GALAXY MEDICARE LIMITED

10 Sep 2025 - 12 Sep 2025 Individual Category SME NSE

Min Investment

₹216000

Price Band

₹51-₹54

Issue Size

41.32 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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10 Sep 2025

Open Date

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12 Sep 2025

Close Date

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15 Sep 2025

Allotment Date

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17 Sep 2025

Listing Date

Galaxy Medicare IPO open date is September 10, 2025, and the closing date is September 12, 2025. This upcoming IPO is offering total issue size of 41.32 lakh equity shares offering a combination of fresh issue and offer for sale. Galaxy Medicare IPO is a book-built issue ipo with issue price band of Rs 51 – Rs 54 per share. Galaxy Medicare IPO allotment status is available on September 15, 2025. Galaxy Medicare IPO lot size is 2000 shares. The minimum investment for retail investors is Rs 2,16,000. The registrar for Galaxy Medicare IPO is Cameo Corporate Services Ltd. Galaxy Medicare IPO listing date is September 17, 2025.

Know Before Investing

Strengths icon

  • ISO 13485:2016 and CE certifications reinforce quality and compliance credibility.
  • Dual revenue streams spanning branded sales OEM supply exports and institutional business.
  • Over three decades of operations build strong brand legacy and customer trust.

Weaknesses icon

  • Export-driven revenues remain vulnerable to global economic and geopolitical shifts.
  • Revenue concentration risk due to dependence on a few key customers.
  • Exposure to raw material price volatility and supply disruptions.

About Galaxy Medicare Limited

Galaxy Medicare Limited, established in 1992, is a manufacturer and exporter of medical devices, headquartered in Bhubaneswar, Odisha. The company specialises in producing plaster of Paris (POP) bandages, adhesive tapes, compression bandages, gauze products, and diverse wound care solutions tailored for hospitals, clinics, and diagnostic centres across India. Leveraging ISO 9001:2015 and ISO 13485:2016 certifications, Galaxy Medicare maintains strict quality standards throughout its product range, utilising advanced materials and technologies for medical consumables.With over 190 employees, the organisation invests in continual research and quality assurance to drive innovation and operational efficiency. Its product portfolio includes several registered brands, notably POP BAND, POP CAST, G CAST, and CARETAPE, recognized in both domestic and international markets. Galaxy Medicare supports institutional healthcare by participating in government tenders and empowering healthcare professionals through training and educational resources. The company's commitment to responsible sourcing and ethical business practices secures its place as a trusted medical supplier in the healthcare ecosystem.

Founded

1992

Managing Director

Dillip Kumar Das

Parent Organization

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IPO Objectives

Galaxy Medicare IPO proposes to utilise the Net Proceeds from the Issue towards funding capital expenditure for the purchase of machinery at its Bhubaneswar facility, meeting working capital requirements, general corporate purposes, and covering offer-related expenses.

Company Promoters

Dillip Kumar Das

Subhasish Das

Kiran Das

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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