galaxy medicare limited

galaxy medicare limited

GML • ISIN: INE09A801015

NSE
SME

Listing Price: ₹54

+0.00% Gain
About Company

Incorporated in July 1992, Galaxy Medicare Limited manufactures and exports medical devices, POP bandages, and surgical dressings in India.

The company manufactures these products using premium grade raw material that is procured from the authentic vendors of the market.

The company specializes in various products, including surgical dressings, plaster of Paris bandages, adhesive tapes, compression bandages, and wound care solutions.

Their offerings meet diverse medical needs, including gauze products and orthopedic items.

The company's business includes the following:-


Manufacturing and branding for flagship brands: POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE, GYPSONET, GYPSOCHLOR, FIXCAN ETC.;
OEMs source components, design, manufacture, and test quality according to brand owners' specifications under Principal-to-Principal basis;
Institutional sales via government tenders on GEM Portal;
Exporting its products internationally and trading surgical devices dressings.


The company has 27 registered trademarks in India, serving domestic and international markets.

The company's products are accepted by the medical community and supplied throughout India to government health departments, corporate hospitals, and private entities.

The company complies with ISO 9001:2015 and ISO 13485:2016 certifications, ensuring that its products meet the rigorous demands of healthcare institutions.

As of March 2025, the company has 190 employees in various departments.

Competitive Strength:


Experienced Leadership and Skilled Management Team.
Established reputation and customer relationships.
Focus on consistently meeting quality standards.
Well Established Manufacturing Facility with Wide Range of Products.
In-house Quality Assurance (QA) / Quality Control (QC) and Research & Development for quality control.
International market Presence.

Investment Objective

. Funding Capital Expenditure requirement towards purchase of machinery for the existing manufacturing facility at Bhubaneshwar, Odisha

Funding the working capital requirements

General Corporate Purposes

To meet the offer related expenses

₹51 to ₹54

Price Band

1.08 L

Min Investment

2000 shares

Lot Size

24.31x

P/E Ratio

Important Dates

Issue Opens

10 Sept 2025

Issue Closes

12 Sept 2025

Allotment

15 Sept 2025

Listing

17 Sept 2025

Subscription Status
QII

Qualified Institutional Investors

1.00x

80,000 / 80,000 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

2.09x

2,136,000 / 1,024,000 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

0.66x

338,000 / 512,000 shares

Retail

Retail Individual Investors

2.10x

4,844,000 / 2,308,000 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeBB
Face Value₹10
Lead ManagersAffinity Global Capital Market Pvt.Ltd.
Min Quantity4,000
Max Quantity9,259
Company Promoters
Mr. Dillip Kumar Das
Mr. Subhasish Das
Mrs. Kiran Das.
Website

http://www.galaxy.in/

Email

CS@galaxymed.co.in

Phone+91 9937000991
Address

Galaxy Medicare Ltd.
Plot No-2, Zone D,
Phase A, Mancheswar Industrial Estate
Khurda
Bhubaneshwar, Odisha, 751010