
Star Imaging IPO description – Established in 2004, Star Imaging & Path Lab is a leading NABL-accredited diagnostic service provider in India, operating across Delhi (B2C, B2B, B2G), Uttar Pradesh (B2G), and Nasik (B2G). Originating in 1978 as Janta X-Ray Clinic, the company has grown from offering basic X-rays and pathology tests to delivering a full suite of advanced diagnostic services under one roof, including radiology, pathology, cardiology, and neurology.
With a workforce of 211 full-time employees as of 31 March 2025, Star Imaging offers a wide range of diagnostic services, such as digital X-rays (Allengers 525R SR, AGFA CR 85-X), mammography (Fujifilm AMULET), CT scans (GE Optima CT660), 4D/5D ultrasound (Samsung 5D V6), BMD (GE DEXA), and dental OPG (Cone Beam). The company also operates a central tele-radiology hub for remote diagnostics, ensuring scalability and operational efficiency.
In the pathology domain, its services include biochemistry, hematology, histopathology, cytopathology, microbiology, and immunology.

Promoters of Star Imaging & Path Lab – Mr. Pawan Gupta and Ms. Chhaya Gupta
Table of Contents
Star Imaging & Path Lab IPO Details
| Star Imaging IPO Dates | 8 – 12 August 2025 |
| Star Imaging Issue Price | INR 135 – 142 per share |
| Fresh Issue | 39,20,000 shares (INR 52.92 – 55.66 crore) |
| Offer For Sale | 9,72,000 shares (INR 13.12 – 13.80 crore) |
| Total IPO Size | 48,92,000 shares (INR 66.04 – 69.47 crore) |
| Minimum Bid | 2,000 shares (INR 2,84,000) |
| Lot Size | 1,000 shares |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | BSE SME |
Star Imaging Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 58.53 | 78.78 | 83.50 |
| Expenses | 57.79 | 63.86 | 62.36 |
| Net income | 0.58 | 12.45 | 15.96 |
Star Imaging Offer News
- Star Imaging RHP
- Star Imaging Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Star Imaging Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.43 | 9.20 | 11.80 |
| PE ratio | – | – | 11.44 – 12.03 |
| RONW (%) | 3.13 | 49.53 | 40.65 |
| NAV | 14.03 | 23.22 | 34.93 |
| ROCE (%) | 5.74 | 29.54 | 23.10 |
| EBITDA (%) | 9.95 | 28.46 | 34.25 |
| Debt/Equity | 1.40 | 0.98 | 0.69 |
Star Imaging IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Star Imaging IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered | 8,71,000 | 6,57,000 | 15,28,000 | 52,000 | 31,08,000 |
| 12 Aug 2025 | 12.85 | 5.11 | 2.31 | 0.31 | 5.82 |
| 11 Aug 2025 | 0.00 | 1.12 | 0.41 | 26.12 | 0.87 |
| 8 Aug 2025 | 0.00 | 0.13 | 0.05 | 3.19 | 0.11 |
The market maker reservation portion of 4,80,000 shares and the anchor investor portion of 13,04,000 shares are not included in the above calculations.
Star Imaging IPO Allotment Status
Star Imaging IPO allotment status is now available on the KFin Tech website. Click on this link to get the allotment status.
Star Imaging IPO Dates & Listing Performance
| IPO Opening Date | 8 August 2025 |
| IPO Closing Date | 12 August 2025 |
| Finalization of Basis of Allotment | 13 August 2025 |
| Initiation of refunds | 14 August 2025 |
| Transfer of shares to demat accounts | 14 August 2025 |
| IPO Listing Date | 18 August 2025 |
| Opening Price on BSE SME | INR 142 per share (no change) |
| Closing Price on BSE SME | INR 137.65 per share (down 3.06%) |
Star Imaging Offer Lead Manager
SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED
A-15, Basement, Sector-64,
Noida – 201301, Uttar Pradesh, India
Phone: +91-0120-4910000
Email: [email protected]
Website: www.shareindia.co.in
Star Imaging Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Star Imaging Contact Details
STAR IMAGING AND PATH LAB LIMITED
4B/4, Tilak Nagar, Near Sant Pura, Tilak Nagar
West Delhi, New Delhi- 110018, India
Phone: +91 9990019189
E-mail: [email protected]
Website: www.starimaging.in
IPO FAQs
What is the size of the Star Imaging offer?
Star Imaging offer size is INR 66.04 – 69.47 crores.
What is the Star Imaging offer price band?
Star Imaging public offer price is INR 135 – 142 per share.
What is the lot size of the Star Imaging IPO?
Star Imaging offer lot size is 1,000 shares.
What is the Star Imaging IPO GMP today?
Star Imaging IPO GMP today is INR NA per share.
What is the Star Imaging kostak rate today?
Star Imaging kostak rate today is INR NA per application.
What is the Star Imaging IPO Subject to Sauda rate today?
Star Imaging Subject to Sauda rate today is INR NA per application.




































