Galaxy Medicare IPO

1.16x

subscribed

Galaxy Medicare IPO

Hospital & Healthcare Services
open
₹2.04LMin. investment
  1. Pre-apply
    9 Sep
  2. Bid start
    10 Sep
  3. Bid end
    12 Sep
  4. Allotment
    15 Sep
  5. Release of funds
    16 Sep
  6. Demat transfer
    16 Sep
  7. Listing
    17 Sep

About Galaxy Medicare Limited

SectorHospital & Healthcare Services
Price range₹51.00 – ₹54.00
IPO type
SME
Lot size2000 shares
Issue size₹22Cr
Red Herring Prospectus
Read
Market Cap
₹81.93CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹39.2CrLower than sector avg
Growth rate3Y CAGR
7.91%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Compare

Companies in this sector
Max Healthcare Institute LtdMax Healthcare Institute Ltd
Apollo Hospitals Enterprise LtdApollo Hospitals Enterprise Ltd
Fortis Healthcare LtdFortis Healthcare Ltd
Revenue
Higher revenue means strong sales and good market demand
This IPO
₹39.2Cr
This sector
₹810.55Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹3.37Cr
This sector
₹87.66Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹81.93Cr
This sector
₹10,075.9Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
19.01
This sector
55.14
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.25
This sector
0.40
Compare with companies

Objectives

Working Capital requirements
50.06%
Capital Expenditure
27.38%
General corporate purposes
22.60%

About Galaxy Medicare Limited

Incorporated in 1992, Galaxy Medicure operates as a manufacturer, trader, and exporter of medical devices, specialising in Plaster of Paris Bandages (POP Bandage) and other surgical dressings in India. In FY25, the company derives 88.64% of revenue from private customers and 11.36% from government sales. Its core products are POP Bandage B.P. and Elastic Adhesive Bandage B.P., which contributed 57.17% and 31.85% of FY25 revenue, respectively. Galaxy Medicure holds 25 registered trademarks in India for its product brands. The company has a strong export presence across multiple countries, with Bangladesh being the largest export market, contributing ₹7.24 crore in FY25. The company has a distribution network with 81 distributors across 12 states in FY25.

IPO Subscription Status

Date
QIB
NII
Retail
Total
10-Sep-25
1.0 times (X)
0.66 times (X)
0.33 times (X)
0.47 times (X)
11-Sep-25
1.0X
1.18X
0.71X
0.9X
12-Sep-25 (Today)
1.0X
1.29X
1.07X
1.16X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Galaxy Medicare IPO ?

The issue size of the Galaxy Medicare IPO is 22 Cr.

What is 'pre-apply' for Galaxy Medicare IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Galaxy Medicare IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.

Bidding closes today at 5:00 PM