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Galaxy Medicare Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 4440000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our Company was originally incorporated in the name & style of “Galaxy Medicare Limited” on July 23, 1992, in Bhubaneswar, Odisha as a Public Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation bearing CIN: U24232OR1992PLC003113, issued by Registrar of Companies, Cuttack, Odisha. The Registered Office of the Company is situated at Plot No-2, Zone D, Mancheswar Industrial Estate, Bhubaneswar, Khorda, Odisha, -751010, India. The company commenced its operations in 1992 when our founder, Mr. Dillip Kumar Das, acquired a closed business unit from Odisha Industrial Infrastructure Development Corporation (IDCO) and Odisha State Financial Corporation under the investment promotion, facilitation and aftercare strategy of Industrial Promotion and Investment Corporation of Odisha (IPICOL) and revived the business unit to start manufacturing of Medical Devices such as Plaster of Paris Bandage (POP Bandage), Medical Tapes and Bandages, Other surgical dressings and external preparations products of Wound care & Wound management including sterile surgical wound dressing, medical disposable, adhesive bandages, absorbent gauze, etc. Our business operations have been led by our Promoter Mr. Dillip Kumar Das and assisted by his younger son, Mr. Subhasish Das and his Daughter-in-Law, Mrs. Kiran Das who have experience in the Medical Device, Plasters of Paris Bandages (POP Bandage) and Other Surgical Dressing Industry.

Projects

1. Project Name: Funding Capital Expenditure requirement towards purchase of machinery for our existing manufacturing

Project Cost: 48.876

2. Project Name: Funding the working capital requirements

Project Cost: 99.775

Promoters

Prmoters Name

1. Dillip Kumar Das

2. Subhasish Das

3. Kiran Das

4. D.K. Das & Sons & HUF

Prmoters Holdings
  • Pre Share Capital: 11812476
  • Pre Promoter Holding: 99.57
  • Offer to Public: 4440000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Cameo Corporate Services Ltd
Phone: 044-28460390/28460394
Email:
Website:

Lead Managers

  • Affinity Global Capital Market Pvt Ltd.

Subscription Details