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IPO Synopsis

Galaxy Medicare Ltd
  • Registered Office: Plot No.2 Zone-D Phase A,Mancheswar Ind.Est Bhubaneswar, Khurda - 751010, Orissa, India.
  • Phone : +91 99370 00991   Fax:
  • Email : CS@galaxymed.co.in
  • Website :www.galaxy.com
Initial public offering of up to 41,32,000 equity shares of face value of Rs. 10/- each ("equity shares") of the company for cash at a price of Rs. 54/- per equity share (including a share premium of Rs. 44/- per equity share) ("offer price") aggregating up to Rs. 22.31crores (the "offer") comprising a fresh issue of up to 33,08,000 equity shares aggregating up to Rs. 17.86.crores by the company (the "fresh issue") and an offer for sale of up to 8,24,000 equity shares aggregating up to Rs. 4.45 crores by the promoters selling shareholder, (the "offered shares") (the "offer for sale" and together with the fresh offer, the "offer") of which upto 2,08,000 equity shares aggregating to Rs. 1.12 crores will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e., net offer of upto 39,24,000 equity shares at an offer price of Rs. 54/- per equity share aggregating to Rs. 21.19 crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute 27.23% and 25.86%, respectively of the post offer paid up equity share capital of the company.
Issue
Opens On Closes On
10-Sep-25 12-Sep-25
Money Payable On
Application Allotment
54.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 16.08 Affinity Global Capital Market Pvt Ltd
Project Financed through Current Offer (.Cr) 22.31  
Post Issue Equity Share Capital (.Cr) 15.17
Issue Price () 54.00
Projects
Funding capital expenditure requirement towards purchase of machinery for the company existing manufacturing facility at
Funding the working capital requirements
General corporate purposes
Promoted By
Dillip Kumar Das
Subhasish Das
Kiran Das
Listing At
NSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd
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