Archive · 8 Aug 2025
Medistep Healthcare IPO Fully Subscribed
Medistep Healthcare, a maker of sanitary pads and energy powders, is selling shares to the public.
The IPO opened and was quickly subscribed.
The company is looking to raise money by selling shares at ₹43 each.
The funds will be used to expand its factory and cover daily expenses.
The shares will be listed on NSE’s SME platform called Emerge.
The company hopes to grow its business in India and abroad, capitalizing on rising demand for health and hygiene products.
Medistep Healthcare IPO fully subscribed in one hour.
The IPO closed on August 12.
The company aims to raise ₹16.10 crore.
Shares are priced at ₹43 each.
Listing is planned for the NSE's SME platform.
- Who
- Medistep Healthcare.
- What
- Medistep Healthcare IPO fully subscribed.
- When
- Opened August 8; closes August 12; listing expected on NSE SME platform.
- Where
- NSE SME platform.
- Why
- To expand factory, cover daily expenses, and grow the business.
- Company
- Medistep Healthcare
- IPO Price
- ₹43 per share
- Amount to be Raised
- ₹16.10 crore
- Closing Date
- August 12
- Listing Platform
- NSE SME
- Subscription
- 1.67 times oversubscribed
