Medistep Healthcare SME GMP - Live Grey Market Premium
Alloted
Medistep Healthcare Limited, incorporated in 2023, is a pharmaceutical company involved in the manufacturing of sanitary pads and energy powder, as well as the trading and distribution of a diverse range of pharmaceutical, nutraceutical, surgical, and intimate care products. The company manufactures sanitary pads under the brand 'DRYSTEP' and an energy powder under the brand 'VITASTEP'. It operates a manufacturing facility in Kheda, Gujarat. In addition to manufacturing its own products, Medistep Healthcare acts as a distributor and stockist for other manufacturers, wholesalers, and retailers, primarily catering to the Western region of India, particularly Gujarat. The company's business model combines manufacturing with trading and distribution, allowing for a wide product portfolio and diverse revenue streams.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
13 Aug 2025Live | 43 | 12 | 55 | +27.91 |
12 Aug 2025 | 43 | 13 | 56 | +30.23 |
11 Aug 2025 | 43 | 13 | 56 | +30.23 |
10 Aug 2025 | 43 | 20 | 63 | +46.51 |
9 Aug 2025 | 43 | 18 | 61 | +41.86 |
8 Aug 2025 | 43 | 18 | 61 | +41.86 |
7 Aug 2025 | 43 | 17 | 60 | +39.53 |
6 Aug 2025 | 43 | 12 | 55 | +27.91 |
5 Aug 2025 | 43 | 12 | 55 | +27.91 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.