Medistep Healthcare IPO Details
The Medistep Healthcare IPO is a fixed price issue with a total issue size of ₹16.1 cr, comprising of fresh issue of 3744000 equity shares. Medistep Healthcare IPO opened for subscription on Aug 08, 2025 and closed on Aug 12, 2025. Medistep Healthcare IPO has set the price at ₹43 per share, with a lot size of 3000 shares. Minimum investment for Retail investors was ₹258,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 13, 2025, and listed on the NSE on Aug 18, 2025.
Cameo Corporate Services Limited has been appointed as the registrar. Fast Track Finsec Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Medistep Healthcare IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 43 – 43
- Lot Size
- 3000
- Issue Size
- ₹16.1 Cr
- Minimum Investment
- ₹258000 (6000 Shares)
- Listing Date
- 18 August 2025
Current GMP
₹8 (+18.60%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Medistep Healthcare Limited
Incorporated in June 2023 and based in Ahmedabad, Gujarat, Medistep Healthcare Limited is an emerging pharmaceutical and healthcare company focused on manufacturing and trading a broad range of health and wellness products. As a public, non-government entity, Medistep is committed to delivering high-quality solutions in both preventive and curative healthcare.
The company specializes in producing sanitary pads and energy powders, while also actively trading and distributing pharmaceutical, nutraceutical, surgical, and intimate hygiene products. This diverse portfolio allows Medistep to meet varied consumer needs across the healthcare spectrum.
Product Portfolio:
- Sanitary Pads (Brand: DRYSTEP): Premium-quality feminine hygiene products designed for comfort, protection, and reliability.
- Energy Powder (Brand: VITASTEP Z): Energy-boosting supplements crafted to rejuvenate and revitalize.
- Pharmaceutical Products: A range of essential medicines and treatments available through trading partnerships.
- Nutraceutical Products: Health supplements that combine nutritional and pharmaceutical benefits for enhanced well-being.
- Intimate Care & Hygiene Products: Personal care items that promote cleanliness, comfort, and hygiene.
- Surgical Products: Tools and equipment supporting healthcare professionals in clinical and surgical settings.
Operational Highlights:
- Revenue (as of December 30, 2024): ₹45.00 crore (annualized)
- Profit After Tax (PAT): ₹4.08 crore
- Employee Strength (as of December 28, 2024): 9 full-time employees
Note: The company also relies on a flexible workforce of daily-wage laborers, with no contractual staff.
Competitive Strengths:
- Experienced Promoters and Leadership: A knowledgeable and dedicated management team with a clear vision for growth.
- Cost Efficiency Through Scale: Optimized operations and strategic sourcing ensure quality products and competitive pricing.
- Diversified Offerings: A strong product mix across multiple healthcare categories, catering to both consumer and institutional needs.
Medistep Healthcare Limited continues to grow as a dynamic player in India's healthcare sector, driven by a mission to deliver reliable, accessible, and affordable health solutions.
Medistep Healthcare IPO Promoters
- Girdhari Lal Prajapat
- Dabhi Vipul Gobarbhai
- Prajapati Hetalben Girdharilal
Promoters Holding
Holding Pre Issue
93.62%
Holding Post Issue
68.96%
Medistep Healthcare IPO Objective
The Company Medistep Healthcare IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility
- Working Capital requirements
- General Corporate Purpose
Address / Contact Info
Medistep Healthcare Limited
05, S. No-245/B, Plot-19, T.P.S. 56,
Free Way Trade Center, Nr.A-One Hotel N.H.-8
Narol Gam, Narol Daskroi,
Ahmedabad, Gujarat, 382405
Phone: +91 87808 46963
Email: Info@medistephc.com
Website: https://www.medistephc.com/
IPO Snapshot
Book Running Lead Managers
- Fast Track Finsec Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Medistep Healthcare IPO is a Fixed price IPO with a total issue size of ₹16.1 crore. The Medistep Healthcare IPO price band is ₹43 to 43 per share. The Medistep Healthcare IPO subscription opens on Fri, Aug 8, 2025, and closes on Tue, Aug 12, 2025. The Medistep Healthcare IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Medistep Healthcare IPO.
The Medistep Healthcare IPO opens on Fri, Aug 8, 2025 and closes on Tue, Aug 12, 2025
Medistep Healthcare IPO Price Band is ₹43 to 43 per share.
Medistep Healthcare IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹258000 based on the upper price band
The minimum investment for Medistep Healthcare IPO is ₹258000, based on one lot of 3000 shares at the upper price band of ₹43 per share.
Investors can apply for the Medistep Healthcare IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 12, 2025. The application amount remains blocked until the Medistep Healthcare IPO allotment is finalized.
Medistep Healthcare IPO issue size is ₹16.1 crores.
Medistep Healthcare IPO allotment date is Wed, Jul 1, 2026.
The registrar for Medistep Healthcare IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Medistep Healthcare IPO allotment status, refund processing, and other IPO-related information.
The Medistep Healthcare IPO GMP (Grey Market Premium) is ₹8 as of Mon, Aug 18, 2025. Based on the upper price band of ₹43 per share, the estimated Medistep Healthcare IPO listing price is ₹51, indicating a potential listing gain of approximately 0% over the issue price.