IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
Pramodini Medicare Ltd
Pramodini Medicare Ltd
Registered Office : D.No.29-4-54K CSI Complex,Prakasam Rd Suryaraopet,Vijayawada Andhra Pradesh 520002 Phone : +91 99857 82727
Fax :
Email : investors@pramodinidiagnositcs.com
Website : www.pramodinidiagnostics.com
Initial public offer of 58,51,200 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Pramodini Medicare Limited ("The Company" or "Pramodini" or "The Issuer") at an offer price of Rs. 118 per equity share for cash, aggregating to Rs. 69.04 Crores comprising of fresh offer of 53,50,800 equity shares aggregating to Rs. 63.14 Crores ("Fresh Issue") and an offer for sale of 5,00,400 equity shares by Chalasani Kuldeep Kumar, Chalasani Kavitha and Sri Ram Medicare Private Limited ("Promoter Selling Shareholders") aggregating to Rs. 5.90 Crores ("Offer For Sale") ("Public Offer"). The offer includes a reservation of 3,36,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 118 per equity share for cash, aggregating Rs. 3.96 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of 55,15,200 equity shares of face value of Rs.10/-each, at an offer price of Rs. 118 per equity share for cash, aggregating Rs. 65.08 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.54% and 25.02% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 118/- per equity share of face value of Rs. 10/- each. The floor price is 11.80 times of the face value of the equity shares. Bids can be made for a minimum of 1,200 equity shares and in multiples of 1,200 equity shares thereafter.
Opens On
Closes On
12-Aug-2026
14-Aug-2026
Application
Allotment
118.00
0.00
Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
55.91
69.04
22.05
118.00
Smart Horizon Capital Advisors Private Limited
- Funding of capital expenditure for purchase of Medical Equipments towards Existing and Proposed Diagnostic Centres; and
- General corporate purposes and unidentified inorganic acquisition
- Chalasani Kuldeep Kumar
- Chalasani Kavitha
- Chalasani Durga Aashritha
- NSE - SME
- Purva Sharegistry (I) Pvt Ltd
