Galaxy Medicare IPO is to open on September 10, 2025. It is a SME IPO that will raise ₹22.31 crores. The Galaxy Medicare IPO price band is fixed at ₹51 to ₹54 with a market lot of 4,000 Shares.
Business Overview
A leading company, Galaxy Medicare, was founded in 1992 and engaged in making and selling, and exporting medical devices, POP bandages, and surgical dressings. Galaxy Medicare has been in business for over 30 years and owns 27 registered trademarks, including popular brands like POP BAND, POP CAST, G CAST, and CARETAPE.
By providing its products to government health departments, major hospitals, and private companies, the company has established a strong and effective presence in India. The company has around 190 employees, with the aim of improvement, product innovation, Improvements, product innovation, and cost efficiencies to meet global standards. Apart from that, the company can check products for design, quality, and finish, due to having a quality control unit. All units are furnished with the necessary tools, machines, and technology to manufacture that product, which are internationally accepted.
Galaxy Medicare IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain |
| 17 Sep | ₹1 |  | 1.85% |
| 16 Sep | ₹1 | | 1.85% |
| 15 Sep | ₹1 | | 1.85% |
| 13 Sep | ₹1 | | 1.85% |
| 12 Sep | ₹6 |  | 11.11% |
| 11 Sep | ₹3 | | 5.55% |
| 10 Sep | ₹1 | | 1.85% |
| 9 Sep | ₹- | – | – |
| 8 Sep | ₹- | – | – |
Galaxy Medicare IPO Details
| IPO Open Date | September 10, 2025 |
| IPO Close Date | September 12, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹51 to ₹54 Per Share |
| Issue Size | Approx ₹22.31 Crores |
| Fresh Issue | Approx ₹17.86 Crores |
| Offer for Sale | Approx 8,24,000 Equity Shares |
| Lot Size | 2,000 Shares |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Galaxy Medicare IPO Dates
| IPO Open Date: | September 10, 2025 |
| IPO Close Date: | September 12, 2025 |
| Basis of Allotment: | September 15, 2025 |
| Refunds: | September 16, 2025 |
| Credit to Demat Account: | September 16, 2025 |
| IPO Listing Date: | September 17, 2025 |
| IPO Bidding Cut-off Time: | September 12, 2025 – 5 PM |
Galaxy Medicare IPO GMP aka Grey Market Premium FAQs:
What is Galaxy Medicare IPO GMP Today?
What is Galaxy Medicare IPO Expected Returns?
Disclaimer:
- IPO Grey Market Premium (Galaxy Medicare IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
