Medistep Healthcare IPO

Incorporated in June 2023, Medistep Healthcare Limited is a public, non-government pharmaceutical company engaged in the production of sanitary pads, energy powder, and a range of pharmaceutical, nutraceutical, intimate, and surgical products. With a strong commitment to quality, the company aims to expand its offerings. Its key products include high-quality sanitary pads for feminine hygiene, revitalising energy powders, essential pharmaceutical and nutraceutical items, intimate care solutions, and surgical products. As of December 30, 2024, Medistep recorded ₹45.00 crore in revenue and ₹4.08 crore in PAT, with nine employees on payroll.

Medistep Healthcare Limited IPO Overview

Medistep Healthcare IPO is a fixed price issue worth ₹16.10 crore, comprising a fresh issue of 37.44 lakh shares. The IPO opens for subscription on August 8, 2025, and closes on August 12, 2025. The allotment is expected to be finalised on Wednesday, August 13, 2025, with a tentative listing date on NSE SME scheduled for Monday, August 18, 2025. Priced at ₹43 per share, the lot size is 1,500 shares. Retail investors must invest a minimum of ₹1,29,000 (3,000 shares), while HNIs need to invest at least ₹3,22,500 (7,500 shares). Fast Track Finsec Pvt Ltd is the lead manager for the issue, with Cameo Corporate Services Limited as the registrar. Nirman Share Brokers Private Limited is acting as the market maker.

Medistep Healthcare Limited IPO Details

Medistep Healthcare Limited IPO Reservation

Medistep Healthcare Limited IPO Lot Size

Medistep Healthcare Limited IPO Promoter Holding

Medistep Healthcare Limited IPO Valuation Overview

Objectives of the Proceeds

• Capital expenditure for machinery expansion at existing plant: ₹0.51 Cr

• Meet working capital requirements for operations: ₹12.34 Cr

• Support general corporate purposes and business goals: ₹1.64 Cr

Key Financials (in ₹ crore)