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Galaxy Medicare Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Galaxy Medicare Ltd IPO

Registered Office: Plot No.2 Zone-D Phase A,Mancheswar Ind.Est Bhubaneswar , Khurda - 751010 , Orissa , India.
Phone : +91 99370 00991   Fax:
Email :  CS@galaxymed.co.in  
Website :  www.galaxy.com
Initial public offering of up to 41,32,000 equity shares of face value of (Rs)10/- each ("equity shares") of the company for cash at a price of (Rs)54/- per equity share (including a share premium of (Rs)44/- per equity share) ("offer price") aggregating up to (Rs)22.31crores (the "offer") comprising a fresh issue of up to 33,08,000 equity shares aggregating up to (Rs)17.86.crores by the company (the "fresh issue") and an offer for sale of up to 8,24,000 equity shares aggregating up to (Rs)4.45 crores by the promoters selling shareholder, (the "offered shares") (the "offer for sale" and together with the fresh offer, the "offer") of which upto 2,08,000 equity shares aggregating to (Rs)1.12 crores will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e., net offer of upto 39,24,000 equity shares at an offer price of (Rs)54/- per equity share aggregating to (Rs)21.19 crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute 27.23% and 25.86%, respectively of the post offer paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Sep-25 12-Sep-25 (Rs)54.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 16.08
Affinity Global Capital Market Pvt Ltd
Project Financed through Current Offer 22.31  
Post Issue Equity Share Capital 15.17  
Issue Price (Rs)54.00  
 
Projects
Funding capital expenditure requirement towards purchase of machinery for the company existing manufacturing facility atGeneral corporate purposes
Funding the working capital requirements
Promoted By
Dillip Kumar Das  
Subhasish Das  
Kiran Das  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd