IPO Ideas

Go to page

Browse IPO Ideas — market data, blogs, legal pages, and more.

Galaxy Medicare Limited IPO logo

Galaxy Medicare Limited IPO

BBSMENSEListed
Listed at
54
+0.00%

Galaxy Medicare Limited IPO is a SME book building IPO. Price band is ₹51 to ₹54 per share. Minimum investment is ₹2.16 L. Lot size is 2000 shares. Open from 10 Sept 2025 to 12 Sept 2025. Allotment on 15 Sept 2025. Listing on 17 Sept 2025 at NSE. Managed by Affinity Global Capital Market Pvt.Ltd. Registrar: Cameo Corporate Services Limited. Key details for GMP, subscription, price, allotment, and listing in one place.

Official documents: RHP and DRHP.

Galaxy Medicare Limited IPO overview

Galaxy Medicare Limited IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹51 to ₹54
Lot size
2000 shares / lot
Min investment
₹2,16,000
Issue open – close
10 Sept 2025 → 12 Sept 2025

Galaxy Medicare Limited IPO important dates

Issue Opens
10 Sept 2025
Issue Closes
12 Sept 2025
Allotment
15 Sept 2025
Listing
17 Sept 2025

Galaxy Medicare Limited IPO lot size

CategoryLotsSharesAmount
Retail (Min)24,0002,16,000
S-HNI (Min)36,0003,24,000
S-HNI (UPI)48,0004,32,000
S-HNI (Max)918,0009,72,000
B-HNI (Min)1020,00010,80,000

About Galaxy Medicare Limited IPO

From the company / RHP narrative.

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.

Objective of the issue

How the issuer plans to use IPO proceeds.

. 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
Galaxy Medicare Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.

Ratings & reviews

Community ratings and reviews — not financial advice.

No ratings yet — be the first to share your experience.

Loading ratings…

Follow the latest IPO & unlisted research on iOS and Android.

Documents & links

Prospectus, draft filings, and company site open in a new tab.

Registrar

Details about the registrar of the issue.

Registrar Name
Cameo Corporate Services Limited
Phone
4428460390
Address
Cameo Corporate Services Ltd., Subramanian Building # 1, Club House Road, Chennai 600 002 - India

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
10
Lead Managers
Affinity Global Capital Market Pvt.Ltd.
Min Quantity
4,000
Company Promoters
Mr. Dillip Kumar Das,Mr. Subhasish Das,Mrs. Kiran Das.
Phone
+91 9937000991
Address
Galaxy Medicare Ltd. Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate Khurda Bhubaneshwar, Odisha, 751010

Related articles

Research posts and updates that reference this company or theme.

Follow the latest IPO & unlisted research on iOS and Android.