Pramodini Medicare Ltd. IPO Details

Pramodini Medicare Ltd. IPO Details

NSE - SMEUpcoming
Min. Investment
₹1,41,600
/ 1200 Shares
Issue Price
₹110 to ₹118
Subscription
-
Issue Size
₹69.04 Cr
Lot Size
1200 Shares
Open
2026-08-12
Close
2026-08-14
Allotment
2026-08-17
Listing
2026-08-19

1. Pramodini Medicare Ltd. IPO Details (SME) IPO Details

Pramodini Medicare Ltd IPO is a book-built SME issue of ₹69.04 crores. The issue comprises a fresh issue of 50.15 lakh shares (aggregating up to ₹59.00 Cr) and an offer-for-sale (OFS) of 5.00 lakh shares (aggregating up to ₹6.00 Cr).

The bidding for the IPO starts next Wednesday, Aug 12, 2026, and closes on Aug 14, 2026. The allotment is expected to be finalized on Aug 17, 2026. The company will list on the NSE SME platform, with a tentative listing date fixed as Aug 19, 2026.

The price band is set at ₹110–₹118 per share. The lot size for an application is 1,200 shares, but the minimum application for retail investors is 2 lots (2,400 shares), requiring a minimum investment of ₹2,83,200.

    Grey Market Premium

    Estimated listing gains (Live)

    ₹0
    NO PREMIUM
    Updated real-time from market sources

    Financial Summary

    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets93.6256.4548.78
    Total Income63.3838.5535.79
    Profit After Tax17.3811.147.14
    EBITDA30.9020.9715.53
    NET Worth53.1535.7724.75
    Reserves and Surplus36.4634.4923.46
    Total Borrowing17.8510.8111.96

    Pramodini Medicare IPO Details

    IPO Date12 to 14 Aug, 2026
    Listing DateWed, Aug 19, 2026 T
    Face Value₹ 10 per share
    Price Band₹110 to ₹118
    Lot Size1,200 Shares
    Sale TypeFresh capital cum OFS
    Issue TypeBookbuilding IPO
    Listing AtNSE SME
    Total Issue Size58,51,200 shares (agg. up to ₹ 69 Cr)
    Reserved for Market Maker3,36,000 shares (agg. up to ₹ 4 Cr) Shreni Shares Ltd. Rainbow Securities Pvt.Ltd.
    Fresh Issue (Ex Market Maker)50,14,800 shares (agg. up to ₹ 59 Cr)
    Offer for Sale5,00,400 shares of ₹ 10 (agg. up to ₹ 6 Cr)
    Net Offered to Public55,15,200 shares (agg. up to ₹ 65 Cr)
    Share Holding Pre Issue1,66,94,795 shares
    Share Holding Post Issue2,20,45,595 shares

    IPO Timetable (Tentative)

    EventDate
    IPO OpenWed, Aug 12, 2026
    IPO CloseFri, Aug 14, 2026
    AllotmentMon, Aug 17, 2026
    RefundTue, Aug 18, 2026
    Credit of SharesTue, Aug 18, 2026
    ListingWed, Aug 19, 2026

    Issue Reservation

    Investor CategoryShares% of Net Issue% of Total Issue
    QIB25,32,00045.91%43.27%
    Anchor Investor13,60,800-23.26%
    QIB (Ex. Anchor)11,71,200-20.02%
    NII (HNI)9,60,00017.41%16.41%
    bNII > ₹10L6,39,600-10.93%
    sNII < ₹10L3,20,400-5.48%
    Retail20,23,20036.68%34.58%
    Market Maker3,36,000-5.74%
    Total58,51,200100.00%100.00%

    IPO Lot Size

    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)22,400₹2,83,200
    Individual investors (IND) (Max)22,400₹2,83,200
    S-HNI (Min)33,600₹4,24,800
    S-HNI (Max)78,400₹9,91,200
    B-HNI (Min)89,600₹11,32,800

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    IPO Objects of the Issue

    #Issue ObjectsEst Amt (₹ Cr.)
    1Funding of capital expenditure for purchase of Medical Equipments towards Existing and Proposed Diagnostic Centres45.15
    2General corporate purposes and unidentified inorganic acquisition-
    Total45.15

    Key Performance Indicator (KPI)

    KPIMar 31, 2026
    ROE39.08%
    ROCE34.66%
    Debt/Equity0.34
    RoNW32.69%
    PAT Margin27.90%
    EBITDA Margin49.61%
    NAV31.84
    Price to Book Value3.71

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)10.417.88
    P/E (x)11.3414.97
    Market Cap at Offer Price₹197.00Cr.₹260.14 Cr

    Shareholding Structure

    CategoryPre IPOPost IPO
    Promoter and Promoter Group85.71%62.64%
    Public14.29%37.36%
    Total100%100%

    Offer For Sale - Selling Shareholders

    NameCategoryNo. of Shares OfferedAmount (₹ cr.)
    Chalasani Kuldeep KumarPromoter2,14,4002.53
    Chalasani KavithaPromoter1,43,0001.69
    Sri Ram Medicare Pvt.Ltd.Promoter1,43,0001.69
    Total5,00,4005.90

    2. About Pramodini Medicare Ltd. IPO Details (SME)

    Incorporated in 2000, Pramodini Medicare Limited is a technology-enabled diagnostic service provider in India. The company offers diagnostic services across radiology, clinical laboratory (pathology), and nuclear medicine, catering to public and private hospitals, PSUs, medical colleges, and standalone diagnostic centres across Tier-I, II, and III cities.

    Track Record

    • Financial Growth: Total income increased by ~64% from ₹38.55 Cr in FY25 to ₹63.38 Cr in FY26.

    • Profitability: Net profit (PAT) expanded by ~56% from ₹11.14 Cr in FY25 to ₹17.38 Cr for the fiscal year ended March 31, 2026.

    • Operational Margins: Maintains strong financial discipline with an EBITDA margin of 49.61%, PAT margin of 27.90%, and Return on Equity (ROE) of 39.08% for FY26.

    Pramodini Medicare Ltd IPO GMP

    As of August 05, 2026, the Grey Market Premium (GMP) is currently ₹0.

    Note: Because the subscription window opens next week on August 12, early grey market tracking indicators are starting flat. Subscription and premium momentum are expected to pick up closer to the bidding launch.

    Pramodini Medicare Ltd IPO Allotment Status

    The allotment is scheduled to be finalized on August 17, 2026.

    Check Pramodini Medicare Allotment Status

    To check your status online once the issue closes, visit the assigned registrar tracking portal or monitor updates on the exchange platform: Purva Sharegistry IPO Status Portal

    You can verify your status via:

    • Registrar's website (Purva Sharegistry India Private Limited)

    • NSE official SME tracking portal

    • Using your PAN number, Application ID, or DP ID/Client ID

    Strengths

    • Diversified Diagnostic Network: Strategic presence across multiple states with asset-light partnership models.

    • High Profitability Margins: Strong profitability track record with ~49.6% EBITDA margins and robust ROE.

    • Advanced Tech Integration: Integrated 24x7 teleradiology and IT infrastructure enabling fast diagnostic turnaround.

    Weaknesses

    • SME Platform Listing: SME listings typically involve lower trading liquidity compared to mainboard offerings.

    • Capital Intensity: Ongoing procurement and maintenance of advanced diagnostic and nuclear medicine equipment demand high capital allocation.

    How the Company Will Use IPO Money

    The fresh issue proceeds will be utilized for:

    • Capital Expenditure: Purchase of medical equipment towards existing and proposed diagnostic centres (₹45.15 Cr).

    • General Corporate Purposes: General administrative overheads and potential inorganic acquisitions.

    Market Maker & Registrar

    • Market Maker: Shreni Shares Ltd. & Rainbow Securities Pvt. Ltd.

    • Registrar: Purva Sharegistry (India) Private Limited

    Frequently Asked Questions (Pramodini Medicare Ltd. IPO Details)

    D
    Founder | India IPO Updates

    DIPAK DANGODARA

    I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

    I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.