Galaxy Medicare IPO vs Sundrex Oil IPO

Comparison between Galaxy Medicare IPO and Sundrex Oil IPO.

IPO Details

Galaxy Medicare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sundrex Oil IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Galaxy Medicare IPO is up to ₹21.19 Cr whereas the issue size of the Sundrex Oil IPO is up to ₹30.62 Cr. The final issue price of Galaxy Medicare IPO is ₹54.00 per share and of Sundrex Oil IPO is ₹86.00 per share.

 Galaxy Medicare IPOSundrex Oil IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹81.00 per share
Issue Price (Upper)₹54.00 per share₹86.00 per share
Issue Price (Final)₹54.00 per share₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size31,00,000 shares35,60,000 shares
Fresh Issue Size (Amount)up to ₹16.74 Crup to ₹30.62 Cr
OFS Issue Size8,24,000 shares0 shares
OFS Issue Size (Amount)up to ₹4.45 Crup to ₹0.00 Cr
Issue Size Total39,24,000 shares35,60,000 shares
Issue Size Total (Amount)up to ₹21.19 Crup to ₹30.62 Cr

IPO Timetable

Galaxy Medicare IPO opens on Sep 10, 2025, while Sundrex Oil IPO opens on Dec 22, 2025. The closing date of Galaxy Medicare IPO and Sundrex Oil IPO is Sep 12, 2025, and Dec 24, 2025, respectively.

Financials & KPIs

Galaxy Medicare IPO P/E ratio is 19.01, as compared to Sundrex Oil IPO P/E ratio of 10.69.

 Galaxy Medicare IPOSundrex Oil 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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets31.4932.5332.31
Total Income40.2736.9432.03
Profit After Tax3.373.711.57
EBITDA4.585.263.14
NET Worth18.3615.5411.94
Reserves and Surplus12.299.5114.78
Total Borrowing4.618.129.15
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Sundrex Oil Co.Ltd.'s revenue increased by 41% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets40.2138.4324.1514.93
Total Income19.1869.1249.1927.79
Profit After Tax1.945.442.570.40
EBITDA3.119.195.131.99
NET Worth17.2215.283.961.39
Reserves and Surplus7.575.632.970.41
Total Borrowing17.1317.3813.639.80
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.57100
Promoter Shareholding (Post-Issue)72.4372
P/E Ratio19.0110.69
Market Cap₹81.93 Cr.₹115.20 Cr.
ROE19.8835.63
ROCE22.3827.03
Debt/Equity0.251.14
EPS₹2.84₹8.04
RoNW18.3535.63

Shares Offered

In the Galaxy Medicare IPO Retail Individual Investors (RII) are offered 23,08,000 shares while in Sundrex Oil IPO retail investors are offered 23,08,000 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Galaxy Medicare IPO and 75,200 shares in Sundrex Oil IPO.

 Galaxy Medicare IPOSundrex Oil IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,08,000 shares1,88,800 shares
QIB80,000 shares75,200 shares
NII15,36,000 shares13,96,800 shares
RII23,08,000 shares20,89,600 shares
Employee0 shares0 shares
Others
Total39,24,000 shares35,61,600 shares

Bids Received (Subscription)

Galaxy Medicare IPO subscribed 1.83x in total, whereas Sundrex Oil IPO subscribed 1.53x.

 Galaxy Medicare IPOSundrex Oil IPO
QIB (times)1.00x1.00x
NII (times)1.48x1.01x
Big NII (times)1.88x0.97x
Small NII (times)0.66x1.10x
RII (times)2.10x1.90x
Employee (times)
Other (times)
Total (times)1.83x1.53x

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