Galaxy Medicare Ltd

Galaxy Medicare Ltd IPO

Galaxy Medicare Ltd IPO Price Range is ₹51 - ₹54, with a minimum investment of ₹1,08,000 for 4000 shares per lot.

Subscription Rate

0.74x

as on 11 Sep 2025, 03:27PM IST

Minimum Investment

₹1,08,000

/ 4000 shares

IPO Status

Live

Price Band

₹51 - ₹54

Bidding Dates

Sep 10, 2025 - Sep 12, 2025

Issue Size

₹22.31 Cr

Lot Size

4000 shares

Min Investment

₹1,08,000

Listing Exchange

NSE

Galaxy Medicare Ltd IPO Application Timeline

passed
Open Date10 Sep 2025
upcoming
Close Date12 Sep 2025
Allotment Date15 Sep 2025
Listing Date17 Sep 2025

IPO Subscription Status

as on 11 Sep 2025, 03:27PM IST

IPO subscribed over

🚀 0.74x

This IPO has been subscribed by 0.605x in the retail category and 1x in the QIB category.

Subscription Rate

Total Subscription0.74x
Retail Individual Investors0.605x
Qualified Institutional Buyers1x
Non Institutional Investors1.029x

Strengths and Risks

Strengths

Strengths

  • Organizational stability along with management expertise.

  • Established reputation and customer relationships.

  • Focus on consistently meeting quality standards.

  • International Presence.

  • Well Established Manufacturing Facility designed for wide range of products.

  • Experienced Management Team and a motivated and efficient workforce.


Risks

Risks

  • The company is supplying to certain key customers, from whom its derives a significant portion of the company revenues. The loss of any significant customer may have a material and adverse effect on its business and results of operations.

  • The comapny is highly dependent on its suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of the raw materials, or an increase in its raw material costs and other input costs, may adversely affect the pricing and supply of the products with subsequently having an adverse effect on the business, results of operations and financial conditions of the company.

  • The Company, the Directors, and the Promoters is parties to certain legal proceedings. Any adverse decision in such proceedings may have adverse effect on its business, prospects, results of operations and financial condition.

  • There have been instances of delay in filing of Goods and Service Tax (GST) returns, Employee State Insurance (ESI) Returns, return of Tax Deducted at Source (TDS) dues and in payment of Provident Fund dues.

  • Inventories and trade receivables form a major part of the current assets. Failure to manage the company inventory and trade receivables could has an adverse effect on its net sales, profitability, cash flow and liquidity.

  • The company is dependent on its promoters and senior management and other key personnel, and the loss of, or its inability to attract or retain, such persons could affect of the business, results of operations, financial condition and cash flows.

  • The Proliferation of Look-alike Products in the Market poses a risk on its reputation and brand name.

  • The company derives a substantial amount of its revenue from exports and the exports is exposed to potential financial, economic, political and other risks of international markets.

  • Its cost of production is exposed to fluctuations in the prices of the major raw material.

  • Any delay, interruption or reduction in the supply of raw materials to manufacture of the products may adversely affect its business, results of operations, cash flows and financial condition.

How to Apply for Galaxy Medicare Ltd IPO on INDmoney

  1. Download the INDmoney app and complete your KYC.
  2. Go to INDstocks → IPO, or just search “IPO”.
  3. Tap on Galaxy Medicare Ltd IPO from the list of live IPOs.
  4. View key details like price band, lot size, and dates.
  5. Tap Apply Now and choose your number of lots.
  6. Use INDpay UPI for instant mandate tracking.
  7. Your funds will be blocked until the share allotment is finalized.

About Galaxy Medicare Ltd

Our Company Galaxy Medicare Limited is into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India.

Frequently Asked Questions of Galaxy Medicare Ltd IPO

What is the size of the Galaxy Medicare Ltd IPO?

The size of the Galaxy Medicare Ltd IPO is ₹22.31 Cr.

What is the allotment date of the Galaxy Medicare Ltd IPO?

Galaxy Medicare Ltd IPO allotment date is Sep 15, 2025 (tentative).

What are the open and close dates of the Galaxy Medicare Ltd IPO?

The Galaxy Medicare Ltd IPO will open on Sep 10, 2025 and close on Sep 12, 2025

What is the lot size of Galaxy Medicare Ltd IPO?

The lot size for the Galaxy Medicare Ltd IPO is 2000.

When will my Galaxy Medicare Ltd IPO order be placed?

Your Galaxy Medicare Ltd IPO order will be placed on Sep 10, 2025

Can we invest in Galaxy Medicare Ltd IPO?

Yes, once Galaxy Medicare Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Galaxy Medicare Ltd IPO?

The potential listing gains on the Galaxy Medicare Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Galaxy Medicare Ltd IPO?

'Pre-apply' for Galaxy Medicare Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.