
Pramodini Medicare IPO
PRAMODINI
Last updated on 24/10/2026 | 07:00 IST
Pramodini Medicare IPO is a book built issue of ₹44,90,400 crores. The issue is a combination of a fresh issue and an offer for sale. The subscription opens on 12 Aug '26 and closes on 14 Aug '26, with the basis of allotment expected to be finalised on 17 Aug '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 19 Aug '26. The price band is set at ₹110 to ₹118 per share with a minimum lot size of 1,200 shares. Smart Horizon Capital Advisors Pvt Ltd is the book-running lead manager, while Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official Pramodini Medicare IPO RHP.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Pramodini Medicare IPO Dates & Details
Open Date
12 Aug '26
Close Date
14 Aug '26
Allotment Date
17 Aug '26
Refund Date
18 Aug '26
Listing Date
19 Aug '26
Price Range
₹110 - ₹118
Min Investment
₹2,83,200
Lot Size
1,200
Listing at
NSE
IPO Document
Pramodini Medicare IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 45.91% | 20,61,542.64 crores |
| Non-Institutional Investors (NIIs) | 17.41% | 7,81,778.64 crores |
| Retail Individual Investors (RIIs) | 36.68% | 16,47,078.72 crores |
About Pramodini Medicare Ltd IPO
Pramodini Medicare Ltd was incorporated in 2000 as a diagnostic service provider in India offering technology-enabled healthcare services in the areas of radiology, clinical laboratory and nuclear medicine.
The company provides services to public and private hospitals, PSUs, medical colleges, and standalone diagnostic centres across Tier I, II and III cities.
The company’s services portfolio includes radiology services such as MRI, CT scan, X-rays, ultrasound with colour Doppler, mammography, DEXA scans and interventional radiology. In the clinical diagnostics domain, the company offers haematology, microbiology, immunology, pathology, and biochemistry services along with nuclear medicine services such as PET-CT, SPECT, and nuclear therapy. The company also has a 24x7 teleradiology unit and a processing laboratory in Vijayawada.
Business Model
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The company operates through various models, including PPP with government and teaching institutions, partnerships with private hospitals, strategic tie-ups with PSUs and standalone private diagnostic centres.
Operations & Workforce
The company, as of 31 December 2025, has been operating 15 diagnostic centres across 6 states (Uttar Pradesh, Andhra Pradesh, Karnataka, West Bengal, Haryana/NCR Delhi, and Kerala - yet to be operational) covering 13 cities.
As of 31 December 2025, the company had 134 permanent employees and 15 contractual employees.
Pramodini Medicare IPO Strengths & Weaknesses
Offering diversified diagnostic services across multiple healthcare segments
Presence in Tier I, II and III cities
Multiple operating models – PPP and Private
Integrated platform, comprising radiology, pathology and nuclear medicine centre
Firm operations with a growing network of diagnostic centres
Revenue dependence on government PPP agreements and contracts
High concentration on radiology services
A significant share of revenue comes from Andhra Pradesh, exposing the company to regional risks.
Pramodini Medicare IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 44,90,400 shares (aggregating up to ₹2,83,200 crores) |
| Fresh Issue | 5,01,480 shares (aggregating up to ₹50,14,800 crores) |
| Offer for Sale | 50,040 shares of ₹10 (aggregating up to ₹5,00,400 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 85.71 shares |
| Post-Issue Shareholding | 0 shares |
Pramodini Medicare IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Pramodini Medicare ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Pramodini Medicare IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Pramodini Medicare IPO Contact & Registrar Details
Contact Details
Address
D. No - 29-4-54K, CSI Complex, Prakasam Road, Suryaraopet Vijayawada
Phone Number
Registrar Details
Registrar Name
Purva Sharegistry (India) Pvt.Ltd.
Phone Number
Pramodini Medicare Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Smart Horizon Capital Advisors Pvt Ltd |


