Medistep Healthcare Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,776,000 (47%) | — | ₹764 Cr |
| Retail | — | 1,779,000 (48%) | — | ₹765 Cr |
| Market Maker | — | 189,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 3,744,000 (100%) | — | ₹16,099 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹129,000 |
| Retail (Max) | 13 | 39,000 | ₹1,677,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,806,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,643,000 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 50 | 39 | 28 |
| EBITDA | 6 | 5 | 1 |
| Profit After Tax | 4 | 3 | 1 |
| Net Worth | 17 | 12 | 1 |
| Total Assets | 23 | 15 | 15 |
| Reserves & Surplus | 6 | 7 | — |
| Total Borrowing | 1 | 0 | 1 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility – 0.51
- 2 Working Capital requirements – 12.34
- 3 General Corporate Purpose – 1.64
Company Overview
Incorporated in June 2023, Medistep Healthcare Limited is a pharmaceutical company producing sanitary pads, energy powder, and various pharmaceutical, nutraceutical, intimate, and surgical products. They are committed to quality and seek to expand their product line as a public, non-government company.
The product includes the followings:-
- Sanitary Pads: Medistep produces high-quality sanitary pads, addressing essential feminine hygiene needs.
- Energy Powder: The company manufactures energy supplements designed to revitalize and invigorate consumers.
- Pharmaceutical Products: Medistep engages in the trading of various pharmaceutical items, ensuring accessibility to essential medications.
- Nutraceutical Products: They offer products that blend nutrition and pharmaceuticals, promoting overall health and wellness.
- Intimate Care and Hygiene Products: The company provides personal hygiene and intimate care products.
- Surgical Products: Medistep supplies surgical items and supports medical professionals with necessary tools and equipment.
As of December 30, 2024, Medistep reported annualized revenues of ₹45.00 crore and a Profit After Tax (PAT) of ₹4.08 crore.
As of December 28, 2024, the company has nine employees on payroll. Labour needs depend on daily-paid labourers, and none are on contract.
Competitive Strength:
- Experienced Promoters and Management Team.
- Maximize resources for quality supply and cost savings through economies of scale.
- Offers various products, including trading in pharmaceutical and healthcare items, manufacturing DRYSTEP sanitary pads, and VITASTEP Z energy powders.