Introduction
The Medistep Healthcare IPO closed its subscription window from August 8 to August 12, 2025, on the NSE SME platform. With the allotment expected on August 13, investors are eagerly waiting to confirm their allotment status. This guide explains how to check the status, the current GMP trend, and what investors can expect next.
1. Timeline: Know the Key Dates
| Event | Date |
|---|---|
| IPO Opens | August 8, 2025 |
| IPO Closes | August 12, 2025 |
| Allotment Finalized | August 13, 2025 |
| Refunds & Demat Credit | August 14, 2025 |
| Listing on NSE SME Platform | August 18, 2025 |
These dates provide a clear roadmap from application to listing.
2. Subscription & GMP Overview
- Subscription Levels: The IPO witnessed extraordinary interest with overall coverage reaching over 350× on the final day. Notably, Retail Investors subscribed nearly 461×, while Non-Institutional Investors recorded levels near 289×.(Devdiscourse, NDTV Profit, IPO Pandit, Trendlyne.com, NDTV Profit)
- Latest GMP: The Grey Market Premium stood at approximately ₹13 per share, suggesting a potential listing price near ₹56, reflecting about 30% premium over the IPO price of ₹43.(NDTV Profit)
3. How to Check Allotment Status
If you applied for the IPO, here are the steps to verify your allotment:
Via Registrar (Cameo Corporate Services):
- Visit the Cameo IPO allotment page.
- Select “Medistep Healthcare Ltd.” from the dropdown.
- Input your PAN, Application Number, or Demat ID.
- Complete the captcha and submit to view status.(IPO Ji, NDTV Profit)
Through NSE Allotment Portal:
- Go to the NSE IPO allotment platform.
- Choose “Equity & SME IPO Bid Details” and select “MEDISTEP.”
- Enter your Application Number and PAN.
- Submit to check whether shares are allotted.(NDTV Profit)
Via IPO Ji App / BSE:
- Use the IPO Ji app or visit their website to track status using PAN or application details.
- BSE’s IPO allotment page offers similar functionality.(IPO Ji)
4. What Happens After Allotment? The Next Steps
| Action | Scheduled Date |
|---|---|
| Refunds Initiated | August 14, 2025 |
| Shares Credited to Demat | August 14, 2025 |
| Listing on NSE SME | August 18, 2025 |
Allottees should see shares reflected in their Demat accounts by August 14, with listing typically occurring by August 18.(NDTV Profit, NDTV Profit)
5. What This Means for Investors
- High Oversubscription: A clear sign of strong investor confidence.
- GMP Insight: A healthy GMP indicates positive listing expectations, though it remains unofficial.
- Allotment Status: Checking status early helps plan for the listing and fund allocation.
Conclusion
The Medistep Healthcare IPO generated substantial investor interest in a short window. With allotment scheduled for August 13 and listing around August 18, it’s a pivotal time for applicants. Use the simple steps outlined above to quickly track your allotment status and prepare for listing.