“The first public issue of the company will expire on 12 August Gust,” Medistep Healthcare said in a statement. These shares are NSE SME. The platform is scheduled to be listed on August 18, the Medistep Healthcare said in a statement.
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In IPO.44 37..44 lakh equity shares fixed per share of Rs. It is worth 43, which is Rs. Collects the total issue of Rs. After the list, the company is expected to have a market capitalization of Rs 61.10 crore.
The company will use IPO’s revenue for its current production facility, working capital requirements and expansion of general corporate purposes for plant and machinery.
“Income from the IPO will strategically support our expansion efforts and strengthen our steps in domestic and international markets,” said Gidhari Lal Prajapati, Managing Director of Medistep Healthcare.
The company is in the business of trading of various pharmaceutical products, nutritional products, intimate products and surgical products through the production and distribution network of sanitary pads and energy powder.
On the financial front, the company has paid Rs. Revenue from a performance of Rs 49.65 crore, which was Rs. 39.07 crore. In the previous financial year, its profit has increased to 4.14 crore after tax (PAT) in FY 25, compared to 33.3333 crore.
Fast Track Finsec is the only lead manager of public issue while Camio Corporate Services is the Registrar of this issue.
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