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Medistep Healthcare IPO

Medistep Healthcare IPO

smelisted
Registrar: CAMEO CORPORATE SERVICES LIMITED · Listing 2025-08-18
IPO Timeline
Today · 20 Oct 2026
Opens
08 Aug 2025
Closes
12 Aug 2025
Allotment
13 Aug 2025
Refund
14 Aug 2025
Demat
14 Aug 2025
Listing
18 Aug 2025
Price Band
₹43–43
GMP
₹0
0%
Lot Size
3000 Shares
Min ₹129,000
Subscription
0x
Issue Size
₹16 Cr
Open
2025-08-08
Close
2025-08-12
Listing
2025-08-18

About the company

Medistep Healthcare is engaged in the trading and manufacturing of pharmaceutical, nutraceutical, surgical, and intimate care products. The business model follows a B2B structure, catering to retail pharmacies, medical practitioners, and healthcare facilities. As of FY25, manufacturing contributed 26.51% to operational revenue, while trading activities contributed 73.49%. Product-wise, intimate care and hygiene products remained the largest revenue contributor with a combined share of over 93.51%. The company operates out of a 371.61 sq. mtr. manufacturing facility in Kheda, Gujarat. Medistep primarily serves the western Indian market, with 100% of FY25 revenue originating from Gujarat.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 18 Aug 2025
      Listed 428 days ago
      1. IPO Opens

        Completed
        08 Aug 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        12 Aug 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        13 Aug 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        14 Aug 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        14 Aug 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        18 Aug 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      3000 shares
      Price / Share (upper)
      ₹43
      Min Investment (1 lot)
      ₹129,000
      Price Band
      ₹43–43
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      3000
      Min amount
      ₹129,000
      Max amount
      ₹129,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      6000
      Min amount
      ₹258,000
      Max amount
      ₹258,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹8 Cr
      Shares offered
      1,860,465
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.4 Cr
      Shares offered
      558,140
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹5.6 Cr
      Shares offered
      1,302,326
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).