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Medistep Healthcare SME IPO Subscription

Listed

Updated 18 August 2025, 9:15 AM IST· NSE SME

Medistep Healthcare SME IPO subscription closed on 12 August 2025 at 382.14x overall by shares. NII at 289.13x, and retail at 460.94x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 13 August 2025. Listing date on NSE and BSE is 18 August 2025.

Issue Price
Rs 43.00
GMP Today
Rs 13.00 (+30.23%)
Overall Sub
382.14x
Issue Size
₹15.29 Cr
Allotment
13 Aug 2025
Listing
18 Aug 2025

Medistep Healthcare SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 8 Aug 2025-2.49x16.46x9.48x
Day 2 - 11 Aug 2025-31.98x126.96x79.52x
Day 3 - 12 Aug 2025-289.13x460.94x382.05x

Medistep Healthcare SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Medistep Healthcare SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)460.94x (shares)Updating soon

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 Medistep Healthcare SME IPO Allotment Status page from 13 August 2025 for your result.

Medistep Healthcare SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 43.00

CategoryAmount OfferedAmount AppliedSubscription
NIIRs 7.64 CrRs 2,208.02 Cr289.13x
INDRs 7.65 CrRs 3,526.09 Cr460.94x
TotalRs 15.29 CrRs 5,734.10 Cr375.11x

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.

CategoryShares OfferedShares BidSubscription
NII17,76,00051,34,92,000289.13x
IND17,79,00082,00,20,000460.94x
Total35,55,0001,33,35,12,000375.11x

What Do These Subscription Numbers Mean?

382.14x overall by shares means bids covered about 382 times the shares on offer. Allotment chances depend on applications in each category.

NII covers bids above Rs 2 lakh (289.13x by shares). SHNI and BHNI allotment is by lottery.

Retail at 460.94x by shares. Exact lottery chances need application data.

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 Key Dates

EventDate
IPO Open Date8 August 2025
IPO Close Date12 August 2025
Allotment Date13 August 2025
Refund Initiation14 August 2025
Share Credit to Demat14 August 2025
Listing Date18 August 2025
Minimum InvestmentRs 2,58,000.00
Lot Size3000 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 (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.

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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 August 2026, 4:32 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. Retail bids are up to Rs 2 lakh per PAN.

What is Medistep Healthcare SME IPO NII, SHNI, and BHNI subscription?

Medistep Healthcare SME IPO NII subscription is 289.13x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Medistep Healthcare SME IPO retail allotment chances?

Medistep Healthcare SME IPO retail share subscription is 460.94x. Application data is needed for exact lottery chances.

What are Medistep Healthcare SME IPO SHNI allotment chances?

Medistep Healthcare SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Medistep Healthcare SME IPO BHNI allotment chances?

Medistep Healthcare SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

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?

In Medistep Healthcare SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. 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.

Sources

We match Medistep Healthcare 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.