
Galaxy Medicare Ltd IPO
NSELot: 2000Healthcare
About Galaxy Medicare Ltd
Galaxy Medicare Ltd is an SME focused on [Insert accurate description of Galaxy Medicare's business here, e.g., manufacturing and marketing pharmaceutical formulations and nutraceutical products]. They cater to [Insert target market details, e.g., domestic and international markets] through [Mention distribution channels, e.g., direct sales and distributor networks].
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.00x | 1.00x | 1.00x |
| NII | 1.48x | 1.05x | 0.66x |
| Retail | 2.10x | 0.70x | 0.33x |
| Total | 1.83x | 0.84x | 0.47x |
Risk Factors
Promoters & Management
The key members of the management team include Mr. Dillip Kumar Das, the Chairman and Managing Director, who oversees overall business operations, strategic planning, and business development. Mrs. Kiran Das, a Whole-time Director, is responsible for overseeing daily manufacturing operations, setting strategies for production planning, and managing quality control. Mr. Subhasish Das, also a Whole-time Director, oversees sales and marketing functions and drives business development initiatives. Mr. Shaswat Kumar Rout, a Non-Executive & Independent Director, brings legal and corporate governance expertise to the Board. Mr. Aklant Das, another Non-Executive & Independent Director, contributes his technical and management skills. Mr. Soumya Mohanty, also a Non-Executive & Independent Director, provides expertise in finance and corporate governance. Mr. Pralaaju Naik serves as the Company Secretary and Compliance Officer, ensuring compliance with regulatory requirements. Mr. Tapas Kumar Dhal is the Chief Financial Officer (CFO).