The Galaxy Medicare Ltd IPO date has been confirmed from September 10, 2025, and closes on September 12, 2025. Read the post to learn about Galaxy Medicare Ltd IPO GMP.
Galaxy Medicare IPO is a book build issue of ₹22.31 crores. The issue is a combination of fresh issue of 0.33 crore shares aggregating to ₹17.86 crores and offer for sale of 0.08 crore shares aggregating to ₹4.45 crores. Galaxy Medicare IPO price band is set at ₹51.00 to ₹54.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,16,000.00 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,24,000.
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Bidding Dates
Sept 10 – Sept 12Price Range
₹51 to ₹54 per shareFace Value
₹10 per shareGMP
₹0Galaxy Medicare Ltd IPO GMP
The Galaxy Medicare Ltd IPO GMP Today is ₹0.
IPO Overview
Galaxy Medicare IPO opens for subscription on Sep 10, 2025 and closes on Sep 12, 2025. The allotment for the Galaxy Medicare IPO is expected to be finalized on Sep 15, 2025. Galaxy Medicare IPO will list on NSE SME with a tentative listing date fixed as Sep 17, 2025.
Galaxy Medicare Ltd IPO Details
| IPO Date | September 10, 2025 to September 12, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹51 to ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 41,32,000 shares (aggregating up to ₹22.31 Cr) |
| Reserved for Market Maker | 2,08,000 shares (aggregating up to ₹1.12 Cr) |
| Fresh Issue (Ex Market Maker) | 31,00,000 shares (aggregating up to ₹16.74 Cr) |
| Offer for Sale | 8,24,000 shares of ₹10 (aggregating up to ₹4.45 Cr) |
| Net Offered to Public | 39,24,000 shares (aggregating up to ₹21.19 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,18,63,983 shares |
| Share Holding Post Issue | 1,51,71,983 shares |
Galaxy Medicare Ltd Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 31.9 | 32.53 | 32.31 | 30.46 |
| Total Income | 17.78 | 36.94 | 32.03 | 30.74 |
| Profit After Tax | 1.71 | 3.71 | 1.57 | -0.21 |
| Net Worth | 16.68 | 15.54 | 11.94 | 10.38 |
| Reserves and Surplus | 10.63 | 9.51 | 14.78 | 13.36 |
| Total Borrowing | 4.6 | 8.12 | 9.15 | 9.92 |
| Amount in ₹ Crore | ||||
Galaxy Medicare Ltd IPO Timeline
| IPO Open Date | Wed, Sep 10, 2025 |
| IPO Close Date | Fri, Sep 12, 2025 |
| Tentative Allotment | Mon, Sep 15, 2025 |
| Initiation of Refunds | Tue, Sep 16, 2025 |
| Credit of Shares to Demat | Tue, Sep 16, 2025 |
| Tentative Listing Date | Wed, Sep 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 12, 2025 |
Company Profile
Established in 1992, Galaxy Medicare Limited is a leading manufacturer of medical devices and surgical products, certified under ISO 9001:2015 and ISO 13485:2016 for quality and reliability. Specializing in Plaster of Paris bandages and a wide range of surgical dressings, the company ensures premium-grade production using authentic raw materials, advanced techniques, and modern technology. With a skilled team, strong quality control, and timely delivery, Galaxy Medicare is committed to offering internationally accepted products at competitive prices.
Registrar Info
| Name | Cameo Corporate Services Ltd. |
| Phone number | +91-44-28460390 |
| Email ID | investor@cameoindia.com |
| Website | https://ipo.cameoindia.com/ |
Contact Details
| Name | Galaxy Medicare Limited |
| Phone number | +91 9937000991 |
| Email ID | CS@galaxymed.co.in |
| Website | http://www.galaxy.in/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Galaxy Medicare Ltd IPO FAQs
When Galaxy Medicare IPO will open?
The Galaxy Medicare IPO opens on September 10, 2025 and closes on September 12, 2025.
What is the lot size of Galaxy Medicare IPO?
Galaxy Medicare IPO lot size is 2000, and the minimum amount required for application is ₹2,16,000, with 2 lots being the minimum application size.
When is Galaxy Medicare IPO listing date ?
The Galaxy Medicare IPO listing date is not yet announced. The tentative date of Galaxy Medicare IPO listing is Wednesday, September 17, 2025.
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