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  3. Medistep Healthcare IPO
Medistep Healthcare logo

Medistep Healthcare

NSE SMEOpen
NSE SMEOpen

IPO Closes in

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IPO Timeline

Issue open date

8 Aug 2025

Issue close date

12 Aug 2025

UPI mandate deadline

12 Aug 2025

Allotment finalization

13 Aug 2025

Refund initiation

14 Aug 2025

Share credit

14 Aug 2025

Listing date

18 Aug 2025

Mandate end date

28 Aug 2025

Lock-in end date for anchor investors (50%)

12 Sep 2025

Lock-in end date for anchor investors (remaining)

11 Nov 2025

Grey Market Premium Trend

₹18
Current GMP
₹61
Est. Listing Price
41.9%
Est. Listing Gain
₹43 - ₹43
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
8 Aug₹18₹6141.86%
7 Aug₹18₹6141.86%
6 Aug₹17₹6039.53%
5 Aug₹12₹5527.91%
4 Aug₹12₹5527.91%

IPO Closes in

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--Hours
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💸

IPO Subscription Status

CategoryTimesAllotment Chances
HNIs (Total)2.4241.3%
Retail15.58🔥6.4%
Last updated: 8 August'25 04:44PM

Key Dates

Open
8 Aug 2025
Close
12 Aug 2025
Listing
18 Aug 2025

Quick Stats

Issue Size:16cr
Lot Size:1500 shares

Issue Details

Issue Size:16cr
Face Value:₹10
Listing At:NSE SME

Reservation

50%
NII
50%
Retail

Additional Resources

RHPRead(Opens in a new tab)
DRHPRead(Opens in a new tab)

About the Company

Incorporated in 2023, Medistep Healthcare Limited is a pharmaceutical company delivering high-quality healthcare and wellness products. The company operates across both manufacturing and trading verticals, producing sanitary pads and energy powder in-house. Its trading portfolio spans a broad range of pharmaceuticals, nutraceuticals, intimate care, and surgical products, catering to diverse segments within the healthcare industry.

Strengths

  • Diverse product portfolio including traded healthcare goods and in-house brands
  • Experienced promoters and leadership with strong domain expertise
  • Robust distribution network ensuring wide market penetration and customer retention
  • A customer-centric, lean business model built for growth and scalability
  • Strategic technology upgrades enhancing production capacity and enabling product diversification
  • Positioned to capitalize on high-growth segments in the Indian pharmaceutical, nutraceutical, and sanitary product markets

Risks

  • Heavy dependence on Gujarat for revenue generation, exposing the business to regional disruptions
  • Reliance on few key clients and suppliers without contracts 
  • Raw material cost fluctuations may impact financials
  • Inability to secure timely and adequate working capital may disrupt operations and hinder growth
  • Competitive industry combined with extensive regulatory challenges

Medistep Healthcare IPO – Frequently Asked Questions

  • The price band for the Medistep Healthcare IPO is set at ₹43 to ₹43 per share.
  • The Medistep Healthcare IPO opens on August 8, 2025 and closes on August 12, 2025.
  • The tentative listing date for the Medistep Healthcare IPO is August 18, 2025.
  • You can apply for the Medistep Healthcare IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Medistep Healthcare, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Medistep Healthcare IPO is 1500 shares. Investors must apply for at least one lot (i.e., 1500 shares).