Pramodini Medicare Limited
Bookbuilding IPO · NSE
- Price band
- ₹110 - ₹118
- Lot size
- 1,200 shares
- Issue amount
- ₹69.04 cr
- Total subscription
- 3.96×
- Opens
- 12 Aug 2026
- Closes
- 14 Aug 2026
- Allotment
- 17 Aug 2026
- Listing
- 19 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 58,51,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹63.13 cr
- Offer for sale
- ₹5.9 cr
- Registrar
- Purva Sharegistry India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,41,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,66,94,795
- Shares after issue
- 2,20,45,595
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,83,200 |
| sHNI | 3 | 3,600 | ₹4,24,800 |
| bHNI | 8 | 9,600 | ₹11,32,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 14 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 13 |
| NIB | 0 | 737 |
| RETAIL | 843 | 2,939 |
| HNIs(10L +) | 178 | 325 |
| HNIs (2-10L) | 89 | 412 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 13.82 | 50.54 |
| FIIs | 0 | 16 |
| Others | 0 | 34.54 |
| RETAIL | 23.87 | 83.23 |
| NIB | 11.33 | 60.12 |
| HNIs 2+ | 3.78 | 18.21 |
| HNIs 10+ | 7.55 | 41.91 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 10.41 | 6.67 | 4.3 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 32.69 | 30.83 | 28 |
| PRE IPO(PE) | 11.33 | 0 | 0 |
| POST IPO(PE) | 14.97 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Pramodini Medicare Limited | 11.33 | 118.00 | 10 | 31.84 | 32.69 | 10.41 |
| Invicta Diagnostic Limited | 13.62 | 66.75 | 10 | 39.71 | 9.76 | 4.9 |
| Krsnaa Diagnostics Limited | 16.74 | 524.05 | 5 | 302.23 | 10.35 | 31.3 |
| Star Imaging & Path Labs Limited | 7.87 | 87 | 10 | 66.65 | 16.58 | 11.05 |
Company information
Company profile
Pramodini Medicare Limited, incorporated in 2000, is a technology-enabled diagnostic healthcare company providing radiology, clinical laboratory, and nuclear medicine services across India. The company offers a wide range of diagnostic solutions, including MRI, CT scans, X-rays, ultrasound, mammography, pathology, microbiology, biochemistry, PET-CT, SPECT, and nuclear medicine services. It serves government and private hospitals, public sector undertakings (PSUs), medical colleges, and standalone diagnostic centres through multiple partnership models. With a network of diagnostic centres, a 24×7 teleradiology facility, and advanced healthcare technology, Pramodini Medicare focuses on delivering accurate, reliable, and accessible diagnostic services across Tier I, II, and III cities.
Strengths
- Strategic Multi-State Presence: The company operates a network of diagnostic centres across multiple states, serving both government and private healthcare institutions.
- Diversified Business Model: It operates through PPP projects, private hospital partnerships, PSU collaborations, and standalone diagnostic centres, reducing dependence on a single business model.
- Strong Technical & IT Infrastructure: The company uses advanced IT systems to support radiology, laboratory, nuclear medicine, and 24×7 teleradiology services, improving operational efficiency and patient care.
Risk factors
- Dependence on Government PPP Contracts: A significant portion of the company's revenue comes from government PPP projects. Non-renewal of contracts or payment delays could affect business performance.
- High Reliance on Radiology Services: The company earns a large share of its revenue from radiology services. Any slowdown in this segment could impact revenue and profitability.
- Geographical Concentration Risk: A significant portion of the company's revenue comes from Andhra Pradesh. Any adverse developments in this state could affect business operations and financial performance.
Promoters
Chalasani Durga Aashritha
Chalasani Kavitha
Chalasani Kuldeep Kumar
Chalasani Lalithakumar
Sri Ram Medicare Pvt. Ltd.
Registrar & documents
Lead manager
Smart Horizon Capital Advisors Private Limited
Registrar & contacts
Purva Sharegistry India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Pramodini Medicare Ltd. D. No: - 29-4-54K, CSI Complex, Prakasam Road, Suryaraopet Vijayawada, Andhra Pradesh, 520002
+91 9985782727
[email protected]Company website ↗Understanding PRAMODINI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.