Medistep Healthcare Limited IPO

Medistep Healthcare Limited IPO

Medistep Healthcare Limited is a Pharmaceutical Company that has carved a niche in the Healthcare Industry  through its in manufacturing Sanitary pads, Energy powder and trading a diverse range of pharmaceutical products, Nutraceutical products, Intimate Products and surgical products through distribution network. The company started the manufacturing of intimate product (sanitary pads) and nutraceutical  product (Energy powder) in Jan 2024.

Price Band

₹43

Dates

08 Aug - 12 Aug

GMP

₹12 (27.91%)

Subscriptions

-

Issue Size

₹16.10 Crs

Medistep Healthcare IPO Key Dates
Opening Date

08 Aug 25

Closing Date

12 Aug 25

Basis Of Allotment

13 Aug 25

Initiations Of Refund

14 Aug 25

Credit Of Shares

14 Aug 25

Listing Date

18 Aug 25

Medistep Healthcare IPO Objects

  1. To meet out the capital expenditure for purchasing new plant and machineries for expansion at the existing manufacturing facility
  2. To meet out the Working Capital requirements of the Company
  3. To meet out the General Corporate Purposes
  4. To meet out the Issue Expenses

Medistep Healthcare IPO Details
Price Band

₹43

Listing At

NSE SME

IPO Issue Type

Fixed Price

Fresh Issue

₹16.10 Cr (0.37 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹16.10 Cr (0.37 Cr Shares)

Face Value

₹10 per equity share

Medistep Healthcare IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 2 6,000 2,58,000
Maximum 2 6,000 2,58,000
Small HNI
Minimum 3 9,000 3,87,000
Maximum 7 21,000 9,03,000
Big HNI
Minimum 8 24,000 10,32,000
Medistep Healthcare IPO GMP

The estimated Grey Market Premium of Medistep Healthcare IPO is ₹12 per share (27.91%)

Category Allocation
Particulars Allocation
NII 49.96% of Net offer
Retail 50.04% of Net offer
Market Maker 189000 EQ Shares
Medistep Healthcare IPO Financials

(Rs. in crores)

Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 49.65 31.62 27.65
Profit after Tax 4.14 2.91 0.92
Net Worth 16.83 11.69 1.07
Total Borrowing - 0.07 0.26
Total Assets 22.99 14.96 14.66
NAV per share (in ₹) 16.09 11.93 NA
EPS - Basic (in ₹) 4.01 19.96 NA

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
EBITDA 11.27%
PAT 8.35%
ROE 29.06%
ROCE 38.91%
PE Ratio 10.72
PB Ratio 2.67
Mkt Cap (in Crs.) 61.10
  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Medistep Healthcare IPO Peer Comparision

(Rs. in crores)

Particulars Medistep Healthcare Fabino Enterprises Achyut Healthcare
Revenue from Ops (in Crs.) 49.65 3.05 18.04
PAT (In Crs.) 4.14 0.13 0.55
EPS - Basic 4.01 0.63 0.02
NAV per share 16.28 20.42 1.33
RONW 24.62% 3.12% 1.77%
EBITDA 11.27% -6.63% 0.92%
PAT Margin 8.35% 17.97% 0.73%
Price to earning (PE) 10.72 41.27 209.00
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 30, 2025 for Peers
Medistep Healthcare IPO Peer Comparision

(Rs. in crores)

Particulars Medistep Healthcare
Revenue from Ops (in Crs.) 49.65
PAT (In Crs.) 4.14
EPS - Basic 4.01
NAV per share 16.28
RONW 24.62%
EBITDA 11.27%
PAT Margin 8.35%
Price to earning (PE) 10.72
Fabino Enterprises Achyut Healthcare
3.05 18.04
0.13 0.55
0.63 0.02
20.42 1.33
3.12% 1.77%
-6.63% 0.92%
17.97% 0.73%
41.27 209.00
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 30, 2025 for Peers
Promoter Details
Name Shareholding
Prajapati Hetalban Girdharilal 68.00%
Dabhi Vipul Gobarbhai 12.13%
Girdhari Lal Prajapat 13.49%
Others 0.00%
Total 93.62%
Management Details
Name Designation
Girdhari Lal Prajapat Managing Director
Jagdish Prajapati Chief Financial Officer
Company Details

Name: Medistep Healthcare Limited

Address: 05, S. No-245/B, Plot-19, T.P.S. 56, Free Way Trade
Center, Nr.A-One Hotel, N.H.-8, Narol Gam, Narol,
Ahmadabad City, Daskroi, Gujarat, India, 382405

Number: +91 87808 46963

Email: Info@medistephc.com

Website: www.medistephc.com

Book Running Lead Managers (BRLMs)
Company
Fast Track Finsec
Visit Website
RTAs
Company
Cameo Corporate Services
Visit Website

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Medistep Healthcare IPO is a SME IPO having an issue size of Rs. ₹16.10 Crs. Medistep Healthcare IPO is priced at ₹43 - ₹43 per share. The issue opens on 08 Aug 25 and closes on 12 Aug 25.

Medistep Healthcare IPO opens on 08 Aug 25 and closes on 12 Aug 25.

The estimated Grey Market Premium of Medistep Healthcare IPO is ₹12 per share (27.91%).

The minimum lot size of Medistep Healthcare IPO is 3000 shares & the minimum application amount is Rs. 129000.

The allotment date of Medistep Healthcare IPO is 13 Aug 25.

The listing date of Medistep Healthcare IPO is 18 Aug 25.

Medistep Healthcare IPO is subscribed -.

Medistep Healthcare IPO is priced at ₹43 - ₹43 per share.

Click the allotment link on Medistep Healthcare IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Medistep Healthcare IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date