Galaxy Medicare IPO — Listing Performance
Galaxy Medicare IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 10 Sep 2025 |
| Listing date | 17 Sep 2025 |
| Overall subscription | 1.79x |
| Issue price | ₹54 |
| Listing-day close | ₹51.30 (-5%) |
| Recent market price | ₹16.90 (-68.7% vs issue) |
| 52-week range | ₹15.25 – ₹51.30 |
| Identifiers | NSE: GML · ISIN: INE09A801015 |
How the listing went
Galaxy Medicare listed at a discount, closing its first day 5% below the issue price, on tepid subscription of 1.79x.
Galaxy Medicare against every other debut on record
- Rank in 2025: 169 of 215 NSE debuts, on a -5% first-day close.
- 23rd percentile of 116 SME debuts in 2025 (median 6.52%).
- 24th of 31 debuts in September 2025.
- Subscribed 1.79x: 22nd percentile of 165 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
- Opened 0% above issue, then gave up 5 points to the close.
- Day-one range ₹51.30 to ₹54: a 5% swing on the issue price.
- Last close ₹16.90 (11 Sep 2026): 68.7% below issue, against -5% on day one.
- 5% up its 52-week range of ₹15.25 to ₹51.30.
- Priced at the top of the ₹51 to ₹54 band.
- Listed 5 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources