How to Check Medistep Healthcare IPO Allotment Status? Check Status on Registrar & NSE

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Last Updated: 12th August 2025 - 06:19 pm

Medistep Healthcare Limited is a pharmaceutical company producing sanitary pads, energy powder, and various pharmaceutical, nutraceutical, intimate, and surgical products, incorporated in June 2023. The company operates with nine employees as of December 28, 2024, and reported annualized revenues of ₹45.00 crore with a Profit After Tax of ₹4.08 crore as of December 30, 2024, offering products including DRYSTEP sanitary pads and VITASTEP Z energy powders while engaging in trading of various pharmaceutical items.

The Medistep Healthcare IPO came with a total issue size of ₹16.10 crore, comprising entirely a fresh issue of 0.37 crore shares aggregating to ₹16.10 crore. The IPO opened on August 8, 2025, and closed on August 12, 2025. The allotment for the Medistep Healthcare IPO is expected to be finalized on Wednesday, August 13, 2025. The Medistep Healthcare IPO share price was set at ₹43 per share.

Steps to Check Medistep Healthcare IPO Allotment Status on Registrar Site

  • Visit the Cameo Corporate Services Ltd. website 
  • Select "Medistep Healthcare" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Medistep Healthcare IPO Allotment Status on NSE

  • Navigate to the NSE IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "Medistep Healthcare" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

Medistep Healthcare IPO Subscription Status

Medistep Healthcare IPO received phenomenal investor interest, being subscribed 382.05 times overall. The subscription showed extraordinary confidence across categories in the Medistep Healthcare IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:00:01 PM on August 12, 2025:

  • Non-Institutional Investors (NII): 289.13 times.
  • QIB Category: Not available.

 

Date QIB NII Total
Day 1 August 8, 2025 - 2.49 9.48
Day 2 August 11, 2025 - 31.98 79.52
Day 3 August 12, 2025 - 289.13 382.05

Medistep Healthcare Share Price and Investment Details

The Medistep Healthcare IPO stock price was set at ₹43 per share with a minimum lot size of 3,000 shares. The minimum investment required for individual investors was ₹2,58,000 for 2 lots (6,000 shares). The issue did not include anchor investor allocation. Given the phenomenal subscription response of 382.05 times overall, with NII category showing extraordinary response at 289.13 times and individual investors demonstrating exceptional response at 460.94 times, the Medistep Healthcare IPO share price is expected to list with exceptional to phenomenal premium.

Utilisation of IPO Proceeds

The IPO is a complete offer for sale. Hence, the company will not receive any proceeds. The objective of the issue is to:

  • Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility: ₹0.51 crore.
  • Working Capital requirements: ₹12.34 crore.
  • General corporate purposes: ₹1.64 crore.

 

Business Overview

Medistep Healthcare Limited is a pharmaceutical company engaged in trading and manufacturing of pharmaceutical and healthcare products, offering a diverse product portfolio including high-quality sanitary pads, energy supplements, pharmaceutical items, nutraceutical products, intimate care and hygiene products, and surgical items.

The company operates with experienced promoters and management team, maximizing resources for quality supply and cost savings through economies of scale while manufacturing DRYSTEP sanitary pads and VITASTEP Z energy powders alongside trading various pharmaceutical and healthcare items. Committed to quality and seeking to expand their product line, the company supports medical professionals with necessary tools and equipment while addressing essential feminine hygiene needs and promoting overall health and wellness through their comprehensive product range.

 

 

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Krishca Strapping Solutions Limited

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  • Date Range 23 Oct- 27 Oct’23
  • Price 23
  • IPO Size 200
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