Medistep Healthcare IPO subscription started on Friday, August 8, 2025, and will close on August 12, 2025, as per the schedule. The price band is set at ₹43 per share with a face value of ₹10.
Medistep Healthcare IPO Subscription Status
Medistep Healthcare IPO subscribed over 79.18x on its Second day till 05.00 PM on 11th August 2025.
- Medistep Healthcare IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 31.90x times, and RII investors subscribed 126.37x times.
- The company has received bids for 28,14,99,000 shares against 35,55,000 shares on offer on the Second day.
- Medistep Healthcare IPO subscribed over 79.18x times on day 2.
- Medistep Healthcare IPO subscribed over 9.48x times on day 1.
About Medistep Healthcare
Medistep Healthcare Limited is one of the leading pharmaceutical companies, trading pharmaceutical products, intimate care and hygiene products, surgical products & nutraceutical products. Moreover, the company was incorporated on June 05, 2023. Additionally, the company provides premium quality sanitary pads in order to take care of feminine hygiene needs. The company has strategically expanded its operations by acquiring the business of M/s MG Pharma, a proprietorship concern owned by one of their promoters, Ms. Prajapati Hetalben Girdharilal. Market Analysis and Targeting, Product Development and Innovation, Quality and Regulatory Compliance, Distribution and Sales Channels are the business strategies. Experienced Promoters and Management Team, providing varied products like pharmaceutical and healthcare, manufacturing DRYSTEP sanitary pads, and VITASTEP Z energy powders are the company’s strengths. Further, the company has an aim of becoming a global leader and offering affordable and accessible healthcare solutions in order to enhance the well-being of communities worldwide.
Medistep Healthcare IPO Company Financial Report
The company reported revenue of ₹49.66 crores in 2025 against ₹39.08 crores in 2024. The company reported a profit of ₹4.14 crores in 2025 against a profit of ₹3.33 crores in 2024.
Medistep Healthcare IPO GMP
Medistep Healthcare IPO GMP was ₹20 as of Monday, 11th August. That indicates the IPO is trading at ₹63 with a ₹20 premium in the grey market against the issue price of ₹43.
