Galaxy Medicare Limited
NNSE:GML19.00
INR
-0.05
(-0.26%)
ISIN
INE09A801015
Return %
Stock
S&P 500
1Y
-5.71
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Dillip Kumar Das
- Full Time Employees
- 137
- Sector
- Health technology
- Industry
- Medical specialties
- Address
- Bhubaneswar India
- IPO Date
- Sep 17, 2025
- Website
- galaxy.in
- Similar Companies
- Business
- Galaxy Medicare Limited is an India-based medical consumables and healthcare equipment manufacturer specializing in the development, production, and export of orthopedic immobilization products, surgical dressings, and wound management solutions. The company manufactures and distributes an extensive portfolio of medical devices organized into distinct product categories, including orthopedic casting and support supplies such as Plaster of Paris (POP) bandages, orthopedic cast padding, and synthetic casting tapes marketed under proprietary brand names including POP BAND, G CAST, and GYPSOSOFT; surgical adhesives and tapes encompassing zinc oxide adhesive plasters, microporous surgical paper tapes, and perforated plastic medical tapes under brands such as CARETAPE and CAREPORE; compression and support bandages including cotton crepe bandages and elastic adhesive bandages; surgical wound dressings comprising absorbent cotton gauze, sterile gauze swabs, paraffin gauze dressings, roller bandages, gamjee rolls, and non-adherent sterile pads; and general medical disposables including surgical face masks and clinical procedure kits. The company serves public and private hospitals, government healthcare departments, nursing homes, clinical procurement organizations, and retail pharmaceutical distribution networks. Galaxy Medicare Limited operates manufacturing facilities situated in Mancheswar Industrial Estate in Bhubaneswar, Odisha, maintaining compliance with ISO 9001:2015 and ISO 13485:2016 international quality management standards. In addition to its domestic distribution across India, the company exports products to international markets including the United Kingdom, Germany, Malaysia, Nepal, and Bangladesh. In recent major developments, Galaxy Medicare Limited completed its initial public offering on the NSE Emerge platform in September 2025, raising approximately INR 22.31 crore to fund capital expenditure for new manufacturing machinery, meet working capital needs, and support business expansion. Over the last two years, the company has actively modernized its production infrastructure, upgraded automated finishing and packaging lines for its surgical dressing portfolios, and expanded its global distributor network to accelerate international market penetration. Galaxy Medicare Limited was incorporated in 1992 and is headquartered in Bhubaneswar, Odisha, India.