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Medistep Healthcare: Medistep Healthcare shares get listed at 23.3% premium!

News by Aliceblue News Desk

18 Aug 2025

Medistep Healthcare: Medistep Healthcare shares get listed at 23.3% premium!

Medistep Healthcare debuted on the NSE at ₹53, reflecting a 23.3% premium over its issue price of ₹43. The IPO bidding ran from August 8 to August 12, 2025, with allotment finalized on August 13, 2025.

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Medistep Healthcare IPO details

Medistep Healthcare IPO witnessed overwhelming demand, subscribed 382.14 times overall by August 12, 2025, with retail investors bidding 461.11 times, non-institutional investors 289.15 times, while QIB subscription details (excluding anchor investors) remain undisclosed.

About Medistep Healthcare Ltd

Medistep Healthcare Ltd., incorporated in June 2023, is a pharmaceutical company offering sanitary pads, energy powders, pharmaceuticals, nutraceuticals, intimate care, and surgical products, focusing on quality, health, and expanding its diverse healthcare product portfolio.

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Medistep Healthcare IPO objective

The objective of Medistep Healthcare IPO is to raise ₹16.10 crores through a fresh issue of 0.37 crore shares, aimed at funding business expansion, meeting working capital needs, and supporting general corporate purposes.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

FAQs

Q: At what price did Medistep Healthcare list on the exchange?

A: Medistep Healthcare listed at ₹53 per share, a 23.3% premium over its issue price of ₹43.

Q: How much was Medistep Healthcare IPO subscribed?

A: The IPO was subscribed 382.14 times overall, with retail investors bidding 461.11 times, QIBs 0 times (Ex-anchor), and NIIs 289.15 times.

Q: What is the objective of Medistep Healthcare IPO?

A: The IPO aims to raise ₹16.10 crore through a fresh issue of 0.37 crore shares to fund expansion and working capital requirements.

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