicare Financial Review Page

Galaxy Medicare IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Galaxy Medicare IPO listed at a listing price of against the offer price of .

The current market price of Galaxy Medicare is .

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