31 Mar 2023
Assets14.66
Total Income27.74
EBITDA1.34
Profit After Tax0.92
NET Worth1.07
Total Borrowing0.53
At a glance
Updated 2026-09-11The shares listed at ₹53.00, a 23.26% move from the issue price. Medistep Healthcare is a SME IPO with an issue size of ₹16.10 crore, proposed for listing on NSE SME. The offer opens on 8th Aug 2025 and closes on 12th Aug 2025. The issue structure includes a fresh issue of ₹15.29 crore. The current listing schedule points to 18th Aug 2025.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹16.10 Cr
Fresh issue₹15.29 Cr
Face value₹10
Price band—–—
Allotment13th Aug 2025
Listing18th Aug 2025
Listing performance
Full performance ↗Issue price₹43.00
Listing price₹53.00
Current price—
Listing gain23.26%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹8.00
GMP / upper priceNO DATA
Est. listing₹51.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens8th Aug 2025
Closes12th Aug 2025
Allotment13th Aug 2025
Refund14th Aug 2025
Demat14th Aug 2025
Listing18th Aug 2025
Subscription demand
Full bidding ↗Total375.20×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 6000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility | ₹0.51 Cr |
| Working Capital Requirements | ₹12.34 Cr |
| General Corporate Purposes | ₹1.64 Cr |
| Issue Expenses | ₹1.61 Cr |
| Total | ₹16.10 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue49.66₹ Cr · +27.1% vs prior year
EBITDA5.60₹ Cr · +23.3% vs prior year
PAT4.14₹ Cr · +24.3% vs prior year
Assets22.99₹ Cr · +53.7% vs prior year
Net Worth16.83₹ Cr · +44.0% vs prior year
Borrowing0.64₹ Cr · +93.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets14.96
Total Income39.08
EBITDA4.54
Profit After Tax3.33
NET Worth11.69
Reserves and Surplus6.79
Total Borrowing0.33
31 Mar 2025
Assets22.99
Total Income49.66
EBITDA5.60
Profit After Tax4.14
NET Worth16.83
Reserves and Surplus6.37
Total Borrowing0.64
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 29.06% |
| ROCE | 38.91% |
| RoNW | 29.06% |
| PAT Margin | 8.35% |
| EBITDA Margin | 11.27% |
| Price to Book Value | 2.67 |
Valuation & shareholding
Pre-IPO EPS3.96
Post-IPO EPS2.92
Pre-IPO P/E10.86
Post-IPO P/E14.74
Promoter holding pre93.62%
Promoter holding post68.96%
Market cap₹61.10 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Medistep Healthcare IPO | — | 14.74 x | — | — |
| H. R. IPO | — | 17.53 x | — | — |
| Ravelcare Limited IPO | — | 13.95 x | — | — |
| Anondita Medicare IPO | — | 15.98 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility | ₹0.51 Cr |
| Working Capital Requirements | ₹12.34 Cr |
| General Corporate Purposes | ₹1.64 Cr |
| Issue Expenses | ₹1.61 Cr |
| Total | ₹16.10 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Novus Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-11.
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