Star Imaging IPO – Key Details and Investment Highlights
The Star Imaging IPO will open on August 8, 2025, and close on August 12, 2025. It is a Book Built Issue, with the company planning to raise approximately ₹69.47 crores. This includes a fresh issue worth ₹55.66 crores and an Offer for Sale (OFS) of up to 9,72,000 equity shares, each having a face value of ₹10.
The price band for the IPO is set between ₹135 to ₹142 per share. The issue allocation is divided as follows:
Qualified Institutional Buyers (QIB): 50%
Retail Investors: 35%
High Net-Worth Individuals (HNI): 15%
The basis of allotment is expected to be finalized on August 13, 2025, and the listing is scheduled on BSE on August 18, 2025.
Star Imaging Financial Performance
The company has demonstrated strong financial growth:
Revenue: ₹79.97 crores in FY2024 vs ₹58.68 crores in FY2023
Net Profit: ₹12.45 crores in FY2024 vs ₹0.58 crores in FY2023
This significant improvement in both revenue and profitability highlights Star Imaging’s robust business expansion and operational efficiency. Based on its financials, the IPO appears to be a promising long-term investment opportunity.
Star Imaging IPO Objectives:
The net proceeds from the Star Imaging IPO will be utilized for the following purposes:
- To meet working capital requirements, ensuring smooth day-to-day business operations.
- Repayment or prepayment of certain borrowings availed by the company, to reduce debt and strengthen the balance sheet.
- Funding capital expenditure towards the purchase of refurbished medical equipment for use in its existing diagnostic facilities.
- General corporate purposes, including business expansion, brand building, and other strategic initiatives.
Star Imaging IPO Review (Apply or Not)
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Star Imaging IPO Date & Price Band Details:
| IPO Open Date: | August 8, 2025 |
| IPO Close Date: | August 12, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹135 to ₹142 Per Share |
| Issue Size: | Approx ₹69.47 Crores |
| Fresh Issue: | Approx ₹55.66 Crores |
| Offer for Sale: | Approx 9,72,000 Equity Shares |
| Lot Size: | 1,000 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Star Imaging IPO Lot Size:
The minimum market lot for the Star Imaging IPO is 2,000 equity shares, requiring a total application amount of ₹2,84,000 for retail investors.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,84,000 |
| Retail Maximum | 2 | 2,000 | ₹2,84,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,26,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,94,000 |
| B-HNI Minimum | 8 | 8,000 | ₹11,36,000 |
Star Imaging IPO Allotment & Listing Date (Details)
The Star Imaging IPO will open for subscription on August 8, 2025, and close on August 12, 2025. The basis of allotment will be finalized on August 13, 2025, and the shares are expected to be listed on the BSE on August 18, 2025.
| IPO Open Date: | August 8, 2025 |
| IPO Close Date: | August 12, 2025 |
| Basis of Allotment: | August 13, 2025 |
| Refunds: | August 14, 2025 |
| Credit to Demat Account: | August 14, 2025 |
| IPO Listing Date: | August 18, 2025 |
Star Imaging IPO GMP Today:
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Promoter of Star Imaging IPO
The promoter of Star Imaging Limited is Mr. Pawan Gupta, who plays a key leadership role in driving the company’s vision and strategic growth.
Star Imaging IPO – Financial Performance
Star Imaging Limited recorded a revenue of ₹79.97 crores in FY2024, showing strong growth compared to ₹58.68 crores in FY2023. The company’s net profit also saw a significant increase, rising to ₹12.45 crores in FY2024 from ₹0.58 crores in FY2023, reflecting improved operational efficiency and robust business performance.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹69.27 | ₹59.88 | ₹6.29 | ₹58.34 |
| 2023 | ₹58.68 | ₹57.79 | ₹0.58 | ₹61.23 |
| 2024 | ₹79.97 | ₹63.86 | ₹12.45 | ₹81.64 |
| September 2024 | ₹42.67 | ₹34.35 | ₹6.21 | ₹82.64 |
Star Imaging IPO Valuation – FY2024
Below are the key valuation metrics for Star Imaging Limited based on its FY2024 financial performance:
| KPI | Values |
| ROE: | -% |
| ROCE: | 29.54% |
| EBITDA Margin: | 28.46% |
| PAT Margin: | 15.72% |
| Debt to equity ratio: | 0.98 |
| Earning Per Share (EPS): | ₹82.25 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 39.46% |
| Net Asset Value (NAV): | ₹208.46 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Chandan Healthcare Ltd | – | – | – | – | – |
| Vijaya Diagnostic Centre Ltd | – | – | – | – | – |
| Metropolis Healthcare Ltd | – | – | – | – | – |
Star Imaging IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: sipll.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
Star Imaging Company Address
Star Imaging & Path Lab Ltd.
4B/4,
Tilak Nagar, Near Sant Pura,
Tilak Nagar West Delhi,
New Delhi, New Delhi, 110018
Phone: +91 9990019189
Email: cs@starimaging.in
Website: https://www.starimaging.in/
Star Imaging IPO – Frequently Asked Questions (FAQs)
Q1. What are the Star Imaging IPO opening and closing dates?
The IPO opens on August 8, 2025, and closes on August 12, 2025.
Q2. What type of issue is the Star Imaging IPO?
It is a Book Built Issue IPO.
Q3. What is the price band for the Star Imaging IPO?
The price band is set between ₹135 to ₹142 per equity share.
Q4. What is the lot size and minimum investment required?
The minimum lot size is 2,000 shares, requiring a total investment of ₹2,84,000.
Q5. What is the total issue size of the IPO?
The IPO aims to raise approximately ₹69.47 crores, comprising a fresh issue of ₹55.66 crores and an Offer for Sale (OFS) of up to 9,72,000 shares.
Q6. What is the allotment and listing date for the IPO?
The basis of allotment will be finalized on August 13, 2025, and the listing is expected on the BSE on August 18, 2025.
Q7. What are the objects of the Star Imaging IPO?
The IPO proceeds will be used for:
- Meeting working capital requirements
- Repayment/prepayment of certain borrowings
- Purchasing refurbished medical equipment for existing facilities
- General corporate purposes
Q8. Who is the promoter of Star Imaging Limited?
The company is promoted by Mr. Pawan Gupta.
Q9. How has the company performed financially in recent years?
In FY2024, the company reported revenue of ₹79.97 crores and a net profit of ₹12.45 crores, up from ₹58.68 crores revenue and ₹0.58 crores profit in FY2023.
Q10. What are the key valuation metrics for the IPO?
- EPS: ₹8.49
- P/E Ratio: 16.73x – 17.73x
- RoNW: 43.97%
- NAV: ₹19.31 per share
