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 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 serv
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 |
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 Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 17 Aug '26 | 19 Aug '26 | 18 Aug '26 |
| 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 Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
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 |
