Galaxy Medicare SME IPO Subscription
ListedUpdated 17 September 2025, 9:15 AM IST· NSE SME
Galaxy Medicare SME IPO subscription closed on 12 September 2025 at 1.83x overall by shares. QIB demand came in at 1.00x, NII at 1.55x, and retail at 1.83x. See Retail, SHNI, and BHNI allotment chances in the table…
Galaxy Medicare SME IPO subscription closed on 12 September 2025 at 1.83x overall by shares. QIB demand came in at 1.00x, NII at 1.55x, and retail at 1.83x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 15 September 2025. Listing date on NSE and BSE is 17 September 2025.
Galaxy Medicare SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Sept 2025 | 1.00x | 0.66x | 0.33x | 0.47x |
| Day 2 - 11 Sept 2025 | 1.00x | 1.05x | 0.70x | 0.84x |
| Day 3 - 12 Sept 2025 | 1.00x | 1.48x | 2.10x | 1.83x |
Galaxy Medicare SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Galaxy Medicare SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 1.83x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 0.47x | Very high |
| BHNI (above Rs 10L) | 0.13x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Galaxy Medicare SME IPO Allotment Status page from 15 September 2025 for your result.
Galaxy Medicare SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 54.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 43.20 L | Rs 43.20 L | 1.00x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 43.20 L | - |
| NII | Rs 8.29 Cr | Rs 12.87 Cr | 1.55x |
| bNII (above Rs 10L) | Rs 5.53 Cr | Rs 11.43 Cr | 2.07x |
| Corporate | - | Rs 1.12 Cr | - |
| Individual | - | Rs 10.30 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.76 Cr | Rs 1.45 Cr | 0.52x |
| Corporate | - | - | - |
| Individual | - | Rs 1.45 Cr | - |
| Other | - | - | - |
| IND | Rs 12.46 Cr | Rs 22.77 Cr | 1.83x |
| Total | Rs 21.19 Cr | Rs 36.07 Cr | 1.70x |
Galaxy Medicare SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 40 | 1 | 0.03x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 256 | 62 | 0.24x |
| bNII (above Rs 10L) | 171 | 22 | 0.13x |
| Corporate | - | 1 | - |
| Individual | - | 21 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 85 | 40 | 0.47x |
| Corporate | - | - | - |
| Individual | - | 40 | - |
| Other | - | - | - |
| IND | 577 | 1,054 | 1.83x |
| Total | 873 | 1,117 | 1.28x |
What Do These Subscription Numbers Mean?
1.83x overall by shares means bids covered about 2 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.00x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.24x by applications). Split: SHNI 0.47x, BHNI 0.13x by applications. SHNI and BHNI allotment is by lottery.
At 1.83x subscription by applications, about 1 in 2 retail applicants may get allotment (~55% chance per application). Retail allotment is also by lottery.
Galaxy Medicare SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 September 2025 |
| IPO Close Date | 12 September 2025 |
| Allotment Date | 15 September 2025 |
| Refund Initiation | 16 September 2025 |
| Share Credit to Demat | 16 September 2025 |
| Listing Date | 17 September 2025 |
| Minimum Investment | Rs 2,16,000.00 |
| Lot Size | 2000 shares |
About Galaxy Medicare SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Galaxy Medicare SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Galaxy Medicare SME Details
Issue size, price, financials, and company info
Galaxy Medicare SME GMP
Live grey market premium and listing estimate
Galaxy Medicare SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Galaxy Medicare SME Allotment
Allotment date, chances, and check by PAN
Galaxy Medicare SME Review
SWOT, strengths, risks, and IPO review
Galaxy Medicare SME FAQ
Common questions on dates, GMP, and allotment
Galaxy Medicare SME Registrar
Registrar website and how to check allotment
Galaxy Medicare SME Timeline
Open, close, allotment, and listing dates
Galaxy Medicare SME News
Updates, blogs, and latest IPO news
Galaxy Medicare SME IPO Subscription FAQs
What is Galaxy Medicare SME IPO subscription status today?
Galaxy Medicare SME IPO subscription closed on 12 September 2025 with overall subscription of 1.83x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 1.00x, NII 0.24x, IND 1.83x.
What is the overall subscription of Galaxy Medicare SME IPO?
Galaxy Medicare SME IPO is subscribed 1.83x overall by shares at close on 12 September 2025. QIB 1.00x, NII 0.24x, and IND 1.83x.
What is Galaxy Medicare SME IPO QIB subscription?
Galaxy Medicare SME IPO QIB (Qualified Institutional Buyers) subscription is 1.00x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Galaxy Medicare SME IPO IND subscription?
Galaxy Medicare SME IPO IND subscription is 1.83x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Galaxy Medicare SME IPO NII, SHNI, and BHNI subscription?
Galaxy Medicare SME IPO NII subscription is 0.24x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.47x and BHNI (above Rs 10L) at 0.13x.
What are Galaxy Medicare SME IPO retail allotment chances?
At 1.83x subscription by applications, about 1 in 2 retail applicants may get allotment (~55% chance per application). Allotment is by lottery.
What are Galaxy Medicare SME IPO SHNI allotment chances?
Galaxy Medicare SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Galaxy Medicare SME IPO BHNI allotment chances?
Galaxy Medicare SME IPO BHNI share subscription is 2.07x. Application data is needed for exact lottery chances.
When is Galaxy Medicare SME IPO allotment date?
Galaxy Medicare SME IPO allotment date is 15 September 2025. Check Galaxy Medicare SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Galaxy Medicare SME IPO subscription close?
Galaxy Medicare SME IPO subscription closed on 12 September 2025. No new applications are accepted after the close.
What is Galaxy Medicare SME IPO GMP today?
GMP for Galaxy Medicare SME IPO is not available yet. Track Galaxy Medicare SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Galaxy Medicare SME IPO issue price and lot size?
Galaxy Medicare SME IPO issue price is ₹54 per share. Lot size is 2000 shares. Minimum investment is ₹2,16,000 per lot (minimum 2 lots for SME). Issue size: ₹21.19 Cr.
When is Galaxy Medicare SME IPO listing date?
Galaxy Medicare SME IPO listing date is 17 September 2025 on NSE and BSE. Allotment is on 15 September 2025.
How does subscription affect Galaxy Medicare SME IPO allotment?
In Galaxy Medicare SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.83x overall, competition is moderate.
For allotment results from 15 September 2025, visit the Galaxy Medicare SME IPO Allotment Status page. For listing day updates on 17 September 2025, download the IPOwiz App.
Sources
We match Galaxy Medicare SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.