Pramodini Medicare
19 Aug '26SME
Min. Investment
₹2,64,000
Issue size
₹69.04 Cr
GMP
Locked
Overall subscription: 0.67x
Expert verdict
IPO dates
12 Aug
Opening
14 Aug
Closing
17 Aug
Allotment
19 Aug
Listing
*Refunds will be initiated on 18 Aug '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,83,200 |
Subscription (as on 12 August 2026, 06:30 PM)
Overall0.67x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2000|MD: Dr. Chalasani Kuldeep Kumar
- Pramodini Medicare is a diagnostic service provider in India, offering technology-enabled diagnostic services to public and private hospitals, government PSUs and medical colleges across tier I, tier II and tier III cities.
- Its services are divided into three categories: radiology, clinical laboratory and nuclear medicine. Radiology services include MRI, CT scans, X-ray, ultrasound with colour Doppler, mammography, Dexa scans and interventional radiology. Clinical laboratory services cover haematology, microbiology, immunology, pathology and biochemistry, while nuclear medicine services include PET-CT, SPECT and nuclear therapy.
- The company also provides teleradiology services through its registered office in Vijayawada, which operates 24×7. As of December 31, 2025, the company operated 15 diagnostic centres across six states and 13 cities in India. Its centres operate through public-private partnerships, private-private partnerships, strategic partnerships with government PSUs and standalone private centres. The company also has a processing unit-cum-laboratory in Vijayawada.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Funding of capital expenditure for purchase of medical equipment towards existing and proposed diagnostic centres — Rs 45.15 crore
- General corporate purposes.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹110 to 118
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 23.26%
QIB - 20.02%
HNI - 16.41%
Retail - 34.58%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Pramodini Medicare IPO is ₹69.04 Cr
The Pramodini Medicare IPO will be open for applications from 12 Aug '26 to 14 Aug '26
The lot size of Pramodini Medicare IPO is 1200 Shares and its minimum investment amount is ₹2,64,000.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Pramodini Medicare IPO is null
