
✓
Open
10 Sep 2025
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Close
12 Sep 2025
3
Allotment
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Listing
Wed, Sep 17, 2025
Price Band
₹51 to ₹54
Issue Size
41,32,000 shares (agg. up to ₹22 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Sep 17, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
17-09-2025₹0Est. ₹54+0%
16-09-2025₹0Est. ₹54+0%
15-09-2025₹0Est. ₹54+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.30x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 31.49 | 32.53 | 32.31 |
| Total Income | 40.27 | 36.94 | 32.03 |
| Profit After Tax | 3.37 | 3.71 | 1.57 |
| EBITDA | 4.58 | 5.26 | 3.14 |
| NET Worth | 18.36 | 15.54 | 11.94 |
| Reserves and Surplus | 12.29 | 9.51 | 14.78 |
| Total Borrowing | 4.61 | 8.12 | 9.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Osel Devices Ltd. | SME | ₹70.66 Cr | ₹160 | 14.36 | ₹207.95 | +29.97% | ₹369.90 |
| Laxmi Dental Ltd. | Mainboard | ₹698.06 Cr | ₹428 | 87.77 | ₹550.55 | +28.63% | ₹199.25 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure requirement towards purchase of machinery for the existing manufacturing facility at Bhubaneshwar, Odisha | 4.89 |
| 2 | Funding the working capital requirements of the Company | 8.94 |
| 3 | General Corporate Purposes | 2.25 |
| 4 | To meet the Offer Related Expenses | 2.23 |
| Total | 18.31 |
About Galaxy Medicare IPO
Updated on Aug 5, 2026
Contact Details
Galaxy Medicare Ltd. AddressPlot No-2, Zone DPhase A, Mancheswar Industrial EstateKhurdaBhubaneshwar, Odisha, 751010+91 9937000991CS@galaxymed.co.inVisit Website