Medistep Healthcare IPO

373.30x

subscribed

Medistep Healthcare IPO

Pharmaceuticals & Drugs
listed
₹2.58LMin. investment
  1. Pre-apply
    7 Aug
  2. Bid start
    8 Aug
  3. Bid end
    12 Aug
  4. Allotment
    13 Aug
  5. Release of funds
    14 Aug
  6. Demat transfer
    14 Aug
  7. Listing
    18 Aug

About Medistep Healthcare Limited

SectorPharmaceuticals & Drugs
Price range₹43.00 – ₹43.00
IPO type
SME
Lot size3000 shares
Issue size₹16Cr
Draft Red Herring Prospectus
Read
Market Cap
₹61.1CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹49.65CrLower than sector avg
Growth rate3Y CAGR
21.50%

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

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹49.65Cr
This sector
₹1,331.47Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹4.14Cr
This sector
₹193.4Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹61.1Cr
This sector
₹10,914.84Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
10.72
This sector
60.87
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.04
This sector
0.43
Compare with companies

Objectives

Working capital
76.65%
General corporate purposes
10.19%
Capital expenditure
3.17%

About Medistep Healthcare Limited

Medistep Healthcare is engaged in the trading and manufacturing of pharmaceutical, nutraceutical, surgical, and intimate care products. The business model follows a B2B structure, catering to retail pharmacies, medical practitioners, and healthcare facilities. As of FY25, manufacturing contributed 26.51% to operational revenue, while trading activities contributed 73.49%. Product-wise, intimate care and hygiene products remained the largest revenue contributor with a combined share of over 93.51%. The company operates out of a 371.61 sq. mtr. manufacturing facility in Kheda, Gujarat. Medistep primarily serves the western Indian market, with 100% of FY25 revenue originating from Gujarat.

IPO Subscription Status

Date
QIB
NII
Retail
Total
08-Aug-25
0.0 times (X)
0.01 times (X)
18.66 times (X)
9.34 times (X)
11-Aug-25
0.0X
0.39X
157.28X
78.91X
12-Aug-25
0.0X
6.02X
726.09X
373.3X

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 Medistep Healthcare IPO ?

The issue size of the Medistep Healthcare IPO is 16 Cr.

What is 'pre-apply' for Medistep Healthcare IPO ?

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

Which exchanges will Medistep Healthcare 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.