Medistep Healthcare Limited IPO
Medistep Healthcare Limited is a Pharmaceutical Company that has carved a niche in the Healthcare Industry  through its in manufacturing Sanitary pads, Energy powder and trading a diverse range of pharmaceutical products, Nutraceutical products, Intimate Products and surgical products through distribution network. The company started the manufacturing of intimate product (sanitary pads) and nutraceutical  product (Energy powder) in Jan 2024.
Price Band₹43 |
Dates08 Aug - 12 Aug |
GMP₹12 (27.91%) |
Subscriptions375.29 times |
Issue Size₹16.10 Crs |
Medistep Healthcare IPO Key Dates
Opening Date
08 Aug 25
Closing Date
12 Aug 25
Basis Of Allotment
13 Aug 25
Initiations Of Refund
14 Aug 25
Credit Of Shares
14 Aug 25
Listing Date
18 Aug 25
Medistep Healthcare IPO Objects
- To meet out the capital expenditure for purchasing new plant and machineries for expansion at the existing manufacturing facility
- To meet out the Working Capital requirements of the Company
- To meet out the General Corporate Purposes
- To meet out the Issue Expenses
Medistep Healthcare IPO Details
Price Band₹43 |
Listing AtNSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹16.10 Cr (0.37 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹16.10 Cr (0.37 Cr Shares) |
Face Value₹10 per equity share |
Medistep Healthcare IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
6,000
2,58,000
Maximum
2
6,000
2,58,000
|
|||
| Others |
Minimum
3
9,000
3,87,000
|
|||
Medistep Healthcare IPO Subscription
Updated as on 12-Aug-2025 19:00:29 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Individual Investor | 461.17 | 17,79,000 | 82,04,28,000 |
| Others | 289.26 | 17,76,000 | 51,37,26,000 |
| Total | 375.29 | 35,55,000 | 1,33,41,54,000 |
Medistep Healthcare IPO GMP
The estimated Grey Market Premium of Medistep Healthcare IPO is ₹12 per share (27.91%)
Category Allocation
| Particulars | Allocation |
|---|---|
| NII | 49.96% of Net offer |
| Retail | 50.04% of Net offer |
| Market Maker | 189000 EQ Shares |
Medistep Healthcare IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 49.65 | 31.62 | 27.65 |
| Profit after Tax | 4.14 | 2.91 | 0.92 |
| Net Worth | 16.83 | 11.69 | 1.07 |
| Total Borrowing | - | 0.07 | 0.26 |
| Total Assets | 22.99 | 14.96 | 14.66 |
| NAV per share (in ₹) | 16.09 | 11.93 | NA |
| EPS - Basic (in ₹) | 4.01 | 19.96 | NA |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 11.27% |
| PAT | 8.35% |
| ROE | 29.06% |
| ROCE | 38.91% |
| PE Ratio | 10.72 |
| PB Ratio | 2.67 |
| Mkt Cap (in Crs.) | 61.10 |
- All Ratios are based on Mar 25
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Medistep Healthcare IPO Peer Comparision
| Particulars | Medistep Healthcare | Fabino Enterprises | Achyut Healthcare |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 49.65 | 3.05 | 18.04 |
| PAT (In Crs.) | 4.14 | 0.13 | 0.55 |
| EPS - Basic | 4.01 | 0.63 | 0.02 |
| NAV per share | 16.28 | 20.42 | 1.33 |
| RONW | 24.62% | 3.12% | 1.77% |
| EBITDA | 11.27% | -6.63% | 0.92% |
| PAT Margin | 8.35% | 17.97% | 0.73% |
| Price to earning (PE) | 10.72 | 41.27 | 209.00 |
- All the information pertains to FY 2024-25
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 30, 2025 for Peers
Medistep Healthcare IPO Peer Comparision
| Particulars | Medistep Healthcare |
|---|---|
| Revenue from Ops (in Crs.) | 49.65 |
| PAT (In Crs.) | 4.14 |
| EPS - Basic | 4.01 |
| NAV per share | 16.28 |
| RONW | 24.62% |
| EBITDA | 11.27% |
| PAT Margin | 8.35% |
| Price to earning (PE) | 10.72 |
| Fabino Enterprises | Achyut Healthcare |
|---|---|
| 3.05 | 18.04 |
| 0.13 | 0.55 |
| 0.63 | 0.02 |
| 20.42 | 1.33 |
| 3.12% | 1.77% |
| -6.63% | 0.92% |
| 17.97% | 0.73% |
| 41.27 | 209.00 |
- All the information pertains to FY 2024-25
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 30, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Prajapati Hetalban Girdharilal | 68.00% |
| Dabhi Vipul Gobarbhai | 12.13% |
| Girdhari Lal Prajapat | 13.49% |
| Others | 0.00% |
| Total | 93.62% |
Management Details
| Name | Designation |
|---|---|
| Girdhari Lal Prajapat | Managing Director |
| Jagdish Prajapati | Chief Financial Officer |
Company Details
Name: Medistep Healthcare Limited
Address: 05, S. No-245/B, Plot-19, T.P.S. 56, Free Way Trade
Center, Nr.A-One Hotel, N.H.-8, Narol Gam, Narol,
Ahmadabad City, Daskroi, Gujarat, India, 382405
Number: +91 87808 46963
Email: Info@medistephc.com
Website: www.medistephc.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Medistep Healthcare IPO is a SME IPO having an issue size of Rs. ₹16.10 Crs. Medistep Healthcare IPO is priced at ₹43 - ₹43 per share. The issue opens on 08 Aug 25 and closes on 12 Aug 25.
Medistep Healthcare IPO opens on 08 Aug 25 and closes on 12 Aug 25.
The estimated Grey Market Premium of Medistep Healthcare IPO is ₹12 per share (27.91%).
The minimum lot size of Medistep Healthcare IPO is 3000 shares & the minimum application amount is Rs. 129000.
The allotment date of Medistep Healthcare IPO is 13 Aug 25.
The listing date of Medistep Healthcare IPO is 18 Aug 25.
Medistep Healthcare IPO is subscribed 375.29 times.
Medistep Healthcare IPO is priced at ₹43 - ₹43 per share.
Click the allotment link on Medistep Healthcare IPO page of IPO360.
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- Money will remain blocked till the refund date
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