The Galaxy Medicare IPO minimum market lot is 4,000 shares with ₹2,16,000 application amount. The Galaxy Medicare IPO is a SME IPO, and it is to be listed on NSE.
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, to improvement, 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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Galaxy Medicare IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.00 | 1.00 | 1.00 |
| NII | 0.66 | 1.04 | 1.48 |
| RII | 0.33 | 0.70 | 2.10 |
| Total | 0.47 | 0.84 | 1.83 |
Galaxy Medicare IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Galaxy Medicare IPO Review and Rating
- May Apply For Long-term View
Galaxy Medicare IPO Form
How to apply for the Galaxy Medicare IPO? You can apply for Galaxy Medicare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Galaxy Medicare IPO in the Invest section. The other option is you can apply for Galaxy Medicare IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
