<h1>Healthcare products maker proposes IPO of 4,132,000 shares at ?51-54, lot size 2,000; opens Sep 10-12, 2025</h1> A healthcare products manufacturer and exporter proposes an IPO of up to 4,132,000 equity shares (face value ?10) on the NSE Emerge platform, with a price band of ?51-?54 per share and an upper- band raise of ?22.31 crore. The offer comprises a fresh issue of up to 3,308,000 shares and an offer for sale of up to 824,000 shares; lot size is 2,000 shares. Allocations include QIBs (up to 80,000), non-institutional investors (=1,536,000), retail investors (=2,308,000) and market maker (up to 208,000). The issue opens Sep 10 and closes Sep 12, 2025. Net proceeds will fund machinery capex, working capital and general corporate purposes. Book-running lead manager and registrar appointed. Financials: FY25 revenue ?3,920.16 lakh, EBITDA ?458.42 lakh, PAT ?337.04 lakh.