Galaxy Medicare IPO GMP, Price, Date & Review
11 September 2025 · Sachin Gadekar
Everything you need to know about Galaxy Medicare IPO before investing

Galaxy Medicare IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | September 10, 2025 |
| IPO Close Date | September 12, 2025 |
| Basis of Allotment | September 15, 2025 |
| Refunds Initiation | September 16, 2025 |
| Credit of Shares | September 16, 2025 |
| Listing Date | September 17, 2025 |
| UPI Mandate Confirmation | September 12, 2025, 5 PM |
Galaxy Medicare IPO Lot Size & Investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,16,000 |
| Retail (Max) | 2 | 4,000 | ₹2,16,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,24,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,80,000 |
Galaxy Medicare IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 2,08,000 | 5.03% |
| QIB | 80,000 | 1.94% |
| NII (HNI) | 15,36,000 | 37.17% |
| Retail | 23,08,000 | 55.86% |
| Total | 41,32,000 | 100% |
Galaxy Medicare Financial Performance (₹ in Crores)
| Particulars | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|
| Assets | ₹31.49 Cr | ₹32.53 Cr | ₹32.31 Cr |
| Total Income | ₹40.27 Cr | ₹36.94 Cr | ₹32.03 Cr |
| PAT | ₹3.37 Cr | ₹3.71 Cr | ₹1.57 Cr |
| EBITDA | ₹4.58 Cr | ₹5.26 Cr | ₹3.14 Cr |
| Net Worth | ₹18.36 Cr | ₹15.54 Cr | ₹11.94 Cr |
| Borrowings | ₹4.61 Cr | ₹8.12 Cr | ₹9.15 Cr |
Galaxy Medicare Key Performance Indicators (KPI)
| KPI | Values |
|---|---|
| Market Cap | ₹81.93 Cr |
| ROE | 19.88% |
| ROCE | 22.38% |
| Debt/Equity | 0.25 |
| RoNW | 18.35% |
| PAT Margin | 8.60% |
| EBITDA Margin | 11.69% |
| Price to Book Value | 3.49 |
Galaxy Medicare IPO Review – Should You Invest?
The Galaxy Medicare IPO review highlights both strengths and risks. On the positive side, the company has a strong product portfolio, certifications, and established domestic and international market presence. However, declining profits in FY2025 despite revenue growth raise concerns over margin sustainability.
For investors tracking Galaxy Medicare IPO listing price, the grey market premium suggests potential listing gains. However, long-term investors must evaluate operational efficiency and growth potential in the competitive medical devices market.
FAQs on Galaxy Medicare IPO
Q1. What is the Galaxy Medicare IPO GMP today?
The Galaxy Medicare IPO GMP is trending in a positive range, suggesting possible listing gains. However, GMP is unofficial and subject to change.
Q2. What is the Galaxy Medicare IPO price band?
The price band is set at ₹51 to ₹54 per share.
Q3. What are the Galaxy Medicare IPO subscription dates?
The IPO opens on September 10, 2025 and closes on September 12, 2025.
Q4. How much is the minimum investment for Galaxy Medicare IPO?
Retail investors need to invest at least ₹2,16,000 (4,000 shares).
Q5. When will Galaxy Medicare IPO list?
The tentative listing date is September 17, 2025 on NSE SME.
Conclusion
The Galaxy Medicare IPO offers an opportunity to invest in a healthcare company with decades of experience, a strong product range, and established credibility. While short-term gains may be possible given the positive GMP trend, investors should weigh financial risks before subscribing.
At Ultra, we help investors explore such opportunities across IPOs, pre-IPOs, unlisted shares, and alternative investments. If you’re looking to diversify your portfolio, visit Ultra and discover curated investment options.
Introduction
The Galaxy Medicare IPO has generated significant investor attention as it opens for subscription in September 2025. With a combination of fresh issue and offer for sale, the IPO aims to raise ₹22.31 crores and will be listed on NSE SME. Investors are closely tracking the Galaxy Medicare IPO GMP (Grey Market Premium), which serves as an early indicator of listing expectations.
In this detailed Galaxy Medicare IPO review, we will cover the IPO price, lot size, subscription dates, financial performance, strengths, risks, and overall investment outlook.
Galaxy Medicare IPO Details
| Particulars | Details |
|---|---|
| IPO Opening Date | September 10, 2025 |
| IPO Closing Date | September 12, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹51 to ₹54 per share |
| Lot Size | 2,000 shares |
| Total Issue Size | 41,32,000 shares (₹22.31 Cr) |
| Fresh Issue | 33,00,000 shares (₹17.86 Cr) |
| Offer for Sale | 8,24,000 shares (₹4.45 Cr) |
| Market Maker | Prabhat Financial Services Ltd. |
| Listing At | NSE SME |
| Registrar | Cameo Corporate Services Ltd. |
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