Galaxy Medicare Ltd IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Galaxy Medicare Ltd IPO consists of an offer for sale of 4.45 shares and a fresh issue of ₹17.86. The IPO’s price band is ₹51 – ₹54 per share. The company’s shares will be listed on NSE - SME on 17 Sep 25

The initial public offering of Galaxy Medicare Ltd ended the second day with investors bidding 0.7396 times the available shares. The retail investor portion of the IPO was subscribed 0.6049 times the available shares on offer. Retail investors have 2,308,000 / 4,132,000 (55.86%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers 80,000 / 3,056,000 (2.62%) portion of the IPO got bids for 1.0 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 1.0287 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Galaxy Medicare Ltd IPO

Offer for sale: 4.45 shares 

Fresh issue: 17.86 

Price Band: ₹51 – ₹ 54 per share 

Bid open dates: 10 Sep 25 

Allotment date: 15 Sep 25 

Listing date: 17 Sep 25