The worldwide plaster bandage market stood at USD 8.8 billion in 2023 and is expected to touch USD 14.9 billion by 2032, rising at a CAGR of 5.60% between 2024-2032. Galaxy Medicare has seen this growth and is soon launching its IPO.
Affinity Global Capital Market will manage the IPO, while Cameo Corporate Services will act as the registrar. See the allotment status.
Also, check out the Galaxy Medicare Limited DRHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Let's see everything about the Galaxy Medicare IPO you decide to invest in.
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Get all the risks and strengths related information about Galaxy Medicare here:
Established Brand: Galaxy Medicare has built a trusted name in the healthcare products segment with years of industry presence.
Product Range: The company offers a wide range of healthcare items.
Customer Relationships: It maintains long-term ties with hospitals, institutions, and distributors.
Industry Growth Support: With rising demand for quality healthcare products in India, the company is well-placed to benefit from market expansion.
Customer Dependence: The company relies on a few major clients, and if they don't go for a long-term it could hurt their revenues.
Supplier Reliance: Its operations depend on a steady raw material supply, and rising costs or shortages may impact business.
Legal Matters: The company, along with its promoters and directors, is involved in some legal cases that could affect future performance.
Compliance Delays: There have been past delays in filing GST, ESI, TDS, and PF dues, which may raise compliance concerns.
Galaxy Medicare IPO GMP hasn’t been shared yet. You can explore the full company profile and track new GMP updates to gauge unlisted share value. Keep an eye on IPO subscription figures before applying. Apply today.
1. How is the Galaxy Medicare IPO review?
Galaxy Medicare is seen as a manufacturer of medical devices that wants to expand its capital. For the latest sentiment, you can look for the GMP updates in the news.
2. What is the Galaxy Medicare IPO date?
The IPO opening date is still unknown. But you should monitor its live subscription details in real time.
3. What is the Galaxy Medicare Limited share price?
The Galaxy Medicare unlisted share price is ₹51 to ₹54 as of 8 September. The final issue price will fall within this range. Also, don't forget to check the Galaxy Medicare DRHP.
4. Should I use a demat account to bid for the Galaxy Medicare IPO?
Yes, a demat account is required to bid for the Galaxy Medicare IPO. Click here to get the ultimate list of the top demat account providers.
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