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Issue Open Date
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10-Sep-25
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Issue Closing Date
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12-Sep-25
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Application Money
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100
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Allotment Money
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Price Band
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51
-
54
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Minimium Application No.
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4000
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Issue Size (Shares)
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4132000
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Market Lot
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1
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Objective
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1. Funding Capital Expenditure requirement towards purchase of machinery for our existing manufacturing facility at Bhubaneshwar, Odisha2. Funding the working capital requirements3. General Corporate Purpose; and4. To meet the Offer expenses
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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2474000
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Qualified Institutional Buyers
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80000
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Retail Individual Investors
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4844000
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|
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Business Description
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.
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Promoter's Holding
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Total Share Capital
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11812476
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Offered to Public
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4440000
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Promoter's Holding (Pre-Issue)
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99.57
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Promoter's Holding (Post-Issue)
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Address |
Plot No. 2 Zone D Mancheswar Industrial Estate Khurda
Bhubaneswar,
Orissa,
751010
Phone : 7064810000 / 7381890000
Email : info@galaxy.in
Website : https://galaxy.in/
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Registrar |
Cameo Corporate Services Ltd
Subramanian Buildings No 1 Club House Road Chennai
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Listed at |
NSE
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Lead Manager |
Affinity Global Capital Market Pvt Ltd.
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Promoters |
D.K. Das & Sons & HUF Dillip Kumar Das Kiran Das Subhasish Das
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