Medistep Healthcare IPO
Medistep Healthcare IPO
Overview
Medistep Healthcare IPO is a fixed price issue of ₹16.10 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹16.10 crore. Medistep Healthcare IPO bidding opened for subscription on Aug 8, 2025 and will close on Aug 12, 2025. The allotment for the Medistep Healthcare IPO is expected to be finalized on Aug 13, 2025. Medistep Healthcare IPO will list on NSE SME with a tentative listing date fixed as Aug 18, 2025. Medistep Healthcare IPO price is ₹43.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹2,58,000.00 (6,000 shares). The minimum lot size investment for HNI is 3 lots (9,000 shares), amounting to ₹3,87,000. Fast Track Finsec Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company isNirman Share Brokers Pvt.Ltd..
Total Shares
37,44,000
Issue Size
₹16.10 Cr
Price Band
₹43 – ₹43
Lot Size
3000 shares
Min. Investment
₹2,58,000
Max. Investment
₹2,58,000
Open Date
08 Aug, 2025
Close Date
12 Aug, 2025
Allotment
13 Aug, 2025
Listing
18 Aug, 2025
Max. Investment
₹2,58,000
Announced
08 Aug, 2025
Opening Date
08 Aug, 2025
Closing Date
12 Aug, 2025
Basis of Allotment
13 Aug, 2025
Initiation of Refunds
14 Aug, 2025
Credit of Shares
14 Aug, 2025
Listing Date
18 Aug, 2025
Live GMP
Est. Listing: ₹55
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About Medistep Healthcare IPO
Incorporated in June 2023, Medistep Healthcare Limited is a pharmaceutical company producing sanitary pads, energy powder, and various pharmaceutical, nutraceutical, intimate, and surgical products. They are committed to quality and seek to expand their product line as a public, non-government company.
The product includes the followings:-
- Sanitary Pads: Medistep produces high-quality sanitary pads, addressing essential feminine hygiene needs.
- Energy Powder:
Medistep Healthcare IPO Share Price
Issue Breakdown
Shareholding
Dilution: 35.8% increase in shares
Medistep Healthcare IPO Promoters Holding
Medistep Healthcare IPO Financial Health
Medistep Healthcare Ltd.'s revenue increased by 57% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2025 and March 31, 2024.
Medistep Healthcare IPO Lot Size
Investors can bid for a minimum of 3,000 shares and in multiples of 1,500 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 6000 | ₹2,58,000 |
| Individual investors (Retail) (Max) | 2 | 6000 | ₹2,58,000 |
| HNI (Min) | 3 | 9000 | ₹3,87,000 |
(All values in CR)
Medistep Healthcare IPO Valuations
The market capitalization of Medistep Healthcare IPO is ₹61.10 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 29.06 |
| ROCE | 38.91 |
| RoNW | 29.06 |
| PAT Margin | 8.35 |
| EBITDA Margin | 11.27 |
| Price to Book Value | 2.67 |
(All values in CR)
Medistep Healthcare IPO Strength & Risk
Medistep Healthcare IPO Strength:
Revenue grew to ₹49.65 Cr in FY25 from ₹39–45 Cr in FY24.
Net profit increased to ₹4.14 Cr in FY25 from ₹3.33 Cr in FY24.
High RoE (44.4%) and RoCE (59.1%) indicating strong returns.
Lean cost-efficient team structure with only 9 full-time employees.
Diverse product portfolio including pharma, nutraceuticals, surgical & hygiene products.
Promoters hold 93.6% pre-IPO stake, showing strong promoter confidence.
Plans to expand manufacturing capacity and distribution network.
Consistent profit growth with efficient margin management.
Medistep Healthcare IPO Risk:
Heavy dependence on Gujarat region with limited geographic spread.
No long-term contracts with suppliers or customers.
Operational risk due to reliance on a single manufacturing unit.
Raw material price volatility may affect margins.
Negative cash flows from investing activities in FY24.
Regulatory compliance risk in healthcare product approvals and licensing.
Liquidity constraints may impact future expansion plans.
Medistep Healthcare IPO Subscriptions Status
Medistep Healthcare IPO subscribed 382.14 times. The public issue subscribed 461.11 times in the individual investors category, [.] times in QIB (Ex Anchor), and 289.15 times in the NII category by August 12, 2025 6:20:00 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,89,000 | 1,89,000 | 0.81 |
| Non-Institutional Buyers | 289.15 | 17,76,000 | 51,35,28,000 | 2 |
| Individual Investors (IND category bidding for 2 Lots) | 461.11 | 17,79,000 | 82,03,20,000 | 3 |
| Total | 382.14 | 35,55,000 | 1,35,85,11,000 | 5 |
Medistep Healthcare IPO GMP
Medistep Healthcare SME IPO last GMP is ₹12, last updated Aug 14th 2025 05:57 PM. With the price band of 43.00, Medistep Healthcare SME IPO's estimated listing price is ₹55 (cap price + today's GMP).The expected percentage gain/loss per share is 27.91%. >> Medistep Healthcare SME IPO Retail Subject to Sauda: ₹27400 The lowest GMP is ₹12.00, while the highest GMP is ₹20.00.
Last updated 14 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 14 Aug, 2025 | 43 | ₹12 | 27400 | ₹55 (27.91%) | 36000 | 14 Aug, 2025 |
| 13 Aug, 2025 | 43 | ₹12▼ | 27400 | ₹55 (27.91%) | 36000 | 13 Aug, 2025 |
| 12 Aug, 2025 | 43 | ₹13 | 29600 | ₹56 (30.23%) | 39000 | 12 Aug, 2025 |
| 11 Aug, 2025 | 43 | ₹13▼ | 29600 | ₹56 (30.23%) | 39000 | 11 Aug, 2025 |
| 10 Aug, 2025 | 43 | ₹20▲ | 45600 | ₹63 (46.51%) | 60000 | 10 Aug, 2025 |
| 09 Aug, 2025 | 43 | ₹18 | 41000 | ₹61 (41.86%) | 54000 | 09 Aug, 2025 |
| 08 Aug, 2025 | 43 | ₹18▲ | 41000 | ₹61 (41.86%) | 54000 | 08 Aug, 2025 |
| 07 Aug, 2025 | 43 | ₹17▲ | 38800 | ₹60 (39.53%) | 51000 | 07 Aug, 2025 |
| 06 Aug, 2025 | 43 | ₹12 | 27400 | ₹55 (27.91%) | 36000 | 06 Aug, 2025 |
| 05 Aug, 2025 | 43 | ₹12 | 13700 | ₹55 (27.91%) | 18000 | 05 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Medistep Healthcare IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Medistep Healthcare IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.