Pramodini Medicare IPO
GMP, Subscription, Price, Dates & Financial Details
Hospital & Healthcare Services
Incorporated in 2000, Pramodini Medicare Limited is an Indian diagnostic healthcare service provider offering technology-enabled diagnostic solutions across the radiology, clinical laboratory, and nuclear medicine segments. The company caters to a diverse customer base, including government…
Open Date
Wed, 12 Aug 2026
Close Date
Fri, 14 Aug 2026
Price Band
₹ 110 – 118
Lot Size
1200
Issue Size
₹ 69.04 Cr
Minimum Investment
₹ 283,200 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Pramodini Medicare IPO subscription has closed. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹69 Crore, comprising a fresh issue of 50.15 Lakh equity shares aggregating to ₹63.14 Crore and an offer for sale (OFS) of 5.00 Lakh equity shares aggregating to ₹5.90 Crore by the existing shareholders.
The company had fixed the price band at ₹110 to ₹118 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹283,200 (based on the upper price band) to apply for one lot.
Purva Sharegistry India Pvt Ltd is the registrar to the issue. Smart Horizon Capital Advisors Private Limited are the Book Running Lead Managers (BRLMs) to the issue.
With the subscription period now closed, investors can expect the basis of allotment to be finalized on August 17, 2026. Successful applicants are likely to receive shares in their demat accounts before the tentative listing on NSE SME Platform on August 19, 2026.
Pramodini Medicare IPO Timeline (Tentative)
- IPO Open Date
- Wed, 12 Aug 26
- IPO Close Date
- Fri, 14 Aug 26
- Basis of Allotment
- Mon, 17 Aug 26
- Initiation of Refunds
- Tue, 18 Aug 26
- Credit of Shares to Demat
- Tue, 18 Aug 26
- Listing Date
- Wed, 19 Aug 26 — NSE & BSE
Open Date
12 August 2026
Close Date
14 August 2026
Basis Of Allotment
17 August 2026
Listing Date
19 August 2026
IPO Subscription
Check Live Subscription →The Pramodini Medicare IPO has received bids for 1,64,31,600 shares against 41,54,400 shares offered, resulting in an overall subscription of 3.96x. the NII category is subscribed 5.31x, Retail Investors 3.49x, and QIBs 3.66x. Within the NII category, BNII is subscribed 5.55x, while SNII is subscribed 4.82x.
QIB
3.66x
NII
5.31x
BNII
5.55x
SNII
4.82x
RII
3.49x
Total
3.96x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,23,200 shares, representing 36.68% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,71,200 shares (21.24%), while Non-Institutional Investors (NIIs) receive 9,60,000 shares (17.41%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 1,360,800 | 24.67% |
| Qualified Institutions | 1,171,200 | 21.24% |
| Non-Institutional | 960,000 | 17.41% |
| BNII | 639,600 | 11.6% |
| SNII | 320,400 | 5.81% |
| Retail Investors | 2,023,200 | 36.68% |
| Total | 5,515,200 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 93.62 | 56.45 | 48.78 |
| Revenue | 63.38 | 38.55 | 35.79 |
| Profit After Tax | 17.38 | 11.14 | 7.14 |
| Net Worth | 53.15 | 35.77 | 24.75 |
| Reserve & Surplus | 36.46 | 34.49 | 23.46 |
| Total Borrowings | 17.85 | 10.81 | 11.96 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Pramodini Medicare Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 39.08 | 36.44 | 32.76 |
| ROCE % | 34.66 | 36.48 | 31.9 |
| Debt / Equity | 0.34 | 0.3 | 0.3 |
| RoNW % | 32.69 | 30.83 | 28 |
| Pat Margin % | 27.9 | 28.84 | 19.67 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Pramodini Medicare Ltd | 10 | 0 | 10.41 | 10.41 | 32.69 | 31.84 |
| Invicta Diagnostic Ltd | 10 | 13.62 | 4.9 | 4.9 | 9.76 | 39.71 |
| Krsnaa Diagnostics Ltd | 5 | 16.74 | 31.3 | 31.3 | 10.35 | 302.23 |
| Star Imaging & Path Labs Ltd | 10 | 7.87 | 11.05 | 11.05 | 16.58 | 66.65 |
About Pramodini Medicare Limited
Incorporated in 2000, Pramodini Medicare Limited is an Indian diagnostic healthcare service provider offering technology-enabled diagnostic solutions across the radiology, clinical laboratory, and nuclear medicine segments. The company caters to a diverse customer base, including government hospitals, private hospitals, public sector undertakings (PSUs), medical colleges, and private diagnostic centres across Tier I, Tier II, and Tier III cities in India.
Service Portfolio
The company's comprehensive range of diagnostic services includes:
- Radiology Services: MRI, CT Scan, X-ray, Ultrasound with Colour Doppler, Mammography, DEXA Scan, and Interventional Radiology.
- Clinical Laboratory Services: Haematology, Microbiology, Immunology, Pathology, and Biochemistry.
- Nuclear Medicine Services: PET-CT, SPECT, and Nuclear Therapy.
Pramodini Medicare Limited also operates a 24×7 Teleradiology Centre and a Central Processing Laboratory in Vijayawada, enabling timely reporting and efficient diagnostic support across its network.
Business Model
The company operates through four key business models:
- Public-Private Partnership (PPP): Operates diagnostic centres within government hospitals and medical colleges under long-term Memorandums of Understanding (MOUs).
- Private-Private Partnership (Pvt-Pvt): Establishes and manages diagnostic centres within private hospitals through partnership agreements.
- Strategic Partnerships with Public Sector Undertakings (PSUs): Collaborates with Government of India PSUs to establish and operate diagnostic and imaging centres across multiple states.
- Standalone Diagnostic Centres: Owns and operates independent diagnostic centres and laboratories that provide services directly to patients as well as hospitals.
Each diagnostic centre functions under a separate agreement or MOU, with contractual terms tailored to the specific location and operating requirements.
Operations
As of August 4, 2026, Pramodini Medicare Limited operated 16 diagnostic centres across seven Indian states, providing a broad spectrum of diagnostic services through its integrated healthcare network.
Workforce
As of March 31, 2026, the company employed 161 permanent employees.
Pramodini Medicare IPO Promoters
- Chalasani Durga Aashritha
- Chalasani Kavitha
- Chalasani Kuldeep Kumar
- Chalasani Lalithakumar
- Sri Ram Medicare Pvt.Ltd.
Promoters Holding
Holding Pre Issue
85.71%
Holding Post Issue
62.64%
Pramodini Medicare IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of capital expenditure for purchase of Medical Equipments towards Existing and Proposed Diagnostic Centres
- General corporate purposes and unidentified inorganic acquisition
Pramodini Medicare Limited Address / Contact Details
Pramodini Medicare Ltd
D. No: - 29-4-54K, CSI Complex,
Prakasam Road,
Suryaraopet
Vijayawada, Andhra Pradesh, 520002
Telephone: +91 9985782727
Email: investors@pramodinidiagnostics.com
Website: http://www.pramodinidiagnostics.com/
IPO Snapshot
Pramodini Medicare IPO Lot Size
The Pramodini Medicare IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,83,200 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,83,200.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 283,200.00 |
| Retail (Max) | 2 | 2,400 | 283,200.00 |
| S-HNI (Min) | 3 | 3,600 | 424,800.00 |
| S-HNI (Max) | 7 | 8,400 | 991,200.00 |
| B-HNI (Min) | 8 | 9,600 | 1,132,800.00 |
Issue Reservation
- Anchor Investors — 24.67%
- QIB — 21.24%
- NII — 17.41%
- RII — 36.68%
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Pramodini Medicare IPO?
Pramodini Medicare IPO is a Book-building IPO with a total issue size of ₹69.04 crore. The Pramodini Medicare IPO price band is ₹110 to 118 per share. The Pramodini Medicare IPO subscription opens on Wed, Aug 12, 2026, and closes on Fri, Aug 14, 2026. The Pramodini Medicare IPO will be listed on the NSE. Purva Sharegistry India Pvt Ltd is the registrar for the Pramodini Medicare IPO.
When will the Pramodini Medicare IPO open for subscription?
The Pramodini Medicare IPO opens on Wed, Aug 12, 2026 and closes on Fri, Aug 14, 2026
What is Pramodini Medicare IPO Price Band?
Pramodini Medicare IPO Price Band is ₹110 to 118 per share.
What is Pramodini Medicare IPO Lot Size?
Pramodini Medicare IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹283200 based on the upper price band
What is the minimum investment for Pramodini Medicare IPO?
The minimum investment for Pramodini Medicare IPO is ₹283200, based on one lot of 1200 shares at the upper price band of ₹118 per share.
How to apply for Pramodini Medicare IPO?
Investors can apply for the Pramodini Medicare IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 14, 2026. The application amount remains blocked until the Pramodini Medicare IPO allotment is finalized.
What is Pramodini Medicare IPO Issue Size?
Pramodini Medicare IPO issue size is ₹69.04 crores.
What is the Pramodini Medicare IPO Allotment Date?
Pramodini Medicare IPO allotment date is Mon, Aug 17, 2026.
Who is the Pramodini Medicare IPO Registrar?
The registrar for Pramodini Medicare IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website to check Pramodini Medicare IPO allotment status, refund processing, and other IPO-related information.
What is the Pramodini Medicare IPO GMP?
The Pramodini Medicare IPO GMP (Grey Market Premium) is ₹0 as of Thu, Aug 6, 2026. Based on the upper price band of ₹118 per share, the estimated Pramodini Medicare IPO listing price is ₹118, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Pramodini Medicare IPO Lead Manager?
The book-running lead managers (BRLMs) for the Pramodini Medicare IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Pramodini Medicare IPO Red Herring Prospectus (RHP).