Galaxy Medicare Ltd Logo

Galaxy Medicare Ltd IPO

NSELot: 2000

LISTEDSME
Issue Price54
Listing54
Current19.8
Price Band
51 - ₹54
Lot Size
2,000
Issue Size
₹22.31 Cr
GMP
0
Subscription
0.47x

IPO Schedule

1
Open
10 Sept
2
Close
12 Sept
3
Allotment
15 Sept
4
Listing
17 Sept

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

QIB
1.00x
NII
0.66x
Retail
0.33x
CategoryDay 3Day 2Day 1
QIB1.00x1.00x1.00x
NII1.48x1.05x0.66x
Retail2.10x0.70x0.33x
Total1.83x0.84x0.47x

Risk Factors

SME IPOs are generally associated with higher volatility and liquidity risk.
[Insert risk specific to Galaxy Medicare, e.g., Dependence on key suppliers for raw materials].
[Insert risk specific to Galaxy Medicare, e.g., Intense competition from established pharmaceutical companies].

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).