Medistep Healthcare Limited IPO

Medistep Healthcare Limited IPO

SME NSE SME Fixed Price
Closed

Price Band

₹43

Total Issue

₹16.10 Cr

Bid Dates

08 Aug - 12 Aug

Subscription

375.29x

Est. GMP

₹12 (27.91%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Medistep Healthcare IPO
Category Lots Shares Amount
Individual (Min) 2 6,000 ₹2,58,000
Individual (Max) 2 6,000 ₹2,58,000
Others (Min) 3 9,000 ₹3,87,000
Market Maker
189000 EQ Shares

Issue Size

Total ₹16.10 Cr
Fresh Issue
₹16.10 Cr (0.37 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹12
Est. Price ₹55
Est. Gain 27.91%

Medistep Healthcare IPO Peer Comparison

(Rs. in crores)

Medistep Healthcare IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Medistep Healthcare IPO
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

KPIs

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.

Shareholding

Promoter

93.62%

Public

6.38%

Prajapati Hetalban Girdharilal 68.00%
Dabhi Vipul Gobarbhai 12.13%
Girdhari Lal Prajapat 13.49%
Others 0.00%

Management

Girdhari Lal Prajapat Managing Director
Jagdish Prajapati Chief Financial Officer

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 12-Aug-2025 19:00:29 hrs

Category Sub (x) Offered Bids
Individual Investor 461.17x 17,79,000 82,04,28,000
Others 289.15x 17,76,000 51,35,37,000
Total 375.24x 35,55,000 1,33,39,65,000

Frequently Asked Questions

What is Medistep Healthcare IPO?
Medistep Healthcare IPO is a SME IPO having an issue size of ₹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.
When will Medistep Healthcare IPO open?
Medistep Healthcare IPO opens on 08 Aug 25 and closes on 12 Aug 25.
What is the GMP of Medistep Healthcare IPO?
The estimated Grey Market Premium of Medistep Healthcare IPO is ₹12 per share (27.91%).
What is the lot size of Medistep Healthcare IPO?
The minimum lot size of Medistep Healthcare IPO is 3000 shares & the minimum application amount is Rs. 129000.
When is the allotment of Medistep Healthcare IPO?
The allotment date of Medistep Healthcare IPO is 13 Aug 25.
What is the listing date of Medistep Healthcare IPO?
The listing date of Medistep Healthcare IPO is 18 Aug 25.
What is the subscription of Medistep Healthcare IPO?
Medistep Healthcare IPO is subscribed 375.29 times.
What is the price band of Medistep Healthcare IPO?
Medistep Healthcare IPO is priced at ₹43 - ₹43 per share.
How to check allotment status of Medistep Healthcare IPO?
Click the allotment link on Medistep Healthcare IPO page of IPO360.
How to apply Medistep Healthcare IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Medistep Healthcare IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Medistep Healthcare IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Medistep Healthcare IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date