The Medistep Healthcare IPO opened on August 8, 2025, with a fixed price of ₹43 per share, aiming to raise ₹16.10 crore. The subscription window closed on August 12, 2025. The IPO is listed on the NSE SME platform.
- IPO Lot Size: 3,000 shares
- Face Value: ₹10 per share
- Issue Type: Fixed price issue
- Subscription Closed: August 12, 2025
- Basis of Allotment Finalization: August 13, 2025
- Refunds and Share Credits: August 14, 2025
- Listing Date: August 18, 2025 on NSE SME
The IPO witnessed attractive investor interest, with an estimated grey market premium of approximately ₹13, indicating expected listing gains near 30%. Investors should check the allotment status following finalization.
With a strong promoter and management team, Medistep Healthcare aims to expand its footprint as a global leader in affordable healthcare products.
Investors who have applied should await the allotment results and prepare for the share listing on August 18.