Galaxy Medicare IPO Allotment Status: Check Latest GMP, Steps To Verify Status
The bidding window for Galaxy Medicare SME IPO was open from September 10, 2025, to September 12, 2025. The basis of allotment will be finalised today, Sep 8, 2025. Here’s how you can check the IPO allotment status.
Procedure to Check Galaxy Medicare IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here
- Select “Equity & SME IPO bid details”
- In Select Symbol, select “GML”
- Enter your PAN and Application number
- Click “Submit”
Procedure to Check Galaxy Medicare IPO Allotment Status on Cameo Corporate Services Limited (Registrar to the issue)
- Visit the IPO allotment verification status page here
- Click on any of the links
- Under, Please select company, select “Galaxy Medicare Limited”
- Enter any of the following details –
- PAN
- App. No.
- DP/Client ID
- Enter the Captcha and click “Submit”
IPO Details
Galaxy Medicare IPO is a book-building issue of ₹22.31 crores, consisting of a fresh issue of ₹17.86 crores and an OFS of ₹4.45 crores. The price band is set at ₹51 to ₹54 per share. The tentative listing on NSE Emerge is Sep 17, 2025.
Affinity Global Capital Market Private Limited is the book-running lead manager, and Cameo Corporate Services is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used to
- Fund capital expenditure towards machinery purchase for the manufacturing facility in Odisha
- Funding working capital requirements
- General corporate purposes
- Meet offer expenses
Galaxy Medicare IPO – Overall Subscription Status
(September 12, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
1.00 |
|
Non-Institutional Investors |
1.48 |
|
Individual Investors (IND category bidding for 2 Lots) |
2.10 |
|
Total |
1.83 |
Galaxy Medicare IPO GMP Details
As of 15 Sep 2025, Galaxy Medicare's IPO GMP stood at ₹0. The estimated listing price is ₹54, i.e., a 0% gain per share.
|
Source: Investorgain Media Report dated 15 Sep, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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