Skip to main content
Medistep Healthcare IPO
373.30xsubscribed

Medistep Healthcare IPO

Pharmaceuticals & Drugs
listed
₹2.58LMin. investment

Medistep Healthcare Limited IPO Details

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%

Medistep Healthcare 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

As on 08-Aug-25, 5:30 PM

Medistep Healthcare IPO Timeline

  1. Pre-apply
    7 Aug 2025
  2. Bid start
    8 Aug 2025
  3. Bid end
    12 Aug 2025
  4. Allotment
    13 Aug 2025
  5. Release of funds
    14 Aug 2025
  6. Demat transfer
    14 Aug 2025
  7. Listing
    18 Aug 2025

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.

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

Objectives of Medistep Healthcare Limited IPO

Working capital
76.65%
The company will utilise ₹12.34 crores towards working capital requirements
General corporate purposes
10.19%
Part of the IPO proceeds will be used for general corporate purposes.
Capital expenditure
3.17%
The company will use ₹0.51 crore to purchase plant and machinery.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹49.65Cr21.50%₹4.14Cr₹61.1Cr10.720.04
This sector (avg.)₹1,331.47Cr0%₹193.4Cr₹10,914.84Cr60.870.43
₹52,578.44Cr---₹10,980.1Cr₹3,82,765.9Cr36.980.03
₹9,360Cr---₹2,191Cr₹1,60,635Cr64.600
₹11,516.09Cr---₹1,911.25Cr₹1,34,051.5Cr62.640.42

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Medistep Healthcare IPO Contact Details

Company NameMedistep Healthcare Limited

How to apply for Medistep Healthcare IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Medistep Healthcare Limited IPO FAQs