To apply for the Galaxy Medicare IPO, investors need to log in to their trading account through their broker’s online platform and navigate to the IPO section. After selecting “Galaxy Medicare IPO,” they can enter the application details, including the number of lots and bid price within the specified price band. A valid UPI ID must be provided for payment authorisation, and sufficient funds should be available in the linked bank account. Once the details are verified, the application can be submitted, and the UPI mandate should be approved before the deadline to ensure the order is processed successfully.
For complete details on this public offering, visit the Galaxy Medicare IPO page on our website.
Galaxy Medicare IPO Application Process
The Galaxy Medicare IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using the broker's app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Galaxy Medicare IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 2000 shares) within the price band of ₹51 to ₹54 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: Galaxy Medicare IPO Investment Guide: Objectives & Opportunities
About Galaxy Medicare IPO: Overview and Key Facts
Galaxy Medicare Limited, incorporated in July 1992 in Bhubaneswar, Odisha, is engaged in the manufacturing and export of medical devices, plaster of Paris bandages, surgical dressings, adhesive tapes, compression bandages, and wound care solutions. The company operates through its own flagship brands such as POP BAND, POP CAST, G CAST, GYPSOSOFT, and CARETAPE. Its business model also includes OEM services, institutional sales via government tenders on the GEM Portal, and international exports. With 27 registered trademarks and ISO certifications, the company supplies to a wide base of healthcare institutions, including government departments, corporate hospitals, and private medical organisations.
The Galaxy Medicare IPO is scheduled to open on 10 September 2025 and close on 12 September 2025. The issue size aggregates up to ₹22.31 crore, with the offering listed on the SME platform of NSE. The company intends to utilise the IPO proceeds towards capital expenditure for machinery purchases at its Bhubaneswar facility, funding working capital requirements, meeting general corporate purposes, and covering issue-related expenses.
This IPO provides investors with an opportunity to review the financial and operational track record of a healthcare-focused enterprise. The company has built its operations around essential medical consumables and devices, supported by both domestic and international demand. Interested investors should evaluate the details presented in the prospectus, including the financial position, borrowing levels, risks, and growth prospects, before considering participation in the offering.
To check your application status, visit the Galaxy Medicare IPO Allotment Status page on Bajaj Broking’s website.