ListedSMEPharmaceuticals & DrugsMEDISTEP

Medistep Healthcare IPO

Medistep Healthcare IPO is an SME IPO raising ₹16 Cr at a fixed price of ₹43 a share. It listed on 18 Aug 2025 at ₹48, +11.3% against its issue price of ₹43, and trades at ₹23 today (−47.7% since issue). It was subscribed 373× in total.

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₹43

Issue price

₹23

Price now

−47.7%

Since issue price

18 Aug 2025

Listed on

373×Subscribed (final) · all exchanges

373.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹43

Cut-off price₹43

Issue size₹16 Cr

Shares per lot3000

Minimum application₹1,29,000

Minimum quantity6000

Face value₹10

Listing exchangesNSE

ISININE0UOY01019

Bidding hours10:00 – 17:00 IST

Bidding window8 Aug 2025 – 12 Aug 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.