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IPO Synopsis

Medistep Healthcare Ltd
  • Registered Office: 05 S.#-245/B Plot-19 T.P.S.56,Free Way Trade Center Narol, Ahmedabad - 382405, Gujarat, India.
  • Phone : +91 87808 46963   Fax:
  • Email : info@medistephc.com
  • Website :www.medistephc.com
Initial public offering of up to 37,44,000 equity shares of Rs. 10/- each ("Equity Shares") of Medistep Healthcare Limited ("the "Company") for cash at a price of Rs. 43/- per equity share (the "Issue Price"), aggregating to Rs. 16.10 crores ("the Offer"). Out of the offer, 1,89,000 equity shares aggregating to Rs. 0.81 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 35,55,000 equity shares of face value of Rs. 10.00/- each at an issue price of Rs. 43/- per equity share aggregating to Rs. 15.29 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.35 % and 25.02 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 43/- the offer price is 4.3 times of the face value of the equity shares. Bid can be made for a minimum of 2 lot (lot size consist of 3000 equity shares each) and in multiples of 3000 equity shares thereafter.
Issue
Opens On Closes On
08-Aug-25 12-Aug-25
Money Payable On
Application Allotment
43.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 14.49 Fast Track Finsec Pvt Ltd
Project Financed through Current Offer (.Cr) 16.10  
Post Issue Equity Share Capital (.Cr) 14.21
Issue Price () 43.00
Projects
Funding capital expenditure towards purchase of plant and machineries for expansion at the existing mfg facility
Working capital requirements
General corporate purposes
Promoted By
Girdhari Lal Prajapat
Dabhi Vipul Gobarbhai
Prajapati Hetalben Girdharilal
Listing At
NSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd
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