Mumbai, Sept. 17 -- The scrip was listed at Rs 54, matching the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 54 and a low of Rs 51.30. About 2.20 lakh shares of the company changed hands at the counter.

Galaxy Medicare's IPO was subscribed 1.79 times. The issue opened for bidding on 10 September 2025 and it closed on 12 September 2025. The price of the IPO was fixed between Rs 51 to Rs 54 per share.

The IPO comprised a fresh issue of 33,08,000 shares and offer for sale (OFS) of 8,24,000 shares by existing shareholders. The promoter and promoter shareholding diluted to 64.60% from 89.49% Pre-IPO.

The company intends to utilize the net proce...