Medistep Healthcare Ltd IPO
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Medistep Healthcare Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 37.44 L | TBA | ₹ 17.76 L | ₹ 97.98 L | NSE | ₹ 16.1 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 08 Aug, 25 | 12 Aug, 25 | 3000 | ₹ 1,29,000 | Fixed Price - SME | 18 Aug, 25 |
Medistep Healthcare Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Trading |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 24663000 |
| NII | 274.91x | 1779000 | 489063000 |
| Retail | 461.95x | 1776000 | 820428000 |
| Employee | 0x | 0 | 0 |
| Total | 356.34x | 3744000 | 1334154000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Medistep Healthcare Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 5.57 | 3.91 | TBA |
| EBITDA | 5.60 | 3.93 | TBA |
| PAT | 4.14 | 2.91 | TBA |
| Total Assets | 22.86 | 14.79 | TBA |
| Share Capital | 10.47 | 4.90 | TBA |
| Total Borrowings | 0.39 | 0.16 | TBA |
| Operating Activities (Net Cash) | 4.17 | 2.93 | TBA |
| Investing Activities (Net Cash) | 0.00 | 0.00 | TBA |
| Financing Activities (Net Cash) | 0.39 | 0.16 | TBA |
| Net Cashflow | 1.31 | 0.01 | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Medistep Healthcare Ltd
Our Company was originally incorporated on June 05, 2023 as `Medistep Healthcare Limited', as a Public limited company under the Companies Act, 2013 bearing Corporate Identification Number U21009GJ2023PLC141841 pursuant to Certificate of Incorporation issued by Registrar of Companies, Ahmedabad. Thereafter our company acquired the business of Proprietorship Concern of one of our Promoter Mrs. Prajapati Hetalben Girdharilal viz, MG Pharma through the business transfer agreement dated July 02, 2023. Subsequently the business of the sole proprietorship firm was transferred into Medistep healthcare Limited.
The Indian pharmaceutical industry has proved to be the major player in the domestic and international market. This supremacy has been achieved through an enduring process of manufacturing, competitive prices practice, and highly skilled staff. One of the major strategies for Indian pharma sector in terms of growth is its global expansion which is the key driver of this industry's performance. The degree to which Indian pharma progresses towards the international level depends crucially on its flexibility and robustness in the global health arena.
Medistep Healthcare Limited is a Pharmaceutical Company that has carved a niche in the Healthcare Industry through its experience in manufacturing Sanitary pads, Energy powder and trading a diverse range of pharmaceutical products, Nutraceutical products, Intimate Products and surgical products through distribution network.
Peer Comparison:
- Medistep Healthcare Limited
- Fabino Enterprises Limited
- Achyut Healthcare Limited
Medistep Healthcare Ltd IPO Key Points
Strengths
- Experienced Promoters and Senior Management with extensive domain knowledge.
- Quality assurance and control.
- Market Potential.
- Investment in latest technology and maintain our edge in the market.
Risk
- The company provide its goods majorly in Gujarat, any adverse changes in the conditions affecting these regions can adversely affect its business, financial condition and results of operations.
- The company manufacturing facility are subject to operational risks. Any slowdown or shutdown in its manufacturing operations could adversely affect the company business, financial condition and results of operations.
- The company relies on domestic third-party suppliers for the supply of raw materials and any delay, interruption or reduction in such supply could adversely affect its business, results of operations, financial condition and cash flows.
Strategy
- Market Analysis and Targeting.
- Product Development and Innovation.
- Quality and Regulatory Compliance.
- Distribution and Sales Channels.
- Customer satisfaction.
- Experienced Promoters and Senior Management with extensive domain knowledge.
- Quality assurance and control.
- Market Potential.
- Investment in latest technology and maintain our edge in the market.
How To Apply for Medistep Healthcare Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
