Medistep Healthcare Limited
Fixed Price IPO · NSE
- Price band
- ₹43 - ₹43
- Lot size
- 3,000 shares
- Issue amount
- ₹16.1 cr
- Total subscription
- 382.23×
- Opens
- 8 Aug 2025
- Closes
- 12 Aug 2025
- Allotment
- 13 Aug 2025
- Listing
- 18 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 37,44,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,29,000
- Fresh issue
- ₹16.1 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,29,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 1,04,65,546
- Shares after issue
- 1,42,09,546
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 6,000 | ₹2,58,000 |
| sHNI | 3 | 9,000 | ₹3,87,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 37 |
| NIB | 0 | 29,373 |
| RETAIL | 296 | 1,36,738 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0 | 106.05 |
| RETAIL | 7.65 | 3,527.84 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.01 | 19.96 | 0 |
| ROE | 29.06 | 44.44 | 131.24 |
| ROCE | 38.91 | 59.1 | 109.62 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 10.86 | 0 | 0 |
| POST IPO(PE) | 14.74 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Medistep Healthcare Limited, established in June 2023, is a pharmaceutical company involved in the production and trading of a variety of health and wellness products, including sanitary pads, energy powders, pharmaceutical and nutraceutical items, intimate care products, and surgical supplies. Focused on quality and growth, the company aims to expand its offerings as a public, non-government entity. As of December 30, 2024, it reported annualized revenue of ₹45 crore and a profit of ₹4.08 crore. The company had nine full-time employees, while additional labor needs are met through daily wage workers, with no contractual staff.
Strengths
- Strong Leadership: Led by promoters with an experienced management team
- High Cost Savings: Achieves efficiency through large-scale production and streamlined supply chain
- Wide Product Range: Offers both in-house made and traded products in healthcare segments
Risk factors
- Regional Dependence: Heavy reliance on Gujarat market increases exposure to local risks
- Facility Dependency: Any disruption at the manufacturing unit can affect overall operations
- Supplier Reliance: Dependence on domestic third-party raw material suppliers may cause delays or shortages
Promoters
Girdhari Lal Prajapat
Dabhi Vipul Gobarbhai
Prajapati Hetalben Girdharilal
Registrar & documents
Lead manager
Fast Track Finsec Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
05, S. No-245/B, Plot-19, T.P.S. 56, Free Way Trade Center, Nr.A-One Hotel N.H.-8 Narol Gam, Narol Daskroi, Ahmedabad, Gujarat, 382405
+91 87808 46963
[email protected]Company website ↗Understanding MEDISTEP IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.