Despite the modest size, the issue has drawn a remarkable market interest. The Gray Market Premium (GMP) has risen to 40% compared to the issue price prior to the offer, which indicates a strong investor hunger and potential for upward debut. With a GMP from RS 17, the implicit listing price is approximately RS 60 per share.
The IPO consists of a 100% fresh issue of 37.44 Lakh shares, without offer for sale. From the total problem.
The problem is led by Fast Track Finnec as the lead manager of Book-Running, while Cameo Corporate Services is the registrar.
Medistep Healthcare is a company for pharmaceutical and welfare products. It produces and trades a series of items, including sanitary pads (Drystep brand), energy powder (Vitastep Z), nutraceuticals, pharmaceutical products and intimate and surgical products.
The company claims to concentrate on affordable, quality -controlled offers tailored to essential needs in health care and hygiene, and it is planning to scale both production and trade verticals after the list. The company has an income from RS 49.66 Crore in FY25, a 27% Yoy-goame, with RS 40%. (RS 12.34 Crore), and for general business purposes.
((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
#Medistep #Healthcare #IPO #opens #today #Check #GMP #issue #price #band #details