Medistep Healthcare SME IPO Subscription Status
Medistep Healthcare SME IPO closed on 12 August 2025 with an overall subscription of 382.14x based on shares applied. NII at 289.13x, and retail at 460.94x.
Allotment will be finalised on 13 August 2025. The stock is scheduled to list on NSE and BSE on 18 August 2025.
Issue Price
Rs 43.00
GMP Today
Rs 13.00 (+30.23%)
Overall Subscription
382.14x
Issue Size
₹15.29 Cr
Allotment Date
13 Aug 2025
Listing Date
18 Aug 2025
Medistep Healthcare SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 43.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| NII | Rs 7.64 Cr | Rs 2,208.02 Cr | 289.13x |
| IND | Rs 7.65 Cr | Rs 3,526.09 Cr | 460.94x |
| Total | Rs 15.29 Cr | Rs 5,734.10 Cr | 375.11x |
Medistep Healthcare SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| NII | 17,76,000 | 51,34,92,000 | 289.13x |
| IND | 17,79,000 | 82,00,20,000 | 460.94x |
| Total | 35,55,000 | 1,33,35,12,000 | 375.11x |
What Do These Subscription Numbers Mean?
A subscription of 382.14x by shares means the IPO received bids for 382 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
NII at 289.13x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 460.94x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Medistep Healthcare SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 460.94x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Medistep Healthcare SME IPO Allotment Status page from 13 August 2025 for your allotment result.
Medistep Healthcare SME IPO GMP After Subscription
GMP for Medistep Healthcare SME stands at Rs 13.00 today, giving an estimated listing price of Rs 56.00 per share.
The GMP has been mixed from Rs 12.00 on 5 Aug 2025 to Rs 12.00 on 13 Aug 2025.
A subscription of 382.14x combined with a GMP of 30.23% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Medistep Healthcare SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Medistep Healthcare SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 8 Aug 2025 | - | 2.49x | 16.46x | 9.48x |
| Day 2 - 11 Aug 2025 | - | 31.98x | 126.96x | 79.52x |
| Day 3 - 12 Aug 2025 | - | 289.13x | 460.94x | 382.05x |
Medistep Healthcare SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 8 August 2025 |
| IPO Close Date | 12 August 2025 |
| Allotment Date | 13 August 2025 |
| Refund Initiation | 14 August 2025 |
| Share Credit to Demat | 14 August 2025 |
| Listing Date | 18 August 2025 |
| Minimum Investment | Rs 2,58,000.00 |
| Lot Size | 3000 shares |
About Medistep Healthcare SME
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.
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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Medistep Healthcare SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Medistep Healthcare SME IPO Allotment Status
Check allotment result on allotment date
Medistep Healthcare SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Medistep Healthcare SME IPO Subscription FAQs
What is Medistep Healthcare SME IPO subscription status today?
Medistep Healthcare SME IPO subscription closed on 12 August 2025 with overall subscription of 382.14x (by shares) as of 27 June 2026, 2:01 AM IST. QIB N/A, NII 289.13x, IND 460.94x.
What is the overall subscription of Medistep Healthcare SME IPO?
Medistep Healthcare SME IPO is subscribed 382.14x overall by shares at close on 12 August 2025. QIB N/A, NII 289.13x, and IND 460.94x.
What is Medistep Healthcare SME IPO QIB subscription?
QIB subscription for Medistep Healthcare SME IPO will appear here once institutional bids are recorded.
What is Medistep Healthcare SME IPO IND subscription?
Medistep Healthcare SME IPO IND subscription is 460.94x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Medistep Healthcare SME IPO NII subscription?
Medistep Healthcare SME IPO NII (Non-Institutional Investors) subscription is 289.13x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Medistep Healthcare SME IPO for retail?
Medistep Healthcare SME IPO retail share subscription is 460.94x. Application-wise data is needed for accurate lottery odds.
When is Medistep Healthcare SME IPO allotment date?
Medistep Healthcare SME IPO allotment date is 13 August 2025. Check Medistep Healthcare SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Medistep Healthcare SME IPO subscription close?
Medistep Healthcare SME IPO subscription closed on 12 August 2025. No new applications are accepted after the close.
What is Medistep Healthcare SME IPO GMP today?
Medistep Healthcare SME IPO GMP is ₹13 today (+30.23% over issue price ₹43). See live GMP on the Medistep Healthcare SME IPO GMP Today page.
What is Medistep Healthcare SME IPO issue price and lot size?
Medistep Healthcare SME IPO issue price is ₹43 per share. Lot size is 3000 shares. Minimum investment is ₹2,58,000 per lot (minimum 2 lots for SME). Issue size: ₹15.29 Cr.
When is Medistep Healthcare SME IPO listing date?
Medistep Healthcare SME IPO listing date is 18 August 2025 on NSE and BSE. Allotment is on 13 August 2025.
How does subscription affect Medistep Healthcare SME IPO allotment?
Allotment odds in Medistep Healthcare SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 382.14x overall, competition is very high.
For allotment results from 13 August 2025, visit the Medistep Healthcare SME IPO Allotment Status page. For listing day updates on 18 August 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.