Comparison between Galaxy Medicare IPO and Grand Continent Hotels IPO.
Galaxy Medicare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Grand Continent Hotels IPO is a SME Bookbuilding proposed to list at NSE SME.
| Galaxy Medicare IPO | Grand Continent Hotels IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Affinity Global Capital Market Pvt.Ltd. | Indorient Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India 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 | 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 Grand Continent Hotels IPO is up to ₹70.73 Cr. The final issue price of Galaxy Medicare IPO is ₹54.00 per share and of Grand Continent Hotels IPO is ₹113.00 per share.
| Galaxy Medicare IPO | Grand Continent Hotels IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹107.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹113.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹113.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 31,00,000 shares | 59,30,400 shares |
| Fresh Issue Size (Amount) | up to ₹16.74 Cr | up to ₹67.01 Cr |
| OFS Issue Size | 8,24,000 shares | 3,28,800 shares |
| OFS Issue Size (Amount) | up to ₹4.45 Cr | up to ₹3.72 Cr |
| Issue Size Total | 39,24,000 shares | 62,59,200 shares |
| Issue Size Total (Amount) | up to ₹21.19 Cr | up to ₹70.73 Cr |
Galaxy Medicare IPO opens on Sep 10, 2025, while Grand Continent Hotels IPO opens on Mar 20, 2025. The closing date of Galaxy Medicare IPO and Grand Continent Hotels IPO is Sep 12, 2025, and Mar 24, 2025, respectively.
| Galaxy Medicare IPO | Grand Continent Hotels IPO | |
|---|---|---|
| Anchor Bid Date | Mar 19, 2025 | |
| Issue Open | Sep 10, 2025 | Mar 20, 2025 |
| Issue Close | Sep 12, 2025 | Mar 24, 2025 |
| Basis Of Allotment (Tentative) | Sep 15, 2025 | Mar 25, 2025 |
| Initiation of Refunds (Tentative) | Sep 16, 2025 | Mar 26, 2025 |
| Credit of Share (Tentative) | Sep 16, 2025 | Mar 26, 2025 |
| Listing date (Tentative) | Sep 17, 2025 | Mar 27, 2025 |
| Anchor Lockin End date 1 | Apr 24, 2025 | |
| Anchor Lockin End date 2 | Jun 23, 2025 |
Galaxy Medicare IPO P/E ratio is 19.01, as compared to Grand Continent Hotels IPO P/E ratio of 51.24.
| Galaxy Medicare IPO | Grand Continent Hotels 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)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.57 | 75.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.43 | 54.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.01 | 51.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹81.93 Cr. | ₹281.59 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.88 | 25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.38 | 17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.25 | 1.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.84 | ₹2.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.35 | 26.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Galaxy Medicare IPO Retail Individual Investors (RII) are offered 23,08,000 shares while in Grand Continent Hotels IPO retail investors are offered 23,08,000 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Galaxy Medicare IPO and 12,49,200 shares in Grand Continent Hotels IPO.
| Galaxy Medicare IPO | Grand Continent Hotels IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 18,73,200 shares |
| Market Maker Reservation | 2,08,000 shares | 3,30,000 shares |
| QIB | 80,000 shares | 12,49,200 shares |
| NII | 15,36,000 shares | 9,37,200 shares |
| RII | 23,08,000 shares | 21,87,600 shares |
| Employee | 0 shares | 12,000 shares |
| Others | ||
| Total | 39,24,000 shares | 62,59,200 shares |
Galaxy Medicare IPO subscribed 1.83x in total, whereas Grand Continent Hotels IPO subscribed 1.79x.
| Galaxy Medicare IPO | Grand Continent Hotels IPO | |
|---|---|---|
| QIB (times) | 1.00x | 2.93x |
| NII (times) | 1.48x | 1.39x |
| Big NII (times) | 1.88x | |
| Small NII (times) | 0.66x | |
| RII (times) | 2.10x | 1.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.83x | 1.79x |
