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GMLSME / NSEListed
Galaxy Medicare

Galaxy Medicare Limited, incorporated in July 1992, is engaged in the manufacturing and export of medical devices, POP bandages, and surgical dressings in India. The company uses premium-grade raw materials sourced from authentic vendors to ensure quality in its production. Its product portfolio includes surgical dressings, plaster of Paris bandages, adhesive tapes, compression bandages, gauze products, wound care solutions, and orthopedic items. Galaxy Medicare operates through multiple business verticals, such as manufacturing and branding under its flagship names like POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE, GYPSONET, GYPSOCHLOR, and FIXCAN, among others. It also caters to OEM requirements by sourcing, designing, manufacturing, and testing products according to brand owners’ specifications on a Principal-to-Principal basis. Additionally, the company participates in institutional sales through government tenders on the GEM portal, exports its products internationally, and trades in surgical devices and dressings. With 27 registered trademarks in India, its products are widely accepted by the medical community and supplied across the country to government health departments, corporate hospitals, and private organizations. The company holds ISO 9001:2015 and ISO 13485:2016 certifications, reflecting its commitment to quality and adherence to global standards. As of March 2025, Galaxy Medicare employs 190 people across various departments.

₹51 - ₹541.89x sub
Listed Price₹54.00
Listing Gain+0.00%

Subscription Status

1.89xTotal Demand
Updated 21 Nov 2025, 03:42 PM
QIB1.00x
Fully Subscribed (Safe)Offered: 80,000 sh
Nib1.61x
Fully Subscribed (Safe)Offered: 15,36,000 sh
Hnis(10l +)2.09x
Fully Subscribed (Safe)Offered: 10,24,000 sh
Hnis (2-10l)0.66x
Steady / DevelopingOffered: 5,12,000 sh
Retail2.10x
Fully Subscribed (Safe)Offered: 23,08,000 sh
CategoryOfferedAppliedTimes
QIB80,00080,0001x
Nib15,36,00024,74,0001.61x
Hnis(10l +)10,24,00021,36,0002.09x
Hnis (2-10l)5,12,0003,38,0000.66x
Retail23,08,00048,44,0002.1x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB0.430.431.00x
Others0.430Open
Retail26.1612.462.10x
Hnis 2+1.832.760.66x
Hnis 10+11.535.532.08x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
QIB01Open
Nib073Open
Retail5771,2112.10x
Hnis(10l +)171230.13x
Hnis (2-10l)85500.59x
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About Galaxy Medicare IPO Subscription Demand

Live subscription status and bidding analysis for Galaxy Medicare (GML) IPO. The issue is subscribed 1.89x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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