Comparison between Galaxy Medicare IPO and NSB BPO Solutions IPO.
Galaxy Medicare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while NSB BPO Solutions IPO is a SME Bookbuilding proposed to list at BSE SME.
| Galaxy Medicare IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Affinity Global Capital Market Pvt.Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Alacrity Securities Ltd. |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | RHP ![]() |
| Final Prospectus | Final Prospectus ![]() | Final Prospectus ![]() |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL ![]() | IPO Allotment URL ![]() |
The total issue size of Galaxy Medicare IPO is up to ₹21.19 Cr whereas the issue size of the NSB BPO Solutions IPO is up to ₹60.92 Cr. The final issue price of Galaxy Medicare IPO is ₹54.00 per share and of NSB BPO Solutions IPO is ₹121.00 per share.
| Galaxy Medicare IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹121.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 31,00,000 shares | 50,35,000 shares |
| Fresh Issue Size (Amount) | up to ₹16.74 Cr | up to ₹60.92 Cr |
| OFS Issue Size | 8,24,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4.45 Cr | up to ₹0.00 Cr |
| Issue Size Total | 39,24,000 shares | 50,35,000 shares |
| Issue Size Total (Amount) | up to ₹21.19 Cr | up to ₹60.92 Cr |
Galaxy Medicare IPO opens on Sep 10, 2025, while NSB BPO Solutions IPO opens on Sep 23, 2025. The closing date of Galaxy Medicare IPO and NSB BPO Solutions IPO is Sep 12, 2025, and Oct 07, 2025, respectively.
| Galaxy Medicare IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 10, 2025 | Sep 23, 2025 |
| Issue Close | Sep 12, 2025 | Oct 07, 2025 |
| Basis Of Allotment (Tentative) | Sep 15, 2025 | Oct 08, 2025 |
| Initiation of Refunds (Tentative) | Sep 16, 2025 | Oct 09, 2025 |
| Credit of Share (Tentative) | Sep 16, 2025 | Oct 09, 2025 |
| Listing date (Tentative) | Sep 17, 2025 | Oct 10, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Galaxy Medicare IPO P/E ratio is 19.01, as compared to NSB BPO Solutions IPO P/E ratio of 18.6.
| Galaxy Medicare IPO | NSB BPO Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Galaxy Medicare Ltd.'s revenue increased by 9% and profit after tax (PAT) dropped by 9% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)NSB BPO Solutions Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 64% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.57 | 45.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.43 | 33.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.01 | 18.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹81.93 Cr. | ₹279.62 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.88 | 7.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.38 | 9.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.25 | 0.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.84 | ₹7.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.35 | 7.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Galaxy Medicare IPO Retail Individual Investors (RII) are offered 23,08,000 shares while in NSB BPO Solutions IPO retail investors are offered 23,08,000 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Galaxy Medicare IPO and 53,000 shares in NSB BPO Solutions IPO.
| Galaxy Medicare IPO | NSB BPO Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,08,000 shares | 2,65,000 shares |
| QIB | 80,000 shares | 53,000 shares |
| NII | 15,36,000 shares | 24,82,000 shares |
| RII | 23,08,000 shares | 25,00,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 39,24,000 shares | 50,35,000 shares |
Galaxy Medicare IPO subscribed 1.83x in total, whereas NSB BPO Solutions IPO subscribed 0.76x.
| Galaxy Medicare IPO | NSB BPO Solutions IPO | |
|---|---|---|
| QIB (times) | 1.00x | 25.49x |
| NII (times) | 1.48x | 0.79x |
| Big NII (times) | 1.88x | 1.15x |
| Small NII (times) | 0.66x | 0.05x |
| RII (times) | 2.10x | 0.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.83x | 0.76x |